Action

FDUSD Issuer Assures Funds Are Backed 1:1, To Pursue Legal Action After Justin Sun’s Allegations Send Stablecoin Below $1

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FDUSD Issuer Assures Funds Are Backed 1:1, To Pursue Legal Action After Justin Sun’s Allegations Send Stablecoin Below

The team behind First Digital USD FDUSD/USD addressed concerns regarding financial stability Wednesday after the dollar-backed stablecoin briefly depegged following allegations of insolvency by cryptocurrency entrepreneur Justin Sun. What Happened: First Digital confirmed that it has processed the initial redemptions following the FUD. It also assured that FDUSD is fully backed 1:1 and that their redemption … Read more

FDUSD Still Recovering from Depeg as First Digital Vows to Take Legal Action Against Justin Sun

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FDUSD Still Recovering from Depeg as First Digital Vows to Take Legal Action Against Justin Sun

Quick take: The Hong Kong-based stablecoin issuer has since made a statement vowing to pursue legal action against Sun. The FDUSD later recovered to trade around $0.98 to USDT on Binance. First Digital Trust also managed reserves for TrueUSD (TUSD) when it fell below the $1 peg in January last year. FDUSD, the stablecoin issued … Read more

New Farming Game Brings PvP Action: Web3 Gaming

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New Farming Game Brings PvP Action: Web3 Gaming

The Rise of Web3 Gaming Blockchain gaming is gaining attention for several reasons: Players can truly own digital assets. Token-based economies offer new earning opportunities. Game worlds can connect under a shared economy. Traditional games often lock progress within one title. Web3 gaming is changing that by allowing players to use their assets across multiple … Read more

First Digital to ‘Pursue Legal Action’ Over Justin Sun Allegations as FDUSD Price Drops

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First Digital to ‘Pursue Legal Action’ Over Justin Sun Allegations as FDUSD Price Drops

FDUSD, the stablecoin issued by Hong Kong-based First Digital, has wobbled from its $1 price peg as investor concerns mounted over its reserves, though the company said Wednesday that it was “completely solvent.” FDUSD has dropped to 0.87 against Tether’s USDT stablecoin and 0.76 against Circle’s USDC on Binance, the main exchange where FDUSD is … Read more

XRP Price Analysis: Bulls Eye $2.20 Breakout Amid Choppy Action

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XRP Price Analysis: Bulls Eye .20 Breakout Amid Choppy Action

The current trading environment for XRP reflects consolidation within a cautious downtrend, with prices anchored at $2.12 to $2.135 amid a 24-hour trading range of $2.07 to $2.19, underpinned by a $123 billion market cap and $4.18 billion in trading volume. XRP On the 1-hour chart, XRP displays choppy price action with a recent lower … Read more

SEC Closes Investigation Into Crypto.com Without Action

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SEC Closes Investigation Into Crypto.com Without Action

0 ​The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into cryptocurrency exchange Crypto.com without pursuing any enforcement action, as announced by the company on March 27.​ In October 2024, Crypto.com filed a lawsuit against the SEC after receiving a Wells Notice — a communication indicating that the agency was considering enforcement action.  … Read more

‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly

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‘Tesla Takedown’ protesters are planning a global day of action on March 29, and things might get ugly

“Tesla Takedown” organizers have promised their biggest day of global action today, encouraging thousands to protest outside Tesla showrooms, dealerships, and even charging stations to peacefully object to Elon Musk’s role in slashing government spending.  As Tesla protests have spread, so has the backlash. Activists holding up signs are being conflated with masked vandals throwing … Read more

Bitcoin Price Action: Technical Insights from Recent Trends

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Bitcoin Price Action: Technical Insights from Recent Trends

Explore .cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h <!– ? –> Price 7d recent price action through in-depth Bitcoin technical analysis. This article dives into key Bitcoin chart patterns, support and resistance levels, and trading signals driving cryptocurrency market trend. With search interest peaking in late March 2025, we uncover … Read more

Binance Takes Action Against Market Maker Over $SHELL And $GPS

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Binance Takes Action Against Market Maker Over $SHELL And $GPS

Binance, a popular crypto exchange, has announced strict measures against a market maker. As per Binance, the platform has taken a decisive action to confront the market maker that have participated in a misconduct while offering services to GoPlus Security ($GPS). The crypto exchange recently announced this development on its official web portal. Binance Announces … Read more

Most affirmative action policies are illegal in France, but US warns French companies against using DEI policies

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Most affirmative action policies are illegal in France, but US warns French companies against using DEI policies

France’s trade ministry condemned “unacceptable” US interference Saturday after the American embassy in Paris sent several French firms letters warning against using the diversity programmes known as “DEI”, a frequent Donald Trump target. The letters, sent to French companies currently doing or looking to do business with the United States, included an attached questionnaire asking … Read more