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Terraform Labs Administrator Sues Jane Street for Alleged Insider Trading in 2022 Terra Collapse
Todd Snyder, Terraform Labs’ liquidation administrator, filed suit against Jane Street, co-founder Robert Granieri, and employees Bryce Pratt and Michael Huang for alleged insider trading. Claims center on a Jane Street-linked wallet withdrawing 85 million UST from Curve3pool within 10 minutes of Terraform’s unannounced 150 million UST withdrawal on May 7, 2022. The moves allegedly hastened TerraUSD’s loss of peg and the broader $40…
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Aztec Network officially launched its native AZTEC token on Feb. 12, 2026, following a successful $61 million on-chain funding round involving over 17,000 participants. The token debuted on major exchanges including Coinbase, Kraken, Bybit, and KuCoin, but early price action saw double-digit declines from auction highs. The launch marks a transition for the privacy-focused Ethereum L2 from development to an active governance and staking ecosys…
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Aster (ASTER) and Hyperliquid (HYPE) lead decentralized exchange gains with surges up to 10% following a spike in trading volume. Hedera (HBAR) rebounds 6% as Wyoming begins live testing of its state-backed stablecoin, FRNT, on the network. Bitcoin (BTC) remains steady near $68,000, showing a 1% gain while long-term “digital gold” narratives face scrutiny. The cryptocurrency market witnessed a notable divergence on Thursday as several promin…
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BlackRock has integrated its USD Institutional Digital Liquidity Fund (BUIDL) with the UniswapX protocol, enabling on-chain trading for institutional investors.The initiative, launched in collaboration with Securitize, utilizes a request-for-quote (RFQ) system to provide liquidity through whitelisted market makers.BlackRock confirmed a strategic investment in the Uniswap ecosystem, reportedly including the acquisition of UNI governance tokens.Bl…
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Binance Finalizes  Billion SAFU Fund Conversion to Bitcoin
Binance completes final tranche of 4,545 BTC, wrapping up $1B SAFU conversion. SAFU fund now holds 15,000 BTC valued at approximately $1.005 billion. Exchange commits to rebalancing if value falls below $800 million. Binance, the world’s leading cryptocurrency exchange, has successfully finalized the conversion of its $1 billion Secure Asset Fund for Users (SAFU) reserves into Bitcoin. The process concluded with the purchase…
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