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Vauld Insights 2022-05-12 13:30:00

‘Terraform Labs CEO And His Connection To Basis Cash, Another Algorithmic Stablecoin Project That Failed’

‘Terraform Labs CEO And His Connection To Basis Cash, Another Algorithmic Stablecoin Project That Failed’

The Terra-LUNA fiasco was still in the spotlight when the Terraform Labs CEO, Do Kwon, became the center of yet another controversy. Quoting a former Terraform Labs engineer, CoinDesk reported that Kwon was one of the pseudonymous co-founders of the failed algorithmic stablecoin Basis Cash (BAC). Of the two BAC co-founders — “Rick and Morty,” Kwon […]The post ‘Terraform Labs CEO And His Connection To Basis Cash, Another Algorithmic Stablecoin Project That Failed’ appeared first on Vauld Insights.

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