Generative Data Intelligence

Tag: Stablecoin UST

Bitcoin ETF fever sends BTC to heights not seen since May 2022

Bitcoin prices experienced a sharp increase on Tuesday, reaching a peak of $35,066 before slightly pulling back to settle near $34,500 by 6:30 p.m....

Why Did Most Crypto Interest Accounts Fail in 2022?

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

Stablecoin Market Cap Hits 18 Months of Decline–But All Is Not Lost – Decrypt

The past eighteen months have been dire for most stablecoins. Following last year’s collapse of Terraform and its native stablecoin UST, the entire market capitalization...

Prime Trust Lost $8 Million Investing in TerraUSD

The parent company of crypto custodian Prime Trust disclosed that its prior management lost millions of dollars’ worth of customer funds and Treasury...

Terra.money website frozen to prevent more phishing scams

Layer-1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform.“The terra(dot) money domains...

Terraform Labs Granted Permission to Subpoena FTX

A judge has granted Terraform Labs permission to access documents in the custody of FTX and its related entities to prepare a defense...

Terra Founder Do Kwon Released on Bail

A Montenegrin court set bail at $436,000 following a hearing on Thursday, where the Terra founder pleaded not guilty to fraud charges. ...

South Korean Court Rules Luna Is Not a Security: Report

A South Korean District Court has declared that LUNA, the native token of the Terra ecosystem, is not a security. The court also dismissed...

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S....

What Is Silo Finance? [SPONSORED]

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,...

Ethereum Developers in Conference at the “Wild West” are Warming to Compliance

“Compliance” would seem like an unlikely buzzword at ETHDenver, one of Ethereum’s  largest conferences, set literally in the “Wild West.”  “Compliance” would seem like an...

Singapore Should Stop Beating Itself Up on Crypto Regulations

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

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