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Terra

3AC’s tangled web leaves creditors out missing billions
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20 July, 2022

3AC’s tangled web leaves creditors out missing billions

The bankruptcy of ‘crypto’ hedge fund Three Arrows Capital (3AC) continues to rock the wider digital asset sector, threatening an...
Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
G20 financial watchdog to propose digital asset regulations in October
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15 July, 2022

G20 financial watchdog to propose digital asset regulations in October

The Financial Stability Board has stayed away from the industry but says the recent Terra debacle has made it rethink...
US court freezes Three Arrows Capital assets and approves subpoenas for founders
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14 July, 2022

US court freezes Three Arrows Capital assets and approves subpoenas for founders

The order was made in response to an emergency motion by liquidators, who say that 3AC’s founders—Su Zhu and Kyle...
US, South Korea agree to share investigation data related to Terra collapse
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11 July, 2022

US, South Korea agree to share investigation data related to Terra collapse

South Korea has agreed with the United States to share digital asset crime investigation data and make joint efforts to...
Is it the end of the era? Or just the end of the latest pump cycle?
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6 July, 2022

Is it the end of the era? Or just the end of the latest pump cycle?

Looking around now at the constant stream of insolvencies cropping up in the industry, it is clear that we are...
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