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Nalezeno "terra": 1472

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

13.6.2022
After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and Tron’s founder Justin Sun spoke about traders shorting the digital...

Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here

13.6.2022
Senators confirmed that Bitcoin and Ether will be classified as commodities and regulated by the CFTC

Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’

13.6.2022
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last...

Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News

13.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Goldman Sachs Launches New Ethereum Derivative, Layoffs at Crypto.com, Binance vs. Private Litecoin + More News

Binance.US faces class-action lawsuit over LUNA and UST sale

13.6.2022
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers

Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra

13.6.2022
A class action lawsuit has been filed against Binance US on accusations that it misled investors and that it listed an unregistered security in UST

Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False

13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

12.6.2022
Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from...

What can other algorithmic stablecoins learn from Terra’s crash?

12.6.2022
The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in reality, they weren’t

Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

12.6.2022
The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity

Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions

10.6.2022
Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme

Why Terra’s Fall Offers a Unique Opportunity to Create a Better Stablecoin Environment

10.6.2022
The right approach, including a constructive dialogue with regulators, can restore trust in stablecoins, which are among the most revolutionary aspects of the crypto environment

Lack of Interest in Australian Bitcoin ETFs Blamed on Bad Launch Timing, Strong Inflows Globally

10.6.2022
Bitcoin (BTC)-backed exchange-traded funds (ETFs) of various types are now widely available to investors around the world. But the popularity of the funds varies, with investors in Australia showing almost no interest in trading the recently-launched ETFs there.... Read More: Lack of Interest...

Solana price just one breakdown away from a 40% slide in June — here's why

10.6.2022
Network outages and decreasing smart contract reserves add further downside pressure to SOL price

SEC Reportedly Looking into UST ‘Federal Violations’ of ‘Investor Protection Regulations’

10.6.2022
American regulators have waded into the aftermath of the terraUSD (UST) crash last month – and the coin's operators could face trouble at the hands of United States courts and the Securities and Exchange Commission (SEC).... Read More: SEC Reportedly Looking into UST ‘Federal Violations’...

Terra’s Luna, Luna Classic Tokens See Volatile Trading Amid New Developments

10.6.2022
Futures tracking the two tokens racked up nearly $18 million in liquidations over the past day in a higher-than-usual move

US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report

10.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches...