While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
It’s been 5 months because the Terra ecosystem collapsed as tens of billions of {dollars} in worth disappeared from the crypto financial system in a...
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
According to native studies stemming from South Korea, the nation’s overseas ministry is trying to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The...
LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours
While digital currencies jumped in worth throughout the early morning buying and selling periods on Friday (ET), the brand new Terra token, LUNA 2.0, jumped...
Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours
During the final 24 hours, crypto asset costs have improved as the worldwide cryptocurrency market capitalization right this moment has risen 1.9% to $1.07 trillion....
Hodlnaut Court Filings Highlight a $193 Million Shortfall, Whistleblower Condemns Crypto Lender’s Contradictory Statements
The troubled crypto lender Hodlnaut shared one other replace after the corporate froze withdrawals on August 8, after which revealed the corporate is looking for...
Another Stablecoin Depegs From USD Parity, Polkadot-Based AUSD Loses 98% in Value
2022 has been the yr of damaged stablecoins as a myriad of dollar-pegged crypto belongings depegged from their greenback worth this yr. On August 14,...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
While a lot of the crypto economic system’s digital property have seen important beneficial properties this month, Terra’s luna 2.0 has been stagnant because it...
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
On July 13, the devoted crypto worth monitoring, quantity, and market capitalization internet portal Coingecko printed the corporate’s “Q2 2022 Cryptocurrency Report” which discusses the...
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
The U.S. and South Korean governments have reportedly agreed to share knowledge on ongoing crypto instances, together with the case surrounding Terraform Labs CEO Do...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
After the downfall of the 2 hottest crypto belongings on the Terra blockchain, the digital currencies terrausd (UST) and luna basic (LUNC) elevated a fantastic...