Terra

The beleaguered TerraForm Labs CEO Kwon Do-hyung, also known as Do Kwon, denied reports on Wednesday that South Korean prosecutors have frozen Bitcoin (CRYPTO: BTC) assets worth 56.2 billion won ($39.6 million) of Terra Luna Foundation. South Korea's News1 reported that on...

Do Kwon, founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, has been issued an international arrest warrant over the collapse of his blockchain platform Terraform Labs and multiple criminal charges slapped by South Korea. What Happened: The ...

The founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, Do Kwon on Sunday denied that he was on the run after the Singapore police said he was no longer in the country.  Last week, South Korean authorities issued an arrest warrant for Kwon and five...

A new meme coin calling for the arrest of Do Kwon has seen a massive surge in price following South Korean authorities issuing an arrest warrant for the Terra (CRYPTO: LUNA) founder. What Happened: A newly launched meme coin called JailKwon (CRYPTO: JKWON) soared 500% to a...

South Korean authorities have issued an arrest warrant for Terra (CRYPTO: LUNA) founder Do Kwon and five others in connection with the Terraform Labs case, Bloomberg reported on Wednesday. What Happened:  A local media publication reported earlier on...

More than 100,000 traders lost over $360 million in cryptocurrency markets over the last 24 hours as prices tumbled, as per data from CoinGlass. What Happened: Bitcoin’s (CRYPTO: BTC) price saw a sharp decline on Tuesday — from above $22,618 to around $20,062 — at...

Here’s a look at how three of the most popular cryptocurrencies have performed in 2022 and how much a hypothetical investment of $1,000 in each would be worth now. What Happened: After a strong 2021 for the cryptocurrency market, 2022 could go down as one of the darker periods for the...

Vitalik Buterin, the Ethereum (CRYPTO: ETH) blockchain co-founder, recently said that the decline in the price of crypto assets is suitable for the market as it will expose weaknesses.  During a recent interview, Buterin said that crypto prices dropping are good at...

Jordan Belfort, the former stockbroker known as "The Wolf of Wall Street," explained why he changed his view on Bitcoin (CRYPTO: BTC) and the wider cryptocurrency market. What Happened: In a recent interview with Yahoo Finance, Belfort said that he still...

Pseudonymous cryptocurrency trader “Algod” bet $1 million on Terra (CRYPTO: LUNA) crashing weeks before the event unfolded. His position against trades recommended by Jim Cramer has now doubled. What Happened: In a Twitter update on Monday, Algod said his...

An on-chain study by blockchain analytics firm Glassnode states that the "final flush" of sellers, signaled by a recent surge in short-term Bitcoin (CRYPTO: BTC) holdings, demonstrates that capitulation events have come to an end and the cryptocurrency market is now prepared for months of...

Ethereum (CRYPTO: ETH) creator Vitalik Buterin cautioned his Twitter followers against investing in cryptocurrency projects that offer farfetched returns.  What Happened: In a tweet on Wednesday, Buterin said that an “important lesson for the crypto space”...

Shiba Inu (CRYPTO: SHIB) has been making numerous strategic advances to enhance its ecosystems, including its Layer 2 Shibarium and its stablecoin set to release this year. What Happened: The famous meme coin Shiba Inu has grown by over 50,000,000% in the past 2 years. Witnessing an immense bull...

Decentralized finance (DeFi) platform Aave (CRYPTO: AAVE) is launching a new stablecoin called GHO. What Happened: Aave announced its plans on June 7. The company, which allows you to lend and borrow crypto, released an over-collateralized stablecoin named GHO to be collateralized by assets on the...

On a recent visit to New York, South Korea’s Justice Minister Han Dong-hoon convened with U.S. officials to discuss ways to better investigate financial crimes — especially those related to cryptocurrencies. According to a South Korean news agency, both nations agreed to share data on...