Do Kwon has urged holders of LUNA to “stay strong,” as the price moves ever closer to zero. Following the UST stablecoin losing parity with USD, prices have plunged, falling to a new low this morning....
Tag: Kwon
Cardano’s Hoskinson Claps Back at Terra’s Kwon Over ‘Negative Correlation’ Tweet
Cardano founder Charles Hoskinson took a swipe at Terra founder Do Kwon as the price of Terra’s Terra (LUNA) token crashed to $24 and the TerraUSD (UST) stablecoin depegged to $0.70 yesterday, before ...
Terra Founder Do Kwon Believes Backing Stablecoins With Bitcoin Or Luna Can Abolish These Risks
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Backing Stablecoins With Bitcoin or Altcoins Eliminates This Massive Risk, Says Terra (LUNA) Founder Do Kwon
Terra (LUNA) founder Do Kwon says that backing stablecoins with the US dollar may limit the use cases of these assets. In a new interview on CNBC, Kwon identifies the potential risks that come with pe...
This Week on Crypto Twitter: Elon Musk Joins Twitter IRL, Do Kwon Buys More Bitcoin
Illustration by Mitchell Preffer for Decrypt The steady upward price trajectory of leading cryptocurrencies from mid-March onward cooled a bit this week amid news of incoming regulation in both the U....
Do Kwon Buys 4,000 Bitcoin, Another $100 Million Transferred – Trustnodes
The founder of Luna stablecoin, Do Kwon, bought more than 4,000 bitcoin this weekend, worth close to $170 million. His bitcoin address had 35,767 BTC on April 6th. It’s now up to 39,897, worth $1.6 bi...
Several Crypto Twitter analysts create LUNA “expose,” Do Kwon responds
The ninth-largest cryptocurrency by market cap, LUNA, has come under fire this weekend as two relatively unknown analysts released an ‘expose’ on the LUNA / UST peg. @DeFi_Made_Here and @JackNiewold c...
This Top-10 Altcoin’s Future Is Now ‘Even Brighter’ Amid Explosive Growth, Says Terra (LUNA) Co-Founder Do Kwon
Stablecoin-focused blockchain Terra (LUNA) co-founder Do Kwon is bullish on one Ethereum (ETH) competitor that he says is enjoying massive adoption. In a new tweetstorm, Kwon says that the smart contr...
Can Bitcoin Survive Dark UST Clouds? Thinks Do Kwon
Do Kwon recently noted that the Bitcoin (BTC) market is liquid enough to handle a potential loss of Terra’s primary stablecoin UST. He highlighted that the Terra protocol would be among the larg...
Do Kwon Buys $230 Million Bitcoin – Trustnodes
Luna is back to buying bitcoin with a bigger purchase than usual performed earlier today after a pause. Blockchain data shows the Luna Foundation Guard Reserve Wallet transferred 231,400,000 USDt from...
Terra founder Do Kwon Targets Stablecoins Wars; But is DAI at Risk?
Terraform Labs CEO Do Kwon has revealed a new alliance with Frax Finance and Redacted Cartel, a move targeted at winning the so-called ‘Curve Wars’ while potentially dealing a deadly blow to the DAI s...
Terra’s Do Kwon Announces Revolutionary Liquidity Pool Launch with UST, USDT, USDC and FRAX
Vladislav Sopov New instrument for liquidity providers will unlock previously unseen opportunities Contents Terra introduces new standard for stablecoin liquidity Terra USD (UST) makes it to Ethereum ...
Terra LUNA Hits All Time High of $112, Founder Do Kwon Share Future Plans
Terra’ LUNA cryptocurrency has surged to a new all-time high of $112 registering another 10% gain earlier today. As of press time, LUNA is trading at a price of $11.79 with a market cap of $39 billion...
Terra’s Do Kwon Planning to Dump Bitcoin to Zero: Sources
Key Takeaways Do Kwon wants to dump Bitcoin to zero because he has realized that Terra is destined to fail, anonymous sources have said. Kwon enlisted the help of a group of Bored Ape hackers and 0xSi...
LUNA Poised To Moon As Terra’s Do Kwon Vows To Become World’s Biggest Bitcoin Holder Besides Satoshi ⋆ ZyCrypto
Advertisement     Terra’s native cryptocurrency LUNA could be preparing to touch new all-time highs as Terraform Labs CEO Do Kwon confirms that they will continue addi...
Crypto Billionaire Do Kwon Says Terra (LUNA) Plans on Being Biggest Bitcoin Holder in World, Other Than Satoshi
The co-founder of Ethereum challenger Terra (LUNA) says that the crypto project plans to keep stacking BTC until its stash is second only to Satoshi, Bitcoin’s anonymous founder. In a new interview on...
How bitcoin is becoming the new decentralized ‘gold standard,’ according to Terraform Labs’ Do Kwon
Do Kwon, Founder and CEO of Terraform Labs, recently made headlines with an announcement to purchase billions of dollars worth of bitcoin in order to establish “decentralized forex reserves” for UST, ...
Terra (LUNA) Founder Do Kwon Claims To Become Largest Bitcoin Holder
Terra founder Do Kwon said that in the future they will become the largest Bitcoin (BTC) holder in the world. Do Kwon claims to become the largest Bitcoin holder after Satoshi Nakamoto by continuously...
Do Kwon Readies to Buy Another $140 Million Bitcoin – Trustnodes
Terra’s founder Do Kwon is back to buying tons of bitcoin after taking a day off this Tuesday. The Gnosis safe wallet, which still has close to $1 billion of stablecoins, transferred $140 million to B...
Do Kwon Keeps Stacking Bitcoin, So Terra Keeps Soaring
Key Takeaways LUNA hit a new all-time high of $106.43 early Tuesday. The uptick comes as the Luna Foundation Guard continues to accumulate millions of dollars worth of Bitcoin, bringing renewed confid...
Do Kwon Charges the Bulls as Bitcoin Buys Near Half a Billion – Trustnodes
It’s official, Terra has confirmed a proposal to stabilize Luna’s dollar pegged UST with bitcoin. According to a detailed proposal, some $2.5 billion will be needed for a pool of wrapped bitcoin in a ...
Do Kwon reveals plan to increase UST’s bitcoin reserve to $3 billion
The Luna Foundation Guard (LFG) has raised $2.2 billion for its bitcoin reserve and hopes to hit $3 billion in the short term, with a longer-term goal of $10 billion, Terraform Labs CEO Do Kwon said i...
Do Kwon, CEO Of Terra, Is Betting $1 Million That Perhaps The LUNA Price Would Not Fall Under $88
The price of LUNA soared 25% to a new all-time high of $104.58 when Do Kwon announced a number of funding activities to support UST, Terra’s algorithmic stablecoin linked to the US dollar. Algod then ...
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC – Coinotizia
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 mi...
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC – Bitcoin News
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 mi...
Bitcoin Jumps as Do Kwon Buys $125 Million – Trustnodes
Bitcoin is nearing $43,000, up 3.5% today on intense speculation that Terra, a stablecoins blockchain, is to buy $3 billion worth of BTC. Do Kwon (pictured), the South Korean Terra’s founder, apparent...
Terraform Labs CEO Do Kwon seals $10 million bet over LUNA price
advertisement Terraform Labs CEO Do Kwon has finalised a bet with a crypto personality known as GCR, or Gigantic Rebirth, to the tune of $10 million over the future price of Terra (LUNA). Both parties...
Terra Founder Do Kwon Agrees to $1M Bet on the Future Price of LUNA
What better way is it for a startup’s founder to spend his money than for him to bet on the success of his project? This could be tagged as the case of Do Kwon, the founder of Terraform Labs, the bloc...
Terra CEO Do Kwon Bets $1M That LUNA Price Won’t Fall Below $88
Do Kwon, co-founder and CEO of Terraform Labs, has taken a $1 million wager that the price of LUNA will not fall below $88 by one year from now. “Cool. I’m in,” Do Kwon wrote on Twitter on March 13, i...
Terraform Labs CEO Do Kwon bets $1 million on LUNA’s future price
Terraform Labs founder Do Kwon has accepted a $1 million bet on the price of his own project Terra (LUNA) with the pseudonymous Sensei Algod. A crypto personality known as Cobie is acting as the escro...
Terra Network to Add 160 Projects By End of 2022, Says Do Kwon
With the increasing demand for DeFi services, Terra Network has surpassed more than $22 billion in total value locked (TVL) as of early March. Terra’s (LUNA) total value locked (TVL) has beaten out po...