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

Mill City shares slide 11% after $500M Sui equity line revealed

Mill City Ventures III, listed on Nasdaq, may raise an additional $500 million to expand its Sui treasury strategy.An...

Strategy Expands STRC Offer to $4.2B as Investor Lawsuits Mount

Strategy increased its fundraising plans for its hybrid STRC security from $500 million to $4.2 billion to acquire more...

Fed Governor Adriana Kugler Resigns, Will Return to Georgetown

Adriana Kugler is stepping down from the Federal Reserve Board, effective August 8. Kugler served as governor since September 13,...

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