Tag: Terra

November 3, 2022

Following the Terra Meltdown, South Korean authorities are looking to scrutinize exchanges more closely According to The Korea Times, South Korea’s financial regulators are considering enacting legislation to subject crypto exchanges to tighter scrutiny in the aftermath of Terra’s demise.  The National Assembly emergency seminar this week focused on cryptocurrency. The Terra stablecoin UST and […]

July 5, 2022

Korea and the US concur to exchange Terra investigation data. South Korean Justice Minister Han Dong-hoon recently visited New York City to discuss various ways the two countries can cooperate in investigating financial crimes, including cryptocurrencies. Respect Securities and Goods Task Force Co-Chair Andrea M. Graceold reported a local newsletter to the US law office […]

June 20, 2022

  Terra employees are not allowed to leave South Korea, according to prosecutors. According to a report by local media station JTBC on June 20, the prosecutor’s office in South Korea has barred key Terraform Labs personnel from leaving the country. According to JTBC, the travel ban was enforced to prevent Terra personnel from departing […]

June 1, 2022

  Why the Central African Republic wants to use Bitcoin in the future The Central African Republic’s (CAR) president, Faustin-Archange Touadéra, is advancing his ambitions to make bitcoin legal tender. It still is the case despite warnings from the International Monetary Fund (IMF), which has threatened to cut off fiat lifelines in retaliation to the […]

May 30, 2022

  Terra’s Mirror Protocol is said to be vulnerable to a new exploit. According to “Mirroruser,” a pseudonym who wrote on the Terra Research Forum on May 28, 2022, the DeFi application Mirror Protocol, which is built on Terra, is supposedly vulnerable to yet another attack. This afternoon, “@FatManTerra” reiterated it on Twitter. According to […]

Terra (LUNA) 2.0 relaunches in accordance with Do Kwon’s revitalization strategy Terraform Labs co-founder and CEO Do Kwon confirmed the relaunch of Terra 2.0, the company’s new chain that intends to resuscitate the Terra (LUNA) and TerraUSD (UST) ecosystems. Hard forking the current blockchain and reissuing LUNA tokens to existing investors based on a snapshot […]

May 26, 2022

The ‘New’ Luna Will Be Distributed In The Following Ways Following the implosion of the terra USD (UST) algorithmic stablecoin earlier this month, a snapshot of the Terra blockchain will be taken later this week in preparation for the launch of “Terra 2.0,” a “rebirth” of the Terra ecosystem. The revival plan is now moving […]