Cryptocoins Exchanges / Binance - 2 years ago
Terra Luna Burn is Real
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Cryptocoins Exchanges / Binance - 2 years ago
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by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
DAI tops it off as the strongest stablecoin to date despite Terra’s plunge. USDT and UST may have plummeted – but not DAI. It’s been a brutal two weeks in the crypto space especially with the devastating collapse of Terra’s stablecoin UST, which is c...
Cryptocoins News / The Cointelegraph - 2 years ago
The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not only did Terra-ecosystem tokens (such as Anchor’s ANC) collapse in value, but the w...
by COINS NEWS - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake of Terra’s epic implosion, the topic is all the more critic...
Bitcoin News / Bitcoin.com - 2 years ago
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s dece...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins Exchanges / Binance - 2 years ago
Reports revealed that Hashed and Delphi suffered severe losses as they lost an estimated $3.5 billion and $10 million respectively in the wake of Terra’s collapse. The historic collapse of the Terra ecosystem has caused a number of investors an...
Cryptocoins News / The Cointelegraph - 2 years ago
The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra's collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of several stranded projects on Terra by offering financial a...
Cryptocoins News / The Cointelegraph - 2 years ago
After a grueling two weeks for the Terra community, the team behind the project announced revisions to their proposed revival plan for Terra (LUNA) and TerraUSD (UST). In a Tweet, Terra shared three major revisions to the proposed Terra revival and r...
Cryptocoins Exchanges / Binance - 2 years ago
The effects of the collapse of Terra LUNA) and Stablecoin TerraUSD (UST) have spread throughout the cryptocurrency market. In this article, we will go back to the past, to see how Terra has experienced successful milestones, before dying. ...
Cryptocoins News / The Cointelegraph - 2 years ago
The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now. Assembled here is a plaintext explanation of what Terraform Labs built, why...
Cryptocoins News / The Cointelegraph - 2 years ago
Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week.Cosmos TVL down f...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins News / The Cointelegraph - 2 years ago
The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents reveal the liquidation of two South Korean offices and the dissolution of the Terraform Lab...
Cryptocoins News / Blockchain - 2 years ago
Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges against him following the Terra crash, to The Korea Times. This comes a day after LUNA and UST investors a legal complaint against D...
Cryptocoins Exchanges / Binance - 2 years ago
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Cryptocoins News / Blockchain - 2 years ago
The Avalanche Foundation announced via Twitter on Friday that Terraform Labs and the Luna Foundation Guard (LFG) have purchased 3.06 million AVAX in total. The announcement came following an inquiry from members of the Avalanche Community about the...
Cryptocoins News / The Cointelegraph - 2 years ago
Fallout from the collapse of the Terra ecosystem continues to unfold with the United States-based yield generation application Stablegains facing potential legal action over its losses from the event.Users believe that Stablegain has allegedly lost u...
Cryptocoins News / The Cointelegraph - 2 years ago
Tether (USDT) and Bitfinex chief technology officer Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, but was simply “poorly designed.” Speaking on the Terra ecosystem’s market-shattering crash, Ardoino likened its a...
by COINS NEWS - 2 years ago
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Cryptocoins Exchanges / Binance - 2 years ago
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Bitcoin News / Bitcoin.com - 2 years ago
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA...
Cryptocoins News / The Cointelegraph - 2 years ago
Avalanche (AVAX) has emerged as one of the worst-performing cryptocurrencies among the top-ranking tokens in the last 24 hours, partially due to fears connected to Terra (LUNA) and it's a near-dead UST algorithmic stablecoin project.Avalanche price d...