Do Kwon was recently accused of withdrawing $80 million a month from the Terra ecosystem leading up to the crash — fresh allegations claim this happened more than 33 times, and a staggering $2.7 billion was taken out of the system through Degenbox by Abracadabra Money. The post Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem via Degenbox appeared first on CryptoSlate.

FatManTerra, the source of many leaks surrounding the Terraform Labs, has announced that he has launched his own validator for LUNA 2. The post FatManTerra launches non-profit LUNA validator for UST compensation appeared first on CryptoSlate.

The spot Bitcoin trading volume on FTX has surpassed Coinbase for the first time, hitting $30 billion in a single month. The post FTX trading volume surpasses Coinbase in record month appeared first on CryptoSlate.

The Ropsten testnet for Ethereum has successfully merged to activate the beacon chain. The post Ethereum developers have fun as Testnet merges to Proof-of-Stake appeared first on CryptoSlate.

The Optimism Foundation has issued a statement confirming that 20M OP tokens meant for a liquidity provisioning partner have been sent to the wrong address. The post Optimism Foundation sends $20M to the wrong wallet – OP drops 36% appeared first on CryptoSlate.