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CATEGORY: terra collapse

Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million
Author: Cointelegraph by Vince Quill
United States
Source: Cointelegraph.com News
Dec 22, 2024 12:00

Jump Crypto subsidiary Tai Mo Shan settles with SEC for $123 million

The ensuing fallout from the Terra ecosystem collapse eventually caused Terraform Labs to shut down following a settlement with the SEC.

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Binance clarifies BFUSD isnt a stablecoin as X gets Terra flashbacks
Author: Cointelegraph by Tom Mitchelhill
United States
Source: Cointelegraph.com News
Nov 20, 2024 12:00

Binance clarifies BFUSD isnt a stablecoin as X gets Terra flashbacks

Binance clarified its forthcoming BFUSD asset is not a stablecoin after crypto users showed concerns over its promise of high yields.

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