Luna

Sonic blockchain unveils high-yield stablecoin despite Terra-Luna fears

Sonic blockchain is developing a high-yield algorithmic stablecoin offering up to 23% APR, despite concerns about potential collapses similar to Terra-Luna.Sonic co-founder Andre Cronje...

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...

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Trump family’s $2B crypto deal threatens bipartisan Senate bill

Democrats are raising concerns about a $2 billion cryptocurrency deal linked to President Trump's family and a foreign government.The...

Celsius Founder Alex Mashinsky Gets 12 Years, Prison Delayed for Wedding

Celsius founder Alex Mashinsky received a 12-year prison sentence for fraud and token manipulation.He must forfeit $48 million and...

Celsius Ex-CEO Alex Mashinsky Sentenced to 12 Years for Fraud

Former Celsius CEO Alex Mashinsky sentenced to 12 years in prison for fraud by the US federal court in...

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