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Tag: TerraUSD

SEC Fines $5.2B in Penalties on Terraform Labs and Co-Founder Do Kwon

Blockchain News The SEC is requesting the return of about $4.7B, along with $520 million in civil penalties. The regulatory agency is considering imposing a “conduct-based...

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DeFi Meets TradFi: Hong Kong’s ZA Bank Targets Stablecoin Issuers

Hong Kong's virtual lender ZA Bank is embracing digital finance by engaging with potential stablecoin issuers to establish fiat reserve accounts. This initiative marks a significant...

The Looming Leap of Faith: Can We Trust the Digital Future?

Long before the digital age, trust in the written word was a cornerstone of human interaction. In ancient societies, scribes painstakingly copied documents onto papyrus or...

SEC Brands Terraform Labs a “House of Cards” as Civil Trial Commences

SEC accuses Terraform Labs of constructing a fraudulent empire, with the civil trial beginning over a year after the lawsuit was filed. The United...

Extradition of Terraform Labs’ Do Kwon to South Korea Stalls

The extradition of Terraform Labs’ Co-Founder, Do Kwon, to South Korea has hit a roadblock as Montenegro’s Office of the Supreme State Prosecutor challenged...

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...

Montenegro Court Revokes Earlier Decision To Extradite Do Kwon to US, Citing Procedural Violations – The Daily Hodl

An appellate court in Montenegro overturns an earlier ruling that approved the extradition of disgraced Terraform Labs founder Do Kwon to the United States. Kwon...

Terra Creator Do Kwon Avoids Extradition To United States — Again

Advertisement &nbsp &nbsp Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor...

Ethereum Hits $3,500 Just Days Before Dencun Upgrade – Decrypt

Ethereum is starting the week having inched its way past $3,500, marking a 3% gain since this time yesterday, according to CoinGecko data.At the...

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...

Stablecoins’ Total Market Cap Explodes to $138 Billion in 2024, Reveals CCData

CCData stands at the forefront of the digital asset data space, serving as a crucial resource for anyone navigating the cryptocurrency market. Their core...

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