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Terra (LUNA) was invented by the South Korean company Terraform Labs. The company was founded in 2018 by entrepreneurs Daniel Sin and Do Kwon.

Xing previously worked on the Ticket Monster project, a South Korean online ticket booking service estimated at $1.7 billion.

LUNA is a native token of the Terra blockchain, which is based on an algorithmic stablecoin (that is, a stablecoin that regulates its supply on the market using an algorithm). The creators conceived Terra not just as another blockchain, but as a full-fledged financial and technological system with an eye on business.

Do Kwon hides 100 million USD in Switzerland

Critics have accused the Terra founder of crooked business since the collapse of his cryptocurrency in May 2022. Now a South Korean court wants evidence. Accordingly, Do Kwon is currently hiding around

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SEC files charges against Terra (LUNA) creators Terraform Labs

The US Securities and Exchange Commission continues its campaign against crypto. The SEC files charges against Terra (LUNA) creators Terraform Labs (TFL). Its co-founder Do Kwon has faced hostility since May 2022

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Ripple provides 1 billion XRP for developer funding program – XRP price rises by 7%

The first two phases of Ripple’s grant programs, which began last year, have been completed, and the third phase is expected to open on March 28. With the programs, Ripple

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