– Advertisement – Terra Designer Blocked From Leaving Country As South Korean Prosecutors Deliberate On Investigations. A South Korean prosecutor has issued an injunction blocking one of T...
Tag: Terra
Terra Developer Hit with Lawsuit
Alex Dovbnya Illinois resident Nick Patterson has sued Terraform Labs and venture capitalists over promotion of the failed stablecoin project Terraform Labs, the company that supports the Terra blockc...
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of ...
Coinbase hit with lawsuit over Terra mishap 1
Coinbase has yet again been slammed with another lawsuit due to the issues emanating from the mishap suffered by Terraform Labs. According to the filing details, the company failed to alert users that...
2.5M Terra 2.0 (LUNA) May Hit Exchanges For Immediate Selling
– Advertisement – Terra To Send 2.5M LUNA To Exchanges For Immediate Selling, Funds Meant To Support Projects On Terra 2.0. A recent proposal has given the green light for Terra to sell mi...
Collapse of Terra ecosystem teaches great lessons
As the stormy waters recede from this month’s crypto market bloodbath, one blockchain network has been washed onto land dead: Terra. The network’s co-founder, Do Kwon, has confiscated any try at resto...
According to Terra Whistleblower Luna Classic (LUNC) Will Not Reach $0.01 No Matter How Much Of It Is Burned
– Advertisement – FatMan Says Luna Classic (LUNC) Will Not Reach $0.01 No Matter How Much Of It Is Burned. FatMan warns LUNC buys not to be too optimistic on planned coin burns and says ...
Terra Founder Do Kwon Facing Investigation on Tax Fraudulent
51 seconds ago | 2 mins read Editors News The Do Kwon fraudulent investigation began. Kwon was discovered to have stolen revenue by avoiding 50 billion won ($39 million) in taxes. Do Kwon is being inv...
Tron’s USDD Stablecoin Faces Same Fate as Terra Luna’s UST » NullTX
Another algorithmic stablecoin appears to be in danger of losing its peg following the UST-Terra debacle. Investors are also currently in fear of having to face the same fate as Terra’s UST historical...
DeFi, NFT activities, and crypto games: Terra disaster had impacted DeFi ecosystems
According to statistics, user adoption and the number of web3 developers increased during the bear season, which was exacerbated by the macroeconomic crisis and Terra’s crisis. Defi, NFT activities, a...
Terra Influencer FatMan Spots Loopholes in Coindesk Korea Report Accusing TerraForm Labs Crashing UST and LUNA
– Advertisement – The popular whistleblower has come to the defense of TFL, as he identifies a major loophole that makes the Coindesk Terra report false. Popular Terra influencer who is kn...
Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap » NullTX
Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredib...
Do Kwon Accused of Manipulating Votes in Terra Community
Do Kwon continues to shake up the crypto sphere. As investigations into the Terra blockchain continue, a new scandal is tarnishing the reputation of the entrepreneur. The not-so-honest vote Between th...
South Korea Prepares New Crypto Laws After Terra Fiasco
Following the recent shockwaves of the (LUNA) crash which had shaken the spirit of many crypto enthusiasts, South Korea’s ruling party, People Power Party (PPP), is reportedly considering new crypto l...
Not only Terra, some crypto projects have tumbled by 90%
The crypto market is suffering the worst sale in 2022 as prime tokens have taken a significant hit, with several dropping to multi-month or multi-year lows. It’s not solely Terra that wiped off $40 bi...
Terra 2.0 (LUNA) Just Avoided An All-Time-low ; Do Kwon Under SEC’s Radar – Coinpedia – Fintech & Cryptocurreny News Media
The bearish blues hover over Terra’s LUNA price as the crypto market’s recent crash has put all the coins under pressure once again. For Terra, mid-$2.30 levels have performed as support above the bo...
Breaking News: Terra Collapse Was Caused by Internal Action! Know Compelete Truth – Coinpedia – Fintech & Cryptocurreny News Media
The wallet being referred to as an ‘attacker’ for creating a transaction that killed the algorithm-based stablecoin project Terra is actually a Terraform Labs wallet managed by Kwon Do-hyung. This mea...
Shady WLUNA Contract Bridge Spells Trouble for the Terra Luna Community » NullTX
Wrapped Luna Classic (WLUNA) is an Ethereum token designed to represent Terra (LUNA) on the blockchain. It’s not LUNA but a distinct ERC-20 token created to track the value of LUNA. Wrapped Luna Class...
Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse
The embattled chief executive of Terraform Labs is adamantly denying whispers that he cashed out billions of dollars worth of Terra (LUNA) and TerraUSD (UST). Rumors are circling on Twitter that Terra...
South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse – Exchanges Bitcoin News
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to...
Dogecoin Founder Blasts Celsius Network Says First Terra And Now Celsius Causing Collapse of Crypto Market
– Advertisement – The co-founder of Dogecoin is not mincing words as he calls both Terra and Celsius “stupid ass shit.” Billy Marcus, the co-creator of Dogecoin (DOGE), has poured out his ...
Crypto Entrepreneur Backs Terra Relaunch Amid Skepticism, Says Price Collapse Will Foster Institutional Adoption
Crypto custodian Hex Trust says the recent meltdown of stablecoin TerraUSD (UST) and its sister token Luna will herald more intervention by regulators, paving the way for more asset managers to join t...
Terra Founder Do Kwon allegedly voted on his own proposal using one of his secret wallets
? Want to work with us? CryptoSlate is hiring for a handful of positions! Do Kwon, the founder, and CEO of Terraform Labs, has faced multiple allegations of foul play regarding the collapse of the Ter...
Terra co-founder dismisses allegation of cashing out $2.7B
Do Kwon, the chief operating officer and co-founder of the ill-famed Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million monthly for nearly 3 years. The rumor sur...
Around 2,000 Terra Investors File Lawsuit Against Binance’s U.S. Subsidiary
3 hours ago | 2 mins read Exchange News The matter is apparently being handled by Roche Freedman LLP. Binance is accused of misleading investors about Terra in a 72-page complaint. UST and LUNA, two o...
Binance.US Faces Class-Action Suit From Terra Investors
Key Takeaways Terra investors have filed a lawsuit against Binance.US, complaining that the exchange misrepresented the UST stablecoin. The investors have complained that Binance.US represented the st...
Is Binance US Involved in Terra Collapse? Know The Complete Truth – Coinpedia – Fintech & Cryptocurreny News Media
The fall of Terra, which went from being the world’s third largest stablecoin to being valued at less than a $1, has been the most talked-about topic. Since hitting an all-time high in November, the v...
Lawsuit Filed Against Binance.US, Did Binance Mislead Investors In Terra UST Crash?
According to media reports today, Binance.US has lawsuit against it, over its involvement in the sudden crash of stablecoin, Terra UST which led to the loss of billions by a large number of investors...
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’ – Coinotizia
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by th...
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’ – Bitcoin News
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by th...
Terra Founder Do Kwon Accused Of Using a Mystery Wallet With 20 Million LUNA to Manipulate Terra’s Proposal Voting
– Advertisement – The Terra CEO has come under yet another scrutiny for manipulating proposals’ voting using a mystery wallet. Do Kwon, the founder, and CEO of TerraForm Labs (TFL), has b...
Binance CEO Comments on Terra and Celsius Fallout, Says Bitcoin and Crypto Crash Is Part of Normal Market Cycle
The CEO of the world’s largest crypto exchange platform says bear markets are a normal part of market cycles and offers his thoughts on the aftereffects of Terra (LUNA) and Celsius (CEL) collapsing. I...