Just In: LUNA Founder Do Kwon Slammed with 4-Month Sentence in Prison

Creator of Terra, the embattled Do Kwon, has been sentenced, but it's not about LUNA token crash

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Do Kwon makes bold claims about LUNA in this recent interview

Do Kwon made his first public appearance since the fall of Luna, with an interview he did with Coinage. There’s been a lot of negative sentiment against Do Kwon, with speculators believing that Do KThe post Do Kwon makes bold claims about LUNA in this recent interview appeared first on AMBCrypto.

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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...

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Криптовалюта не может упасть до нуля, говорили они. Binance остановила торги LUNA и UST

В связи с критическими проблемами в экосистеме Terra, Binance остановила торги токенами LUNA и UST. История проекта Компания Luna Foundation Guard (LFG) и ее лидер До Квон (Do Kwon) прославились своим обещанием купить биткоины на общую сумму более $10 млрд для обеспечения многообещающего стейблкоина TerraUSD (UST).

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Do Kwon fears for his safety following Terra (LUNA) implosion

Korean news outlet Money Today has reported that TerraForm Labs CEO Do Kwon has requested police protection. The post Do Kwon fears for his safety following Terra (LUNA) implosion appeared first on CryptoSlate.

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Terra Outlines Emergency Plans To Save LUNA And UST

Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The […]

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Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra Money Twitter account shared the finer points of Do Kwon’s initial rescue plan: expanding the base pool, burning UST and staking LUNA.

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Terra Co-Founder Reveals a Recovery Plan as LUNA Price Free Falls

Do Kwon unveiled a much-awaited recovery Terra LUNA and UST stablecoin recovery plan in an elaborate Twitter thread on May 11. The post Terra Co-Founder Reveals a Recovery Plan as LUNA Price Free Falls appeared first on BeInCrypto.

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Who is Do Kwon, and where did all go wrong for UST founder?

I’ve been in cryptocurrency for a few years now, but I’ve never seen anything like the events of the last 48 hours. We have seen a stablecoin worth $18 billion – UST –  go poof, as well as the accompanying asset – LUNA – which was at its peak worth $42 billion.

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TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash

Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple of days. The post TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash appeared first on CryptoSlate.

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Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST

Do Kwon has announced a recovery plan in the works for UST and, therefore, the Terra ecosystem. The post Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST appeared first on CryptoSlate.

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“Terra’s Return to Form Will be a Sight to Behold,” Says Do Kwon As He Unveils UST and LUNA Recovery Plan

Drama in the Terra ecosystem has taken a turn for the worse as the LUNA price continued its third consecutive day of falling.

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Terra's Do Kwon Finally Releases Recovery Plan for UST, Community Recalls "Lehman Brothers" Tragedy

Here's how Terra (LUNA) team is going to address collapse of TerraUSD (UST) stablecoin

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Terra Founder Do Kwon Supports Community's UST Proposal, LUNA Slides

Kwon said Terra endorses a community proposal that seeks to bring UST back to its intended $1 peg.

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Terra's Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

Entire Luna and UST community still waiting for a plan

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How Terra Is Using Its Bitcoin Reserves To Keep UST Stable

Terra, through the Luna Guard Foundation (LFG), has been purchasing bitcoin to use as reserves for its UST stablecoin. This has gone well according to plan and out of the $10 billion worth of bitcoin founder Do Kwon said that the foundation would be buying for its reserves, more than $2.9 billion in BTC has […]

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Bitcoin price target now $29K, trader warns after Terra weathers $285M ‘FUD’ attack

Doom and gloom continues for Bitcoin markets as Terra’s Do Kwon brushes aside a “deliberate and coordinated“ attack on its TerraUSD and LUNA tokens.

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Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC

Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1. 5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10 billion The Luna Foundation Guard now holds 80,394 BTC The Luna Foundation Guard has acquired an additional 37,863 Bitcoin worth $1.

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Why LUNA has been facing a tough time despite multiple tailwinds to support it

For various reasons, Terra has had a dominating run on the headlines for the last couple of weeks. It has been stocking up Bitcoins along with AVAX for its UST reserves as well as Do Kwon’s stateThe post Why LUNA has been facing a tough time despite multiple tailwinds to support it appeared first on AMBCrypto.

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Do Kwon Buys 4,000 Bitcoin, Another $100 Million Transferred

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Several Crypto Twitter analysts create LUNA “exposes,” Do Kwon responds

The ninth-largest cryptocurrency by market cap, LUNA, has come under fire this weekend as two relatively unknown analysts released an ‘expose’ on the LUNA / UST peg. The post Several Crypto Twitter analysts create LUNA “exposes,” Do Kwon responds appeared first on CryptoSlate.

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Do Kwon Buys Another $230 Million Bitcoin

Luna is back to buying bitcoin with a bigger purchase than usual performed earlier today after a pause. Blockchain data shows the Luna Foundation Guard Reserve Wallet transferred 231,400,000 USDt...

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LUNA Poised To Moon As Terra’s Do Kwon Vows To Become World’s Biggest Bitcoin Holder Besides Satoshi

Terra, the fast blockchain taking on Ethereum, has stolen the spotlight in recent days after the Luna Foundation Guard (LFG) outlined plans to purchase billions worth of bitcoin as an additional security layer for its UST stablecoin.

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‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla’s

The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not “capable of moving” Bitcoin markets.

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Terraform Labs CEO closes $10M bet on LUNA price

Terraform Labs CEO Do Kwon finalised a bet with GCR, a crypto personality (short for Gigantic Rebirth) of $10 million. Do Kwon is betting on a higher future price of Terra (LUNA/USD). Both parties have sent $10 million in stablecoins to an escrow account.

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Основатель Terraform Labs поставил $1 млн на то, что LUNA не упадет в цене ниже $88

Основатель Terraform Labs принял пари от криптоэксперта Sensei Algod, который заявил, что токен LUNA через год упадет в цене ниже $88. Глава Terraform Labs До Квон (Do Kwon) схлестнулся с Sensei Algod в Twitter.

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Terra is preparing to burn more than 9% of the total LUNA supply

Do Kwon, co-founder and CEO of Terraform Labs, the South Korean company behind the blockchain project Terra (LUNA), recently announced on Twitter that the on-chain vote for the project’s proposal 44 will be initiated on Wednesday and will be in a voting period for two weeks.

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Terra founder Do Kwon files lawsuit against the U.S. SEC

Do Kwon and Terraform Labs (TFL), the South Korean company behind the blockchain project Terra (LUNA), are suing the US Securities and Exchange Commission (SEC), last week’s filing shows. The post Terra founder Do Kwon files lawsuit against the U.S. SEC appeared first on CryptoSlate.

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Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to $10 Bln, says Founder

As demand for UST rises with more projects joining the Terra ecosystem, it will accelerate “the expansion of the stablecoin supply and accruing value to LUNA holders,” said co-founder Do Kwon. The post Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to Bln, says Founder first appeared on BitcoinExchangeGuide.

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