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Do Kwon
Terraform Labs Loses US Appeal Over SEC Subpoena
The court found that the SEC followed its own rules on serving subpoenas.
Terraform Labs Probed for Alleged Bitcoin Embezzlement Following UST Collapse: Report
South Korean authorities are investigating, saying the implosion affected about 280,000 citizens.
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
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.
Nansen Research Debunks Single 'Attacker' Myth in Terra's Collapse
The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it.
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."
Hashed Wallet Takes $3.5B Hit, Delphi Digital Discloses Loss After Terra's LUNA Collapse
Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.
Let Terra Die
Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.
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.”