DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B
Omkar Godbole / CoinDesk :
A US judge sides with the SEC, ruling that Terraform broke the law by not registering four cryptocurrencies, but dismisses the SEC's security-based swap claims
In this case, the Securities and Exchange Commission ("SEC") … Cristian Lipciuc / CryptoPotato : Terraform Labs Sold Unregistered Securities, Says Judge Jai Hamid / Cryptopolitan : Is the SEC trying t...
Montenegro's Appeals Court rejects a high court's order to extradite Terra founder Do Kwon to the US or South Korea, after Kwon appealed, and orders a retrial
Sandali Handagama / CoinDesk :
South Korean prosecutors find ~$314M in illicit assets associated with Do Kwon and his associates, and say Kwon moved most of the ~$69M linked to him to bitcoin
Kwon cofounded Terra to use blockchain technology to develop a more efficient payment system. Rhodilee Jean Dolor / The Daily Hodl : Do Kwon Converted All Assets in South Korea to Bitcoin (BTC) Shortl...
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value
Takeaways from SEC complaint Cosmos Ecosystem Chat Newsletter : SEC Charges Do Kwon, Mars on Crescent, Turkey Earthquake Aid Proposal - CEC Issue #25 The Block : U.S. investigation into Do Kwon and hi...
The 2022 crypto winter showed that the digital asset ecosystem is more interconnected than many participants realized, despite its core decentralization tenet
As 2021 came to a close, crypto enthusiasts were brimming with optimism. After all, it had been a banner year: Nonfungible tokens, or NFTs, had crossed into the mainstream. Tweets: @emilyjnicolle , @...
A profile of London-based crypto trading firm Wintermute in the aftermath of UST and FTX's implosion and a $160M hack, as revenues dramatically decline in 2022
By deftly navigating crypto's frontier markets and winning big on the collapse of Terra's stable coin, Wintermute has grown …
Emboldened by FTX's collapse, the disgraced founders of Terra, Celsius, and Three Arrows Capital have reemerged, offering their thoughts on SBF, FTX, and more
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BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months
Quick Take — The exploit was accidentally discovered by a Terra community member last week. — It has been confirmed by security analysts BlockSec.
Binance, FTX, Crypto.com, Bitfinex, and other exchanges have pledged support for Do Kwon's Terra 2.0, set to launch on Friday by airdropping tokens
Cryptocurrency exchanges have pledged support to Terra's upcoming relaunch, following the passing of a proposal to launch a new blockchain.