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TERRA LUNA CRASH
Terraform Labs approved for bankruptcy wind-down after US SEC settlementTerraform, which filed for bankruptcy in January, agreed to a $4.47 billion SEC settlement after a jury in Manhattan found the company liab...
Crypto fugitive Do Kwon sentenced to 4 months in prison for passport forgeryDo Kwon, the co-founder of Terraform Labs, and his aide have been sentenced to four months in prison by a Montenegro court on charges of us...
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,...
‘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 ...
Amid headwinds, Do kwon standing against all odds to revive TerraTerra's ecosystem has imploded as terraUSD (UST) algorithmic stablecoin was dragged from $1 earlier this month. This had also jittered the ...
Is the recent crash a shot in the arm for RBI's stand on not allowing private cryptocurrencies?In an exclusive conversation with The Economic Times, the RBI governor Shaktikanta Das said that cryptos are speculative and "you cannot re...
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.
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...
Luna investors’ wealth wiped out: What cryptocurrency investors should doLuna’s problems are rooted in the fall of its sister coin Terra. The algorithmic stable coin is supposed to maintain a one-to-one peg again...
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.
Venture capital firms learn an expensive lesson in Terra, Crypto crashThe after-effects of Terra’s collapse are making venture capital firms reinforce the value of fundamentals to their Web3 portfolio companie...
Indian crypto investors rejig portfolios as bears continue to pull down marketMost investors have seen their portfolios sink deep into the red as carnage continues in the crypto market due to a confluence of factors i...
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...
Coinbase suffers major outage, Binance halts Terra Luna crypto trading"We are aware that some customers are having issues trading and accessing accounts on Coinbase and Coinbase Pro. Your funds are safe, and w...
Hackers hit top crypto data websites amid crypto meltdownCrypto data websites Etherscan, CoinGecko, DeFi Pulse and others reported such phishing attacks, reports CoinDesk. The phishing attack appe...
Indian exchanges delist LUNA after 100% crash in tokenLUNA has tanked to merely a few decimal cents from its peak of $118, wiping out 100 per cent wealth of the investors. Overall, the token ha...
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 ...
Top cryptocurrency prices today: Terra crashes 80% in 48 hours; Shiba Inu, Solana reboundThe global cryptocurrency market cap was trading sharply lower at $1.43 trillion, rising a per cent in the last 24 hours. However, the tota...