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Terra

Terra’s Mirror protocol allegedly suffered second exploit and on verge of collapse, analyst says
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1 June, 2022

Terra’s Mirror protocol allegedly suffered second exploit and on verge of collapse, analyst says

A pseudonymous analyst called "FatMan" has spoken up about the exploit and said that the protocol might collapse as the...
South Korea looking to tighten supervision of digital currency exchanges
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31 May, 2022

South Korea looking to tighten supervision of digital currency exchanges

The country's parliament plans to introduce laws that will increase the supervision of digital currency exchanges, as discussed during a...
South Korean police want exchanges to freeze funds connected to Terra’s LFG
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26 May, 2022

South Korean police want exchanges to freeze funds connected to Terra’s LFG

South Korean police have sent notices to digital currency exchanges requesting that they freeze all funds related to Luna Foundation...
Bitcoin is CASH, says BSV developer Joshua Henslee
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25 May, 2022

Bitcoin is CASH, says BSV developer Joshua Henslee

In his recent video, Joshua Henslee talks about how Bitcoin is and always was supposed to be cash, how it...
G7 countries demand rapid digital currency regulations following Terra tokens collapse
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24 May, 2022

G7 countries demand rapid digital currency regulations following Terra tokens collapse

The G7 inter-governmental political forum is the latest global body to highlight the need for digital currency regulations, imploring the...
South Korea reinstates investigative unit ‘Grim Reapers of Yeoui-do’ to investigate Terra
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21 May, 2022

South Korea reinstates investigative unit ‘Grim Reapers of Yeoui-do’ to investigate Terra

The unit is a joint financial and securities crime investigation team from the Financial Services Commission and the Financial Supervisory...
Key members of Terraform Labs’ legal team resign after LUNA UST collapse
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19 May, 2022

Key members of Terraform Labs’ legal team resign after LUNA UST collapse

The legal team members include General Counsel Marc Goldich, Chief Corporate Counsel Lawrence Florio, and Chief Litigation and Regulatory Counsel...
Following LUNA UST crash, South Korea emphasizes need for digital currency regulations
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19 May, 2022

Following LUNA UST crash, South Korea emphasizes need for digital currency regulations

The country’s regulators have said they will use the Terra debacle to raise awareness among digital asset investors following the...
UST LUNA crash is just a preview of what’s to come—winter is officially here
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18 May, 2022

UST LUNA crash is just a preview of what’s to come—winter is officially here

An algorithmic stablecoin lost its peg to the U.S. dollar, and as a result, it caused the algorithm to print...
LUNA and UST crashed again, raising questions about stablecoins
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11 May, 2022

LUNA and UST crashed again, raising questions about stablecoins

The prices of inter-linked LUNA and UST tokens on the popular Terra network tanked this week, causing leading exchanges, including...
US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena
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22 February, 2022

US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena

Do Kown had argued that the securities regulator doesn’t have jurisdiction over him as he is a Korean national and...
Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether
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11 January, 2022

Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether

UST, originally created to withstand up to 91% of the decline in value of LUNA (according to Terra white paper),...