In recent cryptocurrency news, Terraform Labs and Do Kwon are contending with a class-action lawsuit in Singapore, while also facing charges from the US SEC. In the market, Dogecoin is approaching a crucial resistance level, potentially signaling significant price growth. Binance has escalated its burning of Terra Classic tokens, reflecting increased market activity and efforts to boost the token's value. Meanwhile, KuCoin Ventures has announced a significant grant to The Open Network Foundation, supporting the TON ecosystem and marking the start of a deeper collaboration between the two entities.