OpenSea reports banks are testing stablecoins, digital tokens pegged to the USD, to enhance payment efficiency for consumers.
Todd Snyder, who Delaware’s bankruptcy court appointed to oversee the wind-down of Terra/Luna parent company Terraform, has filed a lawsuit in New York against Jane Street, a quantitative trading firm ...
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Do Kwon gets 15 years for $40B stablecoin collapse
The prison sentence handed to Terraform Labs founder Do Kwon marks a rare moment of accountability in a corner of finance that has long thrived on opacity and hype. After the spectacular implosion of ...
High-frequency trading powerhouse Jane Street is accused of insider trading that accelerated the downfall of crypto project ...
Ethereum co-founder Vitalik Buterin drew a clear boundary around what he considers “real” decentralized finance (DeFi), pushing back against yield-driven stablecoin strategies that he says fail to ...
Four months after the collapse of the Terra ecosystem and its algorithmic stablecoin UST, Terraform Labs co-founder Do Kwon and five other individuals have been issued an arrest warrant by a South ...
Analysts pushed back against the Bitcoin price manipulation allegations targeting trading company Jane Street, while demand for spot Bitcoin ETFs saw an uptick after five weeks of selling.
In May 2021, the Luna stablecoin lost its algorithmic peg to the Dollar, which led to the erosion of $45 billion for cryptocurrencies and various other assets in the hours immediately following this ...
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