Bitcoin24h $64,264.98+2.11%

Ethereum24h $1,786.39+1.77%

BNB24h $576.35+0.68%

XRP24h $1.11+1.47%

Solana24h $79.32+1.37%

TRON24h $0.3306-0.17%

Hyperliquid24h $68.77+0.66%

Dogecoin24h $0.0743+1.87%

UNUS SED LEO24h $9.56+0.65%

Zcash24h $500.35+6.68%

Do Kwon says money isn’t his thing amid claims he pocketed $3B in crypto

The UST co-founder was accused of siphoning off $2.7 billion in 33 monthly withdrawals of $80 million each.

OPINION: Time to learn from Luna’s crash before building anew

We should reflect on Luna’s crash and its impacts on crypto before we start building — or ‘buidling’ — again, says Cas Piancey.

Tether is usually extremely tight-lipped about where it keeps its assets, but it appears the company holds some funds in the tiny Capital Union bank.

Tether CTO Paolo Ardoino says existing regulations mean the company does not need to release full disclosure of its assets.

In April the UK chancellor announced plans to recognize stablecoins. Terra’s recent collapse will give regulators food for thought.