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Terra

Key members of Terraform Labs’ legal team resign after LUNA UST collapse
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19 May, 2022

Key members of Terraform Labs’ legal team resign after LUNA UST collapse

The legal team members include General Counsel Marc Goldich, Chief Corporate Counsel Lawrence Florio, and Chief Litigation and Regulatory Counsel...
Following LUNA UST crash, South Korea emphasizes need for digital currency regulations
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19 May, 2022

Following LUNA UST crash, South Korea emphasizes need for digital currency regulations

The country’s regulators have said they will use the Terra debacle to raise awareness among digital asset investors following the...
UST LUNA crash is just a preview of what’s to come—winter is officially here
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18 May, 2022

UST LUNA crash is just a preview of what’s to come—winter is officially here

An algorithmic stablecoin lost its peg to the U.S. dollar, and as a result, it caused the algorithm to print...
LUNA and UST crashed again, raising questions about stablecoins
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11 May, 2022

LUNA and UST crashed again, raising questions about stablecoins

The prices of inter-linked LUNA and UST tokens on the popular Terra network tanked this week, causing leading exchanges, including...
US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena
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22 February, 2022

US court orders Terraform Labs and CEO Do Kwon to comply with SEC subpoena

Do Kown had argued that the securities regulator doesn’t have jurisdiction over him as he is a Korean national and...
Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether
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11 January, 2022

Terra’s UST is now the biggest decentralized stablecoin, and it is no better than Tether

UST, originally created to withstand up to 91% of the decline in value of LUNA (according to Terra white paper),...
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