News about TERRA

News about Terra

What Really Happened To Terra Labs $3.5B Bitcoin Reserves?

submitted by /u/TheFamousHesham [link] [comments]

Do Kwon Apologizes for Hurting Terra's Users and Investors

submitted by /u/wmredditor [link] [comments]

Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini

After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend UST’s $1 parity. On Friday, the bloc...

If The SEC retaliates for UST Terra/Luna

We have the leverage because if they try to put kyc on native wallets or felonize, extradite, or intimidate developers for coding, or blackball smart contracts, give "defi licenses" to CME chicago good ole boys, we will dedollarize & pu...

Changpeng Zhao Clarifies Binance's Investment in Collapsed Terra

Terra’s ship sailed gallantly but has now collapsed following a series of that made the blockchain network’s native token LUNA plunge to what many see as an irredeemable level. With so many experts wondering what is going on, Binance’s Chief Exec...

Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review

With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear fo...

Binance CEO CZ to support Terra community but expects more transparency

Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving Terra (LUNA) and TerraUSD (UST) ecosystems. Following up on the same, CZ revealed his pe...

US and UK Regulators to Take Action on Stablecoins after Terra’s Collapse

Regulatory agencies in the US and UK have raised their worries concerning stablecoins after the collapse of the controversial stablecoin Terra (UST). In recent days, stablecoins have led the crypto market to see a significant decline in their price...

CZ commented on Do Kwon’s plan to “revive” Terra (LUNA)

Binance CEO Changpeng Zhao (CZ) has revealed that he doesn’t believe Do Kwon’s plan to save LUNA will succeed after the Terra co-founder announced his proposal to convert LUNA to a new version for revival ecosystem on May 13. “This is not goin...

Terra (LUNA) trading volume surge 200% as market adjusts to death spiral

It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on Thursday. As the market slowly gained clarity on what transpired, the trading volume of LUNA saw a steep recovery of over...

Do Kwon Disolved Terraform Labs on April 30th!

submitted by /u/Crypto_illumination [link] [comments]

Crypto-friendly SEC Commissioner Hints At Stablecoin Regulation After Terra Collapse

The U.S. Securities and Exchange Commission (SEC), commissioner Hester Peirce, popularly known as “crypto mom,” signaled that SEC could develop stricter rules around crypto stablecoins soon due to the Terra’s UST crash incident. Ac...

Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph...

Terra's Do Kwon 'Heartbroken' Over UST Collapse, Doge's Billy Markus Tells Him To Leave The Industry - Benzinga

submitted by /u/ImaFreemason [link] [comments]

Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout

Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested pro...

WCGW, if I buy $10 worth of TerraL right now?

So now I am thinking about throwing $10 at LUNA, and buy 50k tokens, ofcourse it is going to be a gamble. I think people should take this risk, and throw $10 at LuNA and treat it as a lottery ticket, if the prices recovers then it would be good., if...

As Terra's stablecoin collapses and luna hits zero, the crypto project simply switches off its network

submitted by /u/Dramatic_Patience_41 [link] [comments]

Do Kwon officially spoke – Terra Ecosystem Restoration Plan

Terra CEO Do Kwon said that the shutdown is temporary and that he will find a way to revive LUNA. After only a few hours, he had his proposal. Do Kwon officially spoke – Terra Ecosystem Restoration Plan LUNA and UST have experienced th...

Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears

According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failur...

Breaking: Do Kwon proposes Terra revival, including token redistribution plan

Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged Terra (LUNA) tokens to practically zero. In a Fri...

Terra LUNA: Binance Delist - Relist and more developments following the crash

submitted by /u/CyberPunkMetalHead [link] [comments]

What happened? Terra debacle exposes flaws plaguing the crypto industry

The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disinte...

‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps

Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. Aft...

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of the Terra ecosystem, including LUNA and the TerraUSD (UST) stablecoin. An announcement p...

I’m Disappointed in Terra Team, Says CZ, As He Explains Why Binance Delists LUNA and UST

submitted by /u/Odunayo20 [link] [comments]

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