Binance CEO CZ Shares “Lessons” From Terra Collapse
Zhao didnt hold back in criticizing the team behind Terra as he pondered on last weeks events. CZ Talks Terra Again Changpeng Zhao has shared more thoughts on Terras implosion....
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Terra’s Do Kwon Investigated for Running a Ponzi: Report
South Korean prosecutors are reportedly weighing whether they could charge Do Kwon for running a Ponzi scheme by promising unsustainably high fixed interest rates on UST deposits via Anchor Protocol....
Terra Investors Reportedly Preparing to Sue Do Kwon for Fraud
The South Korean law firm LKB & Partners is reportedly preparing to sue Terraform Labs co-founder and CEO Do Kwon for fraud on behalf of investors financially harmed by Terras...
Twitter Deal “Cannot Move Forward” Without Spam Data, Musk Says
Musk may not be buying the social media giant after all. Musk Halts Twitter Buyout Over Spam Accounts Elon Musk is putting his Twitter deal on hold pending details on...
A Week of Terra: the Story of Do Kwon and His Black Swan Wipeout
Terra’s implosion will be remembered as one of the biggest moments in crypto history. Chris Williams tells the story of the blockchain and its controversial founder, Do Kwon. Buying the...
Binance’s CZ “Disappointed” With Terra Team’s Collapse Response
Binance delisted the Terra tokens LUNA and UST early Friday after LUNA plummeted below one cent. Binance CEO Slams Terraform Labs Changpeng Zhao, Binances CEO and the richest person in...
Musk Says Twitter Deal “Temporarily on Hold” Over Spam Bots
Twitter shares tanked 18.5% in pre-market trading after Musk said that his buyout deal had been put on hold. Musk Says Twitter Deal Halted Elon Musk has said his $44...
Senate Confirms Jerome Powell to Second Term as Fed Chair
The Senate has confirmed Jerome Powell to serve another four-year term as the leader of the Federal Reserve. As chairman of the Federal Open Market Committee, the Fed’s monetary policymaking...
Terra Nears Zero as Do Kwon Promises “Return to Form”
LUNA has shed over $30 billion of value over the last few days. Its now trading around $1, down 97% in the last 24 hours. Do Kwon Proposes Terra Solution...
Yellen Echoes Stablecoin Warning Citing UST Crash
U.S. Treasury Secretary Janet Yellen has called on Congress to pass stablecoin legislation, referencing UST’s recent depeg event. Yellen Highlights Stablecoin Risks Stablecoins are facing increased scrutiny from the U.S....
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