Search Results for "terra"
Mars Hub Launches Independent Cosmos Application Chain
An airdrop on the mainnet will unlock 64.4 million MARS tokens for Terra Classic holders who held them throughout the two historical snapshots. Osmosis blockchain will launch the first Mars outpost in early 2023.
Terra Co-Founder Do Kwon Allegedly Hiding In Serbia
South Korean officials have asked Serbian assistance in bringing him back to face prosecution. The 31-year-old relocated to Singapore before the Terra ecosystem collapsed. Serbia is not one of South Korea's 31 bilateral extradition treaties. It's unclear if South Korea can extradite Kwon.
Opinion: Terra – A lesson learnt for trading platforms?
The events related to the Terra and Luna collapse highlight why trading platforms need to provide clarity and education for their users. With tighter regulations looming, demonstrating responsibility and a commitment to consumer protection is vital if trading platforms are to thrive.
Hong Kong-Based Chiron VC Raises $50M for Launching Terra Ecosystem Fund
One of Asia’s biggest Venture Capital firms, Chiron Partners, has launched a $50m ecosystem fund christened the Chiron Terra Fund I aimed at supporting innovative projects that are emerging from the Terra blockchain ecosystem.
Terra co-founder sought for arrest
South Korean authorities are making a renewed push to detain Terra co-founder Shin Hyun-Seong, also known as Daniel Shin, after the arrest of co-founder Do Kwon. Shin is suspected of involvement in promoting unstable investment opportunities with Terra tokens, with allegations of fraud and illegal fundraising.
Changpeng Zhao Clarifies Binance's Investment in Collapsed Terra
Changpeng Zhao has come out to clarify the investments the trading platform has in the Terra ecosystem in what appears as a response to false claims going around on Twitter.
South Korean VC Firm Hashed Lost Up to $3.6B to LUNA Crash: CEO
Simon Seojoon Kim, the CEO of South Korean venture capital firm, Hashed has revealed the firm lost up to $3.6 billion when Terra collapsed back in May.
DeFi Growth Outlook for 2021: From $18.71B to $258.58B
According to data from DeFiLlama, the DeFi ecosystem, encompassing the top blockchain networks saw a massive growth surge from $18.71 billion in Total Value Locked (TVL) as of Jan 1, 2021, to $258.58 billion it is pegged at as of today.
Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool
Paolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, "Markets are edgy in these days, so it's easy for attackers to capitalize on this general sentiment. But at Tether we're ready as always. Let them come. We're ready to redeem any amount."
Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over
Bitcoin nosedived to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone.
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
South Korean authorities have increased their search for Do Kwon and deployed state officials to Serbia.
Stablegains Sued for Allegedly Misleading Investors
Stablegains, a DeFi yield platform that closed in May, is being sued in California.
