Do Kwon to reportedly appeal against court’s decision to extend detention
A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual.
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Terra’s Do Kwon Arrested in Montenegro
Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally...
Do Kwon had the right idea, banks are risk to fiat-backed stablecoins: CZ
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.
Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities
Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs.
Here’s how Binance is mitigating its stablecoin needs after BUSD ban
The recent action from Binance comes in the wake of the NYDFS ordering BUSD issuer Paxos to stop minting new coins.
Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion…
Yield platform Stablegains sued for promoting UST: Finance Redefined
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.
Trading on major exchanges spiked following collapse of Terra, FTX: BIS report
The report suggests that whales with Binance, FTX and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought.
The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
Yield platform Stablegains sued for promoting UST as a ‘safe’ investment
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year.
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