In brief UST and LUNA collapsed last week. Terra users will soon vote on whether to fork the blockchain. Terra Network co-creator Do Kwon is trying to revive the fallen blockchain after its UST stable...
Tag: Terra
Terra Meltdown Concerns European Officials; Renews Call for Legislation
European officials have called for immediate regulation of crypto in light of the Terra-led market crash. Bank of France Governor Francois Villeroy de Galhau said at a conference: “Crypto-assets could...
Do Kwon Suggests Terra Hard Fork to Revive Troubled Network
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network. In a series of tweets, Kwon suggested: “The Terra c...
Terra Crash Spilled Over Into Other L-1 Blockchains, Here’s How
Terra’s recent crash appears to have undermined investor confidence in other major layer-1 (L-1) blockchains, data shows. The blockchain’s value imploded in the first two weeks of May, and is now trad...
Institutions Poured $300M Into Bitcoin Funds During Terra Meltdown: Report
Bitcoin price volatility seems to have been a sale klaxon for institutional investors last week, some of which poured $299 million into exchange-traded Bitcoin funds, according to a new CoinShares rep...
Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman
Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme. Ackman’s comments come in wake of the Terra blockchain losing most of it...
Do Kwon Proposes New Plan to Revive Terra
Alex Dovbnya Terra’s Do Kwon has introduced yet another plan to revive the embattled blockchain project Do Kwon, the controversial co-founder of Terra, has come up with yet another rescue plan for the...
Terra Founder Do Kwon Blocks Doge Founder Billy Markus, Doge Founder Responds
– Advertisement – Terra Founder Blocks Doge Founder, Doge Founder Responds. A few days ago, Dogecoin co-founder, Billy Markus, called out what he referred to as “tech bros hubris” in the...
Solana [SOL] is holding above $50 after the Terra debacle, but this could happen next
It’s been a rough couple of weeks for the Solana [SOL] token that has been dealing with some new crypto assets as market cap neighbors after Terra [LUNA] and TerraUSD [UST] crashed down the rankings. ...
Terra ecosystem to vote on a fork to create Luna Classic and Luna Core
Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2.” In it, he has outlined an updated version of his original plan, which described forking the c...
Do Kwon Officially Proposes Hard Forking Terra to Revive Ecosystem
Terra co-founder Do Kwon has unveiled a detailed plan to hard fork Terra and revive the network’s ecosystem. It will involve abandoning its algorithmic stablecoin, and launching a new cryptocurrency t...
Do Kwon proposes Terra hard fork to save ecosystem
On Monday, Do Kwon, co-founder of the troubled Terra Luna blockchain, announced a revised plan to restore the ecosystem after a combination of significant market volatility and inherent protocol desig...
Terra’s Fork, Terra Classic ($LUNC) : Do Kwon’s New Revival Plan To Save LUNA Foundation – Coinpedia – Fintech & Cryptocurreny News Media
Terraform Labs CEO and co-founder Do Kwon has announced forking the Terra network into a new chain. 3/ Currently, these key precepts underpin most schools of thought:– The #LUNAtic community is unpara...
Polygon CEO Announces Support to Terra Projects For Migration to 0xPolygon
2 hours ago | 2 mins read Editors News Polygon PoS chains are available for Terra community initiatives as per Sandeep Nainwal. Talk of Terra’s recent downfall has been a topic of conversation. The cr...
Do Kwon suggests Terra (LUNA) hard fork to revive the protocol
Do Kwon, the Terra (LUNA) protocol founder, proposed a resurrection strategy to bring the project back from the ashes. Kwon advocated splitting the protocol’s existing form into two distinct ecosystem...
Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’
In what may have marked the largest token collapse in crypto history, Terra’s $40 billion stablecoin juggernaut crashed last week. Terra’s UST stablecoin, which is supposed to stay “pegged” to the pri...
Binance’s $1.6B LUNA Stash Now Worth $3000 — Do Kwon Finally Unveils Plan To Revive Terra ⋆ ZyCrypto
Advertisement     Terra’s cataclysmic meltdown has left an unsightly mark on the portfolios of holders of its tokens. This includes the world’s largest cryptocurrency ...
Crypto Funds Saw Year’s Highest Inflows as Terra Crisis Crashed Markets
The flurry of investment came as bitcoin (BTC) dipped to as low as $25,892 on Thursday amid fears Luna Foundation Guard, the organization that was supposed to support UST in a crisis, might panic-sell...
Do Kwon Says Terra Could Fork Into Two Blockchains
Key Takeaways Terraform Labs CEO Do Kwon has suggested forking Terra to create two blockchains: Terra and Terra Classic. The proposal is a response to TerraUSD’s (UST)’s recent failure; on...
Terra (LUNA) Sold 80k Bitcoins, But BTC Price Might Not Drop Below $20K
The cryptocurrency sector was founded on both transparency and anonymity. Even Bitcoin’s developer used a fictitious name, and the world may never know who was behind one of the most innovative financ...
Binance Debunks Terra $300M Investment Claim
A recent document indicated that Binance considered a $300 million investment in Terra. However, it appears that the deal was never finalized. CZ Debunks Investment Claim The VP of Research at The Bl...
Blockchain projects lured from Terra network
Terra-based projects have chosen to relocate away as being lured by Polygon and others Polygon Studios banded together with Terra designers to assist with moving them to its chain Juno Network propose...
The UK Stands Beside Its Commitment to Regulate Stablecoins Following Terra Fall
The U.K. Treasury Department, HM Treasury is moving ahead with its plans to regulate payment stablecoins even after a crypto market breakdown last week. The collapse of Terra which witnessed algorith...
Man Who Broke into Terra Founder’s House Was Crypto Investor Who Lost 3 Billion Won
A person previously accused of trespassing by illegally entering the house of Terraform Labs’ co-founder and CEO is currently under police investigation in Seoul, according to Yonhap News Agency...
Terra Should Safeguard Local Farmers Not Whales Says Buterin
The Luna Foundation Guard owned about $2.7 billion in Bitcoin prior to the LUNA and UST crashes (BTC). CZ also asked, Where is all the BTC that was meant to be used as reserves? in response to the poo...
Polygon and others extend helping hand to Terra blockchain projects
Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their commun...
Terra (LUNA) could have hit bottom: you can buy $LUNA token here
Most crypto investors are optimistic that Terra’s woes are almost coming to an end and that its coin the Terra (LUNA) is poised for recovery in the coming days. The rate at which LUNA was losing its v...
Small Terra Holders Should Receive Priority Reimbursement
Ethereum co-founder Vitalik Buterin has tweeted his support for a proposal suggesting Terraform Labs reimburses smaller wallet holders for their losses following the recent crash. As the dust settles ...
Crypto’s LUNA Catastrophe Threatens Conventional Assets
(Photo Illustration by Avishek Das/SOPA Images) SOPA Images/LightRocket via Getty Images An important cryptocurrency collapsed last week and the fallout is having far-reaching effects on stocks, bonds...
The man who broke into Terra CEO’s residence was a crypto investor who lost $2 million
On Monday, May 16, a crypto investor who is suspected of trespassing into the residence of Do Kwon, co-founder, and CEO of Terraform Labs, was questioned by the authorities in Seoul, Korea. The suspec...
Major Terra validator wants a new chain, opposes hard fork
The news of the Terra ecosystem crash has died down, but the losses are still being felt. The community is currently looking for the next best steps to ensure the revival of the network. A major valid...