Tag: Terra
S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra’s Do Kwon
Authorities in South Korea have requested crypto exchanges OKX and KuCoin to freeze some 3,313 bitcoin (BTC), worth around $67 million, tied to Terraform...
Arrest Warrant for Kwon Do-hyung of ‘Tera’
An arrest warrant has been issued to CEO Kwon Do-hyeong, co-founder of Terraform Labs, developer of the cryptocurrencies Terra and Luna. Since CEO Kwon...
Authorities raid South Korean crypto exchanges in Terraform Labs probe
In the most recent development, a team of investigators from the Seoul Southern District Prosecutors Office raided several local cryptocurrency exchanges, including Upbit, on...
[JUNE] UST Stablecoin Collapses Under Moderate Instability
Last month the world discovered that the “stable” in “stablecoin” is more an aspirational endeavor than planetarily ordained fact. The TerraUSD algorithmic stablecoin, or...
Luna’s CEO Kwon Do-hyung’s spouse requested ’emergency protection’
Police are investigating a report that an unknown person visited the home of Terraform Labs CEO Kwon Do-hyung and rang the doorbell. CEO Kwon's...
Checking In With Terra, the Korean Stablecoin Firm Bringing Online Shoppers to Crypto
The savings account’s returns will be based on various proof-of-stake currencies, plus additional yield over the first five years in the form of its...
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Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months
South Korea to Start Tracking Crypto Transactions in 1H
South Korea’s Ministry of Justice (MOJ) reportedly announced that it will adopt a cryptocurrency tracking system...
