Terra representatives proposed creating new network instead of holding a hard fork

May 24, 2022

Terra representatives proposed creating new network instead of holding a hard fork

If the decision to create Terra 2.0 is approved, assets and applications will need to be migrated to the new blockchain

South Korean police suspected Terra of embezzling investors’ funds

May 24, 2022

South Korean police suspected Terra of embezzling investors’ funds

The law enforcers have asked the exchanges to freeze the corporate assets of the Luna Foundation Guard, an organization created to support the TerraUSD stablecoin

Terraform Labs CEO opposed the burning of LUNA tokens

May 23, 2022

Terraform Labs CEO opposed the burning of LUNA tokens

Do Kwon believes this will not restore the Terra ecosystem and the holders will lose their assets

Avalanche Foundation lost $60 million due to Terra’s collapse

May 23, 2022

Avalanche Foundation lost $60 million due to Terra’s collapse

The head of Ava Labs compared the collapse of the project to the hacking of the Mt. Gox crypto exchange in 2014

Terraform Labs CEO liquidated the company days before LUNA and UST’s collapse

May 21, 2022

Terraform Labs CEO liquidated the company days before LUNA and UST’s collapse

Do Kwon tried to relocate the headquarters to Singapore, but failed to get a license in time

How the Terra ecosystem collapsed. Full timeline of events

May 20, 2022

How the Terra ecosystem collapsed. Full timeline of events

The editorial staff of GetBlock Magazine collected the most important news after the collapse of the LUNA token and UST stablecoin

SEC chief predicted the collapse of most digital assets’ rates by analogy with Terra

May 20, 2022

SEC chief predicted the collapse of most digital assets’ rates by analogy with Terra

According to Gary Gensler, crypto traders should be prepared for other coins to drop to almost zero

Terra CEO changed the plan to recover the system in a vote

May 20, 2022

Terra CEO changed the plan to recover the system in a vote

Some users pointed out that the adjustments should be accompanied by a new vote

G7 called to accelerate the implementation of the regulation of cryptocurrencies due to Terra’s collapse

May 20, 2022

G7 called to accelerate the implementation of the regulation of cryptocurrencies due to Terra’s collapse

G7 countries have appealed to the Financial Stability Board, which is drafting a bill

The development of the situation with Terra and the extreme fear in the crypto market. Key events of the week

May 20, 2022

The development of the situation with Terra and the extreme fear in the crypto market. Key events of the week

The most important industry news and a detailed analysis of digital assets in the weekly review of Getblock Magazine

Media: Hashed venture fund lost more than $3,5 billion in unrealized profits to Terra’s collapse

May 19, 2022

Media: Hashed venture fund lost more than $3,5 billion in unrealized profits to Terra’s collapse

The company was one of the first investors in the project in 2021

Terraform Labs’ head faced tax evasion charges

May 19, 2022

Terraform Labs’ head faced tax evasion charges

The National Tax Service of South Korea has reported a debt of $78,4 million