Citadel Capital CEO Ken Griffin is arguing the collapse of Terra (LUNA) should serve as a wake-up call for regulators. In a new interview, Griffin says the Terra (LUNA) “catastrophe,” which also saw t...
Tag: Terra
U.K’s Financial Regulator To Consider Terra Collapse While Establishing Rules For Digital Assets
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Court Filings Reveal Do Kwon Dissolved Terraform Labs Korea Days Before Terra Luna’s Demise – crypto.news
Do Kwon disbanded Terraform Labs Korea, dissolving its headquarters and lone branch days before the collapse of Terra crypto (LUNA) and stablecoin TerraUSD (UST), according to official records. Terraf...
Terra (LUNA) Network Dropped by Coinbase Cloud Service
Vladislav Sopov Coinbase’s blockchain API and cloud service stops supporting Terra (LUNA). What about Terra 2.0? Contents Coinbase Cloud ceases support for Terra (LUNA) infrastructure Will Terra...
Terra Under Heat After Amending Proposal Mid-Vote
Currently, the market is experiencing one of the most painful weeks this year, and it was exacerbated by Terra’s crash. While Terra’s ecosystem boss, Do Kwon, has been putting forward revival plans, h...
Terra LUNA fork voting in chaos amid massive inflation
In response to the de-pegging of UST, trillions of LUNA coins were minted due to the nature of the Terra LUNA algorithm used to maintain the UST dollar peg. LUNA is used in the Terra blockchain’s gove...
Do Kwon Says Terra Collecting Snapshot Data For LUNA Airdrop
Terra founder Do Kwon said the blockchain is in the process of collecting data from major exchanges for the upcoming LUNA airdrop. Kwon said that because of the large amount of data to be collected, t...
Another Top Exchange To Delist Terra UST Over Collapse
The Terra UST token faced the axe from popular cryptocurrency exchanges like Binance, BitMEX, OKX and FTX in the last few days. In a latest move, another top exchange Gemini joins the list of exchange...
Avalanche Founder Slams Misinformation about AVAX in Terra Collapse: Details
Vladislav Sopov Emin Gün Sirer debunks toxic narratives regarding Avalanche ecosystem, AVAX token and LUNA/UST drama Contents AVAX, SOL, ETH will not end up collapsing like LUNA, here’s why R...
Beware of Malicious Proposals, Terra (LUNA) Team Says No Dapps Launched on Terra 2.0
– Advertisement – Terra Team Warns Community to Beware of Malicious Proposals, Says No Decentralized Application Has Launched on Terra 2.0. Terra’s team said proposals urging people to pre...
CZ On Terra (LUNA): “Most Stupid Design Flaw Is Thinking Minting More Of An Asset Will Increase Total Value”
– Advertisement – Binance CEO: Terra Had The Chance To Save Luna And UST When The De-peg Was At 5% But They Failed To Act. There have been varying opinions from various people in the cry...
Three Metrics Suggest a Key Trend on Stablecoins Following Terra UST Collapse
The Terra ecosystem collapsed earlier this month, with the LUNA token plunging to zero after the UST stablecoin lost its peg. The contagion risk subsequently spread to the stablecoin landscape. ? #Sta...
Market Pundit: UST And Terra (Luna) Collapse Is NOT An Indication That Crypto Market Is Ending
– Advertisement – Crypto Market Is Not Ending Because Of Terra. Since the collapse of the Terra blockchain ecosystem, there has been a pessimistic sentiment spreading within the crypto m...
Another Top American Exchange Halting Terra USD (UST) Trading After Coinbase
– Advertisement – Gemini follows Coinbase to halt UST trading. Following the crash of the Terra ecosystem tokens and the de-peg of TerraUSD (UST), U.S.-based cryptocurrency exchange Gemini...
New Crypto Rules in UK in the Wake of Terra Collapse
Terra (LUNA) saw a complete and total implosion this week, which saw the price of LUNA drop from $62 on May 9 to less than a cent on May 14. Bloomberg reported on Friday that the UK’s financial regula...
Burn The Remaining Terra USD (UST) Vote Passed But Failed to Execute Due to Technical Issues
– Advertisement – Terra’s Proposal to Burn UST Failed to Execute Due to Technical Issues. The team’s proposal to burn UST failed, as a new proposal is launched toward that effect. Terr...
Lifeline for Terra projects, proposed Terra hard fork and more
The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra’s collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of se...
Reborn Terra Network to Be Potentially Denied by Top-Tier DeFi Platform Lido Finance
Arman Shirinyan One of the biggest DeFi platforms in the world might not accept the “new” Terra The new version of the Terra network announced by its co-founder Do Kwon will most likely go...
Terra collapsed because it used hubris for collateral — Knifefight – Cointelegraph Magazine
The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now. Assembled here is a plain...
Avalanche Founder Says Terra Is as Bad as Mt. Gox
Alex Dovbnya Alavanche founder Emin Gün Sirer believes that the collapse of Terra is worse than the DAO hack During a recent interview with Forbes, Alavanche founder Emin Gün Sirer compared the severi...
Binance CEO Says Terra Crash Was Avoidable, Here’s How
Describing the Terra LUNA ecosystem as a shallow concept, Binance CEO Changpeng Zhao on Friday further spoke about the crash. He said there are ‘no great solutions’ that can please everyone who were a...
Terra Fork Receives 85 Percent Support In Early Voting
If opposition votes reach 33.3 percent, the veto will be invoked. According to previous statistics, 9% of voters were opposed to the plan. A further 0.4 percent of votes are against the plan without a...
Binance CEO Pens Down Critical Points Regarding Terra Ecosystem Collapse
2 hours ago | 2 mins read Editors News LUNA team was unable to create enough “revenue” to keep it going. The incentives utilized to attract new investors were not sufficient to keep pace. Following th...
Will DeFi Giant Lido Support The Terra Reboot?
Lido, one of the largest Ethereum-based DeFi protocols, opened a community debate on whether to support Terra after its hard fork. A community proposal endorsed by the main Lido team presents four sce...
Bitcoin Correlation to Wall Street Persists, Market Calms Down Following Terra Demise: This Week’s Crypto Recap
In the wake of Terra’s devastating collapse, the cryptocurrency market is taking a shot at recovery. In the past seven days, the total capitalization is up to $1.350 trillion, gaining roughly around $...
Australian Bank Halts Plans to Launch Crypto Trading Services Amid Terra Drama
Following the recent Terra LUNA drama, Commonwealth Bank of Australia (CBA) has suspended plans to launch an in-app cryptocurrency trading service, according to reports from The Guardian. Recall that...
LUNA Price Analysis: Terra implosion leaves the asset fending for itself
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Binance CEO Says UST and LUNA Crash Could Have Been Avoided If Terra Used Its Bitcoin Reserve Earlier
– Advertisement – CZ is still not happy with the way Terra handled last week’s situation as he believes the crash could have been avoided if the team had acted swiftly. Changpeng “CZ” Zha...
Terra Network’s Members Approve Its Rebirth Initiative – crypto.news
According to Terra’s official statement, more than 79% of its members have approved Do Kwon’s initiative to implement the network’s revival plan of Terra chain without the use of the algorithmic stabl...