LUNA, UST Investors Can’t Catch a Break as Scammers Are Now Posting Fake Terra Community Proposals

Summary: Malicious actors have been purchasing LUNA and posting fake proposals on Terra Station with phishing sites. Terra has also witnessed an increment in spam proposals as the ‘cheapness’ of LUNA makes it economically easier. The team at Terra has now added an allowlist for new proposals in the ecosystem…

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Tesla investors say a judge found Elon Musk’s ‘funding secured’ tweet was misleading

In court documents filed late Friday, a group of Tesla shareholders said a federal judge recently ruled Elon Musk made “false and misleading” statements in 2018 when he said he was considering taking the company private at $420 per share, reports Reuters. Musk’s now-infamous “funding secured” tweet landed the executive in trouble with the US…

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Investors Are Wary As Floyd Mayweather Promotes New Metaverse Project

Floyd Mayweather is launching a new metaverse project called Mayweverse. Investors are eyeing the project with skepticism, given Mayweather’s dodgy track record with crypto. The SEC is also cracking down on projects that may be receiving questionable support from celebrities. Former professional boxer Floyd Mayweather is promoting another NFT project…

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