Don't Say Terra' and Other Reflections From Korea's Crypto Extravaganza

A series of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean crypto project was not on the agenda.

Do Kwon Hires Law Firm in South Korea Anticipating Legal Battle: Report

The former CEO of Terraform Labs is reportedly hiring a lawyer in preparation for a possible legal battle over the high-profile multibillion-dollar collapse of the Terra ecosystem in May....

Polygon’s head of investments remains ‘highly bullish on web3’

Polygon launched a $100 million ecosystem fund and an "uncapped" fund to help projects built on the now-defunct Terra ecosystem migrate to its blockchain.

Altcoin Built on Cosmos Quietly Rallies 327% This Month As Project Launches New Stablecoin

A decentralized finance (DeFi) altcoin is surging after announcing plans to release a next-generation stablecoin. In a new blog post, the creators of Kujira (KUJI) say that in response to the May...

Ethereum Merge: The Key Events That May Determine ETH Price Reaction

<p>As we near the Ethereum merge, what scenarios will affect ETH sentiment, bullish or bearish and what can be used to determine the success of the merge?</p><p>The Goerli testnet merge (the last...

Do Kwon hires lawyer in preparation for defense in South Korea

Terra co-founder Do Kwon has hired a lawyer in preparation for his defense against South Korea’s legal actions, South Korea-based Naver reported August 17. The post Do Kwon hires lawyer in...

Terra’s Do Kwon Hires Legal Team in South Korea: Report

Kwon and Terraform Labs are facing multiple lawsuits following Terras collapse in May. Terra’s Do Kwon Reportedly Enlists New Lawyers Do Kwon has hired a new team of lawyers in...

Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation

Terra’s Do Kwon reportedly seeks assistance from Korean law firm as investigation heats up

Do Kwon appears to have sought the assistance of lawyers from a domestic law firm to help him prepare for the prosecution’s investigation. He is said to have recently submitted a letter of...

Terra’s Do Kwon reportedly seeks assistance from Korean law firm as investigation heats up

Days after appearing in public following the demise of his company that has sent ripples across the cryptocurrency sector, the... Continue reading The post Terra’s Do Kwon reportedly seeks...

Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation

Terraform Labs co-founder Do Kwon has claimed that Korean authorities haven’t contacted or filed any charges against him in the Terra investigation.

Kraken CEO Jesse Powell Slams Tornado Cash Sanctions

Powell joined the chorus of voices calling the Tornado ban "unconstitutional," adding that it was a "knee-jerk" response to Terra's collapse.

How Did the Volatile Week of Falling Cryptocurrency Markets Affect SafeMoon?

Place/Date: - August 17th, 2022 at 11:37 am UTC · 3 min read Source: Gate.io During the week of May 9, the cryptocurrency market experienced big price swings. Many tokens saw some degree of...

Tornado Cash sanctions are a ‘knee-jerk reaction’ to Terra crash, says Kraken CEO

Jesse Powell, the CEO of cryptocurrency exchange Kraken, has criticized government sanctions against Ethereum (ETH) coin mixing service Tornado cash,... Continue reading The post Tornado Cash...

Do Kwon reportedly hires lawyers: Prepping for legal action?

Earlier this week, Terra founder Do Kwon said that authorities in South Korea haven’t been in touch or…

Will ‘Stablecoins’ now fall under UK regulators’ purview?

Following the downfall of Terra and its algorithmic stablecoin TerraUSD, regulators from across the globe were alerted. The…

Top U.S.-Based Exchange to List Terra Ecosystem Tokens LUNA and LUNC

Poloniex will start trading the tokens from tomorrow.  Leading U.S.-based cryptocurrency Poloniex has announced that it will be listing selected Terra ecosystem tokens despite the controversies...

Are Investors dumping USDC for Tether?

Back in May, Terra’s native stablecoin UST, lost its peg and was trading under the $1 mark. A…

Founder Of Terra Do Kwon Deems The Collapse As Big Betting

The collapse of the algorithmic stablecoin Terra and its native token, LUNA, created a great storm in the cryptocurrency space. Many investors watched as the Terra ecosystem crumbled with TerraUSD...

Terra Launches New Proposal To Airdrop LUNA Coins to Users Who Received Incorrect Allocation in May

The Terra team wants to airdrop more tokens to investors who received incorrect amounts of LUNA during the project’s rebirth. TerraForm Labs (TFL), the company behind the popular blockchain...

An Insult”: Do Kwon’s First Interview Since Terra Failure Flops

Viewers complained that the interview failed to address difficult questions related to Terras failure. Do Kwon’s Terra Interview Slammed Do Kwon has given his first interview since Terra collapsed...

I Bet Big And I Think I Lost" Do Kwon Tells All In Exclusive Interview

UST was an algorithmic stablecoin which was supposed to maintain its peg to the U.S. Dollar. Do Kwon, the founder of TerraForm Labs, Luna and UST, broke down the events following their collapse on...

Crypto community wants new Do Kwon interview because it learned ‘nothing’ from first

The crypto community’s reaction to Do Kwon’s first interview since Terra’s implosion has been lukewarm, with many saying they learned nothing new. The post Crypto community wants new Do Kwon...

Court filings reveal Celsius will run out of money by October

Embattled crypto lender Celsius Network is on track to run out of money by October, according to the firm’s latest Chapter 11 documents. Filed on Aug. 14 to the U.S. Bankruptcy Court of the...

Galaxy Digital Will No Longer Pursue Acquisition of BitGo

Galaxy Digital has announced that it is going to terminate its previously announced acquisition agreement with BitGo, a U.S.-based digital asset trust and security company. Last year, Galaxy had...

Do Kwon breaking silence triggers responses from the community

As the Terra co-founder and CEO Do Kwon breaks his silence about the collapse of the algorithmic stablecoin Terra USD (UST) and LUNA, the community responded with various sentiments against the...

Do Kwon breaking silence triggers responses from the community

Terra co-founder and CEO Do Kwon breaks his silence about the collapse of the algorithmic stablecoin Terra USD (UST) and LUNA. Despite Kwon’s attempts to clear his name in an interview, community...

I alone am responsible,’ says CEO Do Kwon in first interview since collapse

The CEO of Terra has come out to take responsibility for the project’s crash… The post ‘I alone am responsible,’ says CEO Do Kwon in first interview since collapse appeared first on CoinJournal.

Terra (LUNA) Founder: I Have Never Been In Contact With South Korean Authorities

South Korea Authorities Haven’t Been In Contact With Terra’s Do Kwon. After months of being holed up in Singapore, Terra founder now says he has never been in contact with South Korean...

Just a friendly reminder that on this day only 5 months ago Terra (LUNA) was a top 7 coin with a market cap of...

There are two types of currency: BTC and ETH. Bitcoin is the most popular currency, followed by the US dollar. The U.S. dollar is also the most widely used currency in the world. The price of a...

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