The Terra Luna price plunged 23% after co-founder Do Kwon received a 15-year prison sentence for his role in the $40 billion TerraUSD fraud.
Terra 2.0 (LUNA) is the newest iteration of cryptocurrency on the Terra blockchain. In May 2022, the Terra blockchain experienced a hard fork prompted by founder Do Kwon and voted on by the community.
Terra is made up for 2 separate crypto coins. There's UST (also called Terra USD), the algorithmic stablecoin designed to ...
Do Kwon, the founder of the Terra blockchain and its sidekick coin Luna, is planning a rebirth of sorts for Terra. Reading time 3 minutes South Korean supreme court documents show that just a week ...
The founder of Terraform Labs has a plan to revive the broken blockchain. However, Terraform Labs founder Do Kwon has a plan to revive the broken blockchain, and optimism surrounding that plan has ...
TerraUSD (UST) is a stablecoin built on the Terra blockchain and was designed to always retain its value of $1, or sometimes known as being "pegged" to the U.S. dollar. The idea is that no matter what ...
If you put $1 under your mattress, you know you’ll get $1 back when you go looking for it. When you deposit $1 with a bank, you can be pretty sure you’ll get it back even if they do more with it than ...
The Terra community has approved founder Do Kwon's plan to create a new blockchain for the luna token. The hard fork will move luna from a "classic" blockchain to a new Terra chain, but won't revive ...
Forbes contributors publish independent expert analyses and insights. I write about how bitcoin, crypto and blockchain can change the world. This article is more than 2 years old. Bitcoin BTC, ...
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