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Magic Internet Money token depegs as Terra (LUNA) domino effect persists

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Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli.

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Coin Market

SEC seeks sanctions against Elon Musk over Twitter purchase

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Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.

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Securitize adds Wormhole for multi-chain RWA tokens 

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Easier cross-chain transferability for RWAs is crucial to institutional adoption, executives say. 

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Crypto Biz: Circle prepares to debut on Wall Street

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Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.

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