Terra-related tokens dump as SEC labels them securities
In the Feb. 16 complaint, the SEC alleged that several tokens related to the Terra ecosystem were securities.

Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
The Terra Classic community has passed a proposal to relink LUNA Classic and the de-pegged USTC stablecoin.
Active addresses indicate that the bear market set in months before BTC and ETH prices attained all-time highs in November 2021.
Even though the recent bear market isn't encouraging for Bitcoin, which has fallen by 66% since January, it's still better than the bear market of 2018.
Terra Classic gets a price boost after Christmas as proposals to improve chain development are suggested.
Ethereum-based DeFi projects have a combined TVL of $45.96 billion — 65.6% of all TVL in DeFi across crypto, according to data from DeFiLlama.
U.S. banking committee argue SBF 'must answer ' for FTX, EthereumMAX lawsuit thrown out and more in this CryptoSlate Wrapped Daily