Do Kwon

China’s Mining Re-Emergence; Terra Community Wants Answers
China’s Mining Re-Emergence; Terra Community Wants Answers
Study shows China accounts for 21% of Bitcoin mining hashrate despite ban. Indian financial watchdog warns against celebrity crypto endorsement. Do Kwon’s lack of answers frus...
China’s Mining Re-Emergence; Terra Community Wants Answers

Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenize...
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin

Terra's DAO-approved sponsorship included outfield signage at Nationals Ballpark, Washington, D.C. (Danny Nelson/CoinDesk)
Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’
“$UST peg failure is Terra’s DAO hack moment,” the Terraform Labs CEO wrote, “a chance to rise up anew from the ashes.”
Terra's DAO-approved sponsorship included outfield signage at Nationals Ballpark, Washington, D.C. (Danny Nelson/CoinDesk)

Terra's UST and LUNA Collapse: How the Crisis Unfolded
Terra’s UST and LUNA Collapse: How the Crisis Unfolded
TerraUSD (UST), an algorithmic stablecoin that is supposed to stay pegged to the dollar collapsed over 90% over one week.
Terra's UST and LUNA Collapse: How the Crisis Unfolded

LFG/Gemini (Elliptic)
What Happened to the $3.5B Terra Reserve?
Blockchain analytics firm Elliptic follows the money to major exchanges Gemini and Binance.
LFG/Gemini (Elliptic)

Portrait of Terra founder Do Kwon for CoinDesk's "Most Influential" (Jake the Degen/CoinDesk)
Satoshi's Mission, LUNA, UST and Where Crypto Went Wrong
In 2009, Satoshi Nakamoto encoded a mission statement for the industry in Bitcoin's first block. Essentially, crypto should first do no harm.
Portrait of Terra founder Do Kwon for CoinDesk's "Most Influential" (Jake the Degen/CoinDesk)

“I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money,” Kwon tweeted.(Dhaval Parmar/Unsplash/Photomosh)
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.
“I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money,” Kwon tweeted.(Dhaval Parmar/Unsplash/Photomosh)

The Earth had recently formed when it was struck by a protoplanet called Theia roughly three times the size of Mars. The collapse of the Terra blockchain system has had comparable impacts on some holders. (Mark Garlick/Getty Images/Science Photo Libra)
The Human Cost of Lunatic Hubris
Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.
The Earth had recently formed when it was struck by a protoplanet called Theia roughly three times the size of Mars. The collapse of the Terra blockchain system has had comparable impacts on some holders. (Mark Garlick/Getty Images/Science Photo Libra)

Terra Halts Network; Do Kwon Security Concerns
Terra Halts Network; Do Kwon Security Concerns
Terra shuts down indefinitely with luna (LUNA) and TerraUSD (UST) left on life support. Wife of Terraform Labs Founder Do Kwon requests police protection. Tether stabilizes af...
Terra Halts Network; Do Kwon Security Concerns

Meet the Terra Skeptic Who Predicted UST's Turmoil
Meet the Terra Skeptic Who Predicted UST’s Turmoil
Kevin Zhou, founder of crypto-quant hedge fund Galois Capital and a noted skeptic of Do Kwon and the Terra community, dissects what he got right about UST stablecoin months be...
Meet the Terra Skeptic Who Predicted UST's Turmoil