Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that it could “automatically self-heal” in the event of a de-peg, it actually relied on continuous trading activity, including large-scale trading done by institutional investors.
Bitcoin gains over Chinese New Year, Solana’s network was down for hours and crypto miners have found a new hub in an unexpected location. These stories and more, this week in crypto. Chinese New Year…
While most exit scams or rug pulls result in the collapse of a project, Solana-based memecoin Catwifhat (CIF) managed to survive two of them, illustrating how crypto’s decentralized nature can sometimes allow a project to…
Viele Spieler bevorzugen Online Casinos, die nicht dem OASIS-Sperrsystem unterliegen, da diese Plattformen besondere Merkmale und Vorteile bieten. Solche Casinos sind ideal für diejenigen, die eine sichere, vertrauenswürdige und unterhaltsame Spielumgebung suchen. Die Top-Casinos ohne…
Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law. Efforts by the US Congress to establish a robust regulatory framework for stablecoins may…
On-chain wallet data promises to be a game-changer for companies looking to target Web3 users, developers and traders — but this hinges on infrastructure connecting wallets to social media profiles. Cointelegraph spoke to Addressable chief…
Top Stories This Week Terraform Labs and Do Kwon found liable for fraud in SEC case A jury found Terraform Labs and co-founder Do Kwon liable for defrauding investors in its civil case with the…
