Bitcoin News / Bitcoinist - 2 years ago
The Terra (LUNA) collapse may be almost a month old at this point but its impacts remain fresh in the mind of investors. Millions of users on the decentralized finance (DeFi) network had lost billions of dollars when UST had suddenly lost its peg, tr...
Cryptocoins News / The Cointelegraph - 2 years ago
The recent collapse of the once third-largest stablecoin, TerraUSD (UST), has raised questions about other fiat-pegged tokens and their ability to maintain their pegs.Stablecoins' stability in questionStablecoin firms claim that each of their issued...
Bitcoin News / Bitcoin.com - 2 years ago
Over two weeks after the Terra LUNA and UST fallout, a whistleblower dubbed “Fatman” published an alleged chat log between the project’s co-founder Do Kwon, Terra validators, and infrastructure providers from the Terra bl...
More / Etherum Reddit - 2 years ago
I need to fund Terra Station wallet to recover bETH from the wormhole. I have LUNC at Gemini but I can't find a way to move it to the wallet. Has anyone moved LUNC from Gemini to Terra Station? submitted by /u/brunerjo [link] ...
Cryptocoins News / The Cointelegraph - 2 years ago
Binance CEO Changpeng Zhao, also known as CZ, expressed skepticism around the revival plan for the Terra ecosystem and the launch of the new LUNA token.“I try not to predict what the community will do. [...] Many are skeptical. I’m one of those guys,...
by COINS NEWS - 2 years ago
The Algorand Foundation, whose mission is to grow the ecosystem of the carbon-negative Layer 1 blockchain invented by Turing Award winner and MIT professor Silvio Micali, and MakerX, a firm that specializes in web3 & digital product development,...
Cryptocoins News / The Cointelegraph - 2 years ago
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ creator, was the most concerned country of them all.Amid signs that Terraform Labs co-founder Do Kwon w...
Cryptocoins News / The Cointelegraph - 2 years ago
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its creator, was the most concerned country of them all.Amid signs that Terraform Labs co-founder Do Kwon wa...
Bitcoin News / Bitcoinist - 2 years ago
Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the al...
Cryptocoins News / The Cointelegraph - 2 years ago
On Tuesday, cryptocurrency exchange Binance said it completed the first stage of airdropping new Terra Luna (LUNA) tokens to holders of Terra Luna Classic (LUNC), TerraUSD (USTC) and AnchorUST (aUST). The distribution was based on "pre-attack" and "p...
Bitcoin News / Bitcoin.com - 2 years ago
The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic (USTC) holders. However, on Tuesday the Terra developme...
Bitcoin News / Bitcoinist - 2 years ago
Mirror Protocol, a DeFi application built on the old Terra blockchain, was attacked by a $90 million exploit in October 2021, and it remained entirely undiscovered until last week. The attacker was able to unlock collateral from the protocol multiple...
Cryptocoins News / The Cointelegraph - 2 years ago
The collapse of the Terra ecosystem, which included most of its apps and protocols, has created a diaspora of developers from which opportunistic blockchain companies are hoping to snap up talent.Polygon, one of the largest blockchains by total value...
Cryptocoins News / The Cointelegraph - 2 years ago
The China state-owned media outlet, the Economic Daily, has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem.In an article published May 31, the...
Cryptocoins News / The Cointelegraph - 2 years ago
The China state-owned media outlet the Economic Daily has signaled that the Chinese government may introduce even tighter regulations on cryptocurrencies and stablecoins due to the collapse of the Terra ecosystem.In an article published May 31, the o...
Cryptocoins News / Blockchain - 2 years ago
Carried out by the Seoul Southern District Prosecutor’s Office’s joint financial and securities crime investigation team, The staff of Embattled blockchain startup Terraform Labs have been called for questioning as part of an investigation.
As by...
Bitcoin News / Bitcoin.com - 2 years ago
It’s been two days since the Terra development team launched the new Phoenix-1 blockchain with the network’s native token LUNA. While the token dropped significantly in value during the first day of trading, the new LUNA has jumped 8.8%...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% o...