The collapse of crypto Luna and its associated terraUSD stablecoin were really Unexpected. As billions of dollars in crypto wealth have been vaporized by their diving shockwaves throughout the market....
Tag: Terra
LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash – Featured Bitcoin News
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under in...
South Korea plans to sue crypto exchanges following Terra crash
Terra LUNA and Terra USD (UST) crash caused massive losses for investors globally. The crash prompted reactions from regulators globally, and in South Korea, regulators are actively engaged in finding...
Terra At Make-Or-Break Point As Community Burn Millions Of LUNA In Hopes Of A Huge Price Rebound ⋆ ZyCrypto
Advertisement     Terraform Labs’ founder, Do Kwon has cautioned “LUNAtics” against burning their LUNA tokens. Kwon was responding in a series of tweets to different f...
Terra Ecological DEX Astroport To Support Both Terra 2.0 And Terra Classic
– Advertisement – Good News For The Terra DeFi Community As Astroport Pledges To Support Both Terra 2.0 And Terra Classic. Terra 2.0 is gaining support across the crypto industry, especi...
Terra (LUNA & UST) – The Journey So Far
In the past, the crypto market has faced failures in the algorithmic stablecoins, the mechanism behind the stablecoins seems to be prominent in papers. Still, when it comes to executing them in the re...
Terra Debunks Claims of “Hard Fork,” Rather It Says It Will Create New One
As reported by Colin Wu, Terra has stated the “revival plan” for the blockchain does not propose a “fork” of the existing chain, but rather the creation of a new one. In the pa...
Do Kwon Warns Terra Community Not To Use LUNA Burn Address
Do Kwon’s co-founder and CEO of TerraForm Labs recently announced the Terra revival plan and received mixed reactions; many of them have questioned the effectiveness of a hard fork in reviving the fal...
South Korean Terra Holders Skyrocketed After Its Crash, Here’s Why
South Korea’s Financial Services Commission’s Financial Intelligence Unit (FIU) on Tuesday revealed LUNA and UST holders increased massively after the crash, hoping for a rebound in prices. The South ...
Over $80 Billion Erased from the Decentralized Finance (DeFi) Market Amid Terra (LUNA) Collapse
– Advertisement – The decentralized finance market was also not spared following the Terra ecosystem tokens collapse. The collapse of Terra ecosystem tokens TerraUSD (UST) and LUNA had a m...
Prominent entities implicated as whistleblowers lift lid on Terra scandal
? Want to work with us? CryptoSlate is hiring for a handful of positions! Twitter user @FatManTerra dropped a bombshell on May 23, alleging that the events at Terra LUNA were a criminal act orchestrat...
Astroport Supporting the Release of Terra 2.0 as Voting Ends
The hype around Terra 2.0 keeps growing. The recent voting session in the Terra community became the latest testament to it. The platform asked its community whether Terra 2.0 should be released. The ...
IMF Chair Advises Against Ditching Crypto After Terra Crash
International Monetary Fund (IMF) Chair Kristalina Georgieva during the World Economic Forum’s annual meeting on Tuesday said the collapse of Terra’s algorithmic stablecoin UST should not make people ...
South Korean Exchanges Could Be Held Responsible For Terra Crash
The ruling party of South Korea is likely to host an urgent meeting on Tuesday with officials from the state’s top five largest crypto exchanges. The officials look forward to holding crypto exchanges...
India’s Central Bank warns against the risks of crypto following Terra (LUNA) collapse
After the collapse of Terra (LUNA) and the stablecoin TerraUSD (UST), India’s central bank, the Reserve Bank of India (RBI), has issued a warning to its citizens against investing in the cryptocurrenc...
Yet another Terra Luna proposal fails to execute after passing a vote
? Want to work with us? CryptoSlate is hiring for a handful of positions! Proposal 1299 to (re)enable IBC passed over the weekend with a 95% “Yes” vote and 0.01% “No” vote. However, like a previous pr...
Terra Ecosystem Revival Plan 2 : Team Clears The Air
Following its recent collapse, the Terra ecosystem has been working on a recovery strategy and on Monday the Terra team gave an explanation to clarify the modified Terra Ecosystem Revival Plan 2. Terr...
U.S. Senator Says Terra Investors May Be Victims of Fraud
Alex Dovbnya Pennsylvania Senator Pat Toomey believes that the failed blockchain project may be a scam Pennsylvania Senator Pat Toomey recently told Barron’s that Terra may be a fraudulent project. Th...
Why Terra 2.0 And Awaited LUNA Airdrop Might Never Happen
– Advertisement – Terra 2.0 And Luna Airdrop Might Be In Ambiguity. The Terra community has been in limbo for days waiting for Do Kwon and Terraform Labs to formulate a plan to help inve...
Terra (LUNA) Team Confirms Terra 2.0 Is Not A Fork But Entirely New Chain
– Advertisement – Terra team reveals Terra 2.0 is not a fork. For days now, there have been speculations as to whether Terra 2.0 will be launched or whether Do Kwon and his team will chang...
Hard Fork Vs Genesis Chain: Debate Around Terra Revival
In an effort to clear confusion over the amended Terra Ecosystem Revival Plan 2, the Terra team on Monday gave an explanation. Following the recent collapse, the Terra ecosystem has been trying to com...
India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have bee...
S. Korea Police Seek To Protect Terra Funds
Even as the South Korean authorities try to probe the disastrous Terra crash, a new development took place in this regard on Monday. The latest action appears to be a cautious move to prevent any furt...
Terra were offering unsustainable yields; DeFi can support financial inclusion
Reporting from the inaugural day of the Blockchain Hub Davos 2022 conference, Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr hosted a panel discussion centered around decentralized finance ...
Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red
By early afternoon, bitcoin had fallen almost 4% over the past 24 hours to the low end of the $29,000-$30,000 range it has occupied for the nearly two weeks since the UST stablecoin and LUNA token tha...
How SushiSwap [SUSHI] managed to pull a Terra before it was cool
Once valued at $119 at its highest, Terra today has three zeroes after the decimal before a number appears. Trading at $0.0001902, LUNA has lost 100% of its value this month. But not too far away with...
South Korea May Sue Crypto Exchanges Over Terra Crash
Many prospects have come under the consideration of global cryptocurrency regulators since the brutal Terra crash. South Korean Government and agencies are trying to get the possible reason behind thi...
Terra: How long will this LUNA-r eclipse loom over the crypto market
“I no longer feared the darkness once I knew the phoenix in me would rise from the ashes”, said Ms. Luna. After suffering a significant decimation to its price following UST’s depegging, LUNA recorded...
Despite Terra Meltdown, DeFi Evangelists Still Bullish in Nature
DeFi defenders contend that there is as yet a spot in DeFi for algorithmic stablecoins, notwithstanding Terra’s accident One master says that you really want a solid portion of confidence to put stock...
A Look at Terra LUNA’s Inception and the People That Helped Do Kwon Rise – Featured Bitcoin News
After the LUNA and UST meltdown, many crypto investors have been curious about the project’s rise in popularity and people wonder about the background of Terra’s co-founder Do Kwon. Moreover, it is no...
Terra Revival Plans Fail to Execute! Do Kwon Doesn’t Support Burning LUNA Tokens
Terra’s collapse has affected several projects and migrated to different blockchain ecosystems for survival. Near Foundation also had played its part by onboarding Tracer, a lifestyle app, and Web3 fi...
Calyx Token Ready to Surge Following the Path of Defi Coins Like Terra (LUNA) and THORChain (RUNE)
Place/Date: – May 23rd, 2022 at 2:28 pm UTC · 4 min read Source: Calyx Token DeFi tokens are from ecosystems that want to bring decentralized finance to the masses via a connection of decentrali...