Terra (LUNA)

Kwon is currently detained by Montenegrin officials

Terraform Labs Founder Do Kwon Arrested in Montenegro

Terraform Labs founder and former billionaire Do Kwon was arrested in Montenegro, according to local officials.

SEC Charges Terra Founder Do Kwon with Securities Fraud

The SEC charged Terraform Labs and CEO Do Kwon with fraud, claiming that they executed a "crypto asset securities fraud."

DeFi

Did Terra LUNA Depegged UST Themselves?

An internal audit showed that Terra LUNA aggressively withdrew liquidity days before the attack depegged UST.

DeFi

South Korea Issues Arrest Warrant for Terra's Do Kwon

The South Korean Supreme Prosecutors Office issued an arrest warrant for Terra co-founder Do Kwon and five others associated with Terraform Labs.

DeFi

Infamous Crypto Bank Celsius Files for Bankruptcy

Crypto lender and psuedo-bank Celsius just filed bankruptcy after weeks of turmoil, largely due to the fallout from Three Arrows Capital and UST.

DeFi

Stablecoin Aftershocks From LUNA and UST’s Collapse

Japan has introduced a bill banning algorithmic stablecoins, and Tron's USDD stablecoin has become over collaterallized.

DeFi

LUNA 2.0: Do Kwon and Terraform Labs Run It Back

The Terraform Labs team has relaunched LUNA as LUNA 2.0, and has began airdropping tokens to "LUNA Classic" and "UST Classic" holders.

DeFi

Legal Trouble for Terra LUNA Founder Do Kwon

As the Terra LUNA/UST saga unfolds, it’s looking more and more like Terra founder Do Kwon will be held accountable for some of the damage.

DeFi

YC W22's Stablegains Is Down 92% and Getting Sued

Stablegains promised investors 15% gains, but its fund is down 92% and getting sued for allegedly misrepresenting how it used investor funds.

DeFi

Terra's UST Stablecoin Depegs, Crashing Entire Crypto Market

Once considered a blue chip algo stablecoin, the $50B Terra ecosystem collapsed in less than a week, crashing Bitcoin and the crypto market.

DeFi

Terra’s UST Stablecoin is now the #3 Stablecoin in Crypto

Terra (LUNA) stablecoin, UST, just passed Binance USD (BUSD) to become the third most valuable stablecoin, and the most valuable algorithmic stablecoin.

DeFi

Justin Sun’s Tron Protocol Will Launch Its USDD Stablecoin with 30% APY

Justin Sun recently announced that his blockchain, Tron, will be launching its own algorithmic stablecoin, USDD, with a 30% annual yield.

Maker DAO

MakerDAO is Diversifying Into the Real World by Issuing Loans to Tesla

MakerDAO just made a $7.8M loan to Tesla as part of their efforts to back up their stablecoin with real world assets.

Near Protocol (NEAR)

Crypto VC: NEAR Protocol Will Launch Its USN Stablecoin with 20% APY

NEAR Protocol will launch its own native algorithmic stablecoin, called USN. Crypto VC Zoran Kole says USN will launch with staking yields around 20%.

Terra (LUNA)

Stablecoin Wars: Terra LUNA is Trying to Depeg Maker DAO's DAI Stablecoin

Terra is at war with Maker DAO and its DAI stablecoin. Terra is starting a new Curve war with Maker DAO, and it partnered with serious Convex whales to choke out DAI's liquidity.

Terra (LUNA)

Why Did Terra (LUNA) Go Up So Much in the Last Month?

Terra's LUNA token is up over 60% in the last month following a $1B token sale and Anchor Protocol's recovery.

DeFi

Hackers Take Wormhole Bridge for $322M

Hackers found an exploit in the Wormhole Bridge that allowed them to steal $322M, the second largest DeFi related hack ever.

Hacker: OpenSea is Adding Solana NFTs and Phantom Wallet Support

Weekly Newsletter

🤑 We All Get a Rug Pull!

The word of the week is "rugpull", as SundaeSwap and CardStarter have a spat over allegedly stealing 150m tokens, and TIME rug pulling Terra LUNA.

Terra (LUNA)

How the TIME Wonderland Rug Pull Crashed Terra LUNA

As Wonderland's TIME token crashes, leveraged yield farming positions on lending platform Abracadabra pairing MIM and UST are closing.

Badger DAO Hack Not Covered By Nexus Mutual Policy

Terra (LUNA)

🕺The Billionaire Shuffle

This week, FTX raises money and launched an NFT marketplace, Badger DAO was hacked, we intro Terra (LUNA), and Jack Dorsey made all sorts of changes.

Terra (LUNA)

Terra (LUNA) Introduction

Terra is a decentralized Proof-of-Stake blockchain used for making algorithmic stablecoins.