Generative Data Intelligence

Tag: UST Stablecoin

Terraform Labs’ New Filing Reveals Who Was Responsible For The May 2022 UST Stablecoin Depeg Catastrophe

Advertisement &nbsp &nbsp In an intriguing disclosure, Do Kwon-co-created Terraform Labs has held trading firm Citadel Securities responsible for causing its so-called algorithmic...

Terraform Labs Accuses Citadel Securities of Destabilizing its UST Stablecoin

In the latest twist, Terraform Labs, a defunct crypto network, is accusing Citadel Securities of participating in intentional efforts to destabilize its stablecoin...

According to Terraform Labs, Citadel Securities was involved in the collapse of its stablecoin.

Terraform Labs has implored the presiding judge to grant its motion, compelling Citadel Securities to disclose their trading data. Terraform alleges that Citadel Securities...

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? ...

Best Crypto to Buy Now September 28 – XDC Network, Terra, Bitget Token

Join Our Telegram channel to stay up to date on breaking news coverage ‘What is the best crypto to buy right now’ is a common question asked...

The Law Must Evolve To Make CBDCs Possible, Says BIS Chief – Decrypt

Outdated legal frameworks are holding the world back from issuing much-needed Central Bank Digital Currencies (CBDCs) according to Agustín Carstens, General Manager of the...

Do Kwon says SEC’s extradition request is impossible

Lawyers for Terraform Labs co-founder Do Kwon have requested a federal court to reject the United States Securities and Exchange Commission’s (SEC’s) request to...

Terra Classic Community Votes to Halt Minting and Re-Minting of USTC Tokens

In a significant development, the Terra Classic community has chosen to end the minting and reminting of Terra Classic USD (USTC) tokens, marking a...

US SEC to tighten regulatory enforcement beyond Coinbase, Binance.US

In this issueUS SEC: Stepping up enforcementNFTs: Gaming juggernaut Zynga moves into NFTsJPEX exchange: Woes ahead as Hong Kong makes arrestsFrom the Editor’s DeskDear...

Prime Trust Filing Reveals Cascade of Failures That Led To Bankruptcy Filing – Decrypt

Irresponsible spending. Misjudging summer 2022's crypto market implosion. Getting locked out of its own cryptocurrency wallet. These are some of the missteps detailed...

OnlyFans’ Ethereum Holdings Sank—But 2022 Was Still A Good Year – Decrypt

More fans, more creators, more money. For the content creator site OnlyFans, 2022 was a pretty good year. For Ethereum? Maybe not so much.Over...

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...

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