Securities and Exchange Commission Chair Gary Gensler continued to raise red flags about the crypto industry, and responded to questions about whether his agency has failed to go after large actors in...
Tag: Terra luna
Luna Foundation Guard postpones compensation efforts, cites ‘ongoing and threatened litigation’
Since the collapse of the TerraUSD, the algorithmic stablecoin that catastrophically lost parity with the U.S. dollar earlier this year, the Luna Foundation Guard (LFG) maintained it would follow thro...
Crypto Entrepreneur Backs Terra Relaunch Amid Skepticism, Says Price Collapse Will Foster Institutional Adoption
Crypto custodian Hex Trust says the recent meltdown of stablecoin TerraUSD (UST) and its sister token Luna will herald more intervention by regulators, paving the way for more asset managers to join t...
Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation
Del Wang, cofounder and CEO of Babel Finance. Babel Finance Babel Finance, a Hong Kong-based crypto lender and asset manager, has secured $80 million from investors including crypto venture firms Drag...
Crypto’s LUNA Catastrophe Threatens Conventional Assets
(Photo Illustration by Avishek Das/SOPA Images) SOPA Images/LightRocket via Getty Images An important cryptocurrency collapsed last week and the fallout is having far-reaching effects on stocks, bonds...
With Russia War On The Brain, Could Congress Levy A Kill Shot To DeFi?
Sen. Elizabeth Warren, D-Mass., talks with Chairman of the Joint Chiefs of Staff Gen. Mark Milley … [+] ahead of the State of the Union address on March 1, 2022, in Washington. (Win McNamee, Poo...
After The Huge Bitcoin, Ethereum And Crypto Price Crash, These Coins Are Suddenly Soaring
Bitcoin and cryptocurrencies have crashed this week, with around $1.5 trillion wiped from the combined cryptocurrency market price since November. Subscribe now to Forbes’ CryptoAsset & Bloc...