Terra Classic

Terra Founder Do Kwon to Face US Justice After Montenegro Approves Extradition

Montenegrin Justice Minister announces Do Kwon's extradition to United States. Decision follows Supreme Court's validation of extradition requirements. Previous ruling favored South Korea...

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...

Terraform Labs Faces Trial in New York Amid Fraud Allegations

Terraform Labs and Do Kwon go on trial in New York for fraud.The SEC accuses them of deceiving investors about the TerraUSD stablecoin.Kwon is...

Major Update in Terra Classic Ecosystem: 800 Million USTC Set for Burn and Migration

KEYTAKEAWAYDeveloper Fragwuerdig is testing the burn of 800 million USTC in preparation for a major contract migration.The community agreed on burning the USTC due...

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...

Terra Classic Embraces Upgraded Potential: Revitalizing the Blockchain Ecosystem with v2.1.0

The vote to implement the v2.1.0 upgrade, submitted by the core development team, "Joint L1 Task Force (L1TF)", was unanimously approved by the Terra...

DFLunc’s Remarkable LUNC Burning Mechanism Incinerates Billions, Fueling Terra Classic’s Transformation

Terra Classic's new project, called DFLunc, is gaining popularity due to its efficient LUNC burning mechanism, which burned almost two billion coins in two...

Latest news

Retail Investors Can Now Buy Tokenized Shares of SpaceX via Blockchain

Retail investors can now buy blockchain-based fractional shares in SpaceX through Republic. These digital tokens offer exposure to SpaceX’s valuation,...

EU Commission Eases Stablecoin Stance, Calms Bank Run Concerns

The European Commission downplayed the risk of bank runs linked to stablecoins after concerns raised by the European Central...

Iranian Hackers Launch AI-Driven Phishing Attacks on Israelis

An Iranian state-backed Hacking group targeted Israeli journalists, Cybersecurity professionals, and academics in a recent spear-phishing campaign. The attackers used...

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