Cryptocurrency Analysis and News Portal
According to Uppsala, apart from terra1gr, another Terra wallet "terra13s4gwzxxx6dyjcf5m7" (referred to as terra13s) exchanged funds recently with wallets on the Binance exchange that can be linked to Wallet A. The terra13s wallet is now one of the official wallets of the LUNC DAO, a validator of Terra’s new Terra
Read More
The combination of macro headwinds and over-leveraged yield strategies has resulted in the forced selling of cryptocurrencies in the last few days, wiping more than $200 billion in value from the digital asset market, FSInsight said in a report on Tuesday. Original Source
Read More
A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Freedman LLP, a company known for high-profile crypto lawsuits during the last few years. The lawsuit
Read More
Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of California on Monday, alleging that Binance sold unregistered securities in the form of LUNA and UST
Read More
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however, has been
Read More
Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing out $80 million every month for nearly three years. Numerous unconfirmed reports surfaced on June 11, claiming Kwon’s participation in draining liquidity out of LUNA and UST before the crash to
Read More
Desde la implosión de la criptomoneda estable de Terra, la compañía ha lanzado un nuevo token (LUNA) que se envió vía airdrop a los titulares anteriores. LUNA cotiza actualmente a $3,12 con una capitalización de mercado de $642 millones y ha perdido el 80% de su valor desde el pico
Read More
South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month. Original Source
Read More
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the country following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). Korean Government’s Meeting With Cryptocurrency Exchanges The South Korean government is shifting responsibility for the crash of cryptocurrency terra
Read More
CoinDesk Editor-in-Chief Kevin Reynolds alerted me this week to a striking Linkedin post by a Coinbase (COIN) staffer. In the post, apparently now deleted, the Coinbaser wrote in part that it’s “crazy to me how much market value sits in these (probably) useless projects,” before listing a half-dozen tokens including
Read More