Kraken CEO Defends Terra 2.0 (LUNA) Listing Says Clients Demand Prompted the Listing

– Advertisement – Jesse Powell said the exchange listed LUNA due to rising clients’ demand. Following the launch of new Terra (LUNA) tokens and Terra 2.0, exchanges have indicated an inter...

Do Kwon’s First Taste Of Money Was Neither Terra Nor Basis Cash, So What Was it??

– Advertisement – Do Kwon’s First Startup – And His First Taste Of Both Money And Nepotism. Terra’s Do Kwon has found himself perpetually in trouble ever since Terra LUNA and UST crashed. ...

Terra 2.0 Launches Cross-Chain Transfer Bridge, LUNA Falls 8%

Terra has launched Terra Bridge V2 on the Mainnet using Cosmos IBC and Axelar Network. The bridge will allow users to perform the cross-chain transfer of tokens between Terra 2.0, Ethereum, Osmosis, S...

Users Can Now Transfer LUNA From Terra 2.0 To Ethereum As Terra Mainnet Launches Terra Bridge V2

– Advertisement –   Terra Mainnet Launches Terra Bridge V2. Terra has launched a new system, dubbed Terra Bridge V2, on the Terra Mainnet. The bridge uses Cosmos and Axelar to enhance func...

Terra developers get lured with better offers from rival companies 

Several companies are already luring Terra developers to sign up for their separate offerings, promising them more pay. The Terra ecosystem’s downward spiral has sparked a poaching tendency among othe...

Japan Passes Landmark Law Around Stablecoins to Protect Investors After Terra Debacle

Even before any other country could come out with legislation to regulate stablecoins, Japan became the first significant economy to pass such a bill for investor protection. Bloomberg reported on Fri...

Do Kwon Made A Mistake But Terra Staff Face Legal Scrutiny

The Terra crew has been summoned by the Seoul Southern District Prosecutor’s Office’s financial and securities criminal investigation team to investigate the fundamental reasons behind the...

Jump Crypto Breaks Silence on Terra Collapse

Alex Dovbnya Retail investors were main victims of Terra collapse as whales rushed to cash out early Jump Crypto, the cryptocurrency-focused subsidiary of Chicago-based proprietary trading firm Jump T...

Three Reasons For Terra (LUNA) Collapse Before LUNA 2.0 Launch

Following the Terra (LUNA) collapse, the head of the Office of the Comptroller of the Currency (OCC) is highlighting the reasons. And Urges to be careful with Luna 2.0 price Acting Comptroller of the ...

What Terra Collapse Brought For Stablecoins In Japan, New Law Passed

The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leavin...

Has Terra (LUNA) Collapse resulted in Staked Ether price drop?

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Report Shows Terra Whales Dumped UST as Soon as It Started Crashing

Jump Crypto has released a report on the crash of TerraUSD (UST), revealing that while whales were exiting their positions in the algorithmic stablecoin, retail investors kept buying. Jump Crypto, the...

Terra Insider Blames Do Kwon Of Rising Through ‘Nepotism’

Although Terra chief executive officer Do Kwon launched the new Luna 2.0, the project seems to have lost its trust. Even the launch of the new blockchain came amid much debate on Do Kwon investment af...

Terra Classic leads most trending cryptos despite dropping a further 30% in a week

After the collapse and re-emergence of Terra (LUNA) as LUNA 2.0, the platform’s old chain, now under Terra Classic (LUNC), is attracting tremendous interest among crypto traders.  Interest in Terra Cl...

Has Bitcoin Bottomed Out? Ex-BitMEX CEO Arthur Hayes Says Terra (LUNA) Fiasco Offers a Clue

Former BitMEX CEO Arthur Hayes says the collapse of Terra (LUNA) is giving a hint on the bottom price of Bitcoin (BTC). In a new commentary on Bitmex’s Crypto Trader Digest, Hayes says the decoupling ...

Bear Market Could Crash Several More Cryptos After Terra, Experts Say

The year 2022 has registered a major drop in the total valuation of the Global cryptocurrency industry. However, the recent collapse of the Terra chain has raised many questions about the reliability ...

Report Reveals Terra Holders Liquidated Their Holding When Crash Started

The Terra LUNA crash last month sent many investors back in their returns. The crypto market generally crashed the previous month, but the 80% deep dive in Terra wasn’t funny. The panic by the investo...

More Than 5 Years Needed To Remove The First Trillion From Supply At Current Terra Luna Classic (LUNC) Burn Rate

– Advertisement – Terra Luna Classic (LUNC) Burn Progresses At a Slow Pace. Terra community members engage in burning LUNC in a bid to reduce the token’s circulating supply. TerraForm Labs...

Terra 2.0 (LUNA) Price Trades Sideways, Terra Classic Continues to Lose Value » NullTX

With Bitcoin facing bearish momentum once again, falling below the $30k level, Terra 2.0 (LUNA) continues to trade sideways at the $6 level, and Terra Classic (LUNC) loses yet another zero, currently ...

Was Terra UST fiasco premeditated? Here’s how large investors were able to escape unhurt

Latest report says large investors were able to get out earlier than the small investors during the Terra collapse. The report was published by Jump Crypto, a crypto market-making unit of Jump Trading...

US Banking Regulator Issues Crypto Warning, Says Terra (LUNA) Collapse Exposed Three Industry ‘Fragilities’

The head of the Office of the Comptroller of the Currency (OCC) is reiterating the risks of investing in crypto assets following the Terra (LUNA) collapse. In a new interview on Yahoo Finance Live, OC...

Post the Terra UST fiasco, here’s how Japan plans to protect crypto investors

The crypto market underwent a massive correction period, the aftereffects even experienced till today. The largest decentralized stablecoin on the market (once upon a time), UST, faced a total collaps...

Report Suggests Large Terra Investors Abandoned LUNA And UST Before Things Went Wild

– Advertisement – The company noted how small UST became the major victim of Terra’s collapse.  Following the unfortunate incident that rocked the Terra ecosystem and the entire crypto mar...

Terra Halt, Was it Planned?

3 hours ago | 2 mins read Terra (LUNA) News TRL held over 200 stakeholders of the Terra Blockchain community. The disorganized chat created more muddles and misunderstandings. Terra stayed as the cons...

New DEX Platform Wants To Burn Terra Luna Classic (LUNC)

– Advertisement –   New DEX Platform Wants To Burn Luna Classic (LUNC), To Be Launched On Terra 2.0. After Do Kwon and Terraform Labs rejected community calls to burn LUNA instead of creat...

Terra (LUNA) 2.0 Price Spikes Along with LUNC, This May be the Target For the Weekend!

As the weekend is approaching fast, the crypto space again began to gear up to recover the recent losses. BTC price is again above the crucial level of $30,000 and hence most of the altcoins have also...

Terra Whales Dumped Onto Retail During Crash, Report Shows

Several large Terra holders exited their positions, while retail holders kept accumulating early into the crash, a report shows. Jump Capital- a major investor in Terra- said in a report that some of ...

Secret Terra Chat Leak Exposes Internal Chaos of Rebirth Plans

In the interests of transparency, a Terra validator has released a chat log between key players, including Do Kwon, as they prepared to launch LUNA 2.0. The chat logs reveal the state of chaos and con...

Do Kwon Imprisonment? Here’s Reality Behind Lawsuit On Terra Crash

Even as the South Korean government escalate investigations over Do Kwon and the Terra crash, looking deeper into legal aspects reveal interesting facts. Do Kwon and the Terraform Labs are facing laws...

CNBC Reports Terra Founder May Not Go To Prison For LUNA And UST Crash

– Advertisement –   Is Terra’s Do Kwon Going To Jail, Or Will He Pay Up? What Are The Options? Recently, Terra Luna’s issues have been a significant subject of discussion on crypto streets...

Terra Founder Do Kwon Loses $11 Million Bet After LUNA Collapse  

Embattled Terra founder Do Kwon has effectively lost a total of $11 million on a bet that he took against two cryptocurrency traders in March regarding the future price of LUNA. Self-proclaimed “semi-...

Hindsight 20/20: The Winners Of The Terra (LUNA) Collapse

The Terra (LUNA) collapse may be almost a month old at this point but its impacts remain fresh in the mind of investors. Millions of users on the decentralized finance (DeFi) network had lost billions...