Keep up with what's happening in the crypto world in real-time.
All Filters (1)
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial.
Cryptocurrency traders and investors often overlook the tokenomics and supply inflation of cryptocurrencies. Understanding how they affect the value of a crypto asset offers a valuable advantage when investing.
In the past week, cryptocurrencies from the Terra ecosystem, Terra Luna Classic (CRYPTO: LUNC) and USTC, have experienced notable surges. This uptick is driven by optimism surrounding various projects and crypto exchanges, as well as anticipation of a burn activity by Binance, which took place on Friday.
The Terra Classic (LUNC) price has displayed massive price action during the past month as the token has gained over 22% within the past day and has added approximately 130% during the past month. The Terra LUNC price traded in a narrow space between $0.00006190 and $0.
Terra Classic (LUNC) is currently valued at $0.00009125, reflecting a substantial growth of 122.37% in the last month, with a noteworthy 24-hour trading volume of $372.6 million.
The class action was one of the many lawsuits brought against the company last year after the Terra-LUNA fiasco that wiped out billions of dollars as investors watched their funds vanish into thin air within a matter of days.
Binance, the world's largest crypto exchange, has recently executed the 16th batch of Terra Luna Classic (LUNC) token burn, eliminating almost 4 billion tokens. This brings Binance's total LUNC burn to over 43 billion, constituting 52% of the total tokens burned by the Terra Luna Classic community.
Terraform Labs and Do Kwon's efforts to toss a class-action lawsuit in Singapore have hit a roadblock.
Terra Classic (LUNC) has shown a robust bullish trend in the last 7 days, experiencing a remarkable 56% surge in value, as reported by CoinMarketCap. However, at the current moment, there's a sign that the altcoin might be pausing its positive momentum, with a slight 0.32% dip observed on the daily timeframe.
TerraClassicUSD (CRYPTO: USTC), the remnant of the collapsed Terra blockchain, has surged 300% in the past week. What Happened: The rise in investor interest follows the news that cryptocurrency exchange Binance has started offering perpetual contracts for USTC, and as details of a proposed Bitcoin-focused revival plan with an airdrop emerge.
Terraform Labs and its founder, Do Kwon, are facing a significant legal challenge as a class-action lawsuit moves forward in Singapore's High Court. The court recently rejected an attempt by Terraform's lawyers to have the case thrown out, marking a pivotal development in the ongoing legal battle.
In a Singapore High Court battle, Terraform Labs and its founder, Do Kwon, are facing the heat as a class-action lawsuit gets a green light despite attempts to push it into arbitration based on website terms. Imagine investing in a promising digital coin only to watch its value crash overnight.
The defense team of Terra and Do Kwon said a Jump Crypto whistleblower helped the U.S. Securities and Exchange Commission (SEC) build a case against the defendants. The SEC accused Terra and Do Kwon of multi-billion crypto fraud, misleading investors about UST algorithmic stablecoin (now USTC), and violating securities and exchange regulations.
Terraform Labs, a Singapore-incorporated company behind the Terra blockchain, and its co-founder Do Kwon, are now grappling with the advancement of a class-action lawsuit in Singapore. The High Court recently dismissed the defendants' attempt to shift the case to arbitration, marking a significant development in the legal saga.
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.
The world's largest crypto exchange Binance burns almost 4 billion Terra Luna Classic (LUNC) tokens in the 16th batch of the LUNC burn. With the latest LUNC burn, the total LUNC burn by the crypto exchange to date reaches more than 43 billion, 52% of the total tokens burned by the Terra Luna Classic community.
The prices of LUNA and USTC rose significantly over the last week. The Terra blockchain community witnessed updates as well.
Explore December's top altcoins including Terra Luna Classic (LUNC), Dogecoin (DOGE) and Solana (SOL) poised for bullish gains.
The Terra Classic ecosystem-backed cryptocurrency LUNC recently amassed substantial attention within the world of cryptocurrencies. The recent buzz curated by the LUNC token appears to come forth as a result of the recent announcement of a futures launch margined perpetual contract.
Terra Luna Classic community gears up for another upgrade as the core developer L1TF decided to change a passed proposal on sequence mismatch issue resolution to an upgrade proposal. The latest proposal is almost passed as it has received 100% votes in favor from validators and LUNC and USTC holders, as per the current voting
The cryptocurrency market witnessed an extraordinary surge in TerraClassicUSD (USTC), which soared by over 160% in a single day. The token's price reached an unprecedented $0.04131, shattering all previous records and reigniting optimism for the comeback of Terra Classic (LUNC).
A significant court ruling has emerged from the U.S. Securities and Exchange Commission's (SEC) ongoing case against Terraform Labs and its co-founder Do Kwon. Judge Jed Rakoff has granted permission to file sealed discovery documents by Jump Crypto, a key player in the Terra-LUNA debacle.
In a significant development concerning the legal tussle between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs (Terra) co-founder Do Kwon, recent court proceedings have unveiled a crucial cautionary note regarding confidential materials. The case, rife with intricate details and high-stakes implications, has seen the court emphasize the delicate handling of sensitive documents while the legal battle unfolds.
USTC and LUNC: A Terra Ecosystem Rollercoaster Ride In the dynamic world of cryptocurrencies, the Terra ecosystem tokens USTC and LUNC recently embarked on a rollercoaster ride that left the crypto community both intrigued and bewildered. Skyrocketing 350% and 60% in just two days, these Cosmos-based tokens became the center of attention amid a series of developments, including the emergence of the Bitcoin-based stablecoin project Mint Cash.
