Terra


Markets

Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon

Terra-based decentralized finance products saw outflows of over $20 million Wednesday morning.

Terraform Labs CEO Do Kwon. (CoinDesk TV, modified)

Finance

South Korean Court Issues Arrest Warrant for Terra Co-Founder Do Kwon

The warrant also includes five others, according to a report.

Do Kwon, cofundador de Terraform Labs. (Terra)

Markets

Terra’s LUNA Tumbles More Than 30%, Making U-Turn From Surge

The price action in LUNA and LUNC tokens looks more like that of meme tokens such as DOGE and SHIB.

Los nuevos tokens LUNA, de Terra, se desplomaron casi en el mismo momento de su lanzamiento. (NASA)

Markets

Terra’s LUNA Token Gains 200% in a Few Hours Amid Speculative Frenzy

The sudden rally of the revived Terra network’s token comes after a similar surge of the collapsed Terra Classic blockchain’s LUNC token.

Las acciones de compañías de la industria cripto se dispararon el lunes. (Midjourney/CoinDesk)

Markets

Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule

In an attempt to revive the failed Terra blockchain’s token, the approved proposal will destroy 1.2% of every transaction to reduce supply.

When Terra's UST stablecoin fell of its peg, it undermined confidence in stablecoins. (moonjazz/flickr)

Finance

Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report

Authorities in the country have trending towards strict oversight since the terraUSD collapse.

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Tech

'Don't Say Terra' and Other Reflections From Korea's Crypto Extravaganza

A string of conferences in Seoul explored the future of DeFi, but the $40 billion blowup of a major Korean project was not on the agenda.

According to former employees, "Terra" was the unofficial beer of Terraform Labs.  (Sam Kessler/CoinDesk)

Opinion

‘Down Infinite’: A Ham-Fisted Attempt to Rehabilitate Do Kwon’s Image

Why does crypto welcome back fraudsters, and other questions raised by a softball interview with Terra's founder.

(Terra, Getty Images, Modified by CoinDesk)