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Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS

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Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg

Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS

Read More
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors

Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors

Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators.

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Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit

Tom Brady, Gisele Bündchen, Kevin O’Leary, and 9 Other Celebrities Named in FTX-Related Class-Action Lawsuit

Former FTX CEO Sam Bankman-Fried (SBF) and a number of celebrities including Tom Brady, Gisele Bündchen, Stephen Curry, and Shaquille O’Neal have been named in a class-action lawsuit involving the alleged engagement in deceptive practices

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XRP Trading Volume Surpasses Its $18 Billion Market Cap, What’s Cause of Anomaly?

XRP Trading Volume Surpasses Its $18 Billion Market Cap, What’s Cause of Anomaly?

Here's what tens of billions in XRP trading volumes are hiding XRP has seen unusual trading volume, which is 33% higher than the current market capitalization of the cryptocurrency. The trading volume in the last

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Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations

Report: Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations

Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive officer Derar Islim said that the company’s trading and custody

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Arthur Hayes Is Ready to Buy Bitcoin at $10,000

Arthur Hayes Is Ready to Buy Bitcoin at $10,000

Arthur Hayes believes that price of Bitcoin, leading cryptocurrency, could potentially plunge to to $10,000 In a recent tweet, Arthur Hayes, former CEO of BitMEX Told that he was willing to buy Bitcoin at the

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Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days

Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days

Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22

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Shiba Eternity Sets New Milestone After Attracting Players Worldwide: Details

Shiba Eternity Sets New Milestone After Attracting Players Worldwide: Details

Shiba Eternity continues to attract players from all over globe On October 6, the Shiba Eternity game was launched worldwide on Android and iOS platforms. Shortly after its release, the game quickly rose to the

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SBF Says He Wants to Raise Liquidity and Restart Business, Here’s What’s Happening

SBF Says He Wants to Raise Liquidity and Restart Business, Here’s What’s Happening

Founder of now-bankrupt exchange wants to start things from scratch, here's how community reacted Sam Bankman-Fried, who co-founded major exchange FTX which he recently declared bankruptcy, has taken to Twitter to tell the community that

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