terraform labs


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Bitcoin Higher After October Jobs Report; Fidelity Opens Waiting List for Retail Crypto Product

Bitcoin is trending higher near $21,000 Friday after the U.S. October jobs report revealed 261,000 nonfarm payrolls were added in October, beating economists' forecasts. Financial services giant Fidelity Investments has opened the waiting list for Fidelity Crypto, its crypto product aimed at retail customers. Terraform Labs co-founder Do Kwon may be in Europe, according to Bloomberg.

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Terra Co-Founder Do Kwon May Be in Europe: Bloomberg

South Korean prosecutors have indicated the fugitive co-founder of Terraform Labs, Do Kwon, is in Europe, according to Bloomberg. This comes as Kwon denied being on the run. "The Hash" panel discusses the latest in the aftermath of the $60 billion collapse of the Terra ecosystem.

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Goldman Still Sees Strong USD; Bitcoin Miners Downgraded Amid Bear Market Woes

A Goldman Sachs strategist wrote a peak in the U.S. dollar "feels several quarters away," which could be bad news for bitcoin (BTC). Bitcoin miners Core Scientific (CORZ) and Argo Blockchain (ARBK) were downgraded by Wall Street investment bank DA Davison due to bear market woes. Terraform Labs co-founder Do Kwon is rumored to have left Singapore for Dubai, according to Bloomberg.

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Videos

Do Kwon Denies Manipulation Allegation in Laura Shin Interview, Report Suggests Kwon Transited via Dubai

"The Hash" panel discusses the key takeaways from Terraform Labs co-founder Do Kwon's interview with "Unchained" podcast host Laura Shin amid rumors he has left Singapore for Dubai, and whether Kwon's earlier failed algorithmic stablecoin Basis Cash could have been an indication of UST's fate.

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Laura Shin on Do Kwon Interview: Certain Things Went Against Crypto Ethos

"Unchained" podcast Host Laura Shin discusses her lasting impressions after interviewing the Terraform Labs co-founder Do Kwon, following the collapse of Terra. "Every time he had a justification," she said. She explains the discrepancies of what he said versus on-chain evidence.

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Do Kwon Denies Claims He Is on the Run From Law Enforcement

"Unchained" Podcast Host and author Laura Shin discusses the key takeaways from her recent interview with Terraform Labs co-founder Do Kwon about the latest allegations against him in the $60 billion implosion of the Terra ecosystem.

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Finance

Le cofondateur de Terra, Do Kwon, affirme toujours qu'il n'est pas en fuite

Le développeur sud-coréen a également continué à rejeter les allégations selon lesquelles 67 millions de dollars auraient été gelés sur les échanges Crypto OKX et KuCoin.

(Terra)

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S. Korean Judge Reportedly Dismisses Arrest Warrant for Terra Exec Yu; Bitcoin Miner Marathon Invested $31M in Bankrupt Data Center Compute North

A South Korean judge canceled the arrest warrant for Yu, Terra's head of general affairs at Terraform Labs, according to Yonhap News. Plus, Marathon Digital’s investment of $31.3 million in bankrupt data center Compute North.

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Do Kwon Denies Report That South Korean Prosecutors Froze $39.6M of His Crypto

Do Kwon, the CEO of Terraform whose failed stablecoin project rocked markets earlier this year, denied a media report that South Korean prosecutors have frozen 56.2 billion won ($39.6 million) of his cryptocurrency assets. “The Hash” panel discusses what this means for the crypto industry at large.

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Where in the World Is Do Kwon?

Is Do Kwon the most wanted person in crypto right now? The Terraform Labs CEO tweeted recently he’s “making zero effort to hide.” Those latest developments and other news shaping the cryptocurrency world in this episode of “The Daily Forkast.”

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