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Terraform Labs moves $62.81M in BTC amid final wind-down steps
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. дальше »
2024-9-4 22:45
Daniel Shin denies hand in Terra’s collapse
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. дальше »
2023-10-31 22:19
Terra Founder Do Kwon Reportedly Arrested in Montenegro
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. дальше »
2023-3-24 20:09
Terra’s Do Kwon Arrested in Montenegro
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... дальше »
2023-3-24 19:33
USDC Is In Trouble, But It Won’t Go To Zero Like UST Did – Here’s Why
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. дальше »
2023-3-11 14:06
SEC To Sue Firm Behind Failed Terra Stablecoin, Terraform Labs
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. дальше »
2023-2-17 01:36
South Korea authorities believe Do Kwon is hiding in Serbia
For allegedly breaking South Korean capital markets legislation, Kwon was the subject of an arrest order issued on September 14 by the Financial and Securities Criminal Unit of the Seoul Southern District Prosecutor's Office. дальше »
2022-12-12 14:50
Singapore police going after crypto platform on fraud allegations
Singapore Police is currently looking at the cryptocurrency lender Hodlnaut on suspicion of deception and fraud. дальше »
2022-11-24 13:35
New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg
Luna Foundation Guard (LFG), the entity behind the collapsed Terra ecosystem, spent $2.8B (80,081 BTC and 49.8M in stablecoins) to defend UST’s peg, a new report by London-based third-party auditing firm JS Held has shown. дальше »
2022-11-16 21:29
Laura Shin Asks Terra’s Do Kwon The Tough Questions. What Did We Learn?
This is the Do Kwon interview everyone was waiting for. In the latest episode of Laura Shin’s Unchained Podcast, titled ‘It Was Never Really About Money or Fame or Success’, the Terra creator faces serious scrutiny. дальше »
2022-10-19 14:52
When Will Terra Victims Be Compensated?
It has been almost five months since Terra collapsed, and UST users are yet to be compensated as promised. The Luna Foundation Guard announced today that victims would have to... дальше »
2022-10-8 00:51
Domino Effect On Stablecoins Leads To Reversal Of Growth Trend
The crypto bear market of 2022 has spared no digital asset in the space, and stablecoins have been no different. The assets which have always served as a safe haven for investors when it comes to the high volatility of the crypto market had seen a drawdown coming into the new year. дальше »
2022-7-21 02:00
Hacktivist group Anonymous sets sights on Do Kwon after LUNA meltdown
Hacktivist group Anonymous said it will ensure that Terra founder Do Kwon is brought to justice in a newly released YouTube video. The post Hacktivist group Anonymous sets sights on Do Kwon after LUNA meltdown appeared first on CryptoSlate. дальше »
2022-6-27 15:30
Tether To Roll Out Token Pegged To The British Pound Next Month
Tether Operations, the issuer of the world’s biggest dollar-pegged stablecoin, will launch a new token backed by the British Pound Sterling this coming July, The development follows Tether’s recent roll-out of MXNT, a crypto asset pegged to the Mexican peso. дальше »
2022-6-23 16:53
Stablecoin Supply Decreases for First Time in History
Stablecoin redemptions have reached a historic high, with more than $10 billion redeemed across major issuers and about $3 billion retired from MakerDAO. Supply Shrinks By At Least $13 billion... дальше »
2022-6-16 23:19
Stablecoin Supply Decreases Over Quarter for First Time in History
Stablecoin redemptions have reached a historic high, with more than $10 billion redeemed across major issuers and about $3 billion retired from MakerDAO. Supply Shrinks By At Least $13 billion... дальше »
2022-6-16 23:19
Terra investors file a class action lawsuit against Binance.US
A group of investors has filed a class-action lawsuit against Binance US and its CEO for allegedly failing to comply with federal and state securities laws. The post Terra investors file a class action lawsuit against Binance.US appeared first on CryptoSlate. дальше »
2022-6-13 16:40
Terra’s Do Kwon May Face Charges In The U.S. As Money Laundering Accusations Emerge
Terra CEO Do Kwon has been in hot water ever since the collapse of the network last month. After the UST lost its peg and the price of LUNA (Now LUNC) crashed below zero, there had been calls for investigations into the cause of the crash seeing that thousands of investors had lost billions of […] дальше »
2022-6-10 20:00
Terra’s Do Kwon claims SEC investigation reports, other allegations are ‘misinformation’
In a recently released statement, the Founder and Chief Executive Officer of Terraform Labs, Do Kwon, said that the level of misinformation in public surrounding the network is high. The post Terra’s Do Kwon claims SEC investigation reports, other allegations are ‘misinformation’ appeared first on CryptoSlate. дальше »
2022-6-10 01:30
Terra’s Do Kwon says there “are lots of misinformation” as reports emerge that SEC is investigating UST
In a recently released statement, the Founder and Chief Executive Officer of Terraform Labs, Do Kwon, said that the level of misinformation in public surrounding the network is high. The post Terra’s Do Kwon says there “are lots of misinformation” as reports emerge that SEC is investigating UST appeared first on CryptoSlate. дальше »
2022-6-10 01:30
What Terra’s Collapse Brought For Stablecoins In Japan, New Law Passed
The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leaving investors with billions in losses. дальше »
2022-6-4 21:00
Report Reveals Terra Holders Liquidated Their Holding When Crash Started
The Terra LUNA crash last month sent many investors back in their returns. The crypto market generally crashed the previous month, but the 80% deep dive in Terra wasn’t funny. The panic by the investors to pull out of the crypto crash intensified the fall of many coins. дальше »
2022-6-3 17:00
USDD is fueling Tron’s DeFi TVL rise, draws comparison with Terra’s UST
Tron has become the third-largest network by total value locked (TVL) in DeFi protocols a month after launching its algorithmic stablecoin, USSD. The post USDD is fueling Tron’s DeFi TVL rise, draws comparison with Terra’s UST appeared first on CryptoSlate. дальше »
2022-6-2 09:35
UK Treasury Strengthens Regulations Around Stablecoins Following UST Collapse
In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed a new consultation paper on Tuesday, May 31, 2022, regarding minimizing the risks of the possible collapse of stablecoins and many more digital currencies by utilizing […] дальше »
2022-6-2 01:06
Terra 2.0 And Do Kwon In ‘Big Trouble’ As Binance Investigates Serious Fraud Accusations
Legal troubles are mounting for the co-creator of the fallen Terra ecosystem, Do Kwon, as Binance launches inquiries into the allegations made by a Terra insider. дальше »
2022-6-2 21:17
South Korean Prosecutors Investigating Terraform Labs Over UST Collapse
The Terra community doesn’t seem to catch a break lately. This time, prosecutors in South Korea have summoned representatives and employees at Terraform Labs to investigate the collapse of TerraUSD… The post South Korean Prosecutors Investigating Terraform Labs Over UST Collapse appeared first on CoinCentral. дальше »
2022-5-31 23:04
Vitalik Buterin Reveals How To Identify A UST-Like Algorithmic Stablecoin Following Terra’s Collapse
Stablecoins are having the roughest patch in their entire existence with investors viewing the asset class with skepticism. Amid the uproar, Vitalik Buterin has proffered two thought experiments to help investors gauge the risks associated with algorithmic stablecoins. дальше »
2022-5-28 21:58
Terra’s New Blockchain To Go Live This Saturday As Community Votes To Burn Over 1 Billion UST Tokens
Do Kwon’s plan to revive the beleaguered Terra ecosystem appear to be coming to fruition. дальше »
2022-5-28 20:35
Scammers looking to take advantage of LUNA 2.0 airdrop
Blockchain analysis and security firm PeckShield issued an alert to warn the crypto community about scammers sending Wrapped LUNA to the public addresses of crypto influencers and CEOs. The post Scammers looking to take advantage of LUNA 2.0 airdrop appeared first on CryptoSlate. дальше »
2022-5-27 19:00
Buterin: How to create algo stablecoins that don’t turn into Ponzis or collapse
“What we need is not stablecoin boosterism or stablecoin doomerism, but rather a return to principles-based thinking,” Vitalik Buterin emphasized. дальше »
2022-5-28 08:29
LUNA Eyes Gigantic Comeback As Crypto Exchanges Throw Their Weight Behind “Terra’s Rebirth”
Terra has stated that the new chain will support all assets, chains, bridges, and Centralized exchanges (CEXs), enabling those who receive their tokens to... дальше »
2022-5-27 21:06
Crypto Developers Signal Commitment To Help Terra (LUNA) Rise From The Ashes
Talks of the Terra network's demise have been greatly magnified. At least, that is what the LUNAtics will want to believe as multiple developers pledge to do their part to help the ecosystem on its journey to regaining its feet. дальше »
2022-5-27 17:30
Terra to Relaunch: Do Kwon’s Proposal Passes By 65% (LUNA Airdrop)
A proposal to relaunch the Terra blockchain has passed with a wide margin of 65.5% votes in favor. The new blockchain is called LUNA 2.0 and will come into existence… The post Terra to Relaunch: Do Kwon’s Proposal Passes By 65% (LUNA Airdrop) appeared first on CoinCentral. дальше »
2022-5-26 23:09
Do Kwon Sheds Light On LUNA’s Implosion As Terra 2.0 Ecosystem Revival Plan Gains Momentum
Amid the uproar caused by TerraUSD (UST) de-pegging, the project’s co-founder Do Kwon appears to have nerves of steel as he remains unfazed by all the chaos. дальше »
2022-5-26 19:29
Terra At Make-Or-Break Point As Community Burn Millions Of LUNA In Hopes Of A Huge Price Rebound
Terraform Labs' founder, Do Kwon has cautioned “LUNAtics” against burning their LUNA tokens. дальше »
2022-5-24 22:03
Over $10 Billion Pulled From USDT As Stablecoin Crises Continues
The uncertainty around stablecoins had begun with the UST crash and inevitably spilled unto others such as USDT. This uncertainty has continued to linger weeks after the crash leading to investors moving out of stablecoins. дальше »
2022-5-25 20:00
Is USDC Set To Overtake Tether (USDT) Soon?
The stablecoin market has witnessed one of the most unstable moments in its history this month as TerraUSD (UST) lost its peg and momentarily threatened the perceived stability of its… The post Is USDC Set To Overtake Tether (USDT) Soon? appeared first on CoinCentral. дальше »
2022-5-24 18:15
USDTea: A New Stablecoin Backed By Iced Tea Cans Rises Like The Phoenix
Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness. дальше »
2022-5-24 11:28
Celsius CEO Alex Mashinsky Interview: UST Depeg, Bear Markets, DAOs
The first time we interviewed Alex Mashinsky was in July 2018 in the heart of a bear market. Bitcoin was about $6,500. The Celsius app was about to launch. The… The post Celsius CEO Alex Mashinsky Interview: UST Depeg, Bear Markets, DAOs appeared first on CoinCentral. дальше »
2022-5-24 22:54
Millions Of LUNA Being Burned To Push Up Price — Do Kwon Insists Destroying Tokens Is Pointless
Terraform Labs co-founder and CEO Do Kwon has finally listened to suggestions to burn most of LUNA’s hyperinflated circulating supply of over 6.5 trillion tokens. While he’s still against the idea, Kwon has... дальше »
2022-5-24 21:39
LUNA Records 100% Growth In A Single Day. More Upside Coming?
LUNA has been on the decline since the crash of the UST rocked the crypto space earlier this month. What had been one of the most successful cryptocurrencies in the market had quickly turned sour. The digital asset had fallen from trading around the $100 level to trading a couple of zeros below $1, causing holders to lose billions of dollars. дальше »
2022-5-24 20:00
Did Do Kwon Know The LUNA and UST Crash Was Coming? — Legal Documents Reveal New Findings
Legal Documents Indicate Do Kwon Dissolved Terraform Labs Just Days Before Crash Of UST And LUNA. дальше »
2022-5-21 17:49
This Week In DeFi – May 20
To the DeFi community, This week the Terra community is currently voting for or against a fork of the network, […] The post This Week In DeFi – May 20 appeared first on DeFi Rate. дальше »
2022-5-21 19:45
Stablegains in hot water after losing more than $40M due to Terra’s collapse
Yield app Stablegains faces allegations of misusing clients’ money — and possibly a lawsuit — after losing more than $42 million, which it had invested in UST via Anchor protocol without informing clients. дальше »
2022-5-20 17:05
Big Terra Investor Mike Novogratz Finally Speaks Out On UST/LUNA Disastrous Fallout
After an uncharacteristic silence of over a week, Galaxy Digital founder and CEO Mike Novogratz has finally given his take on the devastating fall of LUNA and UST. дальше »
2022-5-20 01:19
New Data Shows South Koreans Heavily Accumulating LUNA In Hopes of A Gigantic Price Rebound
South Koreans are laboriously purchasing Terra's native token undeterred by the massive crash last week. дальше »
2022-5-19 20:02
Stablegains Faces Lawsuit After Losing $44M on UST
Yield generation app Stablegains could be facing a class-action lawsuit after the company lost more than $44 million of customers funds by investing them in Terras failed UST stablecoin. Stablegains... дальше »
2022-5-20 18:42
Another Theranos? Do Kwon Stares At Multiple Lawsuits As Investors Sense Fraud In Terra’s Debacle
Last week, a columnist described Terraform Labs' co-founder Do Kwon as “the Elizabeth Holmes of Crypto.” дальше »
2022-5-19 16:35
LUNA Supply Nears 7 Trillion, Is $1 Still Possible?
The circulating supply of LUNA has continuously gone up since the UST debacle began. This has mainly been from people redeeming their staked UST for the digital asset, which caused its supply to rise drastically in such a short amount of time. дальше »
2022-5-18 20:00
Terra faces litigation from South Korean investors over failed UST investment
After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »