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FTX's Bankman-Fried to face market manipulation probe, Do Kwon chimes in

[Dec 8, 2022 1:00 AM] As part of a broader inquiry into FTX's collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra LUNA.

Terra Classic Surges By 17%; Korean Prosecutors Seek Arrest of Co-Founder

[Dec 2, 2022 7:44 AM] With the implosion of the LUNA coin, the Terra ecosystem was devastatingly hit within a few days in May 2022. The successor, Luna Classic (LUNC), currently once again surged in price. LUNC briefly rose to $0.00019439, registering a 20% price…

South Korea issues arrest warrant for Do Kwon's former colleagues

[Nov 30, 2022 2:12 AM] Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives.

Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity

[Nov 28, 2022 11:05 AM] It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per…

Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020

[Nov 21, 2022 3:30 PM] The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second…

Celsius had 'insufficient' accounting and operational controls, says examiner

[Nov 20, 2022 9:56 PM] The examiner revealed that Celsius’ digital assets in its customer’s Custody wallets account officially became underfunded on Jun. 11.

FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags

[Nov 13, 2022 9:30 AM] Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on…

Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets

[Nov 10, 2022 10:31 AM] Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically…