Anchor Protocol’s token called Anchor (ANC) has lost more than 70% in the last day, in part due to a sharp decline of overall deposits on the protocol and TerraUSD (UST) stablecoin failing to meet its...
Tag: LuNa
Terra Blockchain Halted To ‘Prevent Attacks’ After Luna Token Crashes Nearly 100% Overnight
Topline The platform behind the embattled luna cryptocurrency said Thursday afternoon it had temporarily halted its blockchain to stop transactions after the token’s price plummeted nearly 100% ...
TerraForm Labs proposes to burn $1.3B in UST to save LUNA
Terraform Labs proposed to burn a total of $1.3 billion worth of UST to save LUNA to combat the current crisis. A three-step emergency plan was posted on the project’s Twitter account, which included ...
Market Bleeds As LUNA Nears $0
TradingView Worth $119.22 at its peak, LUNA LUNA , the sister asset of troubled cryptocurrency TerraUSD UST , collapsed to almost $0 overnight. As of 10:45 a.m. ET, the token is trading at $0.005 with...
What really happened to Terra LUNA and UST?
Terra LUNA has now lost almost $100 of its market value, whereas UST, after hitting a low of $0.29, seems to be approaching the peg threshold again. The path, however, is still a long way off and the ...
Who Killed Luna? – Trustnodes
“Today’s events seem like a coordinated attack that could have been organized using insider information that got leaked.” So said Mudit Gupta, the Chief Information Security Officer at Polygon, on the...
Terra (LUNA) Cryptocurrency Collapses 98% Overnight!
The Terra (LUNA) price has fallen 99% within a day. It was one of the top 10 cryptocurrencies, but now its rank has fallen to 121. The market cap has also dropped by more than 76%. The price fall wash...
Is LUNA Dead? Terra Luna Price Drops Below 4 Cents, UST still De-pegged at $0.67 » NullTX
After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those tr...
Terra Outlines Emergency Plans To Save LUNA And UST
Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the communit...
Bitcoin Risks Plunging To $20,000 As LUNA Fatally Crashes To $0 — Over $1.28 Billion Liquidated In Hours ⋆ ZyCrypto
Advertisement     On Thursday, Bitcoin continued to shed its value, dragging along other crypto-assets. As of writing, BTC is trading at $28,235 after losing the June ...
Terra Price Prediction – LUNA Is Crashing Aggressively
Terra (LUNA) Price Prediction – May 12Previously, before the May 5th session that marked the start of the major economic downing in most of the crypto business operations, Luna is down-turning aggress...
Luna price falls below $1 as UST de-peg continues
Luna (LUNA), which has been in freefall along with its related stablecoin TerraUSD (UST), fell below $1 on Wednesday. Luna is currently trading at $0.86 at 9am ET, down 97% from $31.06 just 24 hours ...
ViaBTC Capital｜The Collapse of LUNA
Timeline of the Collapse: -In the early morning of May 8, to prepare for the 4Crv Pool, Luna Foundation Guard (LFG), a Singapore-based non-profit that maintains the Terra network, removed $150 million...
LUNA meltdown sparks theories and told-you-sos from crypto community
No matter how hard your day is going, spare a thought for LUNA investors Wednesday. Do Kwon, CEO of Terraform Labs and 18th on Cointelegraph’s Top 100, has lost billions of dollars for their inv...
Terra (LUNA) Founder Few Days Before: “95% Of Cryptos Are Gonna Die But There’s Entertainment In Watching Them Die”
– Advertisement – Terra founder finds entertainment in watching cryptos die, but he never knew he and his LUNA and UST would die faster than others. There are rare moments in the crypto ...
Terraform Labs Shares “Emergency” Plans as LUNA Breaks Below Five Cents
Share this article Terraform Labs has endorsed a plan to accelerate the UST burn rate in an attempt to save Terra from collapsing. Terra Aims to Avoid Collapse Terra is still in crisis mode. The Lay...
Gemini denies influencing LUNA decline 1
Gemini crypto exchange has refuted claims that it had something to do with the recent dump of Terra protocol’s native token, LUNA. According to the exchanges, the rumors that it was involved in the ma...
World’s Biggest Stablecoin Loses $1 Peg As Crypto Market Crashes
Topline The price of Tether, the world’s biggest stablecoin and a cornerstone of the cryptocurrency ecosystem, slipped away from its $1 peg on Thursday, intensifying worries amid a market-wide crash a...
Binance delists LUNA Perpetual Contracts
Binance Futures carried out automatic settlements on the coin-margined Perpetual Contracts of Terra (LUNA/USD) and delisted them today, the exchange posted on its website. To avoid automatic settlemen...
Crypto Pundit Peter Brandt Slams Terra (LUNA), Says The Only Trustworthy Crypto Is Bitcoin
– Advertisement – Crypto Pundit Peter Brandt Slams Terra (LUNA). The last few weeks have been hell for holders of Terra Luna as the crypto recorded successive value losses. Back in April, ...
This is Why TerraUSD (UST) May Hit $1 Before Terra (LUNA) Price!
Terraform labs, in the recent days dumped the whole BTC reserve and dragged the entire crypto space into a deep bearish well. Bitcoin price visited the rock-bottom levels, hitting the support levels t...
Terra’s LUNA Falls Below $1
The price of Terra’s LUNA token has fallen below the $1 mark. It reached a new daily low of $0.938 on the Bitfinex exchange at 12:39 p.m. UTC. Image by tradingview.com One of the most popular cr...
$1 Trillion Crypto Meltdown—Huge Crash Wipes Out The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Terra’s Luna And Avalanche
Bitcoin and cryptocurrencies have crashed further overnight, dropping to levels not seen since the crypto market began surging in late 2020 and wiping away almost $1 trillion worth of value in a month...
Binance Decides To Halt Terra (LUNA) Futures Trading
– Advertisement – As LUNA continues its free fall, cryptocurrency users have expressed concerns about the massive dip’s ripple effect on the entire market. As a result of the ongoing and ...
Crypto Firms Quick to Announce No Exposure to UST, LUNA
As Terra’s stablecoin, UST, and native token, LUNA, hurtle toward unheard-of lows, many in the crypto community are scrambling to assess how far-reaching the damage will be for decentralized finance a...
LUNA Price Crashes 95% Trades Below $1.0; What Holds Next?
LUNA price breaks all the records and continues to bleed for the seventh straight day. LUNA started the session on a highly pessimistic note and nose dives to the never seen before levels opened lower...
LUNA on Free Fall as Terra Co-founder Do Kwon Failed to Produce Recovery Plan
UST’s decline has prompted calls from the US government on the stablecoin regulation. Terra Network’s LUNA has dropped to under $5 following a 90% weekly plummet. The price action represents one of th...
Terra’s Do Kwon Plans To Sacrifice LUNA To Support UST Peg
Terra founder Do Kwon on Wednesday outlined plans to support the flailing Terra blockchain. But his plan is likely to pressure LUNA prices further. Terra (LUNA) has registered a historic dump amid the...
Terra ‘rescue plan’ still at large as LUNA falls below $5, Bitcoin spikes to ‘$138K’ in UST
Panic appeared to set in on crypto markets overnight on May 11 as Blockchain protocol Terra failed to steady its bleeding crypto assets. Data from Cointelegraph Markets Pro and TradingView showed both...
Terra UST Declines 88% in 5 Weeks as LUNA Foundation Liquidates Entire $BTC Holdings
Tomiwabold Olajide Embattled cryptocurrency is now down a staggering 96.49% from its all-time high of $119 reached on April 5 Terra’s LUNA continued its free fall on May 11, shedding 88% in five...
LUNA & UST Price Move Closer to “Zero”! What’s Next? – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon has advised LUNA investors to “stay strong” as the price approaches zero. Prices have plummeted since the UST stablecoin lost parity with the US dollar, hitting a new low this morning. LUNA, U...
As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1
In what will surely be a historic week in stablecoin history, Terra’s LUNA, the currency that backs its dollar-pegged stablecoin UST, has slid beneath a dollar at the time of writing. No, we haven’t ...