Terra


Tech

Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue

TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.

The Terra logo inside the luxury club at Nationals Park. (Danny Nelson/CoinDesk)

Videos

Friend.tech Takes Base by Storm; Layer 1 Blockchain Terra Says its Website Was Compromised

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as layer 1 blockchain Terra warns users to avoid using its website after being targeted by a phishing attack. Ethereum co-founder Vitalik Buterin deposited roughly $1 million worth of ether (ETH) to Coinbase. And, a closer look at the hype swirling around new social tokenization protocol Friend.tech.

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Finance

Terra Website Compromised; Developers Warn Against Phishing Scam

Terra warned its users to avoid using its website after being targeted by a phishing attack.

(NASA/Unsplash)

Markets

Trader Who Predicted Luna's Downfall Now Holds 450K MOON Tokens

The pseudonymous GCR likely bought 450,000 of the coins at an average price of 40 cents-45 cents, Loch Research's Prithvi Jhaveri said.

The trader who placed a $10 million bet on Luna's downfall now holds more than 450,000 MOON tokens. (Coingecko)

Videos

6 Engineers Propose Terra Classic Revival Plan

Six engineers calling themselves the “Six Samurai” are proposing a Terra Classic ecosystem revival plan for the blockchain as some community members try their best to break away from the shackles of disgraced founder Do Kwon and rebuild the project. "The Hash" panel weighs in on their effort to revive the original network created by Terraform Labs.

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Tech

Terra Classic Revival Plans Continue as 6 Engineers Aim to Revive LUNC Ecosystem

Some LUNC token holders remain committed to a Terra ecosystem revival.

Terra's advertisement displayed at the ballpark of Major League Baseball’s Washington Nationals (Danny Nelson)

Policy

U.S. Court Will Rule on Terraform Labs' Push to Dismiss SEC Lawsuit Within a Month

Terraform Labs' lawyers argued UST was not a security because it was designed for commerce, rather than as an investment.

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Policy

Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request

Courts in the country approved bail for the Terraform Labs founder, but a South Korean extradition request is set to keep him in jail.

Do Kwon. (Terra, modificado por CoinDesk)

Policy

Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court

A previous approval was annulled by a higher court after it was determined the Terra founder's finances were not sufficiently assessed in the first decision.

Terraform Labs CEO Do Kwon on CoinDesk TV in December. (CoinDesk)