Luna

Terraform Labs Cleared to Wind Down Amid $4.47 Billion SEC Settlement

U.S. Bankruptcy Judge Brendan Shannon approved Terraform Labs' wind-down plan on September 19, 2024.The company agreed to a $4.47 billion settlement with the SEC.Terraform...

Terraform Labs and Do Kwon Reach Tentative Settlement with SEC

Terraform Labs and founder Do Kwon have settled with the U.S. SEC.The settlement follows a civil fraud trial in New York.The SEC sought a...

Crypto Tycoon Do Kwon Sentenced to Prison in Montenegro for Passport Forgery

A Montenegro court has sentenced South Korean cryptocurrency tycoon Do Kwon to 4 months in prison for using fake passports.Do Kwon was charged in...

Terraport’s Terra-ble Security: DeFi Exchange Loses $2M in Latest Breach

Terraport Finance, a decentralized finance (DeFi) exchange project on the Terra Classic blockchain, suffered a major security breach on April 10, resulting in the...

South Korean Prosecutors Seize $160M in Assets Linked to Terraform Labs Collapse

South Korean authorities have seized property worth around $160 million from eight individuals linked to the collapse of Terraform Labs, including its co-founder Daniel...

Do Kwon arrested in Montenegro while attempting to enter the country with false documentation

Do Kwon, the co-founder of failed cryptocurrencies terra USD (UST) and luna (LUNA), was caught by authorities in Montenegro, southern Europe, attempting to enter...

Terra Luna Classic: Becoming interoperable again in the Cosmos ecosystem

Terra Luna Classic is on the verge of a major development, as it is about to re-enable "Inter Blockchain Communication" (IBC) - i.e. communication...

Binance’s proposal for the Terra Luna Classic Burn Tax

Binance has shown the light at the end of the tunnel for the Terra Luna Classic (LUNC) community.Through its CEO, Changpeng Zhao (CZ), it...

Latest news

Bybit Exchange Suffers $1.5B Hack, Sees $5.5B in Customer Withdrawals

Cryptocurrency exchange Bybit experienced a $1.5 billion hack, leading to total outflows exceeding $5.5 billion. The exchange's total assets dropped...

Businessman Loses Rs 1.92 Crore in Facebook-Based Cryptocurrency Scam

An Ahmedabad businessman lost Rs 1.92 crore through a sophisticated social media-based cryptocurrency investment scam. The scammer used a fake...

Asteroid Impact Risk Drops: ESA Reports 2024 YR4’s Earth Collision Probability Down to 0.16%

Asteroid 2024 YR4's Earth impact probability decreased from 2.8% to 0.16%, based on European Space Agency's latest calculations. The space...

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