Luna

OpenAI launches cheaper GPT-6 Sol and Luna for coding and work tasks

OpenAI launched GPT-6 Sol at $2 per million input tokens and $10 per million output tokens, and GPT-6 Luna at $0.10 per million input...

Terraform Labs sues Jump Trading for $4B over Luna collapse scandal

The administrator managing Terraform Labs liquidation has filed a $4 billion lawsuit against Jump Trading over alleged illegal profits from Terra’s collapse.The suit claims...

Do Kwon Sentenced to 15 Years for Terra/Luna Collapse Fraud

Do Kwon, founder of Terraform Labs, was sentenced to 15 years in prison for fraud related to the collapse of the Terra/Luna system.Kwon pleaded...

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...

Latest news

IMF: Most tokenized stock trades happen off Wall St hours

More than half of tokenized equity trading happens outside regular U.S. market hours, and about 80% of trades are...

Coinbase BTC mortgage product gets thousands of applications

Coinbase Asset Management President Anthony Bassili said the Bitcoin mortgage down payment product has “thousands of applications” in the...

Zcash to deploy post-quantum signatures by January

Zakura expects post-quantum signature opcodes to land in ZCash in January, enabling hash-based signatures for transparent payments.The approach combines...