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Shreya Bhattacharya

Shreya Bhattacharya

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Do Kwon Clears Accusations Against Him

Do Kwon Clears Accusations Against Him 

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…

The Fall Of The Gym Network 

The fall of the Gym Network 

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…

Hacker Returns 17 Million Op Tokens

Hacker Returns 17 Million OP Tokens 

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…

Stablecoins Loses Peg Yet Again 

Stablecoins Loses Peg Yet Again 

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%…