September 13th, 2024
Luna Classic News
Former Mt.Gox CEO to Launch Transparency-Focused Crypto Exchange EllipX
By Godfrey Benjamin
September 4th, 2024
The crypto industry is currently in a phase where investors prioritize transparency and robust security.
Terraform Labs Transitioning Terra’s Operations to Community Initiatives
By Leon Okwatch
August 27th, 2024
The shift from TFL to community management will significantly impact the Terra ecosystem and the LUNA token.
Terraform Labs Faces Crucial Chapter 11 Hearing on September 19 amid Bankruptcy Crisis
By Bena Ilyas
August 21st, 2024
The $4.5 billion SEC settlement marks one of the largest in crypto history, effectively barring Terraform Labs and its co-founder Do Kwon from the crypto industry.
Terra Blockchain Halts Operations after Suspected Exploit of Astroport tokens, ASTRO Tanks 60%
By Bhushan Akolkar
July 31st, 2024
As a result of the Terra blockchain exploit report and the blockchain suspension, the ASTRO token price collapsed by a staggering 60% from around $0.045 to as low as $0.01313 earlier today.
Terra Blockchain Sees $3M Loss after Vulnerability Attack
By Godfrey Benjamin
July 31st, 2024
Once Terra blockchain discovered the attack, the team launched emergency measures to contain the situation. This helped prevent further damage and ensure that more tokens are not siphoned.
Terraform Labs Sets August 9 Deadline for Bankruptcy Claims
By Leon Okwatch
July 16th, 2024
This deadline for claims is a key part of Terraform Labs’ strategy to handle its financial and legal issues.
South Korea’s Crypto Exchanges Prepare for New Investor Protection Rules
By Temitope Olatunji
July 2nd, 2024
The Digital Asset Alliance, which represents crypto companies, has said it will conduct a proper review of 1,333 altcoins over the next six months.
Luna Foundation Guard’s $95M Asset Transfer Sparks Speculation and Transparency Concerns
By Temitope Olatunji
May 31st, 2024
Although the reason behind the transfer is not very clear, LFG earlier announced that it is set to move assets toward direct custody to enhance the fund’s security.
Terraform Labs Lawyers Seeks to Reduce Penalty to $1M Instead of $5.3B
By Bhushan Akolkar
April 30th, 2024
Lawyers representing Terraform Labs stated that the SEC should effectively seek the penalty from the Luna foundation Guard (LFG) which is a non-entity in this case as of now.
Binance Co-founder Yi He Confirms CZ’s Positive Regulatory Standing in US
By Chimamanda U. Martha
April 19th, 2024
If found guilty by Judge Richard Jones, the former Binance CEO could face up to 10 years in prison, although the sentencing guidelines recommend a jail term of 12 to 18 months.
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