Jump Trading hit with $4B lawsuit tied to $50B Terra crash
The bankruptcy administrator for Terraform Labs has filed a $4 billion federal lawsuit accusing Jump Trading of market manipulation tied to the collapse of the Terra ecosystem. The…
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Crypto Lender Nexo has Announced Plans to Fully Acquire Fellow Lender Vauld
Cryptocurrency platform Vauld has announced that it had signed an indicative term sheet with cryptocurrency lender Nexo, which would enable Nexo to buy the…
After What Happened With Terra, Celsius Lockdowns Put The Market On Red Alert
A few weeks just after the abrupt demise of the Terra stablecoin that sent the crypto market into a huge downturn, another crisis is…
Technologists Call on the US Lawmakers to Resist the Influence of the Crypto Industry
The first coordinated campaign to challenge well-funded lobbying by blockchain corporations has united a group of prominent experts to encourage US lawmakers to crack…
Britain’s Finance Ministry Will Adapt Existing Rules to Deal With Any Stablecoin Collapse
Following the crash of Terra’s stablecoin earlier this month, the UK Treasury has proposed a new insolvency regime to safeguard consumers’ assets, as Britain’s…
Will I get The Terra 2 Airdrop on May 27? Here the Answers
Behind the scenes, efforts to resurrect the troubled Terra network are still on, and the second iteration of the blockchain is set to launch…
Delphi Ventures Reflects and Learns from the Losses Acquired by the Fall of Terra
Investors have detailed their losses following the collapse of the Terra ecosystem’s tokens, stable coin terrausd (UST) and Luna (LUNA).
The Next G7 Meeting Will Put its Focus on Cryptocurrencies
The recent global cryptocurrency market crash, as well as the collapse of the Terra ecosystem, have drawn the attention of authorities around the world,…
LUNA Continues its Free Fall and Falls More Than 96% Will Be Able to Recover?
Terra, a Cosmos-based layer 1 blockchain that specializes in stablecoin transactions, has been establishing itself as a market leader in the stablecoin space for…
Terra (LUNA) and UST Status Update
The price of Terra (LUNA) has fallen as the network’s TerraUSD (UST) stablecoin lost its peg. LUNA has dropped by more than 50% in…
Luna Foundation Takes Advantage of the Market Crash and Acquire USD 1.5 Billion More in Bitcoins
The Luna Foundation Guard (LFG), a nonprofit dedicated to the Terra ecosystem, said on Thursday that it had purchased $1.5 billion in bitcoin (BTC)…