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Do Kwon
UST’s Do Kwon on Earlier Failed Stablecoin Basis Cash
“The Hash” hosts discuss Terraform Labs founder Do Kwon breaking his silence in a new NFTV series produced by Coinage. Kwon’s comments include confirming that he was the pseudonymous “Rick Sanchez” of the Basis Cash project, a story that CoinDesk reported on back in May.
Do Kwon Breaks His Silence on Terra Implosion
Terraform Labs founder Do Kwon finally breaks his silence after the $60B implosion of the Terra ecosystem that shook the crypto industry. Trustless Media co-founder Zack Guzman, who flew to Singapore to capture the exclusive for the new "NFTV" show Coinage, shares his insights about the interview, along with building a Web3 media company.
Do Kwon Loses Appeal; India’s Crypto Pirate Warning
Do Kwon, Terra lose in court against US SEC.India’s chief economic advisor compares crypto to world of Caribbean pirates.Circle’s head of policy calls CBDCs a ‘preposterous idea’. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
UST’s Design Flaws and Red Flags
In this “Community Crypto” clip, CoinDesk’s Nikhilesh De and Sam Kessler discuss the design flaws of Terra’s algorithmic stablecoin UST as its depeg from the U.S. dollar continues to have ripple effects across the crypto industry. What were the red flags? Plus, Do Kwon’s earlier failed stablecoin project, Basis Cash.
Do Kwon’s Taxing Questions; China’s Underground Mining
Terra’s Do Kwon answers back on office closures and tax payments. Tether (USDT) market cap has dropped by $10B since UST collapse. Sources say crypto miners have gone underground in China amid ban. Wine and liquor NFT platform looks to open up the industry. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
China’s Mining Re-Emergence; Terra Community Wants Answers
Study shows China accounts for 21% of Bitcoin mining hashrate despite ban. Indian financial watchdog warns against celebrity crypto endorsement. Do Kwon’s lack of answers frustrates Terra’s UST and LUNA investors. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.
Terra Halts Network; Do Kwon Security Concerns
Terra shuts down indefinitely with luna (LUNA) and TerraUSD (UST) left on life support. Wife of Terraform Labs Founder Do Kwon requests police protection. Tether stabilizes after burning three billion tokens amid redemptions. ETF Securities optimistic on the future of crypto ETFs in Australia.
Meet the Terra Skeptic Who Predicted UST’s Turmoil
Kevin Zhou, founder of crypto-quant hedge fund Galois Capital and a noted skeptic of Do Kwon and the Terra community, dissects what he got right about UST stablecoin months before its collapse: What were the red flags? What’s keeping it alive? Could it restore its $1 peg?