Ethereum co-founder Vitalik Buterin has warned that today’s decentralized stablecoins still fail in ways most users don’t ...
Vitalik says Ethereum’s independence depends on better decentralized stablecoins, citing risks from USD pegs, oracles, and staking yields ...
Ethereum co-founder Vitalik Buterin has renewed his critique of the stablecoin landscape, arguing that the ecosystem still ...
The Terra ecosystem’s collapse in May 2022 is one of the most shocking occurrences in cryptocurrency history. It wiped out around $45 billion in market capitalisation in just a few days and set off a ...
The administrator overseeing the wind-down of Do Kwon’s Terraform Labs has filed a lawsuit against Jump Trading, alleging the Chicago-based firm illegally profited from — and helped to accelerate — ...
The administrator winding down what remains of Terraform Labs is seeking $4 billion in damages. ANZ Handed Record Penalty for Misconduct, Risk Failures The Australian bank will pay the largest ...
Do Kwon, the South Korean tech entrepreneur who founded the crypto company Terraform Labs, has been sentenced to 15 years in prison. But it turns out that one jail sentence may not be enough for him.
Video-sharing giant YouTube has reportedly enabled US-based creators to accept payouts in PayPal’s stablecoin, PYUSD. Fortune reported on Thursday that PayPal’s ...
Do Kwon, the disgraced founder of Terraform Labs, has reportedly been sentenced to serve 15 years in prison for his alleged role in the spectacular collapse of the Luna tokens, a catastrophic incident ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Kwon pleaded guilty in August to conspiracy to defraud and ...
Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be a fraud. Victims said the 34-year-old financial ...
A New York judge has sentenced former crypto executive Do Kwon to 15 years in prison for what prosecutors called one of the most damaging financial frauds in modern history. Trump plans to break up EU ...