Bitcoin News / Bitcoinist - 2 years ago
The new Terra token dropped by over 70% within hours of hitting $30 after its release on Saturday, May 28, triggering yet another round of criticism from the crypto community.
The old LUNA has been renamed Terra Classic (LUNC) on CoinMarketCap, and a...
Cryptocoins News / The Cointelegraph - 2 years ago
The South Korean government continues to investigate Terraform Labs, the firm behind the Terra Network as well as Luna Classic (LUNC), previously known as Terra (LUNA), and TerraUSD (UST) tokens, by reportedly summoning subpoenas to employees.South K...
Cryptocoins News / The Cointelegraph - 2 years ago
The price of Terra (LUNA) has tanked around 70% since the re-launch of the Terra ecosystem via Terra 2.0 on May 28.Under the revival plan of Terraform Labs founder Do Kwon, new LUNA tokens, also referred to as LUNA 2, are being airdropped to invest...
Bitcoin News / Bitcoin.com - 2 years ago
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn...
Bitcoin News / Bitcoin.com - 2 years ago
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an...
Cryptocoins News / The Cointelegraph - 2 years ago
Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem. Kwon’s revival plan for Terra involves hard forking the existing blo...
Cryptocoins News / The Cointelegraph - 2 years ago
Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem. Kwon’s revival plan for Terra involves hard forking the existing blo...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView"Not the decoupling we wanted"Data from Cointelegraph Markets Pro and Tradin...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/United States dollar refused to offer volatility up or down.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView“Not the decoupling we wanted”Data from Cointelegraph Marke...
Cryptocoins News / The Cointelegraph - 2 years ago
The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the Terra ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with Uniswap b...
Cryptocoins Exchanges / Kraken - 2 years ago
We are pleased to announce that Kraken now supports Terra 2.0 (LUNA2). Funding and Trading You can add LUNA2 to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading is live. Keep an eye on our status page fo...
Cryptocoins News / The Cointelegraph - 2 years ago
The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins but all stablecoins in gen...
by COINS NEWS - 2 years ago
Old videos are doing rounds on social media where Terra founder Do Kwon talks about the "Kill switch". Do Kwon is hinting in the resurfaced videos that Terra is destined to go bust as they have “Protocol Armageddon”. He stated in the...