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 ...
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.
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 ...
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...
Bitcoin’s crypto dominance is strongest since bull market highsIt now accounts for 44% of total crypto market value, the most since October, just before the latest bull market peaked, based on data from...
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...
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.
Top stablecoin Tether boosts US Treasuries holdingsStablecoins, a variety of cryptocurrencies designed to keep a steady value, are in sharp focus after crypto markets were rocked last week b...
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.
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...