Sen. Pat Toomey (R-Pa.), the ranking Republican in the U.S. Senate Banking Committee, is looking to make his stablecoin oversight bill a bipartisan effort by speaking with Democ...
Su Zhu, co-founder of Three Arrows Capital (3AC) admitted he and his team had close ties with Terra co-founder Do Kwon, which made them overlook red flags that eventually led to...
Seven cryptocurrency exchanges in South Korea have been raided by prosecutors seeking any information regarding the Terraform Labs collapse, according to a Yonhap News Agency re...
According to Crunchbase, investments in crypto companies have slowed this year, from $12.5 Billion in 2021 to $9.3 billion for H1 2022. However, the deal flow (the rate at which...
The Monetary Authority of Singapore (MAS) “reprimands” Three Arrows Capital (3AC) for providing false information and exceeding the limit for assets under management, according ...
Genesis Trading is the latest crypto firm to announce they have liquidated funds from a “large counterparty” amid increasing panic and volatility in the market, via a series of ...
Cryptocurrency-focused hedge fund Three Arrows Capital (3AC) has hired legal and financial advisors to potentially rescue them amid their heavy losses from a broad market sellof...
The UK’s Treasury published a consultation paper where it outlined a number of ways to reduce the risk of investors holding stablecoins, after the catastrophic stablecoin collap...
Recently, the Terra cryptocurrency experienced a death spiral that caused the UST stablecoin to drop from $1 to $0.05, and the LUNA coin to drop literally 100%. In an effort to ...
South Korean Financial Authorities and the government are looking to introduce legal measures and more calculated supervision on crypto exchanges in wake of Terra’s collapse, ac...
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