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.
In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup.
Despite experiencing a steep 15% drop in just four days, several indicators suggest that investor confidence in SOL remains intact.
Validators found to be facilitating sandwich attacks face stiff penalties.
Stablecoin was available on Ethereum. The move signifies PayPal's strategic push to leverage Solana's advanced blockchain capabilities.