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Terra
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized"...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...
South Korea aims to invalidate Terra founder Do Kwon’s passport: report
Prosecutors in South Korea filed a request with the Foreign Ministry to invalidate the passport of Kwon and four others...
South Korea: Digital assets can be subjected to securities law
Financial Supervisory Service Governor Lee Bok-hyun argued that caution should be exercised in passing judgments on whether or not a...
Do Kwon: South Korea issues arrest warrant for Terra founder
The warrant from the Supreme Prosecutors Office was issued for five others who worked at Terra, with South Korean authorities...
Hodlnaut trims workforce by 80% as it attempts to resolve financial woes
Embattled digital currency lender Hodlnaut laid off 80% of its workforce amid its current financial plight brought about by the...
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