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Terraform Labs founder Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapseKwon, 33, who co-founded Singapore-based Terraform Labs and developed the TerraUSD and Luna currencies, entered the plea at a court hearing...- 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 ...
- US judge considers whether Terraform Labs' cryptocurrencies were securitiesTerraform Labs and its founder Do Kwon were behind two cryptocurrencies whose implosion roiled crypto markets around the world last year.
- Bitcoin drops more than 4% on hawkish Fed rhetoric, US clampdownThe largest digital token slid as much as 4.2% and was trading below $24,000 as of 7:55 a.m. Friday in Singapore. Smaller tokens such as Et...
- Terra investors in India lost big. Now they face the taxmanThere were over 160,000 investors that held Luna on the exchange on May 9 and by May 15 the number grew by 77% in India, according to Rajag...
- 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...
- 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 ...
- 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...
- 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...
- The 6 Best New Cryptocurrencies to Invest in May 2022
- 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...
- Terra is working to revive LUNA. Will it revisit its old glory?The depegged stablecoin of Terra foundation, named UST, death spiralled below $0.15 from $1, wiping out more than $30 billion from the inve...
- Top cryptocurrency prices today: Cardano, Solana, Bitcoin, Avalanche zoom up to 19%The global cryptocurrency market cap was trading sharply higher at the $1.31 trillion mark, rising close to 3 per cent in the last 24 hours...
- 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...
- 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...
- 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...
- Why Terra jumped 85% in a week despite heavy volatilityTerra has more than doubled in the last one month, rallying as much as 115 per cent. The token has surged about 85 per cent in the last one...
- This top token has surged 15,000% in one year. Does it have more steam left?On a year-to-date basis, the token has surged about 12,000 per cent, the data from Coinmarketcap suggested. For perspective, if you had inv...
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