Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
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TerraClassicUSD (USTC), the stablecoin by Terra blockchain, has been witnessing a gaining spree lately. Not only USTC but one can also see that the rebranded version of LUNA known as Terra Classic (LUNC) is surging too just like it did the past week. Before talking about the price movements let’s …
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Terra Founder Do Kwon arrest warrant has been issued by a court in South Korea. The move came as shocking to the crypto market followers as such an update was not expected after the recent surge of Terra Ecosystem cryptos. However, some did expect such a thing to happen due …
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All is not well for Do Kwon, the Terra Founder, it seems. The International Criminal Police Organization (Interpol) has recently issued a red notice for Do Kwon. The Interpol red notice issuance is a move that is in line with the arrest warrant that was issued a few days ago. …
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The sister coin of the controversial TerraUSD is basically worthless now. There is Luna crypto collapse. Luna plunged to $0 (Luna crypto to USD) on Friday shaking the whole crypto market as per the data from CoinGecko, highlighting a stunning collapse for a digital currency that was once worth $100. …
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