Analysis
Audit reveals Luna Foundation Guard spent $2.8B to defend UST peg in May
Kwon said the audit proves that Terra's failure is different from recent crypto failures where operators misused customers' funds.
Oluwapelumi Adejumo 2 min read
LUNC
Terra news today
Tracking Terra’s collapse, ongoing legal fallout, and its impact on the broader digital asset landscape.
Terra Price $0.00005458
Coverage footprint 1.0%
Top Terra Stories
Bear Market
Terra Luna founder Do Kwon surfaces on UpOnlyTV live on Twitch
Do Kwon appeared on UpOnlyTV as FTT tanks to $9 in Terra Luna esq death spiral.
Web3
A look at similarities between the 2000 dot-com bubble & post-COVID-19 bubble
Rampant speculation and an influx of VC funding can be seen across both the dot-com bubble and post-COVID-19 bubble. Is crypto ready for a revolution similar to the early 2000s?
Latest Terra News & Analysis
Crypto
CryptoSlate Wrapped Daily: Do Kwon wants conference with law enforcement; pressure on miners to rise after excepted upcoming difficulty spike
DOGE falls 9% in 24 hours after Twitter got sued over planning to downsize by 50%, Bitcoin mining difficulty is expected to increase on Sunday, and much more in this edition of CryptoSlate Wrapped Daily.
People
Terra Do Kwon wants to invite the police for a conference
Kwon said that those spreading falsehood would have a VIP invitation to the event.
People
Korean authorities reportedly have proof of Kwon’s LUNA price manipulations
Korean prosecutors have obtained a private conversation where Do Kwon ordered LUNA's price to be manipulated.
Tokenization
Terra LUNA Classic community reduces tax burn to 0.2%
The LUNC community passed Proposal 5234 to reduce the tax burn from 1.2% to 0.2%.
Bear Market
Terra co-founder Do Kwon tells Laura Shin fraud charges against him are illegitimate
During his second interview post Terra crash, Do Kwon said fraud charges against him are outside of the scope of South Korea's Capital Markets Act, therefore invalid.
Stablecoins
Terra USTC spikes 33% after talks of re-peg
The proposal has led to increased interest in USTC and other Terra classic ecosystem tokens.
More Terra News Headlines
Legal
Luna Foundation blames litigations for non-distribution of assets to Terra holders
Crypto
CryptoSlate Wrapped Daily: South Korean authorities fail to follow through on Do Kwon aide’s arrest; EU puts more crypto sanctions on Russia
Regulation
South Korean court dismisses arrest warrant for Do Kwon’s aide
Legal
