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Terra co-founder Do Kwon has reportedly hired world’s largest law firm Dentons to help him deal with prosecution and investigation by US federal prosecutors. It’s not the first time Do...
May 29, 2023 08:49
After burning nearly 2.5 billion Terra Classic (LUNC) tokens this month, decentralized finance protocol DFLunc shifted its focus to the highly awaited AI app chain “Block Entropy” by...
May 27, 2023 14:32
Do Kwon remains in jail, and the lower court will be forced to make another decision on his bail ruling.
May 25, 2023 04:35
Terra Classic Price Analysis: Amid the highly volatile market phase, the LUNC price remained in a sideways trend over the past two weeks. However, the daily chart shows this consolidation was...
May 25, 2023 04:12
Kwon and former chief financial officer Han Chong-joon reportedly lived in Serbia before they were caught trying to leave neighboring Montenegro using false documents.
May 24, 2023 17:21
A Montenegrin high court in Podgorica has revoked Terraform Labs co-founder Do Kwon’s bail. According to a May 24 Bloomberg report, a spokeswoman for the court Marija Rakovic said the court...
May 24, 2023 16:18
In a dramatic reversal, the Montenegro High Court has overruled a prior decision that permitted Terraform Labs co-founder Do Kwon, embroiled in a high-profile scandal, to be released on bail
May 24, 2023 16:07
Crypto News: According to recent reports, the bail approval of controversial crypto entrepreneur Do Kwon and his subordinate Han Chang-Joon has been scrapped by the Montenegro High Court. The...
May 24, 2023 15:24
Terra Classic core developer team Joint L1 Task Force (L1TF) announces plans to work on TerraClassicUSD (USTC) repeg to $1 after completing the CosmWasm v1.1.0 parity upgrade. The L1TF with work...
May 24, 2023 12:01
Top crypto exchanges Binance, Kucoin have already announced support for upgrade
May 23, 2023 16:25
The world’s largest crypto exchange Binance on Tuesday said it will support the Terra Classic network upgrade to increase the LUNC burn tax from 0.2% to 0.5% as per Proposal 11515 passed by...
May 23, 2023 05:49
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.
May 22, 2023 20:30
LUNC Price Analysis: A down-slopping trendline (yellow) governs the ongoing downtrend in Terra Classic (LUNC) price. Starting from the peak value of $0.000211 on Feb 3rd, the coin’s price...
May 22, 2023 19:13
Despite its rather short history, the cryptocurrency industry has gone through some real shockers. Here are some examples.
May 22, 2023 17:50
Terra Classic developer group Joint L1 Task Force (L1TF) has announced the official date of the CosmWasm v1.1.0 parity upgrade. It is one of the biggest upgrades since the Terra Classic community...
May 22, 2023 08:13
The Terra Classic developer Joint L1 Task Force (L1TF) successfully completed the v2.0.1 upgrade without any issues. Joint L1 Task Force developer group were joined by key members including core...
May 18, 2023 17:26
Crypto News: According to recent reports, the local prosecution team has contested the bail approval of controversial crypto entrepreneur Do Kwon and his subordinate Han Chang-Joon in the basic...
May 18, 2023 16:24
Case files on the prosecutors' appeal were sent to the Supreme Court in Podgorica for a decision.
May 18, 2023 08:44
Terra co-founder Do Kwon reportedly withdrew 2.8 billion won ($2.15 million) worth of digital assets before his bail was approved by a Montenegro court, according to reports by several South Korean...
May 18, 2023 06:53
Montenegrin prosecutors stand on Kwon's way to get released from detention.
May 17, 2023 12:08
The world’s largest crypto exchange Binance on Wednesday said it will support the Terra Classic v2.0.1 network upgrade and Kava 13 mainnet upgrade. The crypto exchange will suspend deposits...
May 17, 2023 08:52
According to recent court filings by the Securities and Exchange Commission (SEC), the Chicago-based firm Jump Trading LLC secretly propped up Terra (UST), the algorithmic stablecoin created by Do...
May 16, 2023 23:30
Four proposals related to increasing burn tax, LUNC burn, and staking were passed by the Terra Classic community. The proposals outline key changes including raising the LUNC burn tax to 0.5%,...
May 16, 2023 18:12
Pepe Coin contract has a burn functionality, which will reduce the circulating supply and boost the PEPE price. A project, which has been burning millions of Terra Classic (LUNC) in the last few...
May 16, 2023 12:50
Terra Classic new project DFLunc, gaining popularity for its massive LUNC burn mechanism, has burned almost 2 billion LUNC tokens in two weeks. The DeFi protocol was launched in April to deflate...
May 15, 2023 20:05
Last week was harsh for the United States Securities Exchange Commission, with industry figures and officials publicly criticizing the regulator.
May 15, 2023 14:27
Tether (USDT), the world’s largest stablecoin by market capitalization, was one of the dollar-pegged cryptocurrencies to have been affected by the collapse of the Terra ecosystem. Now – a...
May 14, 2023 06:40
Jump Trading and its CEO Kanav Kariya are accused of violating United States regulations and unjust enrichment in the lawsuit.
May 13, 2023 18:00
After denying many proposals related to raising LUNC burn and burn tax, the Terra Luna Classic community finally decided to increase the LUNC burn tax. The move came as LUNC price fell below...
May 13, 2023 17:11
The Proposal for v2.0.1 Upgrade submitted by Terra Classic core developer Joint L1 Task Force (L1TF) has passed the threshold limit. This is a major upgrade on the LUNC blockchain, along...
May 13, 2023 14:10
According to a recent report published by a Montenegrin news outlet, the co-founder of Terraform Labs, Do Kwon, is expected to be freed from prison awaiting trial following a court approval to a...
May 12, 2023 12:24
The Montenegro court accepted the offered bail in the amount of $436,000 per person for Do Kwon and his former aide Han Chang-joon.
May 12, 2023 12:16
After his arrest in March in Montenegro, Kwon is facing trial for traveling on forged documents to the Southeastern European country.
May 12, 2023 12:03
Terra co-founder Do Kwon has pleaded not guilty to using forged travel documents in Montenegro, where he is detained, Bloomberg reported May 11. The crypto entrepreneur was arrested by Montenegro...
May 11, 2023 15:27
Lawyers said Do Kwon and Han Chang-joon could be released on bail and largely confined to a Montenegro apartment with the “obligation to periodically report to the state authority.”
May 11, 2023 14:58
Controversial crypto entrepreneur, Do Kwon, entered a not-guilty plea in a Montenegrin court after being arrested on an international warrant and accused of traveling with fake documents. This...
May 11, 2023 13:23
Terra co-founder Daniel Shin will appear at the Seoul Southern District Court for his first trial on May 26. South Korean prosecutors indicted Daniel Shin and nine others on multiple charges...
May 11, 2023 08:17
On the anniversary of the LUNA crash, Binance CEO Changpeng Zhao (CZ) reflected on the lessons learned from the event, which saw $40 billion in value lost and Bitcoin’s significant dip. He...
May 11, 2023 06:51
LUNC Price Analysis: Under the influence of a downsloping trendline, the LUNC price has witnessed an aggressive fall over the past three months. From the peak of $0.000208, this downfall tumbled...
May 10, 2023 16:53
A new Terra Classic project launched in April has burned over 1.5 billion LUNC tokens in the last few days. The protocol aims to burn billions of LUNC to deflate the circulating supply more...
May 10, 2023 16:39
Terra Classic core developer Joint L1 Task Force (L1TF) submitted Proposal 11511 for governance voting to upgrade the Terra Classic network to v2.0.1. This is a major upgrade on the LUNC...
May 10, 2023 11:22
Now iconic meme, Kwon's message serves as stark reminder of risks and volatility in crypto space and consequences of misplaced confidence
May 9, 2023 15:05
Terraform Labs, co-founded by Do Kwon and Daniel Shin, transferred Convex Finance (CVX) tokens worth millions to another wallet on Tuesday. The transfer has come almost a year after the Terra-LUNA...
May 9, 2023 10:29
A South Korean prosecutor revealed that Terra founder Do Kwon faces more than 40 years imprisonment if convicted. The post Terra Founder Do Kwon Faces 40 Years in Jail If Convicted, South Korean...
May 6, 2023 20:00
Prosecutor says Do Kwon's extradition to South Korea would best serve Terraform Labs' victims: Report
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities.
May 5, 2023 17:15
Disgraced cryptocurrency entrepreneur Do Kwon could be facing unprecedented jail term of up to 40 years in South Korea
May 5, 2023 16:10
South Korean prosecutors on Friday said Terra founder Do Kwon who is facing trials in Montenegro should be extradited to South Korea. Prosecutors have been investigating and collecting pieces of...
May 5, 2023 14:34
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs.
May 5, 2023 04:00
Terra Classic (LUNC) developer group Joint L1 Task Force has successfully upgraded the rebel-2 testnet to v2.0.0 with Cosmos SDK v0.45. This is a major accomplishment for the Terra Classic...
May 4, 2023 17:46
Terra Classic has made a significant move in the world of cryptocurrency with the passing of the LUNC Proposal 11487, and it’s leaving many wondering: what does this mean for the future of...
May 2, 2023 05:25
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