Wormhole raises $225M at $2.5B valuation

Wormhole raises $225M at $2.5B valuation

Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion. According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital,... Read more »
Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

Stablecoin issuer Tether froze roughly $225 million worth of USDT tokens as part of an investigation into a Southeast Asia human trafficking syndicate launched by the United States Department of Justice (DOJ). ... Read more »