Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research.
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research.
Original source
Read on CointelegraphRelated market context
Arc unveils AMP protocol to enhance trade order fairness for app developers
AMP's introduction could democratize transaction processing, reducing power imbalances and enhancing fairness in blockchain ecosys...
Ethena Labs allocates $250M to Securitize’s tokenized AAA CLO fund
Ethena Labs' investment in tokenized CLOs could revolutionize DeFi by offering institutional-grade credit access and diversifying...
Kraken named to FXC Intelligence’s 2026 Cross-Border Payments 100
TL;DR Payward and Kraken have been named to FXC Intelligence’s 2026 Cross-Border Payments 100, the eighth annual market list of th...
FIFA transforms Mexico City’s Zócalo into Fan Fest for 2026 World Cup as Kraken signs on as crypto sponsor
The transformation of Zcalo into a Fan Fest highlights the growing intersection of sports, culture, and crypto, impacting global f...
MassPay integrates Coinbase payments for instant USDC cross-border payouts
MassPay's integration of Coinbase for USDC payouts enhances cross-border transaction efficiency, potentially boosting stablecoin a...
Ripple and Bitso launch peso-backed stablecoin on XRP Ledger for cross-border payments
Ripple and Bitso's stablecoin launch could streamline US-Mexico remittances, enhancing financial inclusion and compliance in cross...