The prosecutors are looking into the collapse of LUNA (now LUNC) and UST (now USTC). The judgement by prosecutors would aid legislators in the next crypto legislation. Prosecutors in South Korea have initiated a fresh probe and evaluation of Terra tokens to determine whether or not they qualify as securities.
Terra (LUNA), with a gain of 209.48%, is the top gainer. The top 5 gainers have seen their prices rise today. The top 5 cryptocurrencies of the day are Terra (LUNA), Ravencoin (RVN), STEPN (GMT), yearn. finance (YFI) and Stellar (XLM). Terra (LUNA) Terra, a blockchain ecosystem founded by Terraform
LUNC, and the rest of the market traded with extremely low liquidity and high volatility. Luna Classic would reduce the supply and drive the price up to $1. The Terra Classic organization wants to begin burning more LUNC, yet investors must be careful not to get burned either.The price of
MAS demanded that crypto platforms provide information about their operations. Information on the most staked tokens on DeFi be made available was demanded. Regulators have chosen to examine more closely at the cryptocurrency industry in light of recent developments like the increasing adoption of cryptocurrencies and the subsequent market collapse.
The organization has identified 16 service providers. Local exchanges’ offices were raided last month as part of an inquiry. More than a dozen cryptocurrency exchanges risk losing clients in South Korea as officials crack down on international companies they allege are operating illegally in the country. According to a news
Sales of non-fungible tokens (NFTs) have fallen to a 12-month low due to the crypto market’s massacre, according to crypto analytics company Chainalysis. Sales of NFTs in June were the weakest since June 2021, when they were $648 million. In January of this year, NFT sales set an all-time high
In a recent interview, Terra co-founder Do Kwon expressed his “devastation” in the LUNA collapse which made thousands of investors impacted by the crash. JUST IN: #Terra founder Do Kwon says in an interview that he has been 'devastated' by the $LUNA collapse. — Watcher.Guru (@WatcherGuru) June 23, 2022 The
South Korea’s National Tax Service ordered Kwon to pay 100 billion won. Terra employees confirmed that $80 million was transferred. Terra LUNA’s dramatic crash grabbed US Security Exchange Commission’s (SEC) attention and SEC reported that Terra LUNA founder Do Kwon was involved in money laundering activities. Terra employees reportedly confirmed
On top of Ethereum, Optimism (OP) is a layer-two blockchain. Terra Classic has been up 24.22% in the last 24 hours. Let us look at the top 3 trending searches on CoinGecko as per CryptoDep. SUKU (SUKU) Blockchain-based Web3 solutions are at the heart of the SUKU ecosystem, which aims
The New LUNA price varied from $3.63 to $19.54 in just 2 days. The Terra community is disappointed with the idea of a new stablecoin. The comforting point for many old Luna investors was the fact that the new Terra blockchain doesn’t include any stablecoin which they believe have pulled
