News with the tag "Terra blockchain"

The AVAX tokens were purchased for $100 million a month before the infamous Terra Luna collapse.

The Terra blockchain has suffered a significant breach involving a complex exploit that resulted in the theft of approximately $5 million in assorted cryptocurrencies. The specific assets stolen included approximately 60 million ASTRO tokens, 3.5 million USDC, 500,000 USDT, and 2.7 BTC. The smart co...

The Terra blockchain halt dramatically falls in the ASTRO token value due to a suspected exploit.

Following a settlement with the U.S. Securities and Exchange Commission (SEC), Chris Amani, who succeeded Do Kwon as the CEO of Terraform Labs, disclosed that the blockchain firm is set to dissolve. Terraform Labs Set to Close Doors Post-SEC Settlement Blockchain startup Terraform Labs has announced...

Genuine Labs, a Terra Classic developer group, recently announced that it had submitted a proposed upgrade to the Terra blockchain for governance voting. If passed, this upgrade could positively impact the Terra ecosystem, including Terra Classic’s (LUNC) price. What The Major Upgrade Is About The m...

According to a Friday report by Bloomberg, a United States jury found Terraform Labs and its co-founder Do Kwon liable for civil fraud over the crash of the Terra ecosystem in 2022. This development comes as Do Kwon continues to battle criminal cases in the US and South Korea over the sudden collaps...

The Terra Classic development team records a landmark feat in its continuous efforts to restore the embattled crypto project to its glorious days and this major move paid off massively on LUNC price. Per recent news spewing excitement in the Terra Classic community, the LUNC developers have successf...

In the most recent development, Terra mainnet, dubbed Phoenix-1, is back online and producing blocks following the successful implementation of a significant network upgrade to v.2.4 at block height 5994365, as revealed via a recent tweet. Terra Core has successfully upgraded to v2.4 and is once aga...

In February, it was reported that Kyle Davies, the co-founder of Three Arrows Capital (3AC), faced allegations of evading subpoenas related to the collapse of the defunct Singapore cryptocurrency hedge fund. The current custodians of the 3AC estate are now pursuing a daily fine of $10,000 against hi...