Lack of risk management in financial bets by the Kujira Foundation led to a 55% drop in KUJI token prices within 24 hours. Liquidations of leveraged positions by Kujira's operational wallet resulted ...

Kujira, the crypto project that was building on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra’s implosion, is about to issue a stablecoin called USK, the firm announced ...

Kujira is a project gaining traction in the decentralized finance (DeFi) space. Its token KUJI has had its TVL increase over 600% in 2023. Its appeal lies in its user-friendly DeFi tools and community ...

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The team behind Kujira, a decentralized finance (DeFi)-focused blockchain, put up leveraged liquidity positions that backfired, wiping 55% off the value of the network's KUJI tokens in 24 hours.