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TerraUSD
Cryptocurrency
Crypto's Terraform files for bankruptcy as Do Kwon awaits fate
Kwon is wanted by South Korea and US after the 2022 collapse of his TerraUSD and Luna tokens, wiping out some US$40 billion
January 22, 2024
Cryptocurrency
Bitcoin hits US$40,000 level for the first time since May 2022
The token added about 1% to trade at US$40,005 as of 7.22 am on Monday in Singapore, taking its 2023 jump to 142%.
December 04, 2023
Cryptocurrency
Crypto fugitive Do Kwon is set to lose his South Korean passport
Kwon was behind the TerraUSD stablecoin
October 06, 2022
Cryptocurrency
Do Kwon, no longer in Singapore, says he's not 'on the run'
"We are in full cooperation and we have nothing to hide"
September 18, 2022
Cryptocurrency
South Korea seeks arrest of Terraform Labs founder Do Kwon
Do Kwon’s followers referred to themselves as “Lunatics”
September 14, 2022
Cryptocurrency
MAS evaluates more crypto safeguards after blowups
New rules may include placing limits on retail participation.
July 05, 2022
Cryptocurrency
Retail investors should steer clear of cryptocurrencies, warns DPM Heng Swee Keat at the Asia Tech X Singapore Summit
The DPM also announced the launch of Project Guardian, an MAS effort to explore the tokenisation of financial assets.
May 31, 2022
Cryptocurrency
DeFi believers never say die, even after they see Terra's demise
Terra’s failure shows the flaw of algorithmic stablecoins, but said it also gives an opportunity for new projects to adjust
May 22, 2022
Tong's Portfolio
Investing in cryptos is betting on a greater fool
Warren Buffett has said: “If you…owned all of the Bitcoin in the world and you offered it to me for US$25, I wouldn’t take it."
May 19, 2022
Cryptocurrency
Fresh Off The Block: Luna crash leads to US$1 trillion crypto meltdown and more
Fresh Off The Block: Luna crash results in US$1 trillion crypto meltdown, Nigeria releases new rules for digital assets and more
May 16, 2022