Terra Classic

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...

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Mobile Game Bitcoin Miner Pays Real Crypto, But Daily Rewards Limited to Market Conditions

Mobile application Bitcoin Miner distributes actual Bitcoin rewards to players through daily activities and challenges. Players can earn up to...

Nvidia Halves Price of AI Brain for Robots With New $249 Jetson Chip

NVIDIA introduces $249 Jetson Orin Nano Super with 67 TOPS AI processing power. New device operates at 25 watts while...

Trump Plans U.S. Bitcoin Strategic Reserve, Sending Crypto Past $100,000

Trump announces plans to establish a U.S. Bitcoin strategic reserve, pushing Bitcoin Price above $100,000. MicroStrategy's Michael Saylor presents framework...

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