Terraform Labs
TerraUSD Collapse: Highlighting The Risks of Algorithmic Stablecoins
LUNA crash highlights the risks associated with algorithmic stablecoins. The altcoin crashed from $115 to $0, wiping out $60 billion from its market value. TerraUSD…
Terraform Labs Co-founder Do Kwon Extradition Approved by Montenegro Supreme Court
Montenegro’s Supreme Court authorized the extradition of Do Kwon to South Korea or the USA. Justice Minister Bojan Božović will sign the extradition permit by…
US Regulators Crack Down on Crypto: $32 Billion in Settlements and Counting
U.S. regulators collected nearly $32 billion from crypto firms since FTX's collapse. FTX and Alameda face a record $12.7 billion settlement in a pivotal regulatory…
Terraform Labs Announces Shutdown of Enterprise, Warp, and Station
Terraform Labs may shut down key products and services if third-party takeover discussions fail by October 30, 2024. Products like Enterprise, Warp, and Station Wallet…
LUNC Investor’s Bullish Bet: Buys Tokens at 3x Premium
LUNC investor remain bullish on the token's future, buying at a threefold premium. Community burns 726 million USTC, boosting LUNC's potential. U.S. court approves liquidation…
Terraform Labs, Behind TerraUSD Collapse, Gets Bankruptcy Approval
U.S. Bankruptcy Judge approves Terraform Labs' wind-down plan. Terraform lost an estimated $40 billion after TerraUSD and Luna crashed in 2022. Do Kwon faces SEC…
Montenegro Supreme Court to Review Do Kwon Extradition Ruling
Montenegro’s Supreme Court will decide if the extradition decision on Do Kwon has violated the law. The court is reviewing the Supreme State Prosecutor’s “request…
LUNC’s Risk-Reward Ratio: Should Investors Take a Chance?
LUNC’s weekly chart review suggests a healthy Risk-Reward ratio. Investors use the Risk-Reward ratio to gauge an asset's potential profitability. LUNC has a Risk-Reward ratio…
Terraform Labs’ Bankruptcy Hearing: Impact on LUNA, LUNC, USTC Prices
LUNA, LUNC, and USTC are the three cryptocurrencies linked to Terraform Labs. All three Terraform ecosystem tokens show variations ahead of the bankruptcy hearing. The…
30-Day Window to Redeem Wrapped Assets on Terra Classic Opens
Terraform Labs has announced the opening of a new Shuttle Bridge interface. The Chapter 11 plan of Terra has been “estimated to be on or…
