Terra is an ecosystem of many different things and has many uses, but the main use case is in payment processing and in their stablecoins. In this video, we explain how their algorithmic stablecoin works, and how it’s different than the Titan/Iron crash. Join our exclusive discord community: https://discord.gg/D7hGbB5AuH Explore [...]
⚡️Hamster News⚡️ Hey Hamsters! 🐹 Today’s news — an update on the Terraform Labs bankruptcy, major movement from the defunct cryptocurrency exchange Mt. Gox, and another hack. After the downfall of the Terra ecosystem back in 2022 and a declaration of bankruptcy on Jan. 21, 2024, Terraform Labs received a date [...]
Low user numbers and sex predator scandals are killing South Korean metaverses, 3AC sues Terra, Malaysian crypto kidnappings. Asia Express. [...]
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The firm’s CEO Chris Amani says bankruptcy protections could help appeal the suit brought against it by the SEC, effectively eliminating “the single largest claim against it.” [...]
Do Kwon, the founder of Terraform Labs and creator of the Terra blockchain, sits down to be interviewed for the first time since the crash of his crypto empire to tell his side of the story to Coinage on the record. Our host lost money in Terra. And Terraform Labs [...]
Do Kwon thought he could rule the crypto world with Terra Luna, instead what followed was the largest failure to occur in the crypto space. Correction at 1:58 I showed the screenshot of the wrong project, it’s supposed to be ‘Basis Cash’, not ‘Basis Markets’. Sorry about that. — About [...]
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The Terra Allies senior full stack engineering team, known as the Six Samurai, has presented their Q3 spend proposal, emphasizing their deep passion as Luna Classic holders. [...]
The Montenegro court accepted the offered bail in the amount of $436,000 per person for Do Kwon and his former aide Han Chang-joon. [...]