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Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
Sales of LUNA and MIR to institutional investors totaled $65.2 million and $4.3 million, respectively, sales of LUNA and UST…
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DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
“TradFi has very little interest in moving to DeFi, to be frank, just because they have such an unfair advantage…
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Aptos Labs Strikes DeFi Partnership With Microsoft, Brevan Howard, SK Telecom
“In collaboration with SKT, Brevan Howard and Microsoft, Aptos Ascend will provide the world’s financial institutions, banks, and tech-forward money…
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Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.…
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USDe Holders Should Monitor Ethena Labs’ Reserve Fund to Avoid Risk, CryptoQuant Warns
Ethena Labs, the firm behind the USDe stablecoin, currently offers an annual yield of 17.2%, a rolling average over the…
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Usual Labs Raises $7M Round From Kraken Ventures and IOSG Ventures to Launch USD0 Stablecoin
The French company raised money from more than a hundred firms, including two leading co-investors, IOSG Ventures and Kraken Ventures.…
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Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise
Unlike asset-backed stablecoins like tether (USDT) and USDC, whose value is secured against dollars or dollar-equivalents such as U.S. government…
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New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case: Reports
Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of…
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Jury Begins Deliberations in U.S. Civil Fraud Case Against Do Kwon, Terraform Labs
During her closing arguments on Friday, SEC attorney Laura Meehan told the jury that during a prior de-peg in May…
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Ethena Labs’ New ENA Token Rallies Overnight
Bitcoin’s (BTC) steep rally has recently lost impetus. Still, the supply of stablecoins or dollar-pegged cryptocurrencies, often considered a powder…
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