Stablecoin dominance slides as market cap falls to near 2-year lows: CCData
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization.
After 16 consecutive months of decline, the stablecoin market dominance has fallen to 10.3% of the total crypto market capitalization.
Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić.
The former blockchain executive is wanted by Interpol for his role in the $40-billion collapse of the Terra ecosystem in May 2022.
Terra Luna's former co-founder, Do Kwon, who lost $11 million in the bet, is currently wanted by Interpol and is reportedly hiding in Serbia.
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Singapore, where Terra co-founder Do Kwon is currently staying, does not have an extradition treaty with South Korea.
The protocol's TVL has plunged from around $200 million in September 2021 to less than $125K.
The firm's book-making took a huge hit after being exposed to the TerraUSD collapse.