7 / 7 Relevant items tagged with #Terra

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Japan recommends against algorithmic backing in stablecoins

[Dec 7, 2022 4:45 AM] The potential legal status of the Japanese Financial Service Agency’s recommendation is not clear as the current legislation is silent on algorithmic stablecoins.

South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon's former associates

[Dec 2, 2022 3:30 PM] Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform.

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.

How stable are stablecoins in the FTX crypto market contagion?

[Nov 29, 2022 8:23 AM] The collapse of crypto-exchange FTX hit the crypto world like a tropical storm. It bears asking once again: How stable are stablecoins?

Onchain Research Shows FTX’s Falling BTC, ETH, Stablecoin Balances ‘Suggest Cracks Had Formed as Far Back as June’

[Nov 22, 2022 1:00 PM] While the analytics firm Nansen published a report that points to the Terra collapse igniting the flames of FTX’s and Alameda Research’s financial problems, onchain data from the intelligence and research firm Glassnode suggests…

South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder

[Nov 20, 2022 12:30 AM] South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA…

Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?

[Nov 19, 2022 5:36 AM] The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In addition, the exchanges, led by the top figures…

NYDIG Analyzed The FTX Collapse And Its Implications. What Did We Learn?

[Nov 19, 2022 2:19 AM] It’s time for NYDIG to chip in. The FTX fiasco is the theme of the month in the crypto world, and the show’s just beginning. The NYDIG research team avoids the temptation to summarize the whole saga and goes straight to the implications of the fall…

South Korea seizes $104M from Terra co-founder suspecting unfair profits

[Nov 18, 2022 10:45 PM] The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.

3 reasons why the FTX fiasco is bullish for Bitcoin

[Nov 17, 2022 9:30 AM] The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence.

South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report

[Nov 14, 2022 2:50 PM] Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse.

Crypto.com’s CRO is in trouble, but a 50% price rebound is in play

[Nov 14, 2022 5:17 AM] Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market.