LUNA

Feds Charge Do Kwon and Terra With Fraud in Case With Deep Implications For Crypto

A Step-by-Step Guide to Why This Crypto Darling Failed and its Aftermath

Mismanagement and Alleged Crimes Stained Crypto With a Litany of Scandals in 2022

A Step-by-Step Guide to Terra's Failed Tokens

The $60B Fall of Terra Worsened the Bear Market and Undermined DeFi

LUNC Had Surged Until Failed Chain Imposed Transaction Tax

Terra Collapse Prompts Congress to Crack Down on Dollar-Pegged Token Issuers

You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And…

Exposure to Three Arrows Sinks Crypto Exchange as Dominoes Fall

Chainalysis Finds 150M UST Withdrawal from Curve Pool Triggered Chain Reaction

MakerDAO and Tron Buck Historic Selloff

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…

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…

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…

The Terra ecosystem’s notorious leader is trying to salvage the resources and talent left behind in the wreckage that is UST’s depegging.

Terra’s UST collapse has shattered the foundations of the algorithmic stablecoin market.

Data Indicates Bots Made Off With Huge Sum on Arbitrum

Terra Stops and Starts to Salvage Network.

This week may have been the one of the worst weeks in crypto’s history. The fall of UST/LUNA not only impacted Terra, but also dragged the whole industry down with it. Will this mark the beginning of crypto winter? Only time will tell.

The Terra blockchain was halted to deploy an emergency upgrade intended to forestall governance attacks.

Terra Struggling to Stabilize Crisis as Investors Flee

Terra's Flagship Token is Cratering

It’s been less than 24 hours and things have changed, for the worse. UST went as low as 22 cents, Luna goes under 1 dollar, Do Kwon announced a recovery plan, and team Azuki is on the move.

Terra Draws the Ire of Crypto Community as Regulators Circle

“You could listen to influensooors about UST depegging for the 69th time, or you could remember they’re all now poor, and go for a run instead, wyd?” This was Do Kwon’s tweet a day before UST lost its peg down and plummeted to a scarcely believable 60 cents. This is a stablecoin we’re talking about.…