Terra Financial News

28.09 / 11:55

Terra Terra Luna Classic MPs MPs to Question Terra Co-founder Daniel Shin Amid Ongoing Investigation

Do Kwon and other Terraform Labs executives may still be “on the run” – but South Korean lawmakers have announced they want to question the Terraform co-founder Daniel Shin and other individuals linked with the Terra ecosystem.

27.09 / 18:03

Blockchain regulation Terraform Labs Terra Bitcoin freeze Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon

South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder of Terra blockchain developer Terraform Labs.

27.09 / 13:39

Ethereum Exchange Investment Terra Bitcoin Deribit Valued at $400 Million After a Fundraiser from Existing Investors: Report

27.09 / 01:42

Law regulation Interpol Terra Terra co-founder Do Kwon says he's 'making zero effort to hide' following Interpol notice

Terra co-founder Do Kwon, wanted by South Korean authorities and whose whereabouts are currently unknown, has suggested he’s not changing his routine in response to potential legal action.

26.09 / 15:33

business Binance Altcoin Terra Binance to burn all LUNC trading fees following community feedback

To support the Terra community’s efforts to revive the Terra LUNA Classic (LUNC) token, crypto exchange Binance announced an off-chain burning mechanism last week. However, after receiving mixed reactions from community members, the exchange revised its burning approach.

26.09 / 06:09

defi Terraform Labs Terra Breaking: Interpol 'Red Notice' issued for Do Kwon — South Korea prosecutors

Interpol has reportedly issued a “Red Notice” to law enforcement worldwide for the arrest of Terraform Labs co-founder Do Kwon.

25.09 / 08:27

business Altcoin Taxes Burn Terra LUNC investors react to CZ's 1.2% trading tax recommendation on Binance

The infamous collapse of the Terra ecosystem, which erased market prices of TerraUSD (UST) and LUNA tokens, continues to trouble anxious investors as co-founder Do Kwon, crypto exchanges and the community together tries to identify the best route for a sustainable price recovery.

21.09 / 21:16

Law regulation Terra Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators

Jerry Sambuaga, the deputy minister of Indonesia’s Ministry of Trade, has proposed a rule that would require the leadership at the country’s crypto exchanges to be more representative of its citizens.

20.09 / 13:11

UPS Terraform Labs Terra South Korean Prosecutors Turn to Interpol for Help in Hunt for Do Kwon

Source: Screenshot/YouTube/Coinage

19.09 / 19:45

Law regulation crimes Terra South Korean authorities ask Interpol to issue 'Red Notice' for Do Kwon: Report

South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a "Red Notice" — suggesting global law enforcement agencies may attempt to find and detain him.

19.09 / 14:29

Twitter CEO Terra Prosecutors Hunt for ‘Fugitive’ Do Kwon & Say He Left South Korea ‘in April’

South Korean prosecutors have labeled the Terraform Labs CEO Do Kwon a “fugitive” – and have claimed that he fled South Korea in April – several days before the crash of Terra ecosystem coins like TerraUSD (UST).

15.09 / 11:35

FIVE HANS Terra South Korean Authorities to Void Do Kwon’s Passport and Expedite Deportation

South Korean prosecutors have intensified their efforts to capture Do Kwon, the co-founder and CEO of Terraform Labs – with the Ministry of Foreign Affairs ready to step in to void his passport.

14.09 / 13:31

Provident Southern Terra Luna Is LUNA a Security? South Korean Prosecutors Want to Know the Answer

South Korean prosecutors are looking into whether Terra Luna Classic or LUNC (formerly LUNA) can be considered a security – as they continue their probe into Terraform Labs and Terra ecosystem coins.

06.09 / 15:37

LUNC Terra Terra Classic Luna Terra Luna Classic #LUNAClassic Trending on Twitter as (LUNC) Up Over 1,000% since June

Terra Luna Classic (LUNC) is outshining the rest of the crypto market at the moment as it is now up over 80% in September due to the token burn news.

18.08 / 23:13

Stablecoin regulation Terra Seoul Says It Is Talking to Int’l Counterparts About Streamlined Stablecoin Regulations

17.08 / 16:21

Polkadot stablecoins Terra Deja vu for stablecoins? This token tanks 99% post hacker attack

History repeated itself as the Polkadot-based decentralized finance (DeFi) platform Acala’s native stablecoin, Acala Dollar (aUSD), lost its parity, plummeting 99 per cent and its value was reduced to some fractions of a cent. However, this time, it was a hacking attack that led to this steep fall. aUSD was under pressure after hackers exploited a bug in a newly deployed liquidity pool to mint 1.28 billion tokens. The infamous depegging of Terra Foundations stablecoin is not an old legend for crypto investors, which wiped out about $30 billion from investors kitty in merely 100 hours.

17.08 / 16:03

business regulation Terraform Labs Terra Lawyers Do Kwon reportedly hires lawyers in S.Korea to prepare for Terra investigation

Terraform Labs co-founder Do Kwon has reportedly hired a lawyer from a domestic law firm in South Korea just days after claiming the South Korean authorities are yet to reach out to him or file any charges against him.

15.08 / 13:39

community Terra Do Kwon Interview Sparks Twitter Drama – Before It’s Even Dropped

02.08 / 22:41

business Investments CoinShares Terra Luna Terra reports CoinShares reports $21.7M loss tied to Terra implosion

On Tuesday, European cryptocurrency investment firm CoinShares posted its interim Q2 2022 results. Compared to the prior year's quarter, the firm's revenue declined from 19.6 million pounds ($23.89 million) to 14.2 million pounds ($17.31 million). At the same time, its net income fell from 26.6 million pounds ($32.42 million) in Q1 2021 to 0.1 million pounds ($0.12 million).

02.08 / 14:11

Stablecoin regulation Terra stablecoin regulation Financial Singaporean financial watchdog to consult public on stablecoin regulation

The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (KYC) and Anti-Money Laundering (AML) issues and do not reflect the specific risks to which the stablecoins are entitled.

01.08 / 17:25

Blockchain Insurance Terra Rescue How one crypto insurer came to the rescue when UST depegged

The collapse of LUNA and UST marked a new low point for the crypto industry during the current bear market — but it wasn't all bad news.

Terra Financial News

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