Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any ch...
Tag: Terra
Do Kwon Hires Lawyers To Prepare Against Terra LUNA Crash
The May month’s Terra (LUNA) crash that pulled down the whole of the crypto space. Since then Terraform Labs, its founder Do Kwon and all other related members are under close scrutiny by South Korean...
What The Leadership of SafeMoon Needs To Learn From The Terra Dump
Everything rises and falls on leadership, but which of the leaders should be held responsible for the massive dump of the Terra Network? Various cryptocurrency tokens such as SafeMoon have been bearis...
Tornado Cash sanctions are a ‘knee-jerk reaction’ to Terra crash, says Kraken CEO
Jesse Powell, the CEO of cryptocurrency exchange Kraken, has criticized government sanctions against Ethereum (ETH) coin mixing service Tornado cash, terming it a hasty reaction. Speaking during an i...
Terra Founder Do Kwon Hires Lawyers For Preparing Legal Actions
Terra founder Do Kwon has hired lawyers from a domestic law firm to prepare for legal action in response to the investigation by the Seoul Southern District Prosecutors’ Office. The South Korean prose...
Terra Launches New Proposal To Airdrop LUNA Coins to Users Who Received Incorrect Allocation in May
– Advertisement – The Terra team wants to airdrop more tokens to investors who received incorrect amounts of LUNA during the project’s rebirth. TerraForm Labs (TFL), the company behind the...
Founder Of Terra Do Kwon Deems The Collapse As Big Betting
The collapse of the algorithmic stablecoin Terra and its native token, LUNA, created a great storm in the cryptocurrency space. Many investors watched as the Terra ecosystem crumbled with TerraUSD (US...
“An Insult”: Do Kwon’s First Interview Since Terra Failure Flops
Key Takeaways Do Kwon has broken his silence for the first time since Terra’s collapse in an extended interview with Coinage. Viewers have criticized the first part of the feature for failing to...
Bitcoin Capitulation Over? Short-Term Holders Bought 330K BTC Since Terra Collapse
For the first time in over two years, short-term holders (STH) have become more active in the BTC marketplace than long-term holders (LTH), said Glassnode. The company’s latest market report argued th...
Best Terra Luna wallets: How to Choose| Cryptopolitan
There are many different wallets available in the crypto space – from hot wallets (software) to cold wallets (hardware) to paper wallets, each with its pros and cons. Your wallet choice will depend on...
Terra Co-Founder Names Person Who Is to Blame for Collapse
Alex Dovbnya Terra’s Do Kwon gave his first extensive interview for first time since project’s collapse During a wide-ranging interview with Trustless Media co-founder and former CNBC repo...
Terra Founder Do Kwon Says He Had An “Entertaining Alter Ego”
– Advertisement – Kwon Admits to Making Bad Decisions That Led To The Collapse Of Terra And UST while possessing an “entertaining alter ego.” In a recent statement with Coinage Media, Te...
FatManTerra questions integrity of Do Kwon’s first interview since Terra collapse
On August 15, the Coinage platform will air the first video interview with Do Kwon since the collapse of the Terra ecosystem. FatManTerra, who has risen to prominence by attempting to uncover what ha...
Do Kwon Speaks Out, Fatman Accuses Journalist of Still Shilling Terra
Do Kwon has granted an interview to an unknown journalist, and @Fatman accuses both of them of continuing the shill. This drama is what Twitter was built for. Coinage Media (Who? Me either) has interv...
SEC Will Demand Hedge Funds To Report Crypto Exposure Post Terra Collapse
The SEC and CFTC look to mitigate the risks establishments pose due to crypto exposures. This is due to the contagion spread by the Terra debacle and the crash of the crypto markets. The events majorl...
Upbit Announces Committee Setup to Refund Terra Investors
4 hours ago | 2 mins read Exchange News Korbit made an estimated 27 million won in commissions at the end of the term. As of May 30th, the refund fee amounted to almost $9.5 billion won by Upbit. The ...
EU Official Says Europe’s MiCA Bill Would Prevent ‘Schemes’ Like Terra From Happening
The landmark legal framework, which has not yet been made into law, aims to provide regulatory clarity to the growing crypto industry in Europe. The legislation – which policymakers agreed to last mon...
Terra Founder Do Kwon Gets Backlash For His Tweet
While the last 30 days has been a blissful month for most of the cryptocurrencies, Terra’s Luna 2.0 has seen no effect. This is because the currency has dropped by 24.37% against Bitcoin in the last 3...
Terra Founder Do Kwon Breaks Twitter Silence, But Users Are Not Pleased
– Advertisement – Terra founder Do Kwon remains defiant. Embattled Terraform Labs founder Do Kwon finally broke his Twitter silence, reiterating his belief that the crypto world needs d...
DappRadar Report Shows First Signs DeFi Recovering From Terra Collapse
DappRadar, the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra’s collapse. While the total no...
Singapore Reviewing Legislation on Crypto, Following Devastating Effects of Terra Crash ⋆ ZyCrypto
Advertisement     Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors’ funds. This comes ...
No Difference In Crypto Activity Despite Terra Collapse: DappRadar
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CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra
London-based digital asset management firm Coinshares reported a loss before tax of £8.2 million for the second quarter, versus a profit before tax of £28.6 million a year ago, on the back of a one-of...
Terra Position Cost CoinShares Over $21M: Q2 Report
Yet another crypto firm has divulged its exposure to Terra. Coinshares reported a loss of 2.4 million pounds (nearly $3 million at current prices) in the quarter ending June 30—its first negative quar...
Venture Capital ‘Hashed’ Lost Over $3 Billion Following Terra Crash
2 hours ago | 2 mins read Altcoin News The firm bought 30 million LUNA in Terra early on and ended up losing. At its peak, the 30 million tokens bought by Hashed were valued around $3.6 billion. Hashe...
Early Terra (LUNA) Investor Reveals $3,600,000,000 Loss Following Historic Crypto Collapse: Report
A crypto investor who got in early to Terra (LUNA) is reporting staggering losses in the billions. According to a new report by Bloomberg, Simon Seojoon Kim, a South Korean crypto investor and early L...
CoinShares Loses $21.7M In Q2 Earnings, Terra Crisis To Blame
Coinshares joins the list of crypto firms that have had to bear the negative impact of the Terra crash. Yesterday, August 2nd, the European-based cryptocurrency investment firm, coinshares coinshares...
Hashed Plans to Raise More Funds After Losing $3.6B in Terra Fiasco
South Korean blockchain venture capital firm Hashed has revealed that it plans to raise more funds to support GameFi projects after losing more than $3.5 billion to the Terra LUNA crash in May. Hashe...
CoinShares reports $21.7M loss tied to Terra implosion
On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year’s quarter, the firm’s revenue declined from 19.6 million pound...