2021-10-6 22:00 |
Terra’s native savings protocol Anchor that offers high yield on stablecoins has reached a new milestone, recording $5 billion in total value locked (TVL). The post Terra’s Anchor protocol hits $5 billion in TVL, LUNA’s price surges appeared first on CryptoSlate. origin »
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Just six months after its launch, Terra‘s Anchor protocol surpassed $4 billion in total value locked (TVL). The post Terra’s Anchor protocol hits $4 billion in TVL 6 months after launch appeared first on CryptoSlate.
2021-9-21 07:00 | |
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Decentralized Finance (DeFi) has now reached past the mark of $100 billion in total market cap to climb to $130 billion, as per CoinGecko. The top five contributors to this are Uniswap (UNI), Chainlink (LINK), PancakeSwap (CAKE), Terra (LUNA), and AAVE.
2021-5-1 16:30 | |
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Eight months after launch, Terra, a stablecoin protocol backed by four of the world’s largest crypto exchanges, has surpassed one million user accounts and hit an annual run rate of $2. 4 billion, the company reported in a press release seen by CryptoSlate.
2020-1-15 20:00 | |
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Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon’s trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct. Related Reading: Crypto Survival […]
On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62. 81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […] The post Terraform Labs moves $62.
Lawyers for Daniel Shin, co-founder of Terraform Labs, told a South Korean court that he did not contribute to Terra’s collapse in any way after being charged with fraud and embezzlement.
Coinspeaker Terra Founder Do Kwon Reportedly Arrested in Montenegro The news has already stirred the crypto ecosystem with many of the affected holders of LUNA yet to recover their losses.
Terra frontman Do Kwon was apprehended at Podgorica airport by Montenegrin police. He was previously believed to be hiding in Serbia. Six Months on the Run The law has finally...
USDC, the stablecoin tracing the USD, is under immense pressure as users rush to convert to other assets, including BUSD by Paxos and USDT by Tether Holdings. USDC Has De-pegged As USDC’s market cap rapidly shrinks, primarily because of mass exits, there has been a de-peg.
Nearly a year after the demise of Terra and it’s UST stablecoin, the SEC is in pursuit. It’s the latest in a suite of regulatory hammers that the Securities and Exchange Commission has been bringing to the pavement in crypto lately.