278 Million LUNA Burned Since Do Kwon Posted Burning Address

People keep sending their tokens to dead address, 25 million LUNA gone in 24 hours дальше »

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Korea Turns Against Luna Head as Police Request LFG Fund Freeze 

South Korea is starting to turn the screws on Terraform Labs and Luna CEO Do Kwon as UST stablecoin saga takes another twist. The post Korea Turns Against Luna Head as Police Request LFG Fund Freeze  appeared first on BeInCrypto. дальше »

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Millions Of LUNA Being Burned To Push Up Price — Do Kwon Insists Destroying Tokens Is Pointless

Terraform Labs co-founder and CEO Do Kwon has finally listened to suggestions to burn most of LUNA’s hyperinflated circulating supply of over 6.5 trillion tokens. While he’s still against the idea, Kwon has... дальше »

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Here are the best places to buy Terra (LUNA): it jumped by over 50% over the weekend

The price of Terra (LUNA) hiked over the weekend after millions of LUNA tokens were burnt through an address shared by Do Kwon, the TerraForm Labs founder. LUNA had started rising on Saturday after Do Kwon shared the ‘burning’ address and it continued rising to today morning before it retraced to trade at its current […] The post Here are the best places to buy Terra (LUNA): it jumped by over 50% over the weekend appeared first on Invezz. дальше »

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До Квон предложил механизм сжигания LUNA вопреки собственному плану спасения экосистемы

Основатель экосистемы Terra До Квон (Do Kwon) пошел на поводу у комьюнити и опубликовал адрес, позволяющий уничтожить токены LUNA. Этот непоследовательный До Квон Не так давно Квон объявил план возвращения к жизни экосистемы Terra, который включает в себя хардфорк блокчейна и радикальное перераспределение токенов LUNA. дальше »

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Do Kwon shares LUNA burn address but warns ‘LUNAtics’ against using it

Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on Saturday. дальше »

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Terra's Do Kwon Doesn't Support Burning LUNA Tokens

Terra's Do Kwon says burning tokens is a bad idea дальше »

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Terra Luna Price Up 59% Today, Why Is the Price Rising?

Terra LUNA’s price is up over 59% today, currently trading at $0. 0001912, surpassing $1. 2 billion in market capitalization. The recent price hike for LUNA is most likely due to Terra’s Founder, Do Kwon’s statements yesterday, responding to accusations and questions from the community, which put the market at ease. дальше »

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Terra Luna’s Founder, Do Kwon, Speaks Out About UST and LUNA

After two days of silence, Do Kwon, the founder of Terra Luna, took to Twitter to respond to various questions and accusations from the community, discussing multiple issues regarding his proposal to fork the Luna network and clarifying his whereabouts. дальше »

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Did Do Kwon Know The LUNA and UST Crash Was Coming? — Legal Documents Reveal New Findings

Legal Documents Indicate Do Kwon Dissolved Terraform Labs Just Days Before Crash Of UST And LUNA. дальше »

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Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

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Korean Prosecutors Consider Bringing Ponzi Scheme Charges Against Terraform Labs’ CEO

The Seoul Southern District Prosecutor’s Office in Korea is investigating whether it can bring charges of a Ponzi scheme against Terraform Lab’s CEO, Do Kwon. The post Korean Prosecutors Consider Bringing Ponzi Scheme Charges Against Terraform Labs’ CEO appeared first on BeInCrypto. дальше »

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Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more

Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon's new proposal for a Terra hard fork and more in this week's DeFi newsletter. дальше »

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

A revelatory discovery of legal documents could provide greater context for the catalyst of the infamous LUNA and UST price crash. дальше »

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Terra’s Do Kwon Investigated for Running a Ponzi: Report

South Korean prosecutors are reportedly weighing whether they could charge Do Kwon for running a Ponzi scheme by promising unsustainably high fixed interest rates on UST deposits via Anchor Protocol.... дальше »

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Another Theranos? Do Kwon Stares At Multiple Lawsuits As Investors Sense Fraud In Terra’s Debacle

Last week, a columnist described Terraform Labs' co-founder Do Kwon as “the Elizabeth Holmes of Crypto.” дальше »

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LUNA holders may veto the live vote to fork the Terra network

The TerraBuilderAlliance, Do Kwon, and others in the community have agreed upon a proposal to fork Terra Luna to attempt to salvage the Terra ecosystem. The post LUNA holders may veto the live vote to fork the Terra network appeared first on CryptoSlate. дальше »

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Let Terra Die

Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them. дальше »

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Terra faces litigation from South Korean investors over failed UST investment

After the abrupt crash of Terra’s UST last week, a popular South Korea-based law firm, LKB & Partners, is set to sue Do Kwon on behalf of South Koreans who invested in the asset, according to local media reports. дальше »

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Корейские инвесторы против До Квона: руководитель Terra может предстать перед судом и лишиться имущества

Основатель и генеральный директор Terraform Labs До Квон (Do Kwon) и соучредитель Дэниел Шин (Daniel Shin) могут предстать перед судом после краха криптовалютного проекта Terra, всколыхнувшего криптовалютную общественность на прошлой неделе. дальше »

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Terra's Do Kwon Announces LUNA Rescue Plan

Terra founder Do Kwon has announced community voting has started on a rescue proposal for the Terra ecosystem дальше »

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Terra Luna Revival Plan 2 – Renaming the Network to Terra Classic and LUNA Classic

After an uncertain last week and with LUNA’s price dropping below 1 cent, Do Kwon, the founder of Terra Luna, announced a new revival plan on Twitter. A new governance proposal #1623 suggests renaming the existing network to Terra Classic, renaming LUNA to LUNA Classic, and birthing a new blockchain. дальше »

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Terra Investors Reportedly Preparing to Sue Do Kwon for Fraud

The South Korean law firm LKB & Partners is reportedly preparing to sue Terraform Labs co-founder and CEO Do Kwon for fraud on behalf of investors financially harmed by Terras... дальше »

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Do Kwon Pushes On-Chain Proposal Live Even as 92% Vote 'No' in Online Poll

A revival plan to put Terra back on track after last week’s implosion is not finding backers in the community. дальше »

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Almost 100% of Luna Users Are Denying Terra Co-Founder's Plan

Most users feel frustrated and want nothing to do with Do Kwon дальше »

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South Korean lawmaker suggests summoning Do Kwon to the national assembly

Yun Chang-hyeon, a lawmaker in South Korea’s ruling party, People’s Power, has suggested summoning Terraform Labs’ founder Do Kwon to a parliamentary hearing. The post South Korean lawmaker suggests summoning Do Kwon to the national assembly appeared first on CryptoSlate. дальше »

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A DraMATIC time as the token perseveres to cross $1, this metric hit fever pitch

At the time of writing, Polygon [MATIC] was trending on Twitter. You might think that's a good sign for the asset, but considering that LUNA's Do Kwon was also a trending topic, it's well worth takingThe post A DraMATIC time as the token perseveres to cross $1, this metric hit fever pitch appeared first on AMBCrypto. дальше »

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Terra at the Crossroads: Major Validators Support Fork but Community Is Resistant

Several Terra validators have signaled their support of Do Kwon’s plan to launch a new blockchain that would eschew the UST stablecoin. Much of the community, however, has expressed hesitation.... дальше »

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Terra Community Vehemently Rejects Do Kwon’s Proposal To Fork LUNA’s Blockchain

The Terra community has opposed Do Kwon’s second revival plan to fork Terra to create two blockchains in a bid to make up for last week’s real-time collapse of UST. дальше »

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Crypto users react to Terraform Labs legal team purportedly leaving company

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. дальше »

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Terra Co-Founder Suggests Hard Fork in Bid to Save Chain Through Governance Vote

Terra co-founder Do Kwon has proposed Terra Ecosystem Revival Plan 2 in a bid to save the chain by hard forking. The post Terra Co-Founder Suggests Hard Fork in Bid to Save Chain Through Governance Vote appeared first on BeInCrypto. дальше »

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Do Kwon Not Giving Up On LUNA Just Yet, Plans Radical Shift To Keep The Terra Ecosystem Alive

After the horrific events of the last week following TerraUSD’s (UST) de-pegging from the US dollar, Terra’s founder is not giving up on the project. дальше »

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Terra's Revival Plan 2: 'Much Ado About Nothing?' Here's what we 'Do Kwon'

A one-of-a-kind incident in the crypto market was the Terra [LUNA] debacle of last week. With spiraling investors and the start of a never-ending blame game, clouds of uncertainty haunt the market eveThe post Terra's Revival Plan 2: 'Much Ado About Nothing?' Here's what we 'Do Kwon' appeared first on AMBCrypto. дальше »

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Do Kwon summoned to parliamentary hearing following UST and LUNA crash

Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details. дальше »

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A Week of Terra: the Story of Do Kwon and His Black Swan Wipeout

Terra’s implosion will be remembered as one of the biggest moments in crypto history. Chris Williams tells the story of the blockchain and its controversial leader, Do Kwon. Buying the... дальше »

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Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal

Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST. дальше »

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Terra ecosystem to vote on a fork to create Luna Classic and Luna Core

Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2. ” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack. дальше »

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Do Kwon suggests Terra (LUNA) hard fork to revive the protocol

Do Kwon, the Terra (LUNA) protocol founder, proposed a resurrection strategy to bring the project back from the ashes. Kwon advocated splitting the protocol’s existing form into two distinct ecosystems, Terra Classic and Terra 2. дальше »

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Binance’s $1.6B LUNA Stash Now Worth $3000 — Do Kwon Finally Unveils Plan To Revive Terra

Terra’s cataclysmic meltdown has left an unsightly mark on the portfolios of holders of its tokens. This includes the world’s largest cryptocurrency exchange by trading volume, Binance. дальше »

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Do Kwon outlines fork proposal as he seeks to save Terra

The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC),…

The post Do Kwon outlines fork proposal as he seeks to save Terra appeared first on Coin Journal.

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Do Kwon Says Terra Could Fork Into Two Blockchains

Terraform Labs CEO Do Kwon has announced a second revival plan for the failing Terra ecosystem in a Twitter thread. Do Kwon Announces Revival Plan Do Kwon is not ready... дальше »

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Do Kwon proposes Terra hard fork to save ecosystem

Terraform Labs will put the proposal up for a governance vote on May 18 Asia time.

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Do Kwon Proposes New Plan to Revive Terra

Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project дальше »

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Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’

Do Kwon is out with his second attempt at a revival plan for the troubled blockchain. дальше »

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Luna Foundation Guard reveals where missing 80K BTC reserves went

The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds. The post Luna Foundation Guard reveals where missing 80K BTC reserves went appeared first on CryptoSlate. дальше »

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Why UST's crash has experts talking and taking different sides

LUNA and UST both are showing signs of recovery after recent collapses, with the same sending shockwaves across the industry. Several experts believe that Terra founder Do Kwon is responsible for the The post Why UST's crash has experts talking and taking different sides appeared first on AMBCrypto. дальше »

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FTX Sam Bankman-Fried Defends Terra’s Founder, Says ‘Most bad Investments Aren’t Ponzi Schemes’

FTX founder Sam Bankman-Fried has tweeted in defense of Terra ecosystem and its CEO and co-founder, Do Kwon.  The post FTX Sam Bankman-Fried Defends Terra’s Founder, Says ‘Most bad Investments Aren’t Ponzi Schemes’ appeared first on BeInCrypto. дальше »

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Crypto Billionaire Says Terra Wasn’t as Bad as Theranos

Do Kwon’s failed stablecoin is not necessarily a Ponzi scheme, according to Sam Bankman-Fried дальше »

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Binance CEO does not think LUNA recovery plan will work

Binance CEO, CZ, has revealed that he does not believe that Do Kwon’s plan to save LUNA will work. The post Binance CEO does not think LUNA recovery plan will work appeared first on CryptoSlate. дальше »

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Terra Luna Officially Dead, Do Kwon Releases More Statements on Twitter

After a coordinated attack last week that de-pegged the TerraUSD stablecoin, LUNA was sent into freefall as more and more coins were being minted to attempt to re-stabilize UST. Unfortunately, this caused a vicious cycle that pushed LUNA’s price to worthless levels, effectively wiping out billions of dollars worth of Terra Luna value. дальше »

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