Tag: algorithmic stablecoin
Ethena USDe Tops $2.3B Market Cap But Risks Identified
Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of...
Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury
erraform Labs and Do Kwon face a guilty verdict for defrauding investors in a landmark case, highlighting the need for regulatory compliance in the...
XRP Ledger Creator Ripple to Launch Own Stablecoin | BitPinas
Ripple plans to launch its own stablecoin responding to strong demand for trustworthy and stable digital assets.
The stablecoin, set to launch later this year,...
Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud – The Defiant
The jury voted unanimously against Kwon. The United States Southern District of New York jury found Terraform Labs and its co-founder Do Kwon misled...
Crypto Heavyweights Torn Over Ethena’s New Stablecoin – The Defiant
Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm. Ethena Labs launched its USDe synthetic dollar on Feb. 21, causing a...
BitMEX co-founder believes this stablecoin could flip Tether one day
Ethena, the protocol powering the USDe synthetic dollar, raked in $6.53 million in fees over the last 24 hours, cementing its position as the...
Terra Creator Do Kwon Avoids Extradition To United States — Again
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Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor...
SEC accuses Terraform Labs of diverting $166 million to legal team ahead of court decisions
The US Securities and Exchange Commission (SEC) accused Terraform Labs of transferring around $166 million to Dentons U.S. LLC, a law firm, under the...
10 APAC Markets’ Approaches To Crypto Regulation – Fintech Singapore – CryptoInfoNet
by Johanan Devanesan February 28, 20242023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion...
Here’s How 10 APAC Markets Are Approaching Crypto Regulation – Fintech Singapore
by Johanan Devanesan
February 28, 2024
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion...
Judge Sets Pretrial Deadline In SEC’s Suit Against Terra As Do Kwon’s Extradition To US Looms
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The presiding judge in a lawsuit playing out in the U.S. District...
Do Kwon to face US extradition for Terra collapse charges
Kwon Do-hyung, the former chief executive officer of Terraform Labs, is set to be extradited to the United States following a decision by Montenegro’s...
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