Cryptocoins News / Blockchain - 1 year ago
Prime Core Technologies, parent of Prime Trust, experienced an $8 million financial setback due to investments in TerraUSD, a stablecoin, leading to bankruptcy proceedings in August 2023, highlighting the cryptocurrency market's volatility. (Read Mor...
Cryptocoins News / The Cointelegraph - 1 year ago
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin....
by COINS NEWS - 1 year ago
submitted by /u/Current_Argument_687 [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. Layer-1 blockchain Terra h...
Cryptocoins News / The Cointelegraph - 1 year ago
The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. Layer-1 blockchain Terra h...
Cryptocoins News / Finance Magnates - 1 year ago
In a surprising turn of events, Terra, the renowned blockchain that collapsed in May last year, has found itself in the midst of a security crisis. The platform's website fell victim to a sophisticated phishing attack that has left users vulnerable t...
by COINS NEWS - 1 year ago
submitted by /u/Benry26 [link] [comments]
by COINS NEWS - 1 year ago
LUNC is in the news again since its community voted to burn 800 million USTC. This is leading many to expect a massive pump and crypto news sources are hyping it up accordingly. However, this is a particularly bad crypto bet. Having already infamous...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission (SEC) has doubled its investigation efforts on Terraform Labs by teaming up with the South Korean government to gather more evidence into Terraform Labs’ operations. SEC And South Korea Agai...
Cryptocoins News / Blockchain - 1 year ago
The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform....
by COINS NEWS - 1 year ago
submitted by /u/chumeanbro [link] [comments]
Bitcoin News / Bitcoinist - 1 year ago
In a significant legal development, US District Judge Jed Rakoff granted the US Securities and Exchange Commission (SEC) the authority to collaborate with the South Korean government in its probe against Do Kwon’s Terraform Labs co-founder, Daniel Sh...
Cryptocoins News / The Cointelegraph - 1 year ago
The Securities and Exchange Commission wants to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs. The United States Securities a...
Bitcoin News / Google News Bitcoin - 1 year ago
Terra Classic price prediction as LUNC plans Bitcoin BRC-20 support& & Finbold - Finance in Bold
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin Bridge Coming To Terra Luna Classic, LUNC To $1?& & CoinGape
Bitcoin News / Google News Bitcoin - 1 year ago
Terra Luna Classic Price Prediction Outperformed by this Bitcoin ...& & NullTX
Cryptocoins News / The Cointelegraph - 1 year ago
The SEC claims a court ruling gives it authority over crypto, setting up a possible counter-argument in dismissal motions brought against it. A recent filing from the...
Cryptocoins News / Finance Magnates - 1 year ago
The number of cryptocurrency companies licensed by Singaporean authorities has just significantly increased. This surge is attributed to TerraPay, a payment service provider, and Blockchain.com, a platform that allows for the exchange of digital asse...
by COINS NEWS - 1 year ago
submitted by /u/ThrowawayHoper [link] [comments]
Bitcoin News / Google News Bitcoin - 1 year ago
Securing Funding For Lawyers? Terra’s Do Kwon Sells More Bitcoin | Bitcoinist.com& & Bitcoinist
Bitcoin News / Bitcoinist - 1 year ago
submitted by /u/milonuttigrain [link] [comments]
Bitcoin News / Google News Bitcoin - 1 year ago
Terra Founder Do Kwon Sells More LFG-Linked Bitcoin As SEC Lawsuit Moves Ahead& & CoinGape
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1.14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin...
by COINS NEWS - 1 year ago
submitted by /u/economist_kinda [link] [comments]
Cryptocoins News / The Cointelegraph - 1 year ago
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research....
