Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
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Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
The funds looted from the Orbit Chain heist on New Year's Eve in December 2023 have remained dormant since the exploit.
Several Trump-themed memecoins plummeted after news of the ex-president's conviction in the hush money case, but some Trump tokens did survive the beating and skyrocketed instead.
IBIT is now the world's largest crypto ETF after it surpassed Grayscale's GBTC, and some in the industry believe BlackRock's spot Bitcoin ETF will continue to reign supreme in the coming years.
MtGox has moved billions worth of Bitcoin some five months before it is due to repay customers who lost their BTC stash in the lead-up to the crypto exchange's shocking collapse.