Terraform Labs

The highly anticipated South Korean film Crypto Man inspired by real events surrounding a $50 billion Won cryptocurrency crash is set to hit theatres in Jan 2025.

Binance clarified that BFUSD is not a stablecoin after concerns arose over its high yields and comparisons to Terraform Labs' failed TerraClassicUSD.

Despite his imprisonment, it is reported that Do Kwon, the disgraced founder of Terra, managed to make multiple cryptocurrency payments while in custody in Montenegro.

Fracture Labs has sued Jump Trading, accusing it of running a "pump and dump" scheme with DIO tokens, allegedly manipulating the token's price for profit during FractureLabs' fundraising.

Avalanche Foundation is set to repurchase 1.97 million AVAX tokens from Terraform Labs as part of a bankruptcy settlement, reclaiming its assets while avoiding prolonged litigation.

The Terra blockchain suffered a security breach due to a missed patch, resulting in a significant loss of tokens. The platform is implementing emergency measures to prevent future attacks.

Terraform Labs has agreed to a $4.47 billion settlement with the SEC, and U.S. agencies warn of ongoing crypto fraud.

Do Kwon's wife successfully defended her assets in court amid accusations tied to the TerraUSD collapse, securing protection for properties contested by the South Korean government. Meanwhile, Kwon faces extradition requests from the US and South Korea, complicating his legal standing while detained in Montenegro.

Ethena made history with its USDe surpassing $3B just four months after launch. Its Sats campaign will continue until 2 September or until USDe supply reaches $5B. However, the ENA token has declined over 50% in the past month. Will Ethena's USDe follow the path of other high-profile stablecoin collapses?

The tattoo... was it a "LUNA-tic" decision?