LUNA holders may veto the live vote to fork the Terra network
The voting to fork Luna is underway and is just 13% shy of being vetoed by the community and thus failing
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Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
The voting to fork Luna is underway and is just 13% shy of being vetoed by the community and thus failing
Liam 'Akiba' Wright 2 min read
Mike Novogratz addresses the crypto community after more than a week of silence on the matter.
The Terra implosion provoked a backlash from lawmakers who say tougher rules on stablecoins are needed to govern the space.
The law firm is applying to the Seoul Metropolitan Police Agency to seize all Do Kwon's properties in the country.
For the purposes of transparency, CZ revealed Binance's dealings with Terra including a near $1.6 billion loss incurred on holding LUNA.
According to Yun Chang-hyeon, the delay in legislation has seen investors continue losing a lot of money, and bringing in Do Kwon would help introduce measures to protect investors.
The UK's Treasury Department will be regulating stablecoins in a move that is set to create a healthy environment for stablecoin issuers and service providers.
EU regulators are using the attack on UST and USDT stumbling as proof that Europe needs a CBDC
Do Kwon has released an updated revival plan for validators to vote on and create Luna Core and Luna Classic