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The Latest Breaking News from LUNA

The cryptocurrency exchange imploded within a few days, causing a financial earthquake whose consequences have yet to be determined.

The Street

Bumpy Road for Coinbase, Microstrategy and Bitcoin

The crypto industry is reeling from the emergency acquisition of the empire of the sector evangelist Sam Bankman-Fried.

The Street

Analysis: A Tweet Just Cost Investors $153 Billion — How CZ May Have Tanked FTX, Crypto Before Acquisition

A feud between Sam Bankman-Fried and Changpeng Zhao is wreaking havoc on the cryptocurrency market over the last 24 hours.

Benzinga

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Binance Emerges as Winner of Crypto Winter With Potential FTX Acquisition

Binance and FTX were two of the strongest companies coming out of a brutal summer for crypto, but now FTX is turning to Binance as it struggles with a “liquidity crunch.”

The Street

Binance Passes On FTX Takeover, Bitcoin Rebounds On CPI Data

Binance will not buy FTX's non-U.S. operations as the exchange faces a liquidity crisis. Cryptocurrency prices rebound on Thursday CPI data

Investors Business Daily

Crypto Investors Fearful of Larger Crash From FTX

FTX's downfall could signal a larger correction in the cryptocurrency market.

The Street

FOREO launch new LUNA 4 which reduces puffiness, removes dirt and grime from your face

Proven to remove 99% of dirt, excess oil and makeup residue - celebrities that FOREO can count as a loyal fans include Rita Ora, Paris Hilton and Venus Williams

Daily Mirror

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Fallen Luna Crypto Founder Taunts Authorities

Do Kwon is at the center of investigations into the collapse of sister tokens Luna and UST, which wiped out at least $55 billion.

The Street

Crypto Price Check: Bitcoin Edges Higher After Fed Action

Cryptocurrency prices are slightly higher one day after the Federal Reserve raises its Fed Funds rate.

The Street

Crypto Crime: the Founder of Luna May Be on the Run

Luna and its sister token UST collapsed in May. An arrest warrant for their main founder has been issued.

The Street

South Korea's cryptocurrency ‘guru’ Do Kwon turns fugitive

Do Kwon, the creator of the cryptocurrencies Luna and TerraUSD, has become one of the most hated men in South Korea after a Seoul court issued an arrest warrant for him this week over his alleged role in the collapse of the global cryptocurrency market earlier this year.

France 24

Crypto Crash: Arrest Warrant Issued for Luna Co-Founder

The collapse of sister tokens Luna and UST in May caused a global rout in the cryptocurrency market.

The Street

LUNC Gains 60% In 24 hours: Are Investors Faith Restored?

In an apparent indication of renewed investor faith in a project that cost them more than $60 billion in May 2022, Terra Classic (CRYPTO: LUNC), the original token of the old

Benzinga

South Korean Founder of Failed Terra Coin Admits He Was 'Wrong'

The co-founder of the failed Terra cryptocurrency, which collapsed and wiped out about $40 billion of investors' money in May, has admitted he was "wrong", but said that he was not talking to South Korean investigators. The dramatic disintegration of stablecoin TerraUSD and its sister token Luna -- which both…

Asharq Al-Awsat

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Benzinga

'I Didn't Sleep For 8 Days,' Terra Luna Founder Do Kwon Tells Coinage Following Crypto Collapse

Do Kwon, founder of Terraform Labs, recently spoke with cryptocurrency media company Coinage in Singapore — his first media interview since the collapse of Terra Luna earlier this summer. Here's what he discussed:

Zenger

Sei Network Helps Normalize Decentralized Finance With On-Chain Orderbook

Only 15.2 million people worldwide owned cryptocurrency in July 2017. Now, that number has jumped to 82 million crypto owners, according to is working to build exactly that architecture. Launched as a layer-1, meaning its blockchains can validate transactions without another network, and built on the Cosmos SDK, the most…

Investors Business Daily

What Is Cryptocurrency?

In the simplest terms, cryptocurrency is internet money and digital assets. Cryptocurrencies have made headlines for eye-popping valuations — and crashes. Bitcoin soared to all-time-highs of $69,000 last November, but has free-fallen to around $22,000. Long term crypto bulls, nicknamed maxi's — short for maximalists — believe the technology will…

The Street

Crypto: A Bernie Madoff-Style Scheme May Have Crushed Prominent Lenders

Most financially troubled crypto lenders have one thing in common: hedge fund Three Arrows Capital.

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Bangkok Post

Crypto bankruptcy adds to Thai woes

The collapsing value of Thai digital assets has been exacerbated by the bankruptcy of US-based Celsius Network, following months of rapidly deteriorating sentiment in the global and domestic cryptocurrency markets and a series of insolvencies among high-profile crypto lenders.

The Street

Crypto: Liquidity Crisis Spreads to Major Exchanges

The crisis of confidence affecting crypto lenders is now spreading to major exchanges.

The Street

What's Wrong With Coins? Crypto Crisis Explained

The crypto industry is currently going through an unprecedented crisis. Here's a guide to what's going on, and what might be next..

The Street

Mark Zuckerberg, Facebook Say Goodbye to Their Crypto

The CEO of the social media giant has just buried the last project of his ambitions in crypto.

The Street

Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders

Voyager Digital just abruptly halted fund withdrawals, while BlockFi struck a deal with a potential savior.

The Street

FTX Reportedly Close to Buying BlockFi

An acquisition could take several months to close, and the price could shift between now and Friday.

The Street

Crypto Crash: A First Big Domino Falls...Who's Next?

Hedge fund Three Arrows Capital (3AC), which bet big on failing crypto Luna and UST, falls into liquidation.

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