Posted inBlockchainTerra Expands Stablecoin Reserve by Purchasing $100m worth of Avalanche TokensApril 17, 2024The Luna Foundation Guard (“LFG”), primarily focused on the Terra blockchain, expands its TerraUSD (“UST”)…
Posted inBlockchainWill Terra’s UST and LUNA Crash Cause a Shift to ‘Cryptos that have Stood the Test of Time’?April 17, 2024LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams…
Posted inBlockchainTerra Resumes after Halting Blockchain Production to Prevent Governance AttacksApril 17, 2024Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for…
Posted inBlockchainSouth Korea Launches “Emergency” Inspection of Crypto Exchanges Following Terra CrashApril 17, 2024Financial authorities in South Korea have beefed up crypto exchange inspections to boost investor protection…
Posted inBlockchainDo Kwon Suggests Terra Hard Fork to Revive Troubled NetworkApril 17, 2024Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play…
Posted inBlockchainProsecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs DissolvementApril 17, 2024Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud…
Posted inBlockchainLUNA and UST Crash Could Have Been Averted if Bitcoin Reserves were Used Earlier, Binance CEO SaysApril 17, 2024The collapse of LUNA and UST, the native tokens of the Terra network, could have…
Posted inBlockchainUK Finance Ministry Proposes Safety Net Measures against Stalling StablecoinsApril 17, 2024Britain’s finance ministry has announced plans for adapting existing regulations to mitigate any collapse of…
Posted inBlockchainStablecoins to be Issued by Licensed Banks and Trust Companies in New Japanese LawApril 17, 2024In a move to protect investors, Japan’s parliament has passed a bill classifying stablecoins as…
Posted inBlockchainNEAR Protocol to Wind Down Stablecoin USN, Allocating Funds for User ProtectionApril 17, 2024Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal";…