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Terraform Labs founder Do Kwon defrauded investors, US SEC charges say

Business

Jon Southurst

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17 February, 2023

Terraform Labs founder Do Kwon defrauded investors, US SEC charges say

Terra founder Do Kwon's future is looking bleak as the U.S. SEC cements the allegations against him that resulted in...

South Korean authorities traveled to Serbia to arrest Terra’s Do Kwon

Business

Wahid Pessarlay

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11 February, 2023

South Korean authorities traveled to Serbia to arrest Terra’s Do Kwon

South Korean news outlets speculate that Do Kwon has been hiding out in Serbia since December 2022, but Terra’s fugitive...

Business

Steven Stradbrooke

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26 January, 2023

Digital Currency Group’s Luno exchange cuts staff, Grayscale won’t cut fees

In a 'town hall' meeting on January 25, U.K.-based digital assets exchange Luno revealed that around 35% of them were...

DCG involvement in 3AC, FTX collapses raise prospect of billion dollar clawbacks

Business

Jordan Atkins

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5 January, 2023

DCG involvement in 3AC, FTX collapses raise prospect of billion dollar clawbacks

3AC founders came out swinging against SBF's FTX and DCG's Barry Silbert, accusing the two of colluding to attack Terra...

Editorial

Jerry Chan

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2 January, 2023

Farewell to 2022… Hello 2023!

2022 witnessed the dashing dreams of BTC loyalists who called for the price to hit $100k, given their infallible plan...

Bank of Canada pushes for firmer stablecoin regulation

Business

Wahid Pessarlay

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24 December, 2022

Bank of Canada pushes for firmer stablecoin regulation

The global stablecoin market capitalization currently stands at an impressive 161 billion, and the researchers from the Bank of Canada...

South Korean court confiscates $92M in assets linked to Terra tokens

Business

Wahid Pessarlay

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23 December, 2022

South Korean court confiscates $92M in assets linked to Terra tokens

The assets were obtained from Kernel Labs—a firm close to Terra—and according to court documents, Kernel Labs’ CEO Kim Hyun-Joong...

Prof. Hilary Allen bursts BTC’s ‘decentralization’ bubble

Business

Steven Stradbrooke

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16 December, 2022

Prof. Hilary Allen bursts BTC’s ‘decentralization’ bubble

U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing into the FTX collapse mocked Kevin O’Leary, who is lamenting...

Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say

Business

Wahid Pessarlay

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14 December, 2022

Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say

It remains unclear why Kwon chose Serbia, but South Korean authorities are not ruling out the possibility that the embattled...

South Korea central bank pushes for stablecoin regulation

Business

Wahid Pessarlay

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11 December, 2022

South Korea central bank pushes for stablecoin regulation

Bank of Korea stated that stablecoins pegged to foreign currencies have to comply with the foreign exchange laws of South...

Where do blockchain and ‘crypto’ go from here?

Editorial

Patrick Thompson

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5 December, 2022

Where do blockchain and ‘crypto’ go from here?

The blockchain industry is now working with a blank slate, and participants are aware that some of the most popular...

Terra co-founder Daniel Shin faces fresh fraud charges

Business

Wahid Pessarlay

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1 December, 2022

Terra co-founder Daniel Shin faces fresh fraud charges

Daniel Shin allegedly ignored warnings from the Financial Supervisory Service and continued telling investors that Terra's stablecoin would debut on...

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