Terra

Arctic Blast: An Unprecedented Cold Wave and Snowstorm Arrives in the Mediterranean

1 month ago

The Mediterranean region is bracing for an extraordinary cold wave that is expected to dramatically alter the weather landscape, bringing with it icy temperatures and snowfall in areas that typically enjoy mild winters. This sudden shift in weather patterns is the result of an Arctic wave that has descended upon Europe, extending its icy grip toward southern countries like Italy, Greece, and the coastal regions of Spain.

Greece's Copelouzos Group Predicts Major Power Link with Egypt by 2030

3 months ago

In a major development for energy cooperation in the Eastern Mediterranean, the Copelouzos Group of Greece is anticipating the commencement of a significant power interconnection with Egypt by the year 2030. This ambitious project marks a crucial step in the integration of renewable energy resources in the region, aiming to enhance energy security and sustainability.

Terraform's Do Kwon Set for 2026 Trial in New York on U.S. Fraud Charges

3 months ago

Do Kwon, the co-founder of Terraform Labs, is scheduled to face trial in 2026 in New York on multiple fraud charges related to the collapse of the Terra cryptocurrency ecosystem. The charges, led by U.S. prosecutors, accuse Kwon of orchestrating a scheme that misled investors before the dramatic fall of his stablecoin, TerraUSD, which wiped out nearly $40 billion in value.

DO Kwon, Crypto Mogul, to Be Extradited to the U.S. Following Arrest in Montenegro

3 months ago

In a significant development within the cryptocurrency realm, Do Kwon, the co-founder of Terraform Labs and a central figure behind the Terra blockchain protocol, is set to be extradited to the United States after his recent arrest in Montenegro. This has sent ripples through the crypto community, marking a new chapter in ongoing legal battles surrounding Kwon regarding allegations of fraud and market manipulation.

Stablecoin Market Surges Past Terra Era Highs, Reaching Nearly $200 Billion

4 months ago

In a significant development in the cryptocurrency landscape, the total value of stablecoins has soared to almost $200 billion, surpassing the peak levels seen during the infamous Terra era. This resurgence indicates a reinvigorated confidence among investors in digital currencies that aim to maintain price stability, amidst ongoing volatility in other segments of the market.