– Advertisement – he U.S. Department of Justice has launched a probe into the collapse of Do Kwon’s TerraUSD. Authorities are reportedly looking at chats between Alameda Research, Jane St...
Tag: Terras
US DoJ probes Terra’s former employees for answers
The US Justice Department (DoJ) is delving into the mysterious collapse of TerraClassicUSD (USTC) stablecoin, which wreaked havoc on the Terra ecosystem, resulting in a staggering $40 billion wipeout ...
Wallet Tied to Terra’s UST Depeg Identified to be Jane Street’s: Research
The implosion of Terra last summer still haunts the crypto industry. Numerous post-mortem reports have gone into detail about the wallets that contributed to the collapse while simultaneously adding c...
Fame, fortune, and failure with Terra’s Do Kwon
The crypto world is abuzz with the news of charges filed by the United States Securities and Exchange Commission (SEC) against Terra and its founder, Do Kwon. What’s surprising is not just the charge...
Polkadot’s Development Activity Soars By 40%, Terra’s Update Keeps Helping Cosmos
TMS Network (TMSN) Set To Revolutionize The Market The ever-growing blockchain technology has continuously been shaping the crypto market. Many long-standing crypto projects are bringing upgrades to r...
Terra’s UST Peg Was Maintained Artificially, Not By Algorithm?
Terra’s indigenous stablecoin, the TerraUSD (UST), was once touted to be an engineering marvel in the blockchain sector. With its unique, dual token system–it behaved like any other stablecoin which t...
Jump Trading Is The Unnamed Firm That Made $1.28 Billion Before Terra’s Collapse
– Advertisement – Recent reports have identified Jump Trading as the unnamed firm that made $1.28 billion from Terra. The SEC’s complaint against Do Kown and Terraform Labs revealed that ...
Terra’s classic stablecoin surges on BUSD failure, but is still only worth $0.03
Ad The depegged stablecoin Terra Classic USD (USTC) regained a small amount of value today alongside news that issuance of Binance USD (BUSD) will be halted. The price of USTC rose 19.14% to 3.1 cents...
Cosmos Hub reaps the benefits of Terra’s new update – Here’s how
Terra’s Mars Protocol launch boosts Cosmos Hub’s DeFi potential. However, there was declining revenue and staker interest in Cosmos network despite TVL growth. In an announcement on January 20, Terra ...
Terra’s Mars Protocol Mainnet Is Set to Go Live Soon
16 mins ago | 2 mins read Altcoin News The Terra Mars protocol mainnet will go live on January 31st. MARS tokens will be crucial in safeguarding Mars’ new hub-and-outpost architecture. The initial Ter...
Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse – Featured Bitcoin News
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it h...
South Korea Freezes $93M Allegedly Belonging to Company Involved in Terra’s Crash (Report)
The South Korean court has reportedly frozen 120 billion won (over $93 million) in assets belonging to executives of blockchain consultancy firm Kernel Labs. The entity is speculated to have had a ha...
Terra’s Do Kwon hide out exposed
According to a local news source, Do Kwon, the founder of Terraform Labs, currently resides in Serbia. According to a Korean enforcement official: “We recently discovered that the intelligence we had...
Terra’s Do Kwon is Currently Hiding in Serbia (Report)
Do Kwon – CEO and Co-Founder of Terraform Labs – has reportedly moved to Serbia. The 31-year-old crypto developer fled South Korea shortly after his project’s native token – LUNA – and algorithmic st...
Do Kwon Says Alameda Instigated Terra’s Downfall
Advertisement     Do Kwon has accused FTX’s founder Sam Bankman-Fried and Alameda Research of manipulating the market, leading to the collapse of TerraUSD in May. In a...
Was Sam Bankman-Fried To Blame For Terra’s Unfortunate Crash In May?
According to recent reports, federal prosecutors are investigating whether Sam Bankman-Fried, the founder of FTX, manipulated the market for two cryptocurrencies this past spring, causing their demise...
Is SBF behind Terra’s collapse?
Following the ongoing investigations concerning the demise of FTX, previously one of the largest cryptocurrency exchanges, prosecutors are also weighing the possibility that the founder of FTX, Sam Ba...
SBF Could Have Reportedly Been Involved in Terra’s Collapse, Do Kwon Chips In
The former CEO of the bankrupt crypto exchange FTX – Sam Bankman-Fried (SBF) – might also be involved in Terra’s crash. Federal prosecutors have launched an investigation to determine whether he manip...
Terra’s Team Allegedly Destroyed UST by Itself: Expert
Vladislav Sopov Anonymous analyst Fat Man Terra yet again de-bunks Do Kwon’s narrative about an “attack” on the UST/LUNA system Contents UST peg was allegedly destroyed by Terraform ...
Team of Anchor, Terra’s Largest DeFi, Raises $4.5 Million; Who Led Round?
Vladislav Sopov Launched by Anchor’s alumni, Ambit Finance secures funds from Binance Labs to build new BUSD-based product Contents Ambit Finance secures $4.5 million from Binance Labs Unlocking...
The arrest warrant of Terra’s ex-associated got dismissed. Know why??
The judge of Seoul Southern District Court has now dismissed the arrest warrants for the co-founder, Shin Hyun-Seong, and the accused 3 Terra investors and 4 developers of a blockchain protocol and pa...
Terra’s Do Kwon former colleagues targeted by the latest arrest warrant
Do Kwon, the co-founder, and CEO of Terraform Labs, is still being hunted for, but South Korean officials have expanded their inquiries to include additional Terra executives. An arrest warrant was f...
Terra’s DAO Platform Is Open for Business
Terra founder Do Kwon is still wanted by Interpol, but the team behind the protocol’s stablecoin has launched a platform for building DAOs on its blockchain. Terraform Labs built Enterprise, a “no-cod...
South Korea seizes $104M from Terra’s co-founder on unjust earnings.
South Korean authorities are continuing their efforts to bring closure to the victims of the year’s first crypto crash, which involved Terraform Labs. While the crypto exchange FTX has taken the...
South Korea Confiscates Over $100 Million from Terra’s Co-founder: Report
South Korean prosecutors have seized more than $100 million worth of assets belonging to Shin Hyun-Seong (Daniel Shin), the co-founder of Terraform Labs, for his role in the collapse of the Terra ecos...
Terra’s Luna Foundation Guard Releases Audit Report, Do Kwon Responds
The Luna Foundation Guard (LFG), nonprofit managing UST algorithmic stablecoin, has released a technical audit to provide full transparency into assets and efforts to repeg TerraUSD (UST) in May. LFG ...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg – Bitcoin News
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the N...
New Audit Report Shows Terra’s LFG Spent Over $2.8 Billion To Defend UST Peg ⋆ ZyCrypto
Advertisement     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, ...
Terra’s Do Kwon Says He’s Not Asking for Money
Alex Dovbnya Terra’s Do Kwon claims that he remains at his house while South Korean officials insist that the disgraced Terra cofounder is on the run In a recent tweet, Terra co-founder Do Kwon claims...
Here’s Where Terra’s Do Kwon Might Be Hiding
Alex Dovbnya The controversial cryptocurrency entrepreneur continues to deny being on the run Terra co-founder Do Kwon might be hiding in Europe, according to South Korean prosecutors. Prosecutors ha...
Terra’s Do Kwon has been flown away: Know where he is hiding
The prosecutors of South Korea say that Do Kwon is possibly hiding in Europe. However, the co-founder denies the allegations. In line with the prosecutors of South Korea, Do Kwon, the co-founder of Te...