Luna
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Bitcoin ETFs Post Record $643M Outflow After Binance Hack
U.S. spot Bitcoin ETFs shed $643.2 million on Friday, their biggest outflow of October, following the $6.4 billion Binance...
Back: Bank capital rules make Bitcoin costly for lenders
Blockstream CEO Adam Back stated Bitcoin's third wave of adoption from pension funds and insurers is "still largely to...
DeepSeek developing AI agent requiring less human input
DeepSeek has revealed a design for AI coding assistants that reduces the need for human intervention.The company aims to...
