In a preliminary vote, the Terra community has opposed founder Do Kwon’s proposed revival plan to fork the Terra chain into a new chain without the algorithmic stablecoin. Moreover, the Terra communit...
Tag: Plan
New recovery plan for Terra blockchain
Do Kwon has made public a new recovery plan for the Terra ecosystem. While the previous plan, published in the midst of the collapse, envisaged an attempt to rescue the ecosystem, this other proposal ...
Do Kwon Proposes New Plan to Revive Terra
Alex Dovbnya Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project Do Kwon, the controversial co-founder of Terra, has come up with yet another rescue plan for the...
LUNA Founder Faces Community Backlash Over LUNA Revival Plan; Here’s Why DoKwon Facing Community Wrath Over IUNA Revival Plan
Many crypto giants including Binance CEO, CZ had earlier expressed their disapproval over the Terra forking plan. Do Kwon has however decided to take the lone path by putting forward a proposal for th...
Do Kwon Comes Up With Another Revival Plan
Terra founder Do Kwon on Monday proposed to fork the Terra chain into a new chain without the algorithmic stablecoin. The new Luna revival plan comes in the backdrop of stablecoin crash last week foll...
Terra’s Fork, Terra Classic ($LUNC) : Do Kwon’s New Revival Plan To Save LUNA Foundation – Coinpedia – Fintech & Cryptocurreny News Media
Terraform Labs CEO and co-founder Do Kwon has announced forking the Terra network into a new chain. 3/ Currently, these key precepts underpin most schools of thought:– The #LUNAtic community is unpara...
Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’
In what may have marked the largest token collapse in crypto history, Terra’s $40 billion stablecoin juggernaut crashed last week. Terra’s UST stablecoin, which is supposed to stay “pegged” to the pri...
Binance’s $1.6B LUNA Stash Now Worth $3000 — Do Kwon Finally Unveils Plan To Revive Terra ⋆ ZyCrypto
Advertisement     Terra’s cataclysmic meltdown has left an unsightly mark on the portfolios of holders of its tokens. This includes the world’s largest cryptocurrency ...
South Korean president’s plan to raise crypto tax threshold hits snag, Forkast says
The South Korean National Assembly Research Service said in a report released on Thursday that a 20% tax on cryptocurrency gains set for 2023 must maintain a 2.5 million won ($1,940) threshold, contra...
Ethereum Founder Vitalik Buterin Slams Do Kwon’s Recovery Plan! Here is What Vitalik Claims
After last week’s drastic crypto downfall, on Sunday, May 15th, Ethereum founder, Vitalik Buterin stated that if Terra plans to repay its holders, it should be dedicated to the holders who are at the ...
Terra’s LFG Announces Compensation Plan After Selling Over 80,080 BTC To Rescue UST ⋆ ZyCrypto
Advertisement     The cryptocurrency sector has experienced a lot of dark days in its history, but very few can match the events of the past week. The Terra fiasco sen...
What is a high-deductible Medigap plan, and is it worth the cost?
This article is reprinted by permission from NerdWallet. Medicare Supplement Insurance, or Medigap, covers “gaps” in Original Medicare coverage, including certain copays, coinsurance and deductibles....
Ethereum Founder Vitalik Buterin Supports TerraUSD (UST) Recovery Plan That Prioritizes Small Holders
Ethereum founder Vitalik Buterin says he supports a suggestion on how to reimburse holders of TerraUSD (UST) following the massive collapse of the Terra ecosystem last week. Originally put forth by a ...
Ethereum Founder Vitalik Buterin “Strongly Agrees” With Terra’s Plan to Compensate Small TerraUSD (UST) Investors Over Rich Investors
– Advertisement – The Ethereum creator believes that a plan to focus more on compensating small investors is a good hybrid formula. Vitalik Buterin, the founder of Ethereum, noted in his r...
Do Kwon pitches revival plan for Terra blockchain, with distributions to LUNA and UST holders
Do Kwon, the co-founder and CEO of Terraform Labs, pitched a revival plan proposal on Friday following the collapse of the algorithmic stablecoin UST and its related Terra-based asset, Luna. The propo...
Terra’s Do Kwon Lays Out Plan to Revive Embattled Network
Alex Dovbnya Do Kwon has introduced his plan to revive the embattled cryptocurrency project In a recent post published on a Terra-related forum, Do Kwon has laid out his plan to revive the embattled b...
The Price Of Bitcoin Is Plummeting The Biden Administration Is Working To Keep Him Out Of Your 401(k) Plan (k)
The Department of Labor did not put bitcoin on a no-fly list, it does have severe concerns about the appropriateness of investing in digital assets. This means that if an employee’s 401(k) bitcoin ass...
Binance CEO does not think LUNA recovery plan will work
Binance CEO, CZ, has revealed that he does not believe that Do Kwon’s plan to save LUNA will work. Do Kwon announced a proposal to fork LUNA to a new version in order to save the ecosystem on May 13. ...
Terra Founder Proposes Revival Plan But LUNA 2.0 Shall Be An Uphill Task, Here’s Why
Finally breaking his silence after the recent collapse of the Terra ecosystem, founder Do Kwon came up with a revival plan for the Terra blockchain network. Besides, the founder also said that they sh...
Do Kwon proposes Terra revival, including token redistribution plan
Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged...
Nigeria welcomes ‘Crypto Asset Rules;’ the plan might impress you
With many individuals and institutions losing faith in cryptocurrencies of late, looks like one country stands unaffected. Despite the unimpressive few days of the cryptocurrency market, Nigeria’s Sec...
Terra Founder Do Kwon Says Bitcoin Reserves Deployed For Rescue Plan
Terra founder Do Kwon has finally come public on Twitter after announcing the “Terra ecosystem revival plan.” Do Kwon says the team is currently working on using the Bitcoin reserves of Luna Foundatio...
This US Leader Opposes Fed CBDC Roll Out Plan
The plans for introduction of the central bank digital currencies (CBDCs) have been around for some time now. Even as efforts are on in various central banks including the Fed, influential leaders con...
Terraform Labs Founder Do Kwon proposes a Terra Rescue Plan
Terra has been at the receiving end of one of the most disastrous downfalls in the history of crypto and blockchain. Terra’s stablecoin project, UST, and its native token, LUNA, crashed in the past fe...
‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash
Luna LUNA , the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic c...
Terra (LUNA) Founder Breaks Silence, Proposes New Revival Plan for Ecosystem
Terra co-founder and CEO of Terra Labs, Do Kwon, has finally spoken on the crash of its network. He has submitted a proposal on how the embattled Terra ecosystem can be salvaged from its current ruins...