#UST News
New Legislation Introduced to Regulate Stablecoin Market
tftc.io U.S. Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) announced the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17. The bill, which has…
Ethena USDe Shakes Up Stablecoin Market with $2 Billion Surge, Fate of USDT & USDC In Danger
coinpedia.org The post Ethena USDe Shakes Up Stablecoin Market with $2 Billion Surge, Fate of USDT & USDC In Danger appeared first on Coinpedia Fintech News A newcomer has swiftly risen…
CryptoQuant Reveals Two Key Metrics to Predict Ethena USDe’s Future
beincrypto.com Ethena’s USDe, a synthetic US dollar protocol on Ethereum, has quickly gained traction with a market cap exceeding $2 billion. Unlike traditional stablecoins, USDe is not…
What Do Investors See in Ethena? on Bankless
bankless.com Ethena Labs deposits into its synthetic dollar stablecoin to the public on February 19, injecting itself into the mind space of practically everyone on Crypto Twitter in the…
The real risks to Ethena’s stablecoin model (are not the ones you think)
cointelegraph.com Ethena may not be as risky as Terraform Labs’ disastrous UST… but it’s not risk-free either. Here’s what you need to keep an eye on.
How to Leverage Business Awards to Foster Innovation, Build Your Brand and Retain Top Talent
entrepreneur.com Awards validate a company's efforts in innovation and corporate responsibility but also enhance its reputation, attract talent and open doors to new partnerships and…
The Legal System Closing In On Cryptocurrencies
latimes.com Crypto fraudster Sam Bankman-Fried is screened in a New York courtroom as he prepared to face charges related to the collapse of his FTX crypto exchange. He was sentenced to…
SBF Appeals Jail Term, as Do Kwon Awaits His Fate
observers.com Sam Bankman-Fried, already given 25 years' jail time for fraud following the dramatic collapse of FTX, is now both his conviction and sentence. Judge Lewis Kaplan had seemed…
TerraForm Labs Founder Do Kwon's Extradition Cleared by Court Again, Here’s The Most Likely Destination
dailycoin.com TerraForm Labs founder Do Kwon has once again been approved for extradition. • Montenegro’s Minister of Justice will make the final decision on the destination. • The…
Do Kwon’s Fate Hangs in Limbo, Signs Point to US Extradition
cryptopotato.com Terraform Labs co-founder Do Kwon has faced a new legal setback after Montenegro’s Supreme Court once again approved the extradition. With this decision, the previous…
Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud
thedefiant.io The United States Southern District of New York jury found Terraform Labs and its co-founder Do Kwon misled investors, acted recklessly, and are liable for civil fraud. The…
DeFi Projects Clash After MakerDAO Adds Ethena’s USDe As Collateral
thedefiant.io Nostra Finance is pausing new borrowing and lending of DAI, while a similar proposal has been floated in Aave’s governance forum. DeFi projects are up in arms with MakerDAO…
Ethena Labs Divides Opinion as High Yield Stirs Memories of Terra
coindesk.com People who stake USDe for a minimum of seven days currently earn an annualized yield of about 37%, high enough to spur total value locked (TVL) on the protocol to $2.3…
Crypto Heavyweights Torn Over Ethena’s New Stablecoin
thedefiant.io Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm. Ethena Labs launched its USDe synthetic dollar on Feb. 21, causing a stir among analysts for its double-digit…
Montenegro court clears Do Kwon’s extradition, fate in justice minister’s hands
cryptoslate.com According to South Korean local media outlet YNA, a Montenegro court has again approved the extradition of the embattled Terraform Labs co-founder Do Kwon. This development…
What rate move will it take for S&P 500 to break?
investing.com On Wednesday, the latest CPI data came in hotter-than-expected, pushing the lower. Following the data, analysts at Citi questioned what interest rate move it would take for…
Crypto Flatcoin Pioneer Ampleforth Surged 1,280% In 7 Months. Here’s Why
forbes.com the rebasing cryptocurrency whose ecosystem also includes SPOT, an experimental flatcoin, has surged in value by more than 1,200% over the past seven months. With a market…
Stablecoins Are Beneficial to U.S. Economy, Tether's Custodian Says
coindesk.com One of the long-running debates in the crypto market is whether U.S. dollar stablecoins – cryptocurrencies whose value is pegged to the currency – strengthen the greenback's…
Best Crypto to Buy Now April 10
cryptonews.com pumps back above $70,000 on falling GBTC outflows and in spite of hotter-than-expected US inflation figures, traders are scouring altcoin markets as they hunt for the best…
Ethena Labs Announces Airdrop Date of Native Token ENA
thedefiant.io Starting April 2, 750 million ENA or 5% of the total supply, will get airdropped. Synthetic stablecoin startup Ethena Labs has announced it is one step closer to the holy…
Do You Own These? 3 Cryptos That Are Never Coming Back!
investorplace.com These projects are good as done and are some of the cryptocurrencies to avoid. Cryptocurrencies crash, burn or fizzle out all the time. According to CoinGecko, more than 50%…
Best Crypto to Buy Now April 9
cryptonews.com As major cryptocurrencies pull sharply lower on Tuesday, with Bitcoin (BTC) and Ether (ETH) both down in the region of 4% in the past 24 hours, traders are looking for the…
Renowned Crypto Trader GCR Acquires DogWifHat NFT for $4 Million
thedefiant.io The NFT was initially listed for 0.15 ETH ($500). The original picture that inspired the WIF memecoin was auctioned off as a non-fungible token (NFT) and sold for millions.…
Yields To Stay Elevated As Inflation Emboldens Short Bond Trade
zerohedge.com Yields To Stay Elevated As Inflation Emboldens Short Bond Trade Authored by Simon White, Bloomberg macro strategist, Rising inflation is likely to push more traders to go…
ENA Surges 20% to New All-Time High as Ethena Rolls Out Reward Boosts
unchainedcrypto.com Ethena’s governance token ENA surged as much as 20% to a new all-time high, from $1.10 to $1.35, on Monday morning following an announcement by Ethena Labs that ENA holders…
Arthur Hayes Offloads 237K GMX After 2 Years, Here’s His Profit: Data
cryptopotato.com Arthur Hayes, founder and former CEO of the crypto exchange BitMEX, has unstaked and offloaded more than 237,000 GMX, the native tokens of perpetual crypto futures…
Tether & Litecoin Investors Swarm to Goldmine Fezoo Presale Anticipating a Major Trading Shift in April: 10X Predicted By Experts
coinpedia.org The post Tether & Litecoin Investors Swarm to Goldmine Fezoo Presale Anticipating a Major Trading Shift in April: 10X Predicted By Experts appeared first on Coinpedia…
Terraform Labs Contests SEC Victory in Fraud Case
coingape.com On April 5, a jury in Manhattan gave a civil verdict for Terraform Labs and its co-founder Do Kwon to defraud clients. The allegations were brought up by the US Securities…
Terraform Labs Fights Back: SEC’s Charges Spark Legal Showdown
beincrypto.com On April 5, a Manhattan jury found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the US Securities and Exchange Commission (SEC).…
Terraform Labs and Co-Founder Do Kwon Found Guilty of Fraud in SEC Case
cryptonews.com Terraform Labs and its co-founder, Do Kwon, have been found guilty of fraud in a civil case brought against them by the United States Securities and Exchange Commission…
US Jury Finds Do Kwon, Terraform Labs Liable For Fraud In SEC Trial
bitcoinist.com According to a Friday report by Bloomberg, a United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem…
SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report
cryptopotato.com Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against the fallen former crypto mogul in a legal…
Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud
wired.com A federal jury in New York has found South Korean crypto magnate Do Kwon—and his company Terraform Labs—liable for defrauding investors who collectively sank billions of…
U.S court finds Terraform Labs guilty of defrauding crypto investors
entrepreneur.com A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities. In a post published by the…
Do Kwon Extradition Case Sent Back To Lower Court In Montenegro
cryptonews.com A legal ruling regarding the fate of crypto mogul Do Kwon’s extradition from Montenegro was returned to a lower court on April 5. Montenegro’s Supreme Court said it had…
Google Might Start Charging For AI-Enhanced Search Features
entrepreneur.com We had access to the core Google AI search experience, which is currently being tried in beta for select users. Here's what we found. Google is looking into a variety of…
Terraform Labs and Co-Founder Do Kwon Convicted of Defrauding Investors
pymnts.com A jury in a U.S. District Court has found Terraform Labs and its co-founder, Do Kwon, liable for defrauding investors in crypto asset securities. The court found earlier…
Terraform Labs and Do Kwon Found Liable for Fraud in SEC Trial
coinage.media Terra founder Do Kwon and the company were found liable for fraud after a two-week trial. Terraform Labs and its co-founder, Do Kwon, were found liable for securities fraud…
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
coindesk.com NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New…
Just a moment..
blockworks.co A jury found Terraform Labs and its former CEO, Do Kwon, liable for fraud on Friday. The decision came a few hours after both the defense and the lawyers representing the…
Breaking: Do Kwon Found Liable For Fraud In SEC-Incited Lawsuit
coingape.com Terraform Labs co-founder Do Kwon has been found liable for fraud in a United States government lawsuit over the collapse of the firm in 2022. SEC Sues For Liability Charges…
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
coindesk.com NEW YORK – A Manhattan jury has found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the U.S. Securities and Exchange Commission (SEC)…
Do Kwon And Terraform Labs Found Liable For Fraud In SEC Trial
watcher.guru Terraform Labs and its co-founder Do Kwon have been found liable for fraud in their ongoing SEC trial, according to Bloomberg. The SEC accuses the defendants of misleading…
Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions
coinspeaker.com Coinspeaker Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions The climactic finale awaits in the civil fraud courtroom drama involving…
Experts worry Ethena’s Bitcoin-backing strategy for USDe could bring ‘contagion risks’
cryptoslate.com CryptoQuant CEO Ki Young Ju has voiced concerns about Ethena’s recent decision to incorporate Bitcoin as a backing asset for its USDe synthetic dollar. On April 4, Ethena…
Jeffrey Gundlach: The Investment Guru Who Never Owned Bitcoin
bitcoinnews.com While Jeffrey Gundlach insights wield significant influence in the fixed-income space, his skepticism towards Bitcoin might leave some wondering if he’s stuck in the past.…
Terra Do Kwon Vs SEC: Defense To Give Final Arguments to Jury As Fraud Trial Ends
coingape.com The U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and co-founder Do Kwon approaching the end of the jury trial. Defense attorneys from…
Can Ethena Backing USDe With Bitcoin Crash Market Like Terra-LUNA?
coingape.com Ethena Labs announced to back its USDe synthetic dollar with Bitcoin and some crypto experts have raised red flags on the move as it may crash the crypto market. Among these…
What the Coinbase dismissal denial says about staking and securities
blockworks.co Coinbase notched a partial win — and a partial loss — in a judgment from Judge Katherine Polk Failla in the Securities and Exchange Commission’s case against the crypto…
Ethena’s TVL Surges to $2 Billion, Will Success Outweigh Sustainability Concerns?
beincrypto.com the project behind the synthetic dollar stablecoin USDe, has catapulted its total value locked (TVL) beyond the $2 billion mark. This significant growth spurt comes amidst a…
As Ethena’s USDe Quickly Reaches $2 Billion in Market Cap, Some Wonder If It’s as Risky as Terra’s UST
unchainedcrypto.com Ethena’s USDe, a cryptocurrency intended to stay pegged to the U.S. dollar, has achieved phenomenal growth since first being introduced in February, primarily because of the…
Crypto Heavyweights Debate Ethena’s New Stablecoin
thedefiant.io Yearn’s Andre Cronje is the latest DeFi OG to sound the alarm. Ethena Labs launched its USDe synthetic dollar on Feb. 21, causing a stir among analysts for its double-digit…
Fantom founder Andre Cronje speaks out on negative funding rates and unbacked assets
cryptobriefing.com Andre Cronje, the creator of the Fantom blockchain, has expressed concerns about the potential risks associated with non-collateralized stablecoins and their claimed high…
Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin
coinspeaker.com Coinspeaker Ripple Announces Plan to Launch a Multichain USD-backed Stablecoin Ripple Labs, a veteran blockchain-based cross-border payment company, has announced that it…
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
cryptonews.com The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized…
Google set to charge for internet searches with AI, reports say
theguardian.com Google is reportedly drawing up plans to charge for AI-enhanced search features, in what would be the biggest shake up to the company’s revenue model in its history. The…