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...

Latest news

XRP ETF Most Likely Next Crypto Fund Approval, Says Kaiko Report

XRP ETF approval likely due to high token liquidity and existing leveraged ETF precedent.XRP trading volume on U.S. exchanges...

Securitize Acquires MG Stover, Becomes Largest Digital Asset Admin

Securitize has acquired MG Stover's fund administration business, becoming the largest digital asset fund administrator with $38 billion in...

OpenAI reportedly building social network, challenging Musk’s X

OpenAI is reportedly developing a social media platform that could compete with X and Meta.The potential platform would integrate...

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