New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
dYdX experiences chain halt during upgrade, engineers are investigating
dYdX has confirmed an outage on its mainnet, with ecosystem engineers currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC with no fix expected for several hours, according to an incident report.
This Week Noteworthy Events(April 8, 2024 - April 14, 2024)
WikiBit has compiled 8 noteworthy events for this week: Anza will release a fix for Solana congestion, and Tensor will unveil the TNSR tokenomics model.
Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
Terraform Labs was ‘built on lies’ — SEC at trial
The civil trial between the U.S. Securities and Exchange Commission and Terraform Labs entered its tenth day without the attendance of Do Kwon.
Ethena: A Tool to Maximize Investor Returns or a "Black Swan" Generator?
Ethena constructs its stablecoin through a "hedging" mechanism, which has garnered significant market attention while also sparking a lot of controversy. How does Ethena operate? And how do industry experts view this protocol?
Degen's Market Cap Exceeds 1.5 Billion, Reviewing the Rise of Degen
Reviewing Degen's development process, let's analyze from four perspectives how it managed to break through a market cap of 1.5 billion US dollars in a short period of time.
MEME Trend is Sweeping In, Can the ERC-50 Standard Ensure the Safety of Participants' Funds?
While meme coins are gaining popularity, there is also a proliferation of fraudulent tokens. By embedding the token sale process into the ERC50 protocol, can it ensure the safety of participants' funds?
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations
Roman Storm, the developer of Tornado Cash, was arrested last year for work misused by groups like North Korean hackers for money laundering. However, his legal team argues he merely published accessible code and filed a motion to dismiss charges of conspiracy and sanction violations.
Bitcoin Runes Launch at the Halving: Here's Everything You Need to Know
he creator of Bitcoin’s Ordinals protocol is debuting a new fungible token standard to rival BRC-20. Here’s everything we know about Runes.
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