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Nalezeno "OP Labs": 2293

Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins

21.5.2022
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second...

Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash

20.5.2022
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash

SEC can't confirm if video of Bill Hinman is actually Bill Hinman in Ripple case

20.5.2022
“After reasonable inquiry, the information known and currently available is not sufficient to enable the Commission to admit or deny this request,” the SEC stated in court documents

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST

20.5.2022
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon...

South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion

19.5.2022
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are carried out from the country

'Grim Reapers' financial crimes unit revived to investigate Terra collapse

19.5.2022
After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into the mess caused by Terraform Labs

Early polling from Terra vote indicates 91% are in favor of 'rebirth'

18.5.2022
Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens

3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout

18.5.2022
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow...

Tally Labs strive to expand decentralized content ecosystem with $12M funding

18.5.2022
The announcement of the firm's inaugural capital raise from prominent investors is set to propel the vision for the construction of decentralized content representing communities from across the NFT space

Crypto users react to Terraform Labs legal team purportedly leaving company

17.5.2022
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money

Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout

14.5.2022
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested protection from the Seongdong police in Seoul after...

Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

12.5.2022
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. Terra Blockchain Halts in Order to Prevent...

Crypto Risk Monitoring Firm Solidus Labs Raises $45M

12.5.2022
Liberty City Ventures led the round for the market surveillance and risk monitoring startup, which has several ex-regulators as backers or advisors

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

12.5.2022
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed...