SEC sues Terra and Do Kwon, Platypus exploited

February 17, 2023

What a day! SEC sues Terra/Do Kwon. SEC lawsuit reveals a third party helped restore peg back in 2021. Platypus was exploited and hacker found within hours. Arbitrum is live on Coinbase. Have a great weekend!

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

  • A federal judge hints that SBF, former CEO of FTX, could “conceivably” get his bail revoked, sending him back to prison

  • SEC charges Terra/Kwon with defrauding investors

  • Auroa announced it had temporarily paused the rainbow bridge, no funds lost, just a bug in the NEAR core that needed fixedSee most negative projects updated hourly.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

UMA (+292): UMA and Snapshot Labs joined forces to create gas-less voting with on-chain executionMultiversX (+104): Announced a strategic partnership with Tencent CloudRarible (+282): Adds Tezos to its aggregated marketplace tool

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

Trending from yesterday 👍

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

SEC announced its suing Terraform Labs and Do Kwon

The SEC documents confirm a rumor of a third party helping to restore the UST peg in May of 2021

Arbitrum has been integrated on Coinbase

Platypus was exploited for roughly $8.5M and it took ZachXBT less than 4 hours to find out who did it, then they deactivated their account. More to come

zkSync mainnet launches

Former FTX executives donated $80M to political groups in 2022