Tag: Kwon
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal d [...]
Do Kwon Pushes On-Chain Proposal Live Even as 92% Vote ‘No’ in Online Poll
“The primary challenge the Terra community has against a new fork as proposed by Do Kwon is trust,” shared Dmitry Mishunin, founder of DeFi security f [...]
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Ko [...]
Do Kwon proposes Terra hard fork to save ecosystem
On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of signifi [...]
Kwon Proposes Forking Terra in ‘Revival Plan 2’
Do Kwon is out with his second attempt at a revival plan for the troubled blockchain.
www.coindesk.com [...]
Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse
The admission comes after the stunning demise of the Terra blockchain’s flagship project.
www.coindesk.com [...]
Do Kwon proposes Terra revival, including token redistribution plan
Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic de-pegging of its algorithmic stablecoi [...]
Do Kwon Proposes Restart of Terra Blockchain as UST, LUNA Plummet
The plan comes as Terra’s terraUSD (UST) stablecoin, which is supposed to be pegged to the price of $1, “death spiraled” below 15 cents this week – wi [...]
Do Kwon Is the Elizabeth Holmes of Crypto
That raises a final possible parallel to Holmes: Some have made the argument that she was to a degree herself a victim of the Silicon Valley funding m [...]
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
DAI briefly surpassed UST as the biggest DeFi stablecoin on Wednesday.
www.coindesk.com [...]
UST’s Do Kwon Was Behind Failed Stablecoin Basis Cash
“Yo degens, anyone remember what Basis was? It was one of the early ‘DeFi’ algorithmic stablecoins with high ambitions, but it was shut down due to SE [...]
Terra Founder Do Kwon Supports Community’s UST Proposal; LUNA Slides
“The price stabilization mechanism is absorbing UST supply (over 10% of total supply),” Kwon explained in a tweet in European hours, explaining how US [...]
Terra founder Do Kwon shares plan to save the UST stablecoin peg
Do Kwon, CEO of Terraform Labs, will not admit defeat. After an 18-hour wait in which his coins Terra (LUNA) and TerraUSD (UST) endured a face-ripping [...]
Terra, CEO Do Kwon Ordered to Comply With SEC Subpoena Related to Mirror Protocol Investigation
A U.S. District Court judge in New York ordered Terraform Labs and its CEO Do Kwon to comply with subpoenas the U.S. Securities and Exchange Commissio [...]
Stader Labs announce $12.5 million strategic raise, receives praise from Terra founder Do Kwon
On Thursday, Stader Labs, a crypto firm building decentralized finance, or DeFi, products for proof-of-stake blockchain networks, announced that it ra [...]