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Crypto

Robinhood Chain memecoin launchpad Vlad.fun halts operations over internal integrity issues

Vlad.fun, a memecoin launchpad built on Robinhood Chain, has halted operations after confirming a serious integrity issue within its team. The platform was taken offline to investigate the incident and to consider legal action against those responsible. Vlad.fun said the issue involved its own team members but did not disclose the nature of the alleged violations. It also warned that a token bearing its name was not an official token.

Crypto

Tether invests $20 million in Argentina neobank Uala

Tether has invested $20 million in a $197 million funding round by Argentine neobank Uala, Cointelegraph reported. Uala disclosed Tether’s participation when it announced the round in March but did not reveal the amount, the report said. The round was led by Allianz X, and Bloomberg reported Tether’s investment was $20 million. Tether has also expanded investments in Latin America.

Crypto

Bybit launches local platform in Indonesia after acquiring Nobi

Bybit has launched a locally operated platform in Indonesia after acquiring a majority stake in digital asset firm PT Enkripsi Teknologi Handal, known as Nobi. Cointelegraph reported on July 17 that the company has changed its name to Bybit Indonesia. Bybit said it will introduce services in stages, starting with plans to offer 500 cryptocurrency trading pairs.