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Terra

24 September, 2022

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

Business

Jon Southurst

21 September, 2022

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

Business

Steve Kaaru

20 September, 2022

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

Business

Wahid Pessarlay

19 September, 2022

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

Business

Steve Kaaru

15 September, 2022

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

Business

Wahid Pessarlay

22 August, 2022

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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Patrick Thompson

15 Nov 2024

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