Do Kwon, the co-founder of the Terra network, recently proposed the creation of a completely new chain with a new LUNA token. This proposal has received support from 79% of the votes, but there is sti...
Tag: LuNa
Here’s What Galaxy Digital CEO Mike Novogratz Thinks About UST and LUNA Meltdown
On Twitter, Mike Novogratz, Founder, and CEO, of Galaxy Digital (GLXY.TO), shared his views about UST and LUNA meltdown via a public letter linked to the tweet. Due to the macro backdrop, the reserve...
LUNA remains most trending crypto despite total crash and founder’s $78 million tax evasion fine
Last week, Terra (LUNA) suffered a complete and utter implosion; however, investors continue to trade the token despite its enormous fall, which saw the price of LUNA lose its value by 99%, plummeting...
Billionaire Mike Novogratz Speaks Out on Terra (LUNA) Collapse, Says This Is What Caused $40,000,000,000 Wipeout
Galaxy Digital CEO Mike Novogratz is breaking his silence more than a week after Terra (LUNA) collapsed wiping out billions of dollars. Novogratz says that the tightening of monetary policy by central...
Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation
The Avalanche Foundation announced via Twitter on Friday that Terraform Labs and the Luna Foundation Guard (LFG) have purchased 3.06m AVAX in total. The announcement came following an inquiry from mem...
Blockchain Firm Losses $3.5 Billion As Terra (LUNA) Crumbles
Hashed, a Seoul and Silicon Valley based crypto assets fund and community builder has lost over $3 billion in the wake of Terra (LUNA) collapse. The venture capital is a well known financier of Terra ...
Delphi Digital Loses Its Entire LUNA Investment
Alex Dovbnya Delphi Ventures says that it has completely lost its $10 million investment following collapse of LUNA Delphi Ventures, the fund of cryptocurrency research firm Delphi Digital, has lost a...
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News
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 ...
Terra (LUNA) Faces a Fight for Survival, Any Hope?
Terra Price Prediction – May 19 The next few months may see Terra LUNA’s price prediction falter a bit, but that shouldn’t be common, but a break with the bears may see LUNA hit the trail again for hi...
South Korean Regulators to Speed Up Enactment Of Crypto Laws After Luna Incident ⋆ ZyCrypto
Advertisement     With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have ...
Terra commences voting on Do Kwon’s LUNA revival plan
The running tally as of press time showed 87.5% in favor of the plan 10.5% opposed the plan 92% out of almost 7,000 votes were against Kwon’s earlier version of the proposal A vote relating to T...
LUNA Supply surges to 7 Trillion: can LUNA touch $1
Since the UST fiasco, the circulating supply of LUNA has steadily increased. This is primarily due to consumers exchanging their staked UST for the digital asset, causing its supply to skyrocket in su...
Mike Novogratz Breaks His Silence on LUNA Collapse
Alex Dovbnya Mike Novogratz has finally weighed in on the LUNA collapse Galaxy Digital CEO Mike Novogratz, one of the top proponents of the failed LUNA token, has finally weighed in on the collapse of...
Critics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves
– Advertisement – Do Kwon And Terra Could Have Saved LUNA With The $1.3 Billion Reserve But They Did Everything Wrong. The troubles facing Terra Luna and UST continue to spark heated deb...
This Investment Firm Lost Entire LUNA Holding! $10 Million Vanished After Terra (LUNA) Crash! – Coinpedia – Fintech & Cryptocurreny News Media
According to a recent blog post, Delphi Ventures, the cryptocurrency research firm Delphi Digital’s fund, has lost around $10 million following the crash of Terra’s LUNA. Traders of Terra’s LUNA token...
Will Burning Excess LUNA tokens Really Impact the Price After it Failed Miserably with SHIB & ETH Price?
The Shiba INU platform to stabilize the SHIB price had earlier introduced a burn mechanism after Ethereum’s ETH 2.0 with EIP 1559 upgrade went operational. However, the burn mechanism does not appear ...
THORChain To Remove TerraChain, Launches Emergency Withdrawals For Staked Terra (LUNA) and UST
– Advertisement – THORChain Launches Emergency Withdrawals for Liquidity Providers of LUNA and UST Before the Rebirth of New Terra Network. The cross-chain liquidity network has launched a...
Pantera Capital Sold 80% of LUNA Tokens Before Massive Crash!
Pantera Capital, one of Terraform Labs’ most prominent supporters, sold out over 80% of its Terra (LUNA) investment before the currency’s fall last week. In a recent interview with The block, Joey Kru...
New Data Shows South Koreans Heavily Accumulating LUNA In Hopes of A Gigantic Price Rebound ⋆ ZyCrypto
Advertisement     South Koreans are laboriously purchasing Terra’s native token undeterred by the massive crash last week. Notably, several retail investors believe th...
Mike Novogratz preaches humility and keeps his LUNA tattoo
The CEO of the investment company Galaxy Digital, Michael Novogratz, finally speaks out about the recent financial disaster in the Terra ecosystem. Michael Novogratz is a known supporter of the Terra ...
LUNA, UST Volatility Spikes As Voting On Terra Fork Begins
After losing most of their value in the past two weeks, Terra’s native tokens- UST and LUNA- are experiencing large price swings. The volatility comes just after Terra opened community voting on its r...
Analysts assess the aftermath of the Terra (LUNA) collapse
Financial commentator Frances Coppola is convinced that algorithmic stablecoins such as TerraUSD (UST) will always be vulnerable to sudden collapses, no matter how much the technology improves. “They...
LUNA holders may veto the live vote to fork the Terra network
The TerraBuilderAlliance, Do Kwon, and others in the community have agreed upon a proposal to fork Terra Luna to attempt to salvage the Terra ecosystem. The voting is now live on Terra Station, and LU...
Terra LUNA: increased risk as early as April
It was already becoming apparent in April that the Terra LUNA project was at risk. This was revealed by Sentifi’s Terra LUNA Risk Score, according to which the perceived risk level did not exceed 10 u...
‘Correction Of Over 90%’—Leading Crypto Analyst Issues Stark Crypto Price Prediction As Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano, Dogecoin Go Into Free Fall
A week into the stablecoin implosion, the crypto market holds its bearish course. This week, the bitcoin price dropped 6%, and other major coins followed suit. Ethereum’s price is down 11%, BNB 5%, do...
Luna Plunges Deeply into an Oversold Region as Buyers and Sellers Remain Undecided
May 19, 2022 at 11:20 // Price Luna Coin is in a downtrend as the cryptocurrency crashed to a low of $0.00000100 on May 13. Prior to the recent plunge, the altcoin has dropped significantly over the l...
Updated Terra Revival Plan Receives Significant Support From LUNA Holders
Terra Founder Do Kwon put the Terra revival plan into motion as Terra users began voting on the revival proposal today. The “updated and final” revival plan was posted at 7:17 pm Hong Kong time and sa...
Big Investors in Terra LUNA Finally Break Silence, Here’s What They Have to Say
The collapse of the Terra ecosystem has sent shockwaves across the crypto market. Some of the biggest investors in Terra such as Delphi Digital and Galaxy Digital’s Mike Novogratz have finally broken ...
Terra Investors Alleged Ongoing Voting Exercise to Rebirth LUNA Network Is Being Rigged By Do Kwon
– Advertisement – Terra investors have taken to various social media platforms to slam the voting exercise that will determine whether a new Terra chain will be created. Nearly 24 hours a...
LUNA 2.0 – New Blockchain by Terra Without UST
2 hours ago | 2 mins read Blockchain News During the launch, LUNA will be airdropped in major app developers of Terra Classic. Terra 2.0 is believed to be “a chance to rise up anew from the ashes”. Th...
Terra Investor Mike Novogratz Breaks Silence on UST, LUNA Collapse
There’s been one person notably absent from the conversation about the collapse of Terra’s $18 billion algorithmic stablecoin and $30 billion network token, LUNA: investor Mike Novogratz. ...