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The Latest Breaking News from Terraform Labs

The Luna Crash Might Have Been Intentional – Here's Why

As a result of the Luna cryptocurrency and the (CRYPTO: UST) stablecoin, which are both linked to the Terra (CRYPTO: LUNA) blockchain, the cryptocurrency market has tanked and is struggling to recover, with some even predicting the collapse of t

Benzinga

After Terra, Luna crashes, regulators count cost of crypto

Spectacular collapse of stablecoin puts focus on regulatory frameworks in South Korea and Singapore.

Al Jazeera

Terra (LUNA) Founder Do Kwon Faces $78M Fine For Tax Evasion

Terra (CRYPTO: LUNA) founder Do Kwon has reportedly been ordered to pay 100 billion won or $78 million in taxes by South Korea’s National Tax Service.

Benzinga

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Terra (LUNA) Founder Do Kwon Summoned By Korean Lawmakers As Legal Team Quits

South Korean lawmakers have reportedly summoned Terra (CRYPTO: LUNA) founder Do Kwon to appear before Congress and testify on the subject of TerraUSD’s (CRYPTO: UST) collapse.

Benzinga

Critics see risk in ‘algorithmic’ stablecoins

WASHINGTON — A new type of digital asset called an algorithmic stablecoin is gaining steam among crypto-enthusiasts — and drawing steam among critics, who warn its risks are in plain sight.

Tribune News Service

Critics see risk in 'algorithmic' stablecoins - Roll Call

Experts see risks in algorithmic stablecoins that market incentives to maintain a stable price against a currency such as the dollar.

Roll Call

What is Terra? What is Terra? Your guide to the hot cryptocurrency

Terra crypto, overseen by Terraform Labs, is a stablecoin that is intended to track the U.S. dollar.

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