Terra-based lending protocol Anchor saw more than $1 billion in liquidations last week, the largest liquidation event for a single protocol. This happened as...
Founder Do Kwon also faces fines for alleged tax evasion, according to local media reports. A specialized financial crimes unit has been tasked with...
The crypto market has experienced many bloodbaths in the past. But last week’s crash had more catastrophic effects on the market than recent bearish...
Panic struck the crypto market last week when Bitcoin broke below support, stablecoins unpegged from the dollar, and LUNA dropped to zero. The bloody aftermath...
Kwon circulated a new proposal today in a post on a forum for Terra discussion in the wake of the collapse of Terra-based assets. It adds to his initial...