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The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches Investigation of Terraform Labs and UST The U.S. SEC is investigating Terraform Labs and its algorithmic stablecoin terrausd (UST), … Read more
Downside pressure for Terraform Labs’ LUNA2 mounts amid investigations and rumors from a “Terra insider.” Go to Source Powered by WPeMatico
South Korean authorities are currently investigating Terraform Labs and its employees on several charges including tax evasion and market manipulation. Go to Source Powered by WPeMatico
Liquid staking firms could default on their Ether obligations if “the Merge” does not happen. Go to Source Powered by WPeMatico
Mr. B alleges that the platform was designed to only offer an interest rate of 3.6%, but that changed at the last minute. Go to Source Powered by WPeMatico
The new LUNA records gains amidst controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on recession, depression, and looming civil unrest. To top it all off, Bank of America’s CEO said “we have hundreds of patents on blockchain” but that regulations are blocking the institution from engaging in crypto. This is … Read more
South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities. Go to Source Powered by WPeMatico
Top DeFi tokens broke out of the month-long bearish pressure to trade in the green and the total value locked in DeFi protocols saw a minor recovery amid continuous price volatility. Go to Source Powered by WPeMatico
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse. Go to Source Powered by WPeMatico
ETH price is meeting strong resistance at the $2,000 level and these trading metrics explain why. Go to Source Powered by WPeMatico
