Fri, November 15

Search Results for: Do Kwon

Terra Classic (LUNC) Price Prediction 2024, 2025, 2026-2030

In this Terra Classic (LUNC) price prediction 2024, 2025, 2026-2030, we will analyze the price patterns of LUNC by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency.  TABLE OF CONTENTS INTRODUCTION Terra Classic (LUNC) Current Market Status What is Terra Classic (LUNC)? Terra

February 22, 2024 7 mins read

Montenegro Authorities Extradite Former Terra CFO To South Korea

After spending time in jail in Montenegro, Han Chang-joon, the former chief financial officer of Terraform Labs, was extradited to South Korea. Both Terraform Labs and its co-founder, Do Kwon, were detained in March for trying to leave using phony passports. This additional twist adds another degree of complication to

February 5, 2024 1 min read

MetaMask Collaborates with Consensys to Offer Ethereum Validator Staking

The renowned cryptocurrency wallet application MetaMask has teamed up with Consensys Staking to operate Ethereum validator nodes for users who are ready to stake a minimum of 32 ETH, which is equivalent to around $80,000. After ‘The Merge,’ which occurred in September 2022 and marked the switch from a proof-of-work

January 22, 2024 1 min read

Terra Luna Classic (LUNC) Reaches 85 Billion LUNC Burn Milestone

From May 18, 2022, till the present, the Terra Luna Classic community has burned 85 billion LUNC. The community’s efforts to decrease the amount of LUNC circulating have reached another milestone. Almost 43.6 billion LUNC, or more than 51% of the total LUNC burnt thus far, have come from Binance.

December 9, 2023 2 mins read

FTX and Alameda Research Move $10.8 Million Worth of Cryptocurrencies

Using eight different cryptocurrencies, wallets associated with the now-defunct FTX exchange and its subsidiary Alameda Research sent $10.8 million to Binance, Coinbase, and Wintermute accounts. Spot On Chain, a blockchain research organization, saw the transaction and estimated that the organizations had moved $551 million using 59 distinct cryptocurrency tokens since

December 1, 2023 1 min read

VanEck Allocates 10% of Ether ETF Profits to Ethereum Developers

On September 29th, global asset management VanEck made an announcement on Twitter that it will contribute 10% of all profits from its planned Ether futures exchange-traded fund (ETF) to Ethereum core developers for a period of 10 years. The Protocol Guild, a community of more than 150 developers responsible for

October 1, 2023 1 min read

SEC Approved for Joint US-South Korea Probe of Terraform Labs

A US judge has approved the SEC’s request to work with the South Korean government in its investigation of the alleged illegal scheme involving Daniel Shin, co-founder of Terraform Labs, and Chai Corp, a payments firm. As part of its investigation against Terraform Labs and its ex-CEO, Do Kwon, the

August 18, 2023 2 mins read

U.S SEC Hints at Appeal in Ripple Lawsuit; Setback for XRP?

A potential setback for the XRP community may be on the horizon as the US SEC hinted on Friday that it intends to appeal the Summary Judgement in the Ripple vs. SEC dispute. The federal regulatory body has said that it intends to review the judgment since it was a

July 22, 2023 1 min read

Terra Co-Founder Daniel Shin and Others Summoned to Court in South Korea

Prosecutors have summoned Terra co-founders Daniel Shin and 7 others to court on several accusations as South Korea pursues the extradition of Terra co-founder Do Kwon from Montenegro. In the first trial in South Korea, a court heard charges of fraud, breach of duty, embezzlement, and violation of the Capital

July 10, 2023 1 min read

SEC Lawsuits Against Ripple, Binance, & Coinbase: Explained

SEC Vs Crypto Industry It is a one more turbulent year for the cryptocurrency industry after the U.S Securities and Exchange Commission (SEC) sued crypto titans such as Binance and Coinbase. The SEC lawsuit related to securities violations, including the unregistered offers and sales of the respective tokens.  These legal

June 27, 2023 9 mins read