Terra

Terra

Finance

South Korean Prosecutors Raid Terra Co-Founder Daniel Shin's Home: Report

The authorities are continuing their investigation into fraud allegations at the center of the Terra collapse.

Terra co-founders Daniel Shin (left) and Do Kwon in happier days (Terraform Labs)

Videos

CryptoQuant CEO: South Korea’s Probe Against Terra Won’t Affect Crypto Markets

Reacting to South Korean prosecutors raiding seven local crypto exchanges and firms as part the investigation into Terra’s collapse, CryptoQuant CEO Ki Young Ju discusses the market sentiment in Korea. Ju explains why “Koreans don’t care [about] exchange raids.” Plus, reactions to Korea postponing its 20% crypto tax until 2025.

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Videos

Report: Prosecutors Raided 7 Korean Exchanges Amid Terra Probe

Seven crypto exchanges in South Korea have reportedly been raided by prosecutors probing a fraud case in connection with the collapse of algorithmic stablecoin terraUSD (UST) and LUNA. “The Hash” hosts discuss the latest in the Terra turmoil.

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Finance

Prosecutors Raid 7 Korean Exchanges Amid Terra Probe: Report

Seven exchanges and eight other addresses have been raided in connection to the Terraform Labs fraud investigation.

The offices of Bithumb and six other South Korean crypto exchanges were reportedly raided by investigators. (Shutterstock)

Policy

'Singapore-based' Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says

Troubled companies like Three Arrows – reported by the media as being based in Singapore – have "little to do" with local crypto regulations, said the head of the Monetary Authority.

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Layer 2

Satoshi Wept: How Crypto Replayed the 2008 Financial Crisis

It only took 13 years for crypto to recreate the same kind of financial crisis it was designed to prevent. Here’s how it (almost) all went down.

(Rachel Sun/CoinDesk)

Videos

Terra Projects Begin Moving to Polygon 2 Months After UST Debacle

Almost two months after Terra collapsed following TerraUSD (UST)’s implosion, more than 48 projects previously on the network have begun migrating to Polygon. “The Hash” squad discusses what this means for the fate of the Terra ecosystem.

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Finance

Terra Projects Begin Moving to Polygon 2 Months After UST Debacle

Over $20 million had been earmarked to help projects that are migrating.

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Videos

Nansen Research: Terra Collapse Triggered StETH’s Depeg

As the Three Arrows Capital (3AC) fiasco continues to ripple through the industry, staked ETH (stETH) has “depegged” from its prior one-to-one relationship with the spot market value of ether.

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Finance

Nansen Report Shows Links Between Terra Collapse and stETH 'De-peg'

The report also explores how Celsius, Three Arrows Capital, and other firms were impacted by stETH's deviation from ETH.

June was a month the crypto industry would rather forget. (Adam Gault/Getty Images)