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Terraform Labs files for bankruptcy protection in USSingapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 ...- US SEC trial against Terraform Labs postponed to allow Do Kwon extraditionIn an order, US District Judge Jed Rakoff in Manhattan pushed back the trial to March 25 from Jan. 29, with no further delays even if Kwon ...
- Judge sides with US SEC, says Terraform Labs crypto founder Do Kwon violated lawUS District Judge Jed Rakoff in Manhattan sided with the Securities and Exchange Commission in its case stemming from the implosion of the ...
- Crypto founder Do Kwon indicted in US following Montenegro arrest"We also allege that they committed fraud by repeating false and misleading statements to build trust before causing devastating losses for...
- Interpol issues red notice for crypto firm Terraform founder Do KwonTerraUSD, also known as "stablecoin," and its digital coin counterpart, Luna, traded in the 10 cent-range and nearly at zero, respectively,...
- Crypto hedge fund Three Arrows Capital considers asset sales, bailoutThe ten-year-old hedge fund Three Arrows Capital, founded by Su Zhu and Kyle Davies, has hired legal and financial advisers to help it work...
- ‘No future:’ Analysts weigh in on new Luna token’s prospectsLuna 2.0 emerged out of the ashes of crypto entrepreneur Do Kwon’s ecosystem, which collapsed after the TerraUSD algorithmic stablecoin at ...
- New Luna, Old Story: Terra's new token wipes out 70% wealth in less than 48 hoursThe older tokens have been renamed Luna Classic (LUNC), with a market cap of less than a billion dollars, which was more than $40 billion a...
- TerraUSD developers vote to create new blockchain without failed stablecoinTerra backers will distribute the new Luna token to Luna Classic and UST holders. In a tweet, Terra said that it would work with crypto exc...
- Regulators must put up guardrails to protect crypto investors: IMF officialThe shocking implosion of the TerraUSD stablecoin and Luna cryptocurrencies last week threw many young investors into a panic.
- Terra aims to resurrect LUNA after clearing the rubbleOn Terra’s governance proposal portal, 80 per cent of eligible token holders that voted are pushing to rebuild the protocol, minus the algo...
- Crypto-loving South Koreans bet on Luna rising from ashes, worrying regulatorAs the sudden resurgence of buying crossed its radar, South Korea's Financial Services Commission warned people on Tuesday against investin...
- How a trash-talking crypto bro caused a $40 billion crashLast week, Luna and another currency that Kwon developed, TerraUSD, suffered a spectacular collapse. Their meltdowns had a domino effect on...
- Crypto mayhem: $3.5 bn worth Bitcoin in Terra reserve just evaporatedOver $15 billion worth cryptocurrency have been lost ever since the TerraUSD stablecoin crash.
- Major Indian crypto platforms delist stable coin TerraUST, Luna after collapse of Terra NetworkOn May 6, the token had been trading at $80 before the slide started. Alt coin Luna was popular with Indian crypto investors after rising f...
- Crypto Crash: Stablecoin’s collapse deals another blow to Indian investorsThe algorithmic stable coin is supposed to maintain a one-to-one peg against the US dollar but slumped nearly to $.26 to the dollar on Wedn...
- LUNA is now cheaper than Dogecoin! Should you bottom-fish?Terra, which was trading at $118 last month, boasting itself as the eighth largest crypto-token, was the worst of its day on Thursday when ...
- 'Depegged' TerraUSD butchered LUNA; Terra plunged 97% in a monthThe token, which dropped 55 per cent on Tuesday, eroded another 85 per cent on Wednesday. In the last couple of days, it has wiped out abou...
- This major crypto token dropped 60% in 24 hours. Here's what you should doTerra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. It combines the price stabi...
- Cryptoverse: 10 billion reasons bitcoin could become a reserve currencySeoul-based Terraform Labs has so far built up nearly 40,000 bitcoin worth $1.7 billion in a series of purchases via a non-profit affiliate...
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