Seoul court holds first hearing for Terra co-founder Daniel Shin
Shin did not personally attend the first hearing, local media reported. His lawyers requested more time for trial preparation, with the second trial preparation date set for August 28.
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Shin did not personally attend the first hearing, local media reported. His lawyers requested more time for trial preparation, with the second trial preparation date set for August 28.
The plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday.
Given the ongoing revival campaign for Terra Ecosystem, developers are unveiling roadmaps to launch a comeback for the fallen blockchain.
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook several red flags with the project that eventually led to a multi-million dollar loss for the hedge fund.
Terra took quite a beating as the Ethereum creator and CEO of Binance criticized Terra and UST token via Twitter. ...
Terraform Labs will put the proposal to a governance vote on May 18th, Asia time.
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events.
Kim said in his article: "Reusing the Terra chain will completely reduce the intrinsic value of the Terra chain to zero."
The operator of one of Terra's masternodes was unhappy with the events that caused the Terra chain to cease, and wanted to create an entirely new blockchain to replace Terra.
Until a few days ago, Terra was considered one of the most promising projects.