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Author: Zoe Mende

Terraform Labs and Founder Do Kwon Found Liable for $40 Billion Fraud

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A Manhattan jury has found Singapore-based Terraform Labs and its founder, Do Kwon, liable for civil fraud charges related to their stablecoin, TerraUSD. The Securities and Exchange Commission (SEC) accused Terraform Labs and Kwon of misleading investors about the stability of TerraUSD and falsely claiming that Terraform’s blockchain was used in a popular Korean mobile payment app. The collapse of TerraUSD in 2022 resulted in investors...

Cryptocurrencies, Front page

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Crypto Market Update: April 1, 2024

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Overview The crypto market is buzzing with activity today, as investors and enthusiasts closely monitor the latest developments. From Bitcoin’s price fluctuations to emerging narratives, let’s dive into the key highlights shaping the decentralized finance landscape. Bitcoin and Ethereum News Bitcoin (BTC): The flagship cryptocurrency continues to dominate the market, with a current price of $78,500. Despite recent volatility, BTC...

Bitcoin, Blockchain, Cryptocurrencies, Ethereum, News

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Crypto Market Set for Takeoff? Analyst Predicts $1 Trillion Influx

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Summary: Matt Hougan, CIO of Bitwise Asset Management, predicts a massive influx of capital into the cryptocurrency market. He estimates $1 trillion could enter the space, dwarfing the current $12 billion invested through ETFs. This bullish forecast suggests growing institutional interest and potential mainstream adoption of cryptocurrencies. Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, a leading...

Cryptocurrencies, ETF, Front page, News

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Crypto Market Erupts After G20 Surprise: Bitcoin Soars, DeFi Heats Up

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The market is erupting in a frenzy today, March 20, 2024, following a surprise announcement from the G20 Summit in Jakarta. In a historic move, G20 nations have pledged to collaborate on developing a clear and consistent framework for crypto regulation. This news has sent shockwaves through the ecosystem, with Bitcoin surging and DeFi projects rallying. G20 Announces Collaborative Crypto Regulation: The biggest story of the day, and...

Bitcoin, Blockchain, Cryptocurrencies, DeFi

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Crypto Market on Edge as G20 Summit Looms

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The crypto market is experiencing a tense calm today, March 19, 2024. Bitcoin is hovering around $68,000, with investors taking a cautious approach as the G20 Summit in Jakarta kicks off. The potential for regulatory clarity, or lack thereof, is keeping everyone on edge. While some analysts believe clear regulations could usher in a new era of stability and mainstream adoption, others worry about stifling innovation. Layer 1s Cool Down,...

Bitcoin, Blockchain, Cryptocurrencies, DeFi, Memecoins

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