Terra news articles

Whistleblower Claims LUNA ‘Isn’t Community-Owned’ After Token Drops 56%
A Terra whistleblower has taken to Twitter to rubbish claims by founder Do Kwon that the newly launched Terra 2.0 network is “community-ow...

DeFi Protocol ‘Mirror’ Exploited for $2 Million Due to Buggy Code
Terra-based DeFi app Mirror Protocol has suffered an estimated US$2 million exploit related to the recent rebrand of the original Terra bloc...

Korean Authorities Target Terraform Labs Staff for Questioning
Despite launching a new blockchain for LUNA, things appear to be going from bad to worse for Terraform Labs as revelations emerge that South...

LUNA 2.0 Launches Successfully as Previous Chain Renamed to ‘Terra Classic’
Following the implosion of LUNA and UST, this past weekend saw the launch of Terra 2.0, albeit without an algorithmic stablecoin which argua...

Terra 2.0 to Relaunch on New Blockchain Without Algorithmic Stablecoin
On the eve of Terraform Labs’ May 27 second coming, to be known as Terra 2.0, trading platforms were said by Terra to be showing ̶...

LUNA Investor Arrested for Knocking on Founder’s Door After Losing $2.4 Million
A South Korean investor who claims to have lost US$2.4 million in the Terra ecosystem collapse earlier this month has been arrested after kn...

Crypto Billionaire’s LUNA Tattoo Reminds Him to be Humble in Investing
Galaxy Digital CEO and crypto billionaire Mike Novogratz broke silence on his Terra-LUNA-inspired tattoo a week since the cryptocurrency exp...

Crypto Retail Investors Drop to 24% of Volume, Indicator Still Showing ‘Extreme Fear’
Retail investors are deserting the crypto market, with just over three-quarters of Q1 2022 trading volume at Coinbase coming from institutio...

Luna Investors Apply for Seizure of Do Kwon’s Property in Class Action Lawsuit
A South Korean law firm is suing Terraform Labs founder and CEO Do Kwon over last week’s Terra collapse. The firm will also be filing ...

UST Meltdown Spurs Global Warnings of Crypto Regulation
Unsurprisingly, the UST depegging fiasco has triggered regulators around the world to accelerate their efforts. While some persist in being ...

Australian Poll in March Predicted LUNA Would Top $143 This Year
Hindsight is a wonderful thing – in this case, the discovery of an Australian poll dating back to March that predicted the LUNA token ...

Beefy Finance Token (BIFI) Spikes 168% Overnight, Benefits From Terra Collapse
BIFI, Beefy Finance’s native cryptocurrency, spiked 168 percent overnight after the protocol upgraded its network and capitalised on T...