
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…

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…

Cryptocurrency platform Vauld has announced that it had signed an indicative term sheet with cryptocurrency lender Nexo, which would enable Nexo to buy the…

A few weeks just after the abrupt demise of the Terra stablecoin that sent the crypto market into a huge downturn, another crisis is…

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…

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…

Behind the scenes, efforts to resurrect the troubled Terra network are still on, and the second iteration of the blockchain is set to launch…

Investors have detailed their losses following the collapse of the Terra ecosystem’s tokens, stable coin terrausd (UST) and Luna (LUNA).

The recent global cryptocurrency market crash, as well as the collapse of the Terra ecosystem, have drawn the attention of authorities around the world,…

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…

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…

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)…