Terraform Labs to end operations, Terra community will take over
Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
C2FO and Ripple Bring Instant-Pay Settlement Plans to XRP Ledger
TL;DR: C2FO and Ripple say their Instant Pay initiative will use the XRP Ledger and RLUSD to settle financing associated with appr...
Arc Surges $1 Billion in USDC Circulating Supply
Key Takeaways: Circle’s Arc blockchain has amassed over $1 billion worth of USDC about 6 weeks after its launch. Arc’s stablecoin...
Kraken Gets In-Principle Approval for Kazakhstan Crypto Operations
TL;DR: Kraken parent Payward announced on October 21 that it had received in-principle approval from the Astana Financial Services...
Ripple Partners With Robinhood to Bring $2.4B RLUSD to 28.6M Customers
Key Takeaways: RLUSD, treasury management and institutional trading come together in Ripple and Robinhood partnership. RLUSD appea...
Coinbase Ireland Hit With €3.25 Million Regulatory Penalty
TL;DR: The Central Bank of Ireland announced on October 22 that it had fined Coinbase Ireland Limited €3,252,618 for breaches of s...
Bitmine Says ETH Treasury Exceeds Six Million Coins
TL;DR: Bitmine Immersion Technologies filed an October 26 update with the SEC and said its Ethereum holdings had reached approxima...