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Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds

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The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds.

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Puma partners with Web3 mobile game, Infinex NFTs top $40M sales: Nifty Newsletter

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Footwear distributor Puma partnered with a Web3 game, integrating characters based on the brand into a sports mobile game.

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Curve mulls dropping TUSD as crvUSD backing after SEC charges

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The regulator alleged TUSD was 99% backed by a risky offshore fund, raising concerns about using TUSD to back Curve’s stablecoin.

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South Korean foundation to recover funds from defunct crypto exchanges

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The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

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