The Seoul metropolitan police department has asked all exchanges to freeze funds associated in any way with the Lena Foundation Guard (LFG).

Amid the recent market meltdown, ECB President has investors to maintain caution and has demanded swift regulations for digital assets.

Goldman Sachs said that cryptocurrencies constitute very small portion of the U.S. household net worth.

The SEC chairman has requested more resources to adequately regulate crypto adding that a lot of tokens will fail in the coming years.

There’s a growing demand from the crypto community that Tether must conduct a due audit for its USDT’s dollar reserves.

A south Korean lawmaker has demanded a parliamentary hearing of Terra founder Do Kwon leading to the latest collapse of the TerraUSD stablecoin.

Terra said that they would starts compensating UST holders from the last available Bitcoin reserves.

Terra’s collapse of its LUNA cryptocurrency has sent shockwaves in the crypto space and across the DeFi ecosystem.

Janet Yellen cites the recent collapse of the TerraUSD (UST) stablecoin calling the need for strong regulatory framework this year.

The UST peg dropped to $0.70 earlier today after a major sell-off of the UST tokens over the last weekend.