Bitcoin News / Bitcoin.com - 2 years ago
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockch...
Cryptocoins Exchanges / Binance - 2 years ago
After about 2 days of silence, CEO Terra Do Kwon recently made a new proposal for the implementation of “Terra 2.0”. The plan to restore the Terra ecosystem was updated by Do Kwon on “agora.terra.money“, about the specific fork chain as follows...
Bitcoin News / Bitcoin.com - 2 years ago
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two...
Bitcoin News / Bitcoinist - 2 years ago
Terra took quite a beating as the Ethereum creator and CEO of Binance criticized Terra and UST token via Twitter.
Following the collapse of UST, Terra’s stablecoin and LUNA, its native token, many crypto advocates have aired their sentiments on the s...
Cryptocoins News / Blockchain - 2 years ago
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network.
In a series of tweets, Kwon :
“The Terra chain as it currently exists should be forked into a new c...
Cryptocoins News / Blockchain - 2 years ago
Financial authorities in South Korea have beefed up crypto exchange inspections to boost investor protection following the recent collapse of LUNA and TerraUSD (UST) tokens
Per the :
“The Financial Services Commission and the Financial Superv...
Cryptocoins News / The Cointelegraph - 2 years ago
On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant market volatility and inherent protocol design flaws wiped out a vast majority of the blockchai...
Bitcoin News / Bitcoin.com - 2 years ago
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban...
Bitcoin News / Bitcoin.com - 2 years ago
Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’s experts predicted...
More / Etherum Reddit - 2 years ago
Ethereum co-founder Vitalik Buterin thinks Terra’s reconstruction efforts should focus on retail investors holding fewer USTs rather than “whales.” Vitalik Buterin speaks out on the direction of rebuilding Terra (LUNA) and stablecoin U...
Cryptocoins News / The Cointelegraph - 2 years ago
Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their communities and projects by migrating to other networks....
Cryptocoins Exchanges / Binance - 2 years ago
https://preview.redd.it/0bvxdtto9uz81.jpg?width=740&format=pjpg&auto=webp&s=9bae8aa5696624e8a03adf683c2d7054be902560 View Poll submitted by /u/CWCOfficial [link] [comments]
by COINS NEWS - 2 years ago
Terra has given us a unique microcosm into what true capitulation looks like, and the emotions and posts there very clearly mirror the lowest lows of crypto winter last cycle. If you're wondering how you will feel if this bear market continues fo...
Cryptocoins News / The Cointelegraph - 2 years ago
United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the crypto community, the decision comes as a shocker due to its proximity to the re...
Cryptocoins News / CoinJournal - 2 years ago
The price of Terra’s token LUNA was as $100 per 1 LUNA in April, but it crashed to near zero last week. TerraUSD (UST), Terra’s algorithmic stablecoin, lost its peg to the US dollar.
This occurred against the backdrop of a significant crypto marke...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra (LUNA) project should prioritize small hodlers as part of any proposed reimbursement plan. As widely reported, the Terra eco-system suffered a death spiral around May 9 which resul...
Cryptocoins News / The Cointelegraph - 2 years ago
Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra project should prioritize small hodlers as part of any proposed reimbursement plan. As widely reported, the Terra eco-system suffered a death spiral around May 9 that resulted in L...
Bitcoin News / Bitcoin.com - 2 years ago
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K.,...
Cryptocoins News / The Cointelegraph - 2 years ago
As the dust settles from the Terra ecosystem crash and the community decides what the next steps should be, the CEO of a validator runner in South Korea thinks the old Terra chain should be shut down permanently.Jiyun Kim, CEO of blockchain solutions...
Cryptocoins Exchanges / Binance - 2 years ago
While the entire market is in a steep correction, LUNA’s frenzied volatility remains an attractive market for many short-term investors. It took only 7 days for the price of LUNA to spiral downward as it dropped from $85 on May 5 to almost $0 o...