A key part of Terra’s recovery plan is the removal of Do Kwon’s Terraform Labs and making the blockchain completely community-owned. But this aspect of the plan may have been premediated. An old inter...
Tag: Terra
Brock Pierce Weighs In On Terra Stablecoin Crash
Bitcoin Foundation Chairman and Tether co-founder Brock Pierce sat down with Bloomberg, weighing in on the demise of TerraUSD as well as the market crash. Users of the coin have reportedly lost millio...
las aplicaciones DeFi de Terra han perdido $28.000 millones
“Se ha perdido la confianza, pero en caso de compensación por pérdidas y devolución de fondos, hay posibilidades de que se restablezca”, dijo a CoinDesk el director Ejecutivo de KuCoin, Jo...
Terra (LUNA) Founder Do Kwon Facing South Korea Investigation Over Claims of Ponzi Fraud: Report
The CEO of Terraform Labs is facing possible criminal charges in the wake of two leading cryptos collapsing earlier this month. In a new report, Yonhap News says that South Korean authorities are cons...
G7 Countries Demand Swift Crypto Regulations after Terra Collapse
Top financial leaders of the G7 nations have requested the Financial Stability Board (FSB) for bringing consistent and comprehensive crypto regulations. Finance ministers and central bank leaders of t...
What Happened to LUNA & Terra? A Death Spiral, an Offering Trap, and a Mathematical Drawback » NullTX
1. What happened to Terra? Terra, the most famous algorithm stable coin project in the cryptocurrency market, experienced a disastrous downside during the past week, which also caused a crash in the w...
Will Terra Sell Its $92 Mln Avalanche (AVAX) Holdings?
Avalanche cleared the air over the $92 million worth of AVAX tokens held by Terraform Labs and the Luna Foundation Guard (LFG). The blockchain said that it does not believe Terra will sell its holding...
Majority Of Terra Community Wants New Luna Chain Without UST
– Advertisement – The Terra community has been deliberating on the way forward after the crypto lost over 95% of its ATH value. Many in the crypto community at large have offered their opi...
Binance CEO CZ Shares “Lessons” From Terra Collapse
Key Takeaways Binance CEO Changpeng Zhao has shared a new note with some of his reflections from last week’s Terra collapse. Zhao warned against projects offering high yields and advocated for f...
There Was No Terra ‘Attack’
There’s a natural impulse to want to protect people who might not understand those risks. At the same time, a major promise of crypto was opening up capital markets to people who wouldn’t qualify to c...
Prominent Influencers Of Crypto Space Calls Terra UST A Castle Of Cards! Here’s Why?
According to Tether (USDT) and Paolo Ardoino, Bitfinex chief technology officer, the Terra (LUNA) project was not actually created for a rug pull, instead it is one that is of a poor design. While tal...
Terra Amends Terra 2.0 Proposal To Accommodate Community Feedback
– Advertisement – A few days ago, the Terra team, led by Do Kwon, made a proposal to the community to fork LUNA and create a new LUNA coin in a new chain. It was named Proposal 1623. Howev...
Terra (LUNA) Rebounded Over 1000% In a Day? — Can Investors Expect Any Ray of Hope?
The past two weeks have seen an extreme bear market in the history of crypto, with the total market capitalization of this industry dipping as low as $1.1 trillion for the first time since July 2021. ...
Terra validator hits out at Do Kwon’s ‘dictatorship model’ on key fork vote
A Terra validator voting against Do Kwon’s plan to revive the network has hit out at the way the vote has been managed, blasting a lack of decentralization. Allnodes CEO and founder Konstantin Boyko-R...
Here’s How Terra Blockchain Plans To Support Its LUNA & UST Holders – Coinpedia – Fintech & Cryptocurreny News Media
Recently Terra (LUNA) had one of the worst crashes where the price bottomed below $1 along with the blockchain’s stablecoin, UST which got de-pegged. This price action by Terra affected the whole cryp...
Terra Ecosystem Announces Some Key Amendments to Its Revival Plan
After the recent collapse, the Terra ecosystems has been working on a revival plan. A majority of the Terra community members have voted in favor of a hardfork. In the latest development, Terra has pu...
Why did the CTO of Tether and Bitfinex, Paolo Ardino, call Terra a ‘castle of cards’?
Fall of the Terra network has given people the chance to openly criticize the shortcomings that resulted in its collapse Another criticism Terra network received recently from Paolo Ardonio, CTO of Te...
Terra Has a Recovery Plan With Community Feedback
The last couple of weeks has been a tumultuous time for the crypto market as Terra lost its peg and the ecosystem collapsed in days. Terra’s native token LUNA was felled, and the value virtually reach...
UK Regulator to Consider Terra Coins Collapse in New Crypto Rules: Report
On May 13, Terra’s UST algorithmic stablecoin slumped as low as 23 cents, and the LUNA token, created to prevent the UST algorithmic stablecoin from being volatile, fell 96% at one point. An alg...
Billionaire Mike Novogratz Speaks Out on Terra (LUNA) Collapse, Says This Is What Caused $40,000,000,000 Wipeout
Galaxy Digital CEO Mike Novogratz is breaking his silence more than a week after Terra (LUNA) collapsed wiping out billions of dollars. Novogratz says that the tightening of monetary policy by central...
BNB Chain offers another lifeline to Terra ecosystem projects
Binance will welcome migration and offer support to projects from the Terra (LUNA) ecosystem following this month’s unraveling of the decentralized finance (DeFi) platform and its algorithmic stableco...
Delphi Digital admits ‘we were wrong’ on Terra stablecoin risks
Crypto-focused research and investment group Delphi Digital has published a post-mortem on the losses inflicted by last week’s collapse of TerraUSD (UST) algorithmic stablecoin, concluding that ...
Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder
As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of both retail and institutional investors, it doesn’t pose a risk to the larger crypto ec...
Blockchain Firm Losses $3.5 Billion As Terra (LUNA) Crumbles
Hashed, a Seoul and Silicon Valley based crypto assets fund and community builder has lost over $3 billion in the wake of Terra (LUNA) collapse. The venture capital is a well known financier of Terra ...
Terra is a DeFi Scam! LUNA/UST Is Emblematic Of All DeFi
On May 9th, 2022, Terra (LUNA) made international headlines after its stable coin, UST lost its peg for the second time in two days. The fear that followed resulted in the Terra ecosystem collapsing o...
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST – Featured Bitcoin News
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon ...
Terra Network Will Be Reborn, According to Official Voting
Arman Shirinyan Terra is getting ready for a revival as official voting tilts heavily in favor of fork As U.Today had previously covered, Terra’s co-founder, Du Kwon provided the community and i...
Terra (LUNA) Faces a Fight for Survival, Any Hope?
Terra Price Prediction – May 19 The next few months may see Terra LUNA’s price prediction falter a bit, but that shouldn’t be common, but a break with the bears may see LUNA hit the trail again for hi...
Big Terra Investor Mike Novogratz Finally Speaks Out On UST/LUNA Disastrous Fallout ⋆ ZyCrypto
Advertisement     After an uncharacteristic silence of over a week, Galaxy Digital founder and CEO Mike Novogratz has finally given his take on the devastating fall of...
Can Tron Fill The Hole In DeFi Left By Terra?
Tron (TRX) token has come out as the top gainer among major cryptocurrencies in May. The blockchain appears to be among the few that stood their ground amid the massive market crash last week. The TRX...
Terra commences voting on Do Kwon’s LUNA revival plan
The running tally as of press time showed 87.5% in favor of the plan 10.5% opposed the plan 92% out of almost 7,000 votes were against Kwon’s earlier version of the proposal A vote relating to T...
Critics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves
– Advertisement – Do Kwon And Terra Could Have Saved LUNA With The $1.3 Billion Reserve But They Did Everything Wrong. The troubles facing Terra Luna and UST continue to spark heated deb...