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Nalezeno "UST": 344

Yield platform Stablegains sued for promoting UST: Finance Redefined

24.2.2023
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million

Yield platform Stablegains sued for promoting UST as a 'safe' investment

20.2.2023
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year

Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg

12.12.2022
A new report has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is currently staying in Serbia. The report added that the South Korean government has engaged the Serbian government regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating...

Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital

12.12.2022
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project...

Terra co-founder Do Kwon hiding out in Serbia, says authorities

12.12.2022
South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea

FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in

8.12.2022
As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA

Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

28.11.2022
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe...

Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

24.11.2022
New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto...

Binance CEO CZ Calls SBF a ‘Psychopath,’ 3AC Co-Founder Accuses FTX, Alameda of Stop Hunting His Hedge Fund

17.11.2022
During a conversation with Binance CEO Changpeng Zhao (CZ) and the Milken Institute, the exchange executive called the former FTX CEO Sam Bankman-Fried (SBF) a “psychopath” for one of the tweets SBF wrote last week. CZ’s statements further follow the accusations stemming from Three Arrows Capital...

Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...

South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe

16.11.2022
Officials said they suspect Chai Corp. leaked customer information to Terraform Labs

Luna Foundation Guard Spent $2.8B Defending UST Peg, Third-Party Audit Finds

16.11.2022
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8 billion of crypto trying to defend the peg of TerraUSD (UST) in May, according to a third-party audit by JS Held

Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra

1.11.2022
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed...

Report: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure

31.10.2022
According to a report, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the company’s exposure to the Terra ecosystem and allegedly lost $190 million from the incident. Report Says Hodlnaut...

4,400 disgruntled investors are hunting for Terra's Do Kwon

20.10.2022
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies

Victims of TerraUSD UST Collapse Speak Out – Will Do Kwon Be Arrested?

29.9.2022
Victims of the collapse of the Terra ecosytem, which wiped out over $60 billion of investors' funds, have been speaking up and calling for Do Kwon and entities related to him to be brought to justice. In a Twitter thread, 'FatManTerra,' a pseudonymous finance investor who has been providing...