Luna

The decentralized autonomous organization (DAO) MakerDAO, which is behind the stablecoin Dai (CRYPTO: DAI), has set aside $500 million to invest in corporate and U.S. Treasury bonds. The money will come from its overcollateralized stablecoin, with 80% going to investment-grade corporate bonds and...

The beleaguered TerraForm Labs CEO Kwon Do-hyung, also known as Do Kwon, denied reports on Wednesday that South Korean prosecutors have frozen Bitcoin (CRYPTO: BTC) assets worth 56.2 billion won ($39.6 million) of Terra Luna Foundation. South Korea's News1 reported that on...

Amid reports that the beleaguered founder of Terra blockchain Do Kwon moved 3,313 Bitcoin (CRYPTO: BTC) to two cryptocurrency exchanges outside South Korea just after an arrest warrant was issued against him, KuCoin CEO Johnny Lyu on Monday said the crypto exchange was working to cooperate with the...

Amid reports that the Luna Foundation Guard [LFG] moved 3,313 Bitcoin (CRYPTO: BTC), worth over $69 million, to two crypto exchanges outside South Korea after an arrest warrant was issued for Do Kwon, the beleaguered Terra blockchain founder on Wednesday claimed he had not used the platforms in...

In a new turn of events surrounding the beleaguered founder of Terra (CRYPTO: LUNA) blockchain Do Kwon, who has a red notice issued against him by Interpol, Luna Foundation Guard [LFG] moved 3,313 Bitcoin (CRYPTO: BTC) totaling more than $69 million to two cryptocurrency exchanges located outside...

Even as Interpol has issued a red notice alert for Do Kwon, founder, and CEO of Terraform Labs that wiped out $40 billion of investors' money, the native asset of the old Terra Chain rose by over 40% on Monday. The move came after Binance announced a system of destroying Luna (CRYPTO...

Do Kwon, founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, has been issued an international arrest warrant over the collapse of his blockchain platform Terraform Labs and multiple criminal charges slapped by South Korea. What Happened: The ...

The founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, Do Kwon on Sunday denied that he was on the run after the Singapore police said he was no longer in the country.  Last week, South Korean authorities issued an arrest warrant for Kwon and five...

A new meme coin calling for the arrest of Do Kwon has seen a massive surge in price following South Korean authorities issuing an arrest warrant for the Terra (CRYPTO: LUNA) founder. What Happened: A newly launched meme coin called JailKwon (CRYPTO: JKWON) soared 500% to a...

South Korean authorities have issued an arrest warrant for Terra (CRYPTO: LUNA) founder Do Kwon and five others in connection with the Terraform Labs case, Bloomberg reported on Wednesday. What Happened:  A local media publication reported earlier on...

Terra Classic (CRYPTO: LUNC), the native token of the blockchain that crashed and burned earlier this year, has been on a tear over the last few weeks. What Happened: LUNC rallied 460% from $0.000091 on Aug. 8 to $0.000548 on Sept. 8, as per data from Benzinga Pro. The token was up...

Crypto influencer FatManTerra announced they have have conned investors out of over $100,000 in Bitcoin (CRYPTO: BTC) through a bogus investment scheme in a matter of two hours. FatManTerra said the purpose of the bogus investment plan was to experiment and raise awareness in an effort aimed...

Vitalik Buterin, the Ethereum (CRYPTO: ETH) blockchain co-founder, recently said that the decline in the price of crypto assets is suitable for the market as it will expose weaknesses.  During a recent interview, Buterin said that crypto prices dropping are good at...

MakerDAO co-founder Rune Christensen has reached out to the community in light of recent conversations of decoupling its native token from USD Coin (CRYPTO: USDC) amid the sanctioning of Tornado Cash to explain why free-floating Dai (CRYPTO: DAI) may be the only option for the decentralized...

Jordan Belfort, the former stockbroker known as "The Wolf of Wall Street," explained why he changed his view on Bitcoin (CRYPTO: BTC) and the wider cryptocurrency market. What Happened: In a recent interview with Yahoo Finance, Belfort said that he still...