Category: Terra (LUNA)
Terraform Labs Announces to Cease Operations After $4.5 Billion SEC Settlement
Terraform Labs is planning to sell important projects based on the Terra network. Once the sales are concluded, the firm will hand over control of…
Do Kwon Seeks SEC’s Trial Delay: Here’s Why
Extradition Challenges Multiple reports reveal that Do Kwon, Terraform Labs’ co-founder, formally petitioned the United States District Court for the Southern District of New York…
SEC Demands Summary Judgement In Do Kwon’s Case
Challenging Jury’s Verdict The US Securities and Exchange Commission (SEC) is appealing the recent Terraform Labs verdict. According to reports, the commission is requesting a…
Leaked Slack Chats Are Insufficient Evidence – Do Kwon Argues
The Leaked Slack Conversation The embattled Terraforms Labs founder, Do Kwon, has refuted an exposed Slack message presented as evidence of his alleged engagement in…
Celsius Network Secures Approval For Altcoin To BTC Conversion
The bankrupt crypto lender, Celsius, has been given the nod to convert its altcoins into Bitcoin (BTC) or Ether (ETH). The US Bankruptcy Court approved…
How Crypto Can Take A Central Role In Future Financial Transactions
Crypto transaction costs are dropping to their lowest thanks to a slew of innovations that have become regular features of the industry. Accordingly, crypto payment…
KuCoin Announces Support For Terra Classic’s Burn Tax Initiative
One of the top global crypto exchanges, KuCoin, recently announced its support for Terra Classic’s LUNC burn tax program. Based on the new policy, the…
Tether Holdings Q1 Earnings Increases, Reserves Also Shoot Up
The first quarter of 2023 was a huge win for Tether Holdings, the USDT stablecoin issuer, as the firm reportedly withdrew $4.5 billion from banks…
New York Attorney General Wants State Regulators To Oversee Crypto
Media sources report that the Attorney General of New York, Letitia James, recently introduced a bill to increase the New York Department of Financial Services’…
Terra CEO Is Being Hunted By The Authorities
There was close to no chance of the creator and Terra corporation employees getting rid of the information connected to the lawsuit in a suit…
BlockFi Rescue from Terra’s Collapse Short-lived as FTX Drags it to Bankruptcy
BlockFi recovery from Terra’s Stablecoin turned short-lived as the crypto lender joined the rescuer – FTX, in filing for bankruptcy. BlockFi’s statement on November 28…
Former FTX CEO Admits Being Careless And Overconfident Before Collapse
On Wednesday, the former chief executive of crypto exchange FTX, Sam Bankman-Fried admitted that as the company grew into a $32 billion giant, it had…
Price of LUNA 2.0 is Set for a 60% Rally
It was just the beginning of June when Terra 2.0 was launched. The moment it hit the cryptocurrency exchanges, its price skyrocketed. The price of…
1 Billion UST To be burned by Investors to Help Revive LUNA’s Value
It’s been more than two weeks since the Terra network has experienced a great crash. Since then, several attempts have been made by the teams…
Terra Hard Fork May Save Terra Ecosystem, Proposes Do Kwon
Even after an entire week, the teams behind the creation of the Terra network are trying their best to recover it. On Monday, the co-founder…
Terra (LUNA) Hits New ATH of $81, Flipping BSC in DeFi TVL
Terra’s LUNA is decoupling from the price trends by the overall cryptocurrency market. As top coins such as Bitcoin and Ethereum battle sideways movements, LUNA…
CryptoIRA Adds Terra as LUNA Targets 30% Upswing to ATH
Briefly – Terra has had its price rallying 10% to hit the $34.78 ATH. CryptoIRA adds LUNA and 19 other cryptocurrencies. LUNA has to battle…
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