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On August 15, the Coinage platform will air the first video interview with Do Kwon since the collapse of the Terra ecosystem. The post FatManTerra questions integrity of Do Kwon's first interview since Terra collapse appeared first on CryptoSlate.
Do Kwon, the CEO of Terraform Labs, a crypto ecosystem that caused significant losses for investors when both its stablecoin
In the fallout of Terra Luna, there is drama between grown men on Twitter. The post Do Kwon Speaks Out, Fatman Accuses Journalist of Still Shilling Terra appeared first on BeInCrypto.
In a yet to be fully aired interview by Coinage Media, hosted by Zack Guzman, called “Inside Crypto's Largest Collapse”, the founder of beleaguered Terra Form labs Do Kwon breaks silence and for the first time, we hear what the CEO has to say. The new Elizabeth Holmes?
Terra (LUNA) was amongst the most rapidly growing digital currencies that swept the cryptocurrency market. The recent de-peg event called for a new Terra (LUNA), to the older one which is now Terra Classic (LUNC). Terra's (LUNA) one-of-a-kind feature is a crucial motivator in eliminating the cryptocurrency mining barrier.
Regulators in South Korea want to fast-track crypto laws and install self-regulatory practices after the Terra crash.
With the rapid expansion of the cryptocurrency industry, authorities worldwide are seeking ways to regulate the space, including the European
The SEC and CFTC look to mitigate the risks establishments pose due to crypto exposures. This is due to the contagion spread by the Terra debacle and the crash of the crypto markets.
Kujira, the crypto project previously built on the Terra Classic blockchain and moved to layer 1 protocol Cosmos after Terra's implosion, is close to issuing a stablecoin called USK. "The Hash" hosts weigh in.
It's been a while that Terra (LUNA) investors and traders who lost their money have been waiting for some genuine response from Do Kwon, Terra founder. The collapse witnessed Terra USD lose its peg against USD and Terra's LUNA plunged to zero.
Quick Take Tron's USDD stablecoin often draws parallels with the ill-fated TerraUSD system. At least for the moment, however, USDD works more like an overcollateralized stablecoin.
South Korean crypto exchanges Upbit and Korbit had promised to return transaction fees earned during the Terra-LUNA crisis as compensation to investors. However, the promise seems to be fading with no plans implemented yet by the crypto exchanges or an expert committee, an inquiry revealed.
While the last 30 days has been a blissful month for most of the cryptocurrencies, Terra's Luna 2.0 has seen no effect. This is because the currency has dropped by 24.37% against Bitcoin in the last 30 days. Also LUNA has plunged by 89.8% from its all-time high on May 28.
Taking a cue from MakerDAO's DAI, the USK stablecoin is set to maintain its price peg by combining overcollateralization of ATOM tokens with trading incentives.
For more than two months now, Terra Luna's price has continued to trend in a sideways market. However, today, the prices are up by 2 percent.
Our LUNC price analysis suggests, a break above $0.000115 might fulfil $0.000136 Terra LUNA price prediction very soon.
Singaporean authorities are currently reviewing stablecoin legislation in the country in an attempt to better safeguard investors' funds. This comes at a period when investors are nursing the injuries inflicted by the TerraUSD (UST) crash which saw billions in funds disappear into thin air on a global scale.
It's one of the largest losses reported by a firm that backed Luna, with even more of a headwind than bankrupt Three Arrows Capital.
Coinspeaker Hashed Plans for Comeback with New Fundraise after Losing Big in Terra Crash
London-based digital asset management firm Coinshares reported a loss before tax of £8.2 million for the second quarter, versus a profit before tax of £28.6 million a year ago, on the back of a one-off loss of £17.7 million due to the collapse of Terra. The post CoinShares posts £8.2M Q2 loss due to one-off impairment hit from Terra appeared first on CryptoSlate.
Simon Seojoon Kim, the Chief Executive Officer of South Korean venture capital firm, Hashed has revealed how much the firm lost when Terra collapse back in May
A crypto investor who got in early to Terra (LUNA) is reporting staggering losses in the billions. According to a new report by Bloomberg, Simon Seojoon Kim, a South Korean crypto investor and early LUNA adopter, is revealing $3.6 billion in losses after the Terra ecosystem disintegrated in May.
Hashed CEO Simon Seojoon Kim disclosed in a Bloomberg interview that the VC firm lost more than $3 billion from its investment in LUNA after it crashed in May 2022. The post South Korean VC firm Hashed lost more than $3 billion in LUNA collapse appeared first on CryptoSlate.
The financial results for the second quarter of 2018 ended on 30 June 2022, have been announced by CoinShares International Limited.
