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

Nvidia’s OpenAI Investment Could Be Its Last Before IPO

NVIDIA CEO Jensen Huang indicated the company's recent $30 billion investment in OpenAI may be its last before the...

Bitcoin Outperforms Oil, Gold in US-Iran War Shock

Bitcoin has surged 12.1% since the onset of the US-Israeli conflict with Iran, outperforming traditional wartime assets.Gold has dropped...

Tradeweb Leads $31M Crypto Platform Crossover Series B

Tradeweb is leading a $31 million Series B in Crossover Markets, valuing the crypto ECN at $200 million.The deal...

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