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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...
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
25.10.2022
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
20.10.2022
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive...
Terra Founder Do Kwon Says Luna Collapse ‘My Responsibility Alone’
19.10.2022
Terra (LUNA) founder Do Kwon has said in a recent podcast interview that the collapse of Terra due to design weaknesses is “my responsibility alone,” while admitting that “it’s not easy” to own up to the responsibility.
Speaking in an interview with host Laura Shin on the Unchained Podcast,...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
16.10.2022
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June...
Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’
11.10.2022
Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame...
Back to Square One? Circle's USDC Market Cap Drops Below $50B for First Time Since Terra's Collapse
10.10.2022
USDC's utility has taken a hit in the wake of Binance's decision to consolidate order books and Circle's decision to freeze addresses associated with Tornado Cash
South Korean judge dismisses warrant for individual involved in Terra collapse: Report
6.10.2022
In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country
Stablecoins shed $38B since May as yields plunge, projects collapse
6.10.2022
An estimated $148.7 billion worth of stablecoins are still in circulation
Korean police reportedly arrest first person involved in Terra collapse
6.10.2022
The head of the business team of Terraform Labs was a part of Do Kwon’s inner circle
Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet
6.10.2022
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse...
Anchorage co-founder sees 'tons of opportunity' as it expands into Asia
5.10.2022
Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point
Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data
4.10.2022
Binance’s scheme destroyed only 0.08% of the token’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token
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...
The British pound collapse and its impact on cryptocurrency: Watch the Market Report
27.9.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the fall of the British pound and its impact on the cryptocurrency market
Luna Classic, Remnant of Terra Collapse, Jumps 60% as Binance Unveils Burn Scheme
26.9.2022
Binance’s new measure aims to reduce the hyperinflated LUNC token’s supply. It is unlikely to have the desired effect that traders hope for
Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant
19.9.2022
Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say...
Terra co-founder Do Kwon says he’s not ‘on the run’
19.9.2022
Kwon didn’t reveal his whereabouts in a series of Tweets responding to claims he fled Singapore after an arrest warrant was issued on Wednesday
Collapse of Terra blockchain ecosystem forces talent migration
13.9.2022
Projects migrating from Terra to other ecosystems have made an example of how to adapt and regenerate after a catastrophic blockchain collapse
NFT Viking Game Goes Bust Amid Crypto Collapse, Mismanagement Allegations
7.9.2022
First announced in September 2021, at the height of the world’s collective NFT madness, Northern Guilds was supposed to be “a fun-first, device-agnostic dungeon crawler blockchain MMORPG inspired by your favorite childhood games”. It may shock you, reader, to find out that Northern Guilds has ended...