Terraform Labs, co-founded by Do Kwon and Daniel Shin, transferred Convex Finance (CVX) tokens worth millions to another wallet address on Tuesday. The massive transfer has come almost a year after the Terra-LUNA crisis that […]
Daniel Shin, the co-founder of Terraform Labs—once one of the most valuable crypto exchanges before its flagship TerraUSD (UST) stablecoin imploded last year—was indicted by South Korean authorities on Tuesday. Ten individuals, all directly linked […]
The Luna Foundation Guard (LFG) and Terraform Labs (TFL) commissioned a technical audit of their efforts to defend the price of TerraUSD (UST) — since rebranded TerraUSD Classic (USTC) — between May 8 and 12. […]
Terra was one of the blockchains based on the scalable and open-source Cosmos framework. Because Cosmos architecture allows far greater transaction speed and scalability than Ethereum, Terra became a top contender as an “Ethereum killer”. […]
Blockchain analytics firm Nansen says that there was never a clear delineation between FTX and Alameda Research, and that FTX’s strategy for keeping Alameda afloat started to come apart around the time TerraUSD collapsed. Nansen […]
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