… close to $100 billion.”
“I’ve never thought about what could happen to me if this fails,” Kwon said.
The Terra creator said there was likely an insider at Terraform Labs who took advantage of information on the protocol’s vulnerabilities …
… DAOs on Terra”
The Enterprise Protocol is one of the first Terra-built projects following the ecosystem’s collapse
The Terra collapse triggered a $2 trillion crypto crash earlier this year. Now, Terraform Labs is plotting a comeback.
On Friday, Terra …
Suit claims that Terra leaders Do Kwon, Nicholas Platias and others conducted business “through a pattern of racketeering activity”
TerraForm Labs failed to register TerraUSD (UST), Terra (LUNA) and other tokens, the complaint says
Law firm Bragar Eagel & Squire has launched …
… authorities to check whether he evaded taxes
Cryptocurrency exchanges in South Korea are being searched for links to the infamous Terraform Labs, the organization behind the Terra ecosystem in the wake of its stablecoin crash.
Yonhap News reported seven local exchanges …
Terra’s UST’s fate hasn’t deterred traders from experimenting with TRON-powered algorithmic stablecoin USDD
Bitcoin dominance has risen 15% to almost half of the entire crypto market
It’s been a month since Terra’s algorithmic stablecoin UST …
… CEO of Umee wants MakerDAO to adopt ATOM as a collateral asset to mint DAI
In the wake of the TerraUSD (UST) collapse, the Cosmos ecosystem has increasingly looked to onboard alternatives to meet stablecoin demand, such as bridged DAI and …
… in motion
UK regulators are concerned about the risks stablecoins pose to the wider financial system after the collapse of TerraUSD, an algorithmic stablecoin that lost its 1:1 peg to the US dollar earlier this month, plummeting to less than …
… filed a formal complaint against founder Do Kwon and co-founder Shin Hyun-seong
Investigations into South Korean crypto startup Terraform Labs – the firm behind failed stablecoin ecosystem Terra – are ramping up.
Led by its joint financial and securities crime investigation …
… dropped by more than half as activity from an extensive sell-off begins to cool
The latest iteration of the Terra blockchain (Terra 2.0) is off to a rocky start with its native token LUNA having fallen considerably following the …
… had de-pegged from the dollar. It was down to about 7 cents at 1:00 pm ET on Tuesday. Terra’s LUNA token is at a fraction of a cent.
Castle Island Ventures co-founder Nic Carter described Terra’s …