Absolute News

Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price... Read more
Posted by cointelegraph.com 6 hours ago

Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the... Read more
Posted by bitcoin.com 17 hours ago
South Korean Agency Fines Terraform Labs for Tax Evasion
The saga with Terraform Labs and its co-founder Do Kwon keeps hitting the wires. A recent report unveiled that South... Read more
Posted by financemagnates.com 24 hours ago

South Korean watchdog reportedly fines Terraform Labs $78M for tax evasion
According to South Korean corporate tax laws, foreign-registered companies are treated as domestic if the decision-making process and operations are... Read more
Posted by cointelegraph.com yesterday

Tally Labs strive to expand decentralized content ecosystem with $12M funding
The announcement of the firm's inaugural capital raise from prominent investors is set to propel the vision for the construction... Read more
Posted by cointelegraph.com 2 days ago

The ‘underground’ story behind China’s ban on crypto-mining
Last year, China imposed an absolute ban on attributes related to the largest cryptocurrency, Bitcoin. In June 2021, China told... Read more
Posted by ambcrypto.com 3 days ago

Crypto users react to Terraform Labs legal team purportedly leaving company
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal... Read more
Posted by cointelegraph.com 3 days ago

Terra’s Revival Plan 2: ‘Much Ado About Nothing?’ Here’s what we ‘Do Kwon’
A one-of-a-kind incident in the crypto market was the Terra [LUNA] debacle of last week. With spiraling investors and the... Read more
Posted by ambcrypto.com 3 days ago

Do Kwon proposes Terra hard fork to save ecosystem
Terraform Labs will put the proposal up for a governance vote on May 18 Asia time.... Read more
Posted by cointelegraph.com 4 days ago

Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs... Read more
Posted by bitcoin.com 6 days ago
Do Kwon’s Proposed Terra ‘Revival’ Puts UST, LUNA Holders in Charge
A “Revival Plan” submitted Friday by the Terraform Labs CEO would redistribute ownership of the network.... Read more
Posted by coindesk.com 7 days ago
Do Kwon fears for his safety following Terra (LUNA) implosion
Korean news outlet Money Today has reported that TerraForm Labs CEO Do Kwon has requested police protection.The postDo Kwon fears... Read more
Posted by cryptoslate.com 7 days ago

Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity... Read more
Posted by cointelegraph.com a week ago
Crypto Risk Monitoring Firm Solidus Labs Raises $45M
Liberty City Ventures led the round for the market surveillance and risk monitoring startup, which has several ex-regulators as backers... Read more
Posted by coindesk.com a week ago
LUNA Issuer Terra Halts Blockchain After Week of Losses
The price of LUNA has fallen too low to prevent governance attacks, according to Terraform Labs.... Read more
Posted by coindesk.com a week ago

TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current... Read more
Posted by cryptoslate.com a week ago
Terra founder reportedly has link to failed stablecoin, Basis Cash
A former Terra Labs employee has reportedly revealed that Terra co-founder Do Kwon was one of the creators of Basis... Read more
Posted by cryptoslate.com a week ago
Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets
Shares of Coinbase Global (COIN) dove almost 25% on Wednesday after reporting disappointing first-quarter earnings.... Read more
Posted by coindesk.com a week ago
Attorney Says Possible ‘Game, Set and Match’ for Ripple and XRP Lawsuit – Here’s Why
A lawyer and crypto legal expert says that a breach of ethics could mark the end of the U.S. Securities... Read more
Posted by dailyhodl.com a week ago

ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
A botched minting process and the collapse of Otherdeed’s price have taken a toll on ApeCoin, leading investors to question... Read more
Posted by cointelegraph.com a week ago
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