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Terra luna
Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters
Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion
U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes
The agency contends last week's court ruling that offerings from Terraform were securities should help make its case that the exchanges traded unregistered securities.
How South Korea’s Crypto Scene Is Emerging From Terra Luna's Implosion
The collapse of the Terra Luna stablecoin project reverberated throughout the world, causing some $60 billion to evaporate. But the longest shadow fell over Korea, where it remains today. CoinDesk's Executive Director of Global Content Emily Parker reports.
Top 5 Crypto Stories That Defined a Hectic 2022
2022 has been unlike any other year in crypto history. From the rapid demise of FTX, to the momentous Ethereum Merge, to the unraveling of TerraUSD, CoinDesk's Doreen Wang takes a look back at the most epic stories that defined this year.
Accessing Decentralized Money Markets and Lending Platforms
As cryptocurrency becomes more widely adopted and additional real-world assets become tokenized, SALT Lending co-founder Shawn Owen joins I.D.E.A.S. 2022 to discuss the significance for people to securely hold and borrow against their crypto assets, citing the ongoing crypto contagion triggered by the Terra LUNA collapse.
US Watchdog Says Banks Shying Away From Stumbling Crypto Industry
The OCC chief says lenders seem to be backing away from the industry’s recent dramas, and a new report from his regulatory agency criticizes the sector for "weak," risky practices.
2022 – Crypto Markets: A Year in Review
Coming off euphoric highs of the year before, the crypto market has endured an environment of tightening monetary policy, which led to sell-offs, implosions of projects like Terra, bankruptcy filings of CeFi companies including Celsius Network and Voyager Digital and the climactic downfall of the FTX exchange.
Former CFTC Chair: Stablecoins similar to Terra's UST Need ‘Very Strict’ Regulation and Consumer Protection
Former CFTC Chairman Timothy Massad comments on the Terra LUNA fiasco and why he suggests "very strict" regulation and consumer protection on similar algorithmic stablecoins. Plus, the impact of Tornado Cash's sanctions on future regulation.
Looking Beyond the Terra Rubble: What’s Next for Crypto?
Rumi Morales (Digital Currency Group) and Mark Yusko (Morgan Creek Capital & Morgan Creek Digital) join Selini Capital's CIO Jordi Alexander at Consensus 2022 to discuss the aftermath of Terra LUNA fiasco and the serious headwinds crypto markets are facing.
WSB Founder on Terra Meltdown: Collective Good Higher Than Sum of Money That Was Lost
WallStreetBets Founder Jaime Rogozinski discusses the fallout of Terra LUNA’s collapse and the lessons learned.