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Tag: LUNA - Terra

S.Korea’s parliament audit on Terra-LUNA falls short of expectations

Thursday’s parliamentary audit of South Korea’s top financial regulator, the Financial Services Commission (FSC), was expected to answer some pressing questions related to the...

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For South Korea, making Do Kwon pay for his alleged crimes easier said than done

South Korea’s attempts to bring Terraform Labs Pte. Ltd. Chief Executive Officer Do Kwon to justice are due to face legal and operational hurdles,...

Binance launches Ethereum staking ahead of Merge upgrade

In this issueBinance: Buying the MergeTerra: A crypto comeback?e-CNY: Payment planFrom the Editor’s DeskDear Reader,The Ethereum network’s Merge upgrade is finally upon us, and...

Markets: Bitcoin rises slightly, Ether and Ethereum Classic gain amid price run for alternatives

Bitcoin rose slightly in Tuesday morning trading in Asia after falling below the key resistance line of US$20,000 on Monday morning. Ether posted the...

South Korean prosecutors said to have raided Terra cofounder Shin’s residence

South Korean prosecutors’ search and seizure campaign on Terra-LUNA and affiliates includes raiding the private home of Terraform Labs cofounder Daniel Shin, or Shin...

Terra subsidiary used as funds channel for overseas affiliates: report

South Korean prosecutors have reportedly identified what is believed to be a Terraform Labs subsidiary in South Korea, FLEXE Corporation, which was allegedly used...

South Korea’s Uprise said to have lost US$20 mln in client funds on LUNA short

The South Korean fintech startup that operates digital asset management and trading services reportedly had over US$20 million, or 99% of its client funds,...

Terra CEO Do Kwon denies allegations of fraud

In his first interview after the collapse of TerraUSD (UST) and its sister token LUNA in May, CEO Do Kwon dismissed allegations of fraud...

S.Korea blocks ex-Terra employees from leaving country amid investigation

The prosecutor’s office in Seoul on Tuesday said it banned former employees of Terraform Labs Pte. Ltd. in South Korea from leaving the country...

What lessons can we learn from Terra’s LUNA/UST meltdown?

The recent sell-off of the crypto market was highlighted by Terra’s LUNA/UST failure, which left investors in shambles, erased tens of billions of dollars...

Do Kwon and Terra lose appeal to impede SEC investigation

Terraform Labs Pte. Ltd. and chief executive officer Kwon Do-hyung, widely known as Do Kwon, on Wednesday lost an appeal to impede an investigation...

Terra’s LUNA moonshot can’t escape gravity of market misgivings

In this issue Terra’s new moon: Houston, we have a problemCrypto markets: Is the worst over?China’s CBDC giveaways: Two birds, one stone From the editor’s desk Dear...

Terra LUNA’s sacrifice pushes UST to US$0.84

TerraUSD (UST) climbed to a high of US$0.84 on Thursday after Terra proposed a network upgrade to increase the blockchain’s native token LUNA, in...

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