Do Kwon
DeFi News
Terra Founder Do Kwon Arrested In Montenegro
Longtime Critic FatMan Hails Law Enforcement Action As Victory For Crypto Space
Dive
It Isn't Just the SEC — Feds' Dragnet Targets Crypto Banking, Too
Spate of Enforcement Actions Poised to Reshape Industry
Dive
SEC Defines 'Interrelated' Terra Tokens as Securities
Feds Charge Do Kwon and Terra With Fraud in Case With Deep Implications For Crypto
DeFi Tutorials
What was Luna?
A Step-by-Step Guide to Why This Crypto Darling Failed and its Aftermath
DeFi News
Audit Shows Terra Groups Spent $3.4B to Defend Dollar Peg in UST
Terraform Labs Commissioned Study to Quantify Support for Stablecoin During May Crisis
DeFi Videos
Harmony Hacked, Yuga Strikes, Blockfi on the Rocks
Yes, we’re back from New York City and back into the grind of a market that has recovered a smidge of its dignity, total cryptocurrency market cap poking its head back above a trillion once again. For how long, well we’ll have to see. And with no prospect of the Fed easing off on rate…
DeFi News
New LUNA Coin Surges While Terra Controversy Escalates
The Terra token has approximately doubled in price two days after its launch, even as controversy surrounding Terra and the activities of its founders continues to grow. Terra airdropped Terra 2.0’s LUNA to holders of the network tokens of the fallen Terra Classic chain – what’s now known as Luna Classic (LUNC), and the network’s…
DeFi Tutorials
Do Kwon’s Folly – Dai Was Never Going to Die. Here’s Why
“Dai is a stablecoin implemented as an ERC20 token on the Ethereum blockchain. Designed to maintain 1:1 parity with the US Dollar its value is backed by collateral which is locked up in a smart contract, the Maker collateral vault.”
DeFi Videos
New Terra Launches – LUNA Dumps, LUNC Pumps
It’s been a traumatic couple of weeks in crypto and the drama continued last week with the Ethereum beacon chain suffering a 7 block reorg when some but not all nodes failed to upgrade the validator software in time. The market reacted as expected with Eth selling off violently down to the low 1700s before…
DeFi News
Terra Founder Faces Government Investigations, Lawsuits, and $78M Fine for Tax Evasion
South Korean authorities have formed an emergency financial crimes unit to investigate the collapse of stablecoin protocol Terra, and fined the protocol’s founder, Do Kwon, $78M for tax evasion, local media reported. The government agencies want to understand why UST, Terra’s US dollar stablecoin, lost its peg on May 9. The crash wiped $18 billion…
DeFi Videos
Terra Classic, What the Fork?
Tuesday, normally a day for a tutorial but as you know, there’s only one story we’re concerned about right now and it’s the ongoing saga of whether anything of Luna or UST or Terra in general can be salvaged from all this. ‘Terra is more than $UST’ says Do Kwon. But is he right?
DeFi Videos
Will UST and LUNA Make It Back? Solutions for Terra
It’s Monday, time for a quick take on what’s happened since the apocalyptic events of last week. To recap. UST depegged, Terra’s supposedly blue chip ecosystem death spiraled leading to rampant inflation in the Luna token and catastrophic contagion throughout the entire crypto space.
DeFi News
Do Kwon Wants to Save Terra by Creating a New Chain With 1B of Tokens for LUNA and UST Holders
The Terra ecosystem’s notorious leader is trying to salvage the resources and talent left behind in the wreckage that is UST’s depegging.