Generative Data Intelligence

Tag: TerraUSD

Majority of creditors want Hodlnaut liquidated

Creditors of Singapore-based cryptocurrency lender Hodlnaut have again expressed their desire to liquidate the company, which has been under judicial management since August 2022....

Bitcoin Poised to Reach US$100,000 by End-2024, Says StanChart Researcher

Bitcoin is likely to reach US$100,000 by the end of next year in a sign that the crypto winter might be waning, according to...

Terra’s LUNA Token Is Shockingly Classified As A Non-Security By A South Korean Court

Advertisement &nbsp &nbsp While the U.S. Securities and Exchange Commission (SEC) considers LUNA, the native token of the Terra ecosystem, a security, a court...

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....

From billionaire to Montenegro jail: The rapid rise and fall of Terra chief Do Kwon

Before Terra-LunaDo Kwon, 31, whose full name is Kwon Do-hyung, was born in South Korea and graduated from Daewon Foreign Language High School in...

South Korean Crypto Sector Slowly Recovering from Terra Luna Collapse

The collapse of stablecoin TerraUSD in 2022 knocked out more than $60 billion from the crypto market in a single week. However, the hardest-hit...

SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit

According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto...

Do Kwon Sent $7 Million to South Korean Law Firm Before Terra Collapse

The Terra founder sent a final payment to law firm Kim & Chang just ahead of UST and LUNA’s unraveling. ...

Do Kwon retained law firm in South Korea before Terra collapse: Bloomberg

The founder of Terraform Labs, Do Kwon, reportedly retained a law firm in South Korea before the wipeout in TerraUSD’s value, according to a...

Stablecoin Apocalypse: New Bill Threatens Crypto’s Very Existence

Draft bill proposes stablecoin moratorium Bill follows UST and USDC incidents Legislation seeks CBDC impact study The House Financial Services Committee has unveiled...

Binance AnnouPostnces -Shapella ETH Withdrawal Requests May Take Weeks

Binance, a cryptocurrency exchange, said on Thursday, April 13th, that Ethereum withdrawal requests might take several weeks to process. This statement...

Shibarium’s Testnet Adoption Exploding With 5.8M Wallets and 3.2M Transactions So Fa

Shibarium, the layer 2 blockchain meant to solve the SHIB token’s host chain Ethereum’s problems, particularly low speed and high transaction...

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