Tron’s stable coin ‘USDD’ loses its peg
The founder team of Tron deployed more capital as its stablecoin USDD deviated from the $1 peg
Tag terra
Terraform Labs CEO Do Kwon hiding in Serbia, says South Korea
South Korea's Ministry of Finance "is in the process of requesting cooperation from the Serbian government"
South Korean authorities freeze Terra’s co-founder Daniel Shin’s $104 million
Shin is accused of allegedly making unfair profits from issuing in-house tokens LUNA and TerraUSD and also faces charges of breach of duty.
Interpol Issues Red Notice for Terraforms Labs Founder Do Kwon, South Korea says
Kwon is facing charges related to the $60 billion wipeout of cryptocurrencies he created.
Terra Co-Founder Do Kwon Receives an Arrest Warrant
Key Takeaways: Do Kwon, the creator of the Terraform Labs cryptocurrency ecosystem is the subject of an arrest warrant issued by a court in South Korea. Do Kwon and five other people are wanted by a Seoul court on suspicion…
Out of 132 Stablecoins, Only 50 are Currently Pegged
Key Takeaways: Significant cryptocurrency volatility has affected stablecoins, traditionally seen as the market’s safe havens, with investors withdrawing funds and several losing their peg to their underlying assets. Another point to think about when considering the stability of a stablecoin…
