by COINS NEWS - 2 years ago
Korea bars Terra developers from leaving the country
submitted by /u/16431879196842 [link] [comments]
News about Terra
Bitcoin News / Bitcoin.com - 2 years ago
Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors
Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). The case against Terraform Labs (TFL) was filed by...
Cryptocoins Exchanges / Binance - 2 years ago
Guest Post by StrikeX: The Downfall of Unsustainable Yield-Protocols: Terra Luna & Celsius
submitted by /u/Ste19921992 [link] [comments]
Cryptocoins Exchanges / Binance - 2 years ago
COINBASE OUTAGE: COINBASE SUFFERS MAJOR OUTAGE, BINANCE HALTS TERRA LUNA CRYPTO TRADING
submitted by /u/Emotional_Airline_87 [link] [comments]
by COINS NEWS - 2 years ago
Terraform Labs and co-founder Do Kwon sued in U.S. court over the collapse of stable coin TERRAUSD
Do Kwon, the "heartbroken" co-creator of Terra, headlines a raft of defendants named in a class-action suit filed Friday in U.S. District Court in Northern California. Plaintiff Nick Patterson is alleging, among other accusations, th...
by COINS NEWS - 2 years ago
Coinbase sued in relation to promotion of TerraUSD cryptocurrency
submitted by /u/Far-Scholar9028 [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
Magic Internet Money token depegs as Terra (LUNA) domino effect persists
Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens losing their $1 value amid an untimely crypto winter. The sudden de-pegging of the MIM token commenced roughly on June 17, 7:40 p...
Cryptocoins News / The Cointelegraph - 2 years ago
Coinbase is facing class action suits over unstable stablecoins GYEN, TerraUSD
A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin and alleging that it failed to disclose its financial relationship with Terraform Labs. This is the secon...
Cryptocoins Exchanges / Binance - 2 years ago
Terra Luna 2 price Prediction and Tokenomics explained
submitted by /u/gadgetpimp [link] [comments]
by COINS NEWS - 2 years ago
Tron’s USDD Stablecoin Faces Same Fate as Terra Luna’s UST
submitted by /u/Crypto_Gaming_ [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
Korean exchanges agree on emergency system in case of Terra-style collapse
Korea’s leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse threaten to come to pass.Under the new system, exchanges will convene to respond to sudden adverse m...
Bitcoin News / Bitcoinist - 2 years ago
South Korea Prepares New Crypto Laws After Terra Fiasco
Following the recent shockwaves of the (LUNA) crash which had shaken the spirit of many crypto enthusiasts, South Korea’s ruling party, People Power Party (PPP), is reportedly considering new crypto laws to ensure users’ protection and pr...
by COINS NEWS - 2 years ago
New research reveals Terra's collapse may have been an inside job
submitted by /u/kryptoNoob69420 [link] [comments]
Cryptocoins News / Blockchain - 2 years ago
Terra’s Most Anticipated Game, Derby Stars, Migrates to Polygon To Leverage Robust GameFi Ecosystem
Seoul, South Korea, 14th June, 2022, Chainwire Derby Stars, a AAA play-to-earn game centered on horse racing, is migrating to the , moving away from original plans to deploy on Terra. As one of the most anticipated game projects on Terra, Derby St...
Bitcoin News / Bitcoinist - 2 years ago
Terraform Labs Caused Collapse Of Its Stablecoin UST? This Report Says So
The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to t...
Bitcoin News / Bitcoin.com - 2 years ago
Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that...
Bitcoin News / Bitcoin.com - 2 years ago
Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for...
Bitcoin News / Bitcoin.com - 2 years ago
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before...
by COINS NEWS - 2 years ago
Terra model repeats itself: Tron backs its USDD stablecoin with 14,000 bitcoins
A month away from the start of the issuance of Decentralized USD (USDD), the Tron network's own stablecoin, the decentralized autonomous organization (DAO) Tron Reserve unveiled the assets backing the project. Among these, the majority cryptoasse...
Bitcoin News / Bitcoinist - 2 years ago
Terra Dev Claims He Raised Concerns Over Do Kwon Bumping Interest From 3.6% To 20%
The Wu blockchain took to Twitter, explaining that the initial interest rate of the Anchor protocol was initially 3.6% until Do Kwon rejected it. Then, the Terra founder bumped the interest rate to 20% one week before deployment. According to the rep...
Cryptocoins News / The Cointelegraph - 2 years ago
What can other algorithmic stablecoins learn from Terra’s crash?
The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics who understood just how thin the razor’s edge was for TerraUSD (UST) — now TerraUSD Classic (USTC) — I think it’s safe...
Cryptocoins News / The Cointelegraph - 2 years ago
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST
Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years. Numerous unconfirmed reports surfaced on June 11, claiming Kwon’s participat...
Cryptocoins Exchanges / Binance - 2 years ago
Terra Luna Classic Burn Proposal 3568 Passed! Now What? $1 next?
submitted by /u/gadgetpimp [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions
Reports that Terra (the new LUNA orLUNA2) founder Do Kwon allegedly withdrew $80 million monthly before the project crashed surfaced Friday, leading members of the community to voice their opinions on the matter.In a tweet, crypto trader and analyst...
Bitcoin News / Bitcoinist - 2 years ago
Terra’s Do Kwon May Face Charges In The U.S. As Money Laundering Accusations Emerge
Terra CEO Do Kwon has been in hot water ever since the collapse of the network last month. After the UST lost its peg and the price of LUNA (Now LUNC) crashed below zero, there had been calls for investigations into the cause of the crash seeing that...
