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Search Results for: Terraform Labs

Terra Chain Resumes Operations After Emergency Upgrade Following Exploit

A series of security breaches has recently escalated in the crypto market. The well-known Terra blockchain has now been added to the list of victims. The Terra blockchain has suffered a significant security breach, resulting in the theft of tokens valued approximately $5.54 million at current prices. Their official X

July 31, 2024 2 mins read

Bitcoin Payment App Strike Expands to UK, Boosting BTC Adoption

Strike, the Bitcoin payment app led by Jack Mallers, has taken a giant stride forward with its introduction in the United Kingdom. Aiming to increase Bitcoin’s accessibility and popularity in one of the world’s biggest economies, this expansion is a smart step. The launch of Strike in the United Kingdom

June 25, 2024 2 mins read

zkSync Token Launch Spurs Initial Surge, Faces Subsequent Decline

With a market valuation of over $1 billion, zkSync’s much-anticipated token debuted on June 17. Despite a brief surge in the first launch hours, ZK’s market value progressively declined in the days that followed, most likely as a result of persistent sell pressure from airdrop participants and generally unfavourable market

June 25, 2024 1 min read

SEC Reports that Montenegro’s PM Milojko Spajic is a Terra Token (LUNA) Early Investor

The prime minister of Montenegro, Milojko Spajic, is in a controversy over his prior investment in Terraform Labs, a collapsed crypto firm founded by Kwon Do-hyung. Imprisoned in Montenegro in connection with the 2022 collapse of the company’s cryptocurrencies. Vijesti, the Montenegrin newspaper, reports a data sheet submitted to the

June 19, 2024 2 mins read

Robinhood Launches Crypto Trading API for Users in the U.S

Robinhood revealed that its crypto trading API is now available to consumers in the US. The investment app broke the news on May 30 that it was trying to use an API to reach out to experienced cryptocurrency traders. Users in the United States may programmatically trade cryptocurrencies using the

May 31, 2024 2 mins read

LUNC vs BEFE: Which Altcoin is Forecasted to Reach $0.05 by Investors?

The ever-evolving cryptocurrency landscape throws up new contenders vying for a slice of the crypto market pie. Two altcoins currently capturing the attention of Crypto enthusiasts are Terra Classic (LUNC) and BEFE. While both these altcoins trade below $0.01, some analysts speculate that one of them has the potential to

March 5, 2024 4 mins read

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

Montenegro Court Greenlights Extradition for Terra Co-founder Do Kwon

The extradition of Terra co-founder Do Kwon has been accepted by a higher court in Montenegro, according to people with knowledge of the situation. Do Kwon and Han Chang-joon, former executives of Terraform Labs, were each given a four-month jail term in a passport falsification case, and their appeal was

November 24, 2023 2 mins read