Vauld gets permission for board restructuring from the court
Singapore-based crypto exchange has been ongoing bankruptcy proceedings since August 2022.
Singapore-based crypto exchange has been ongoing bankruptcy proceedings since August 2022.
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin.
The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.
Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes.
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research.
Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.
Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithm stablecoin in 2022.
Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months.
The Terra Allies senior engineering full stack team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as LUNC holders.