Terra | ForkLog

ForkLog 13 08.09.2022

Terra Luna Classic price up about 400% after token-burn mechanism activation

Amid the activation of the v22 update in the Terra Luna Classic network, the price of the native cryptocurrency LUNC rose 431% over the past two weeks, according to CoinGecko. The update restored delegation and staking functionality and launched a mechanism to burn a portion of transaction fees.

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ForkLog 5 22.07.2022

Media report searches at Terraform Labs co-founder’s home

Officials from the Seoul Southern District Prosecutor's Office conducted searches at the home of Terraform Labs co-founder Daniel Shin as part of the Terra ecosystem collapse investigation. Local media report.

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ForkLog 10 11.07.2022

Terra ecosystem projects begin migration to Polygon network

More than 48 projects from the collapsed Terra ecosystem have begun migrating to the Ethereum layer-2 network Polygon (MATIC), according to Polygon Studios CEO Ryan Wyatt.

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ForkLog 6 07.07.2022

South Korean startup loses around $24 million on LUNA short position

In May, the South Korean digital-asset management platform Uprise lost about 99% of client funds when liquidating a short position in Terra's LUNA token, according to Seoul Economic Daily.

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ForkLog 8 06.07.2022

US and South Korea to exchange data on Terra ecosystem collapse investigation

The Seoul Southern District Prosecutor's Office and the regulator for the Southern District of New York have agreed to exchange information regarding the Terra ecosystem collapse investigation, Yonhap reports.

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ForkLog 14 27.06.2022

Impostors posing as Anonymous hackers pledge to ‘do everything’ to hold Do Kwon, Terraform Labs chief, to account.

Unknown actors claiming to represent the Anonymous hackers promised to do everything to have Terraform Labs chief Do Kwon held to account as soon as possible. However, the hacker group's Twitter account refuted the statement.

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ForkLog 18 23.06.2022

Do Kwon: I do not consider myself a fraudster and I believe in the success of Terra 2.0

Do Kwon, head of Terraform Labs, believes in the success of Terra 2.0 and says he is not a fraud. He said so in an interview with The Wall Street Journal.

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ForkLog 14 20.06.2022

Do Kwon accused of false statements about TerraUSD’s stability

A class-action lawsuit filed in the Northern District of California by Terra investors against Terraform Labs and its head Do Kwon seeks to recover the purchase price of the tokens.

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ForkLog 6 20.06.2022

BIS to build platform to assess the fallout from stablecoin collapses and DeFi projects

The BIS Innovation Hub will develop a platform to better assess the economic potential of stablecoins and crypto-lending platforms, as well as the risks to financial stability.

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ForkLog 32 14.06.2022

Volatile stablecoins and the risk of a broad recession: experts offer forecasts for the crypto market

ForkLog spoke with experts about the reasons for the decline in cryptocurrency prices and near-term prospects for the market.

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ForkLog 9 13.06.2022

Lawsuit filed against Binance.US over sale of LUNA and UST

The law firm Roche Freedman LLP, on behalf of investors in LUNA and TerraUSD (UST), filed a class-action lawsuit against Binance's US subsidiary and the company's CEO Brian Shroder.

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ForkLog 10 12.06.2022

Do Kwon denies allegations of withdrawing $2.7 billion from the Terra ecosystem ahead of its collapse

Terraform Labs head Do Kwon has denied reports that he allegedly withdrew billions of dollars from the Terra ecosystem before its collapse. He called such claims 'categorically false'.

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