Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe ...
Tag: LuNa
Luna supply soared to 6.5 trillion coins before Terra’s latest halt
The circulating supply of Luna (LUNA) surged to more than 6.5 trillion by the time the Terra blockchain was halted for a second time in an attempt to salvage the collapsing ecosystem. For the last fe...
CZ Reveals Why He Shutdown LUNA And UST Trading On Binance
Changpeng Zhao, popularly referred to as CZ, is the founder and Chief Executive Officer of Binance. Speaking from his official Twitter handle, he revealed what prompted the decision to take LUNA and U...
CryptoCom Reversing All Terra (LUNA) Trades Initiated At An “Incorrect Price” Since May 12th, FTX Delist LUNA
– Advertisement – Crypto.com Is Reversing All Terra Luna Trades Initiated At An “Incorrect Price” Since May 12th Terra Luna has been the talk of the town this entire week, all courtesy of...
Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers
Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack. He details a recovery plan that includes giving the new bl...
CryptoCom Reverses LUNA Trades From May 12th
In the aftermath of Terra (LUNA)’s price collapse, multiple crypto exchanges have begun preventing users from buying or selling the token. However, Crypto.com has taken measures a step further, opting...
Terra Goes Offline Indefinitely After Resuming Service LUNA And UST Remain On Life Support
After restarting the network from an overnight downtime to prevent any governance assaults, Terra officially ended block production at 09:58 am HKT on Friday, block height 7607789. Terra stated that v...
Terra Restarts Blockchain as LUNA Spirals to Zero
Key Takeaways The Terra network has restarted again. The network was briefly paused Thursday to limit the risk of governance attacks, then went offline again a few hours later. LUNA effectively trades...
LUNA hits new lows as Kwon pursues plan to restore UST peg
The price of LUNA, the native token of the Terra blockchain, hit new market lows Thursday morning. The cryptocurrency dipped below $0.30 for the first time early on May 12, hitting a low point of $0.2...
Crypto Exchange Coinbase Announces TerraUSD (UST) and Wrapped Terra (WLUNA) Trading Suspensions After LUNA Crash
Crypto exchange giant Coinbase is announcing plans to suspend trading of TerraUSD (UST) and Wrapped Luna (WLUNA) on all levels of the platform. Coinbase Assets recently made the announcement on Twitte...
CZ Binance: LUNA a Scam Project
Yep, it’s official, Terra (LUNA) is now into the history book of cryptocurrency. LUNA has died out a long back since yesterday. Currently, LUNA stands for a price of $0.00002712, with the graphs reach...
LUNA, UST re-listed on Binance – ‘there is progress’
Binance said it will relist LUNA/BUSD and UST/BUSD have been re-listed after being taken down early May 13. Following a historic week in crypto where UST de-pegged to 11 cents and LUNA lost 99.999% of...
UK YouTuber KSI’s $2.8 Million LUNA Investment is Virtually Worthless
Popular British YouTuber and rapper JJ Olatunji, commonly known as KSI, recently revealed that he has lost over $2.8 million in LUNA following the cryptocurrency’s freefall over the past few days. LUN...
LUNA Leading Investor Zhu Su Of 3AC Responds To Luna’s Downfall
Earlier this morning, Zhu Su went on to express his unhappiness towards the Luna slide in a series of tweets. Zhu Su, the CEO of 3AC, conveyed remorsefulness and apologised for ignoring the frequent w...
Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna And UST Incident
– Advertisement – Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna Incident. Terra Luna seems to be antagonizing people from all corners of the crypto industry. N...
Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle
Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The Venus Protocol has been hit hard by the colla...
LUNA died after 1,911,665% supply pump, now at $0.00001
At this point, it’s easy to conclude that the market price and valuation of the once-a-darling cryptocurrency Terra (LUNA) have reached a point of no return. As seen from Terra Analytics, a significan...
LUNA, The Crypto Crash, And Mental Health Awareness Month
This week, chaos broke out across the crypto market leaving investors in LUNA with extreme losses. Horror stories are beginning to spread regarding the aftermath. Specifically, there have been widespr...
OKX Delists Terra’s LUNA and UST Citing User Protection
In explaining the reasons for Binance’s suspension, Zhao initially tweeted that “an exponential amount of new LUNA were minted due to flaws in the design of the Terra protocol. Some of our...
YouTuber KSI reveals his $2.8 million LUNA investment ended up less than $1k losing 99.9%
The popular British YouTuber KSI, otherwise known as JJ Olatunji, is one of the celebrity owners of Terra (LUNA). KSI announced on his YouTube channel on May 11 that the value of the $2.8 million that...
Exchanges begin delisting LUNA, Binance explains why
The world’s largest exchange by trading volume, Binance, has delisted its trading pairs for Terra’s LUNA. The exchange announced that it had canceled all pending orders, ceased trading, closed user p...
Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral
Things are not getting any better for the Terra ecosystem as Binance has now decided to delist LUNA and UST trading pairs. On May 13, Binance, the world’s largest crypto exchange by volume, posted a n...
Swiss Asset Manager GAM Looks Forward To Back Terra’s UST Peg! Will LUNA Reclaim $1?
Terra, which was among the largest cryptocurrencies, has dropped below $1 crashing by almost 99% overnight and this move has wiped out 95% of investors’ wealth. The reason is the Terra blockchain’s US...
LUNA Approaches Shiba Inu Prices, Binance Relists LUNA, LunaInu Meme Coin Pumps » NullTX
After resuming its blockchain several hours ago and activating the network again, Luna continues its downwards spiral, closing in on Shiba Inu prices. The cryptocurrency lost billions in market capita...
You Know It When You See It
Bear market getty As Justice Potter Stuart said about pornography, you know it when you see it. The press won’t call it a bear market until it meets the official definition: a decline of 20% from the ...
Is The Crypto Crash A Sign Of Trouble Or A Time To Buy The Dip?
Q.ai Key Takeaways: Bitcoin plunged in value this week, and other cryptos followed suit Some investors are losing their life savings, while others are considering buying the dip Q.ai’s Crypto Kit can ...
Terra, Luna and UST: How we got here
Crypto history was made this week as one of the most popular stablecoins, TerraUSD (UST) lost its peg to the US dollar and then, over the course of a few days, collapsed to below $0.30. The stablecoin...
Luna Terra Resumes Block Production, UST and LUNA Price Drops Lower » NullTX
After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users...
LUNA Crypto Left Worthless Following UST Stablecoin Loses Its Peg
Luna, which is the existing crypto for the Terra network besides its stablecoin TerraUSD, has subsided to the $0 mark. Even the TerraUSD (UST) witnessed a break of its one-to-one Dollar peg. It is t...
Terra blockchain officially halted following LUNA price collapse
Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA...
Binance Announces Suspension of LUNA and UST Trading
Binance, one of the world’s largest cryptocurrency exchanges, confirmed today that the company has suspended the trading for LUNA and UST amid issues on the Terra blockchain. The recent news from the ...