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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageBenzinga
September 26, 2022

BREAKING: Terra's Do Kwon Slapped With Interpol 'Red Notice,' Says South Korea

Do Kwon, founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, has been issued an international arrest warrant over the collapse of his blockchain platform Terraform Labs and multiple criminal charges slapped by South Korea. What Happened: The International Criminal Police Organization has issued a 'Red Notice' For Kwon, who faces charges in South Korea over the $60 billion wipeout of cryptocurrencies he created, according to a Bloomberg report, which cited South Korean officials.

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cover-imageInvezz
September 23, 2022

Where to purchase the newly launched Baby Luna Classic

Since the fateful Terra Luna debacle, there has been a lot of activity around the original Terra project which was renamed Terra Luna Classic after the Terra hard fork that resulted in the creation of Terra 2.0, which retained the original Terra LUNA (LUNA/USD) token.

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cover-imageCoinfomania
September 21, 2022

U.S. House Bill Wants to Save Investors from Terra-Like Stablecoins

A stablecoin bill drafted in the United States House of Representatives would place a two-year ban on algorithmic stablecoins similar to TerraUSD, which are not backed by outside assets like cash and cash equivalents. According to the report by Bloomberg on Tuesday, as contained in the latest version of the bill, it would be illegal for stablecoin issuers to issue or create new “endogenously collateralized stablecoins” – like TerraUSD, otherwise called UST – for two years.

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