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 settlement agreement, if accepted by a judge, would also ban Kwon and Terraform Labs from buying or selling all crypto asset securities.
The government of El Salvador has announced plans bkn cryptoto launch a decentralized finance (DeFi) platform, in partnership with a local bank and a fintech co
The US SEC petitioned Terraforms Labs, Do Kwon to pay $5.3 billion in disgorgement and civil penalties following a federal jury verdict.
The CEO of Cantor Fitzgerald, custodian of stablecoin Tether, said stablecoins are good for the U.S. dollar