Key Takeaways: Kwon clears claims made against him regarding the downfall of Luna. He provides an explanation for him not accepting a share from the company’s tokens. After the Luna debacle, the founder of Terra, Do Kwon, has been facing…
Key Takeaways: The value of Gym Network drops after integrating new codes. The team is trying to come up with a recovery plan. The Gym network that promises a “perfect workout for your tokens” has suffered a huge loss after…
Key Takeaways: The Wintermute exploiter still holds 19 million OP tokens. The exploit happened because of an internal error at Wintermute. The crypto ecosystem has seen all kinds of hacks and scams. However, the Wintermute exploit was one of a…
Key Takeaways: Customers of Stakehound have lost almost $71 million according to the current prices of ETH in the Stakehound debacle. Celsius Network was also involved in the incident. Scams and rug pull are common in the crypto ecosystem. However,…
Key Takeaways: Charges of money laundering are being raised against Do Kwon. The SEC has carried out a video survey against the founder. Since the downfall of Terra Luna, its founder, Do Kwon has been facing several allegations from the…
Key Takeaways: VeChain becomes the Official Layer 1 Blockchain Partner of UFC. The partnership will help gain both companies colossal visibility. The crypto ecosystem is evolving every moment, and other industries are willing to explore the benefits of the world…
Key Takeaways: USDT will soon be available on Tezos’s platform. Tether is attempting to boost the application of USDT in the market. Amidst extreme market volatility, the value of USDT has been fluctuating recently, and it de-pegged as well. However,…
Key Takeaways: The value of the stablecoins, USDT and USDC, falls by a significant amount. The Oasis network TVL has also been plummeting since June 4. Earlier in May, UST lost its peg twice, and its value dropped by 56%…
Key Takeaways Embezzlement related to Luna’s downfall got revealed recently. Allegations against Do Kwon have also been raised. The South Korean authorities have been monitoring the crypto market in the country since Luna’s downfall. Similarly, the police are also investigating…
Key Takeaways: Gemini has been accused of misleading its customers with heightened promises about providing better protection. IRA has mocked Gemini of failing to detect a massive hack on time. Security related to digital assets is a matter of major…
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