While the crypto world continues to assess the damage done in last week’s market crash, members of the G7 are urging regulators to act before the body’s next gathering in June. Reuters rep...
Tag: Terra
Terra: a cycle has ended for Novogratz
Mike Novogratz was a big supporter of the Terra project, to the extent that his Galaxy Digital had invested in it. Mike Novogratz believed strongly in the Terra project In January, he even displayed ...
This Investment Firm Lost Entire LUNA Holding! $10 Million Vanished After Terra (LUNA) Crash! – Coinpedia – Fintech & Cryptocurreny News Media
According to a recent blog post, Delphi Ventures, the cryptocurrency research firm Delphi Digital’s fund, has lost around $10 million following the crash of Terra’s LUNA. Traders of Terra’s LUNA token...
THORChain To Remove TerraChain, Launches Emergency Withdrawals For Staked Terra (LUNA) and UST
– Advertisement – THORChain Launches Emergency Withdrawals for Liquidity Providers of LUNA and UST Before the Rebirth of New Terra Network. The cross-chain liquidity network has launched a...
Why does Ethereum co-founder Vitalik Buterin want compensation for Terra holders?
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Terra Crash Causes Ripple Effect Among Crypto Startups, Here’s How
Crypto startup StableGains, which offered customers access to DeFi yields, may be in trouble after putting a bulk of its funds into Terra. The firm offered depositors a 15% yield by locking their fund...
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month – Defi Bitcoin News
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in de...
Do Kwon puts his Terra revival plan to the vote
Terraform Labs CEO Do Kwon has put his Terra revival plan to the vote among holders of the ecosystem’s Luna governance token. The plan is to fork the current Terra blockchain and allocate amount...
LUNA, UST Volatility Spikes As Voting On Terra Fork Begins
After losing most of their value in the past two weeks, Terra’s native tokens- UST and LUNA- are experiencing large price swings. The volatility comes just after Terra opened community voting on its r...
Analysts assess the aftermath of the Terra (LUNA) collapse
Financial commentator Frances Coppola is convinced that algorithmic stablecoins such as TerraUSD (UST) will always be vulnerable to sudden collapses, no matter how much the technology improves. “They...
Terra Founder Do Kwon Faces Tax Evasion Charges In S. Korea
Amid the ongoing Terra debacle, founder Do Kwon has now reportedly come under further scrutiny from the South Korean government for alleged tax evasion. South Korea’s Tax Service is charging Kwon and ...
Will Terra Founder Do Kwon Be Held Accountable Following Three South Korean Investigations?
– Advertisement – Terra Founder Do Kwon is falling deep into investigations. So a question arises Will Terra Founder Do Kwon Be Held Accountable Following Three South Korean Investigatio...
LUNA holders may veto the live vote to fork the Terra network
The TerraBuilderAlliance, Do Kwon, and others in the community have agreed upon a proposal to fork Terra Luna to attempt to salvage the Terra ecosystem. The voting is now live on Terra Station, and LU...
Terra LUNA: increased risk as early as April
It was already becoming apparent in April that the Terra LUNA project was at risk. This was revealed by Sentifi’s Terra LUNA Risk Score, according to which the perceived risk level did not exceed 10 u...
Terra Loses More Form: Do Kwon Faces Tax Evasion Charges; Law Firm Sues To Seize Properties
The multibillion-dollar collapse of Terra Labs’ stablecoin and the LUNA token is still ringing across the cryptocurrency industry, and numerous questions for Terra’s South Korean founder, Kwon Do-hyun...
Top Terra Whales Break Silence on Network’s Collapse
Key Takeaways Some of Terra’s most prominent investors have spoken out following the network’s disastrous collapse. Galaxy Digital’s Mike Novogratz said that Terra was “a big i...
Billionaire backer breaks silence on Terra fiasco calling it ‘heart wrenching’
Speaking for the first time since the sensational collapse of the Terra ecosystem, Galaxy Digital CEO Mike Novogratz penned an open letter warning of the risks of cryptocurrency. Galaxy Digital, along...
Did Do Kwon Dissolve Terra LUNA’s Korean Entity Days Before Crash? Know The Truth
Do Kwon, the creator of Terraform Labs, has a new Wikipedia article up and running that details his fall from grace. According to Wikipedia, Do Kwon attempted to dissolve Terraform Labs in Korea just ...
Updated Terra Revival Plan Receives Significant Support From LUNA Holders
Terra Founder Do Kwon put the Terra revival plan into motion as Terra users began voting on the revival proposal today. The “updated and final” revival plan was posted at 7:17 pm Hong Kong time and sa...
Big Investors in Terra LUNA Finally Break Silence, Here’s What They Have to Say
The collapse of the Terra ecosystem has sent shockwaves across the crypto market. Some of the biggest investors in Terra such as Delphi Digital and Galaxy Digital’s Mike Novogratz have finally broken ...
Terra Investors Alleged Ongoing Voting Exercise to Rebirth LUNA Network Is Being Rigged By Do Kwon
– Advertisement – Terra investors have taken to various social media platforms to slam the voting exercise that will determine whether a new Terra chain will be created. Nearly 24 hours a...
LUNA 2.0 – New Blockchain by Terra Without UST
2 hours ago | 2 mins read Blockchain News During the launch, LUNA will be airdropped in major app developers of Terra Classic. Terra 2.0 is believed to be “a chance to rise up anew from the ashes”. Th...
What now for stablecoins following the Terra UST disaster?
It’s been over a week since Terra UST de-pegged, triggering a massive market drawdown. UST’s market cap plummeted from $18.7 billion to $1.15 billion at writing. Similarly, the Terra LUNA ...
Terra Investor Mike Novogratz Breaks Silence on UST, LUNA Collapse
There’s been one person notably absent from the conversation about the collapse of Terra’s $18 billion algorithmic stablecoin and $30 billion network token, LUNA: investor Mike Novogratz. ...
With An Increased LUNA Supply, Will Terra (LUNA) Price Reclaim $1? – Coinpedia – Fintech & Cryptocurreny News Media
Since the time bears have shadowed the LUNA price action, the currency’s circulating supply is rising continuously. This increase in the circulating supply is mainly due to people redeeming their UST ...
Can Terra (LUNA) Still Reach $1, As Supply Approaches Near 7 Trillion
– Advertisement – Terra (LUNA) Circulating Supply Approaching 7 Trillion Puts Coin In Doubt of Reaching $1 Anytime Soon. More investors continue to dump LUNA into the market as TerraForm L...
Peckshield Sounds Alarm on Honeypot Posing as Terra Fork
The blockchain security firm Peckshield today warned investors about a newly deployed honeypot pretending to be “Terra Luna Classic” (LUNC) on Binance Smart Chain (BSC). The honeypot emerged after a p...
Terra Stablecoin (UST) Spikes By 160% To $0.3, Here’s Why
In a bid to revive the LUNA and TerraUSD from the recent historic crash, Terra has come out with multiple proposals. Amid the ongoing voting over the newly updated proposal, Terra’s UST prices briefly...
Shocker: Leaked Documents Shows Do Kwon Dissolved Terra Labs Few Days Before LUNA And UST Tanked
– Advertisement – Do Kwon De-registered His Company Right Before Terra Luna And UST Tanked. Terra Luna is still in the headlines for all the bad reasons. After experiencing a massive pri...
Ponzies Like Terra Threaten Entire Crypto Ecosystem
According to the CEO of Pershing Square Capital Management Bill Ackman, Terra operated as a Ponzi scheme, and its crash could affect the entire crypto ecosystem. Terra Stablecoin (UST) recently crash...
Terra Co-Founders to Face Fraud Charges in South Korea
The challenges ahead for Terra’s co-founders are notably more than just reviving the protocol after UST and LUNA coins collapsed last week. As reported by a local media site, Munhwa, an organized grou...