From the last few weeks, and just three days ago, Terra Luna’s supply was just 340,000 according to Terra analytics. And the UST lost its peg from the dollar on Monday, and that is when the Luna start...
Tag: Plan
Do Kwon Proposes Revival Plan for Terra Ecosystem
Terra co-founder Do Kwon has unveiled a revival plan for the Terra community, which will involve abandoning the UST stablecoin entirely. Instead, he suggests that validators reset network ownership un...
Amidst the Recovery Plan, Will Ever Terra(LUNA) Price Be Back on Track?
Terra’s UST losing its peg has created huge turbulence within the crypto space which destabilized many of the assets. However, a minor recovery with the LUNA or UST price was mistaken as a trend rever...
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...
Plan an early retirement with Tezos (XTZ), Quitriam Finance (QTM), and Elrond (EGLD)
Retiring early is everybody’s dream but it requires careful planning so you can have enough funds to sustain a comfortable lifestyle. Tezos (XTZ), Quitriam Finance (QTM), and Elrond (EGLD) are three c...
Bitcoin mining firm Hive Blockchain announces 5-to-1 share consolidation plan
Bitcoin miner Hive Blockchain has announced plans for a 5-to-1 share consolidation that would materialize around May 20. The Canada-based company justified the move as a way to “add shareholder ...
Terra announces recovery plan as LUNA and UST continue dipping
The Terra ecosystem has suffered from one of the worst crashes in the cryptocurrency market. The collapse of the LUNA token by over 99% has been caused by the depegging of the UST algorithmic stableco...
Firms plan to use balloons to go to space in 2024
Nearly half of Americans want to travel to space. But that means the other half doesn’t, according to a 2021 survey by ValuePenguin, one of LendingTree’s financial research websites. Nearly 40% ...
Derivatives’ Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
But representatives of the derivatives markets made it clear FTX is directly threatening their territory, arguing that cutting out intermediaries for derivatives trades wasn’t just an idea that was go...
Bitcoin remains oversold as per enthusiast Plan B
Bitcoin (BTC) has never been at $30,000 with such an astonishing RSI Prestigious Bitcoin (BTC) scientist and examiner PlanB is sure that Bitcoin (BTC) is oversold at the present time The creator of th...
Terra’s Rescue Plan: $1.4B UST Set To Burn, While 240 million LUNA Being Staked – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon’s first rescue plan included enlarging the base pool, burning UST, and staking LUNA, according to the Terra’s Twitter account. Terra feels that the downward pressure on UST’s peg is diluting L...
Bitcoin Analyst Plan B Shares One Bullish Metric Amid Carnage
Vladislav Sopov One of the most renowned Bitcoin (BTC) bulls brings a little chunk of hope amid an accelerating bloodbath Contents Bitcoin (BTC) has never been at $30,000 with such an amazing RSI: Pla...
FTX’s Futures Trading Plan Attracts Wall Street Critics
Crypto exchange FTX has proposed changes to the existing US derivatives clearing rules, mostly by bringing automation. As the Commodity Futures Trading Commission (CFTC) sought industry feedback on th...
MKR Sellers Plan A Revisit $1000; Buy Again?
Due to a sudden price drop of its competitor Terra(LUNA), the MKR/USDT pair has witnessed a significant inflow as investors are safer with DAI stablecoin. As a result, the altcoin nearly jumped 80% on...
Terra founder Do Kwon shares plan to save the UST stablecoin peg
Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra’s LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be ...
Terra’s Do Kwon Finally Releases Recovery Plan for UST, Community Recalls “Lehman Brothers” Tragedy
Vladislav Sopov Here’s how Terra (LUNA) team is going to address collapse of TerraUSD (UST) stablecoin Contents Increase minting capacity would accelerate UST absorbing: Proposal Terra’s t...
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 ‘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...
Do Kwon Reveals Terra’s Proposed Rescue Plan to Save LUNA and UST
The outspoken Terraform Labs founder Do Kwon finally broke his silence and detailed the new rescue plan he has to re-peg the ecosystem’s flagship stablecoin, UST. In the latest Twitter thread, Kwon sa...
Terra’s Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours
The UST drama continues on the cryptocurrency market as more people are in massive losses after Luna’s drop below $10 and UST’s failure to maintain the peg with one U.S. dollar. To calm do...
LUNA Collapses to $0.69 As Terra Founder Do Kwon Outlines Plan To Rebuild Ecosystem
Terra founder Do Kwon has revealed a plan to rebuild the project’s ecosystem following LUNA’s 99% collapse from its all-time high to below $1 and TerraUSD (UST) losing its dollar peg. In a Twitter thr...
Slumping Galaxy Digital Announces Share Repurchase Plan
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TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash
Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple of days. TerraUSD (UST), a stablecoin pegged 1:1 to the U.S. dol...
“Terra’s Return to Form Will be a Sight to Behold,” Says Do Kwon As He Unveils UST and LUNA Recovery Plan ⋆ ZyCrypto
Advertisement     Drama in the Terra ecosystem has taken a turn for the worse as the LUNA price continued its third consecutive day of falling. Over the past 24 hours,...
LUNA Tanks Another 57% Slipping Under $20, Do Kown to Announce UST Recovery Plan
Things seem to be getting from bad to worse for the Terra ecosystem as the LUNA price continues its further correction. In the last 24-hours, LUNA lost another 57% and is currently trading at $16.71. ...
Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST
Do Kwon has announced a recovery plan in the works for UST and, therefore, the Terra ecosystem. UST has lost its peg from the dollar, and its native token LUNA is down is down 90%, currently trading a...
Do Kwon tweets out plan for rebuilding UST peg
Following on from the death spiral for UST and Luna, affecting the entire Terra ecosystem, Do Kwon has finally tweeted out a plan which he hopes will eventually return UST to its peg and bring much re...
UST Lose Its Peg, Terra (LUNA) Price Crashes More Than 90%! What’s the Recovery Plan?
Over the past few weeks, the cryptocurrency market is trading at an alarming rate dragging almost every cryptocurrency along with it. Among such cryptocurrencies is Terra blockchain’s LUNA. Over the ...
Vroom Stock Races Ahead After Earnings, CEO Switch and Turnaround Plan
Text size Courtesy of Vroom Vroom is poised to be one of the biggest winners of Tuesday’s volatile trading session, with the stock racing ahead after the company reported better-than-expected earnings...
Starbucks Employee Tells Top Exec He’s ‘Very Worried’ About Plan for NFTs
At a Starbucks company presentation today, one longtime employee confronted the coffee brand’s top executives with his concerns about NFTs. The presentation from Chief Marketing Officer Brady Brewer i...
Over 20 investment funds hold Dash, and 40 more plan to add it: Report
Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was co...