terralabs

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

South Korean Court Dismisses Terra Co-founder’s Arrest Warrant

The Seoul Southern District Court has rejected the prosecutors’ arrest warrant of Terraform Labs associates. According to Yonhap News Agency, the court has dismissed the arrest order of several Terra officials, including Daniel Shin, co-founder of Terraform Labs with Do Kwon. In a text message, the South Korean Court stated

December 3, 2022 2 mins read