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Blockchain sleuths win Arkham’s US$5,000 bounty for Terra, Do Kwon’s wallet info

Arkham Intel Exchange, the blockchain platform that says it aims to provide information on the real-world entities and individuals behind crypto market activity, on Monday said two blockchain sleuths had won the US$5,000 bounty for new evidence of wallets owned by Terraform Labs and its imprisoned co-founder Kwon Do-hyeong. This

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Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

A platform aimed at “deanonymizing the blockchain” has accepted its first submission concerning information on wallet addresses connected to Terraform Labs and its co-founder, Do Kwon.In a July 24 announcement, Arkham Intel Exchange said it had accepted a submission from two “on-chain sleuths,” resulting in a bounty payment of 9,519.2625 Arkham

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Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ the Bank for International Settlements (BIS) Said After the FTX and Terra Collapses

Despite the millions of retail and institutional investors getting involved in the growing sector, “crypto has so far failed to harness innovation to the benefit of society,” said the report, prepared for a meeting of G20 finance ministers and central bank governors due to take place in Gandhinagar, India this

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Terra Classic Engineers Working on Major Revival Plan with ‘Six Samurai’ Proposal

The ‘Six Samurai’ proposal presents roadmap to important components such as the migration from Columbus-5 to Columbus-6 and an upgrade to the Cosmos SDK. Six engineers working on the Terra Classic ecosystem have proposed a ‘Six Samurai’ plan for the complete revival of the blockchain ecosystem. This development comes as some

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Terra Co-founder Do Kwon Points Finger at Chinese Agency in Fake Passport Scandal 

Kwon’s denial comes as a response to the accusations linking him to the forged travel documentation and alleged financial ties with Milojko Spajić. The Terra founder asserts that these claims are baseless, denying personal involvement. Terraform Labs co-founder and CEO Do Kwon has reportedly denied allegations of passport forgery, shifting the

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Jump Trading seeks to move Terra class action suit to California

Algorithmic and high-frequency trading firm Jump Trading is seeking to have the class action lawsuit against the firm moved from Illinois to a Northern district court in California, arguing that it would significantly speed up legal proceedings. The lawsuit was initially filed on May 9 by Taewoo Kim, individually and

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