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Tag: Stablecoin UST

SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report

Blockchain
Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against...

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Bitcoin Whales Cash In $2 Billion Profits Amid BlackRock-Driven Surge

Blockchain
Advertisement &nbsp &nbsp On November 14, cryptocurrency analyst Alí Martinez shared on-chain data revealing that on November 3, Bitcoin whales began taking profits as...

Why Did Most Crypto Interest Accounts Fail in 2022?

Blockchain
A Timeline of How and Why Most Crypto Interest Failed in 2022 Final Thoughts: Why Did Crypto Interest Accounts Fail? ...

SEC Alleges Jump Trading Propped Up Terra Prior to Collapse – Decrypt

Blockchain
As early as February, an anonymous source had claimed that Jump Trading was the company targeted by the SEC for having artificially maintained parity...

Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor

Blockchain
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated...

What Is Silo Finance?

Blockchain
As a self-custodial lending protocol, Silo Finance represents the next evolutionary step in decentralized finance (DeFi). Although DeFi already offers dozens of lending platforms,...

5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter

Blockchain
2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem...

Singapore Should Stop Beating Itself Up on Crypto Regulations

Blockchain
“Code is law.” Whereas the catchphrase has caught on with the crypto crowd, it has little cache with the crew that truly formulate regulation...

A Botched Heist: A Look At The Sloppy $8.5M Hack On Platypus Protocol

Blockchain
Avalanche-based Platypus Protocol, an AMM that was less than two weeks into launching it’s new stablecoin USP, suffered an $8.5M flash loan attack on...

SEC Accuse Do Kwon and Terraform Labs of Fraud Involving UST and LUNA

Blockchain
SNEAK PEEK: The Securities and Exchange Commission accuses Do Kwon and Terraform Labs of scam. Kwon was charged with soliciting billions of dollars from...

SEC Sues Terraform Labs and Do Kwon for Crypto Fraud Involving UST and LUNA

Blockchain
On February 16th, the US Securities and Exchange Commission (SEC) accused Terraform Labs, the Singapore-based company behind the creation of LUNA and UST...

SEC Sues Do Kwon and Terraform Labs

Blockchain
The U.S. Securities and Exchange Commission is cracking down on Terraform Labs and its founder Do Kwon.In a Feb. 16 announcement the SEC said...

Frax Triples in Value Amid the Wreckage of FTX

Blockchain
Buoyed by the fast growth of its lending and liquid staking businesses, stablecoin issuer Frax Finance is on a tear to start the new...
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