Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities.The latest investigation revolves around the alleged embezzlement of Bitcoin (BTC) from the company’...
Cryptocoins News / NewsBTC - 2 years ago
Did Celsius set off the domino effect? Almost a month ago, The Block Crypto reported that Celsius pulled at least $500M from the Anchor protocol before the collapse. Two weeks ago, blockchain analytics firm Nansen identified Celsius among the seven...
More / Etherum Reddit - 2 years ago
https://preview.redd.it/411mp565p8491.jpg?width=1255&format=pjpg&auto=webp&s=2e03a377ac33ab71a9115360e1ebd46deedf9e81 Ethereum Name service Introduces the second Wave of airdrop which includes both Terra/Ethereum Users to a...
Cryptocoins News / The Cointelegraph - 2 years ago
The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. A Chinese state-owned media outlet, the Eco...
Cryptocoins News / NewsBTC - 2 years ago
The Terra / Luna / UST collapse keeps on generating headlines. This time, we’ll use the data in ARK’s “The Bitcoin Monthly” report to establish its impact on the bitcoin ecosystem. Remember that the non-profit organization LFG, AKA the Luna Foundati...
Bitcoin News / Bitcoin.com - 2 years ago
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects a...
Cryptocoins News / CoinJournal - 2 years ago
USSD is the first over-collateralized decentralized stablecoin, with guaranteed minimum collateral ratio of 130%.
The current collateral ratio is over 200% with nearly $1.4 billion worth of assets in the Tron DAO reserve account.
TRON-based dec...
Bitcoin News / Bitcoinist - 2 years ago
The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leaving investors with billions in losses.
Related Readi...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO...
Cryptocoins News / NewsBTC - 2 years ago
The Terra LUNA crash last month sent many investors back in their returns. The crypto market generally crashed the previous month, but the 80% deep dive in Terra wasn’t funny. The panic by the investors to pull out of the crypto crash intensified th...
by COINS NEWS - 2 years ago
Important Edit: Someone just mentioned there seems to be no contract for minting TRX right now. I double checked the white paper and looks like the full mint and burn mechanism wont be implemented until November. Until USDD can be burned for newly mi...