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Jan 22, 2024 · Terraform Labs, the company behind the $40bn collapse of terraUSD digital tokens in 2022, has filed for Chapter 11 bankruptcy protection in the state of Delaware, as its co-founder Do Kwon...
- Song Jung-A
Jun 1, 2022 · A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
May 27, 2022 · How Terra’s stablecoin collapsed and sent shockwaves through crypto markets. This week, backers of the failed cryptocurrency project Terra voted to revive the initiative, with a new luna ...
Sep 30, 2021 · It makes Terra a premier hub of inter-chain activity in crypto, unleashing a new theater of data analytics and liquidity coursing through a diverse Cosmos ecosystem ready to explore.
- The Intern
Terra is a blockchain protocol and payment platform used for algorithmic stablecoins. The project was created in 2018 by Terraform Labs, a startup co-founded by Do Kwon and Daniel Shin. It was best known for its Terra stablecoin and the associated LUNA reserve asset cryptocurrency.
The cryptocurrency company behind the crashed TerraUSD and Luna tokens has filed for bankruptcy in the US. Terraform Labs' tokens collapsed in May, losing $40bn of their value and contributing to...
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What is Terra & how does it work?
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Is Terra reviving Ust & Luna?
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May 25, 2022 · Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the crypto...
