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Tag: UST Stablecoin

TUSD Lending Rates Spike After Stablecoin Briefly Rallies To $1.20

Opportunistic DeFi traders pushed lending rates for TrueUSD, the centralized stablecoin favored by Binance following a regulatory crackdown on its own BUSD token, well...

South Korean Court Rules LUNA Is Not a Security

A South Korean court ruled that there is not enough evidence to consider LUNA a financial investment product subject to securities laws. ...

Terraform Labs co-founder defends against SEC allegations

Do Kwon, co-founder of blockchain company Terraform Labs, has defended himself against allegations of fraud brought by the US Securities and Exchange Commission (SEC)....

Swing and a Miss: Terra Logos Still Adorn Washington Nationals Ballpark

Opening Day marked fresh beginnings for Major League Baseball teams and fans, but ghosts of crypto’s past are still haunting at least one ballpark.As...

U.S. and South Korea vying for Do Kwon trial; extradition destination uncertain

Ad The U.S. and South Korea both aim to prosecute Terra founder Do Kwon, making his next destination unclear, according to a report from...

Terraform Labs CEO Do Kwon Arrested in Montenegro Following Crypto Collapse

Share some Bitpinas love:Subscribe to our newsletter!Terraform Labs CEO Do Kwon was arrested in Montenegro after almost a year in hiding following the $40...

Terra Founder Do Kwon Arrested In Montenegro

Longtime Critic FatMan Hails Law Enforcement Action As Victory For Crypto Space Do Kwon, the co-founder and CEO of Terraform Labs, the company behind the...

Do Kwon’s TerraForm Labs Probed By Singapore Police In Global Manhunt

Singaporean authorities initialized the investigation into Terraform Labs Pte. Crypto fugitive Do Kwon hasn’t posted on Twitter since February 1st, 2023. LUNC plunged 29%...

Maker (MKR) Survives Onslaught With 21% Gain As Other Top 100 Cryptos Suffocate

In the midst of an onslaught in the crypto market today, only one crypto made the biggest gain: Maker (MKR). At the time of writing,...

Wallet Tied to Terra’s UST Depeg Identified to be Jane Street’s: Research

The implosion of Terra last summer still haunts the crypto industry. Numerous post-mortem reports have gone into detail about the wallets that contributed...

Just a Coincidence? Coinbase and Polygon Lawyers See Bad Omens in SEC Crackdown – Ep. 458

February 21, 2023by Laura Shin A settlement with Kraken, a proposed custody rule, and lawsuits against Paxos and Terraform Labs. “This week has been...

Celsius Was Using QuickBooks for Its Accounting—Just Like FTX

Bankrupt crypto lender Celsius used Quickbooks to keep track of its finances, a court-appointed examiner wrote in a report released Tuesday.That made it especially...

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