Terra Founder Sent $80 Million in LUNA and UST to His Wallets Every Month: FXStreet

As per data allegedly shared by SEC, Do Kwon cashed out over $80 million in Terra's crypto on monthly basis before whole thing collapsed

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Do Kwon accused of siphoning $8M a month from failed Terra project

@WatcherGuru claimed Terra staff told Securities and Exchange Commission (SEC) investigators that Do Kwon had been withdrawing $80 million a month before the LUNA/UST crash. The post Do Kwon accused of siphoning $8M a month from failed Terra project appeared first on CryptoSlate.

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Terra’s Luna, Luna Classic Tokens See Volatile Trading Amid New Developments

Futures tracking the two tokens racked up nearly $18 million in liquidations over the past day in a higher-than-usual move.

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Solana Announces $100M Fund to South Korean Web3 Startups

The Solana Foundation and Solana Ventures have committed $100 million to non-fungible token (NFT), gaming, and decentralized finance (DeFi) projects on the network in order to assist with the continued growth of Terra (LUNA) projects following its collapse.

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Terra 2.0 (LUNA) Price Declines by 14% Amid Bearish Momentum for Crypto Markets

Bitcoin and Ethereum are again showing bearish momentum as BTC and ETH have lost 5% in the past 24 hours. Terra 2. 0 (LUNA) is also down over 14%, currently trading at $4. 31, dipping below $1 billion market capitalization with a current valuation of $912 million.

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Terra Founder Do Kwon Loses $11 Million Bet After LUNA Collapse  

Embattled Terra founder Do Kwon has effectively lost a total of $11 million on a bet that he took against two cryptocurrency traders in March regarding the future price of LUNA. The post Terra Founder Do Kwon Loses $11 Million Bet After LUNA Collapse   appeared first on BeInCrypto.

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Mirror Protocol Being Attacked as $2 Million Already Drained by Hacker

Mirror Platform was only few minutes away from catastrophe caused by Luna collateral

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Anchor Protocol Got Exploited with Launch of Luna 2.0, User Makes "Free" $800,000

Lucky user makes almost $1 million because of simple exploit

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Terra 2.0 proposal gets the crypto community's nod of approval but that's not all

Pretty much the entire crypto community is well-aware of the Terra (LUNA) fiasco. Overall, investors lost more than $400 million as the Terra ecosystem hit rock bottom. But what about a recovery plan?The post Terra 2.

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Scammers Fake Luna 2.0 Token Airdrop, Send Million of Tokens to Vitalik Buterin, 3AC and Justin Sun

Scammer was trying to trick users into sending their Luna tokens to a fake airdrop address

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278 Million LUNA Burned, Former Technicolor Exec Joins SHIB Metaverse Team, Scaramucci Takes Large Position in Algorand: Crypto News Digest by U.Today

Don’t miss the latest events in the world of crypto with U.Today’s news digest!

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Terra Snapshot Expected This Week. Here’s How 'New' Luna Will Be Distributed

The supply of tokens on the new blockchain will be just over 116 million, developers said.

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278 Million LUNA Burned Since Do Kwon Posted Burning Address

People keep sending their tokens to dead address, 25 million LUNA gone in 24 hours

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Delphi Digital Loses Its Entire LUNA Investment

Delphi Ventures says that it has completely lost its $10 million investment following collapse of LUNA

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CZ on Terra LUNA collapse: ‘This is what diamond hands looks like’

In the wake of the Terra ecosystem implosion, Binance boss ChangPeng Zhao (CZ) commented, “this is what diamond hands look like,” about the 15,000,000 LUNA tokens Binance had received as part of the company’s $3 million investment in Terra.

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LUNA Circulating Supply Surges by 1.9 Million Percent, DOGE Price on the Brink, Cardano Flag on Mount Everest: Crypto News Digest by U.Today

Keep an eye on the crypto industry’s happenings with U.Today’s news digest!

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Terra LUNA Circulating Supply Increases by Nearly 1.9 Million Percent Within Days

LUNA token has lost 100% of its value in the last seven days

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Top 3 Metaverse Crypto Coins Below $250 Million Market Cap to Watch in May 2022

With the recent cryptocurrency market correction and the Terra Luna debacle, many projects are on a fire sale. The good news is that Metaverse crypto coins are showing significant bullish momentum today, with many seeing high single-digit percentage growth.

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Terra Outlines Emergency Plans To Save LUNA And UST

Terra’s CEO, Do Kwon, reappeared early Wednesday to present an emergency plan to save UST and LUNA. To protect against network governance attacks, the business proposes burning all UST in the community pool, burning the remaining 371 million UST cross-chain on Ethereum, and stakeing 240 million LUNA. Terra Plans To Save LUNA And UST The […]

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Is it Worth buying Luna under five dollar

The crypto market has been through many steep drawdowns in previous cycles, but what’s happening now with the Luna ecosystem is something we have never seen before. What used to be a top ten cryptocurrency with over $40 billion market cap has now fallen to a 590 million market cap, with the token (LUNA) price […] The post Is it Worth buying Luna under five dollar appeared first on ItsBlockchain.

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Terra’s LFG to Deploy $1.5B to “Protect the UST Peg”

The Luna Foundation Guard said Monday that it plans to lend $750 million in Bitcoin and 750 million UST to over-the-counter trading firms to help protect the UST peg after...

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285 Million UST Sold by Single Wallet on Curve and Binance Triggers Huge Outflows

LUNA supporters, however, believe that this might be a "deliberate and coordinated attack"

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Avalanche: Amid major funding rounds, is an AVAX rally on the cards

“What a month”, said an Ava Labs employee. The Luna Foundation Guard (LFG), on 7 April announced the LFG’s intentions to buy $100 million worth of AVAX tokens from the Avalanche foundation. AThe post Avalanche: Amid major funding rounds, is an AVAX rally on the cards appeared first on AMBCrypto.

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Terraform Labs gifts another $880M to Luna Foundation Guard

After receiving a $1.1 billion donation last month, the Luna Foundation Guard has received another 10 million LUNA tokens from Terraform Labs.

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Terra Buys Additional $100 Million Worth of Bitcoin

Terra's Luna Foundation Guard continues to increase its Bitcoin reserves, but its recent purchases have failed to move the market

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Do Kwon Buys 4,000 Bitcoin, Another $100 Million Transferred

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Luna Foundation Guard Holds Almost 40,000 BTC After Weekend Purchase

Luna Foundation Guard made a $173 million bitcoin buy over the weekend.

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Terra Buys Another $176 Million in Bitcoin

Luna Foundation Guard has purchased another $176 million worth of Bitcoin

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Terra adds Avalanche to its UST Reserve, the two will partner on a new gaming subnet

The Terra Luna Foundation has added Avalanche (AVAX) to its UST Reserve. Terra has bought AVAX coins worth $100 million making Avalanche the second Layer 1 digital currency to be added to Terra’s UST Reserve.

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Terra Buys $100 Million Worth of AVAX Tokens to Back Its Stablecoin

Luna Foundation Guard has bought $100 million worth of AVAX tokens, moving beyond Bitcoin

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Terra Backers Buy $200M in AVAX Tokens, Bolstering Crypto Reserves Beyond BTC

The Luna Foundation Guard bought $100 million in AVAX with UST stablecoins. Terraform Labs swapped an additional $100 million in LUNA for the same value in AVAX.

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Do Kwon Buys Another $230 Million Bitcoin

Luna is back to buying bitcoin with a bigger purchase than usual performed earlier today after a pause. Blockchain data shows the Luna Foundation Guard Reserve Wallet transferred 231,400,000 USDt...

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Luna Foundation Guard (LFG) buys an additional 2,943 BTC for $139M

Luna Foundation Guard has doubled down on its Bitcoin (BTC) strategy after purchasing an additional 2,9430002511 BTC for $139 million. The post Luna Foundation Guard (LFG) buys an additional 2,943 BTC for $139M appeared first on CryptoSlate.

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After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly?

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The $10 million LUNA Twitter bet – who will win?

Key Points The biggest risks to Terram and where its price will be in…

The post The $10 million LUNA Twitter bet – who will win? appeared first on Coin Journal.

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MetaMagnet closes $25M round led by FTX, Animoca

MetaMagnet Ltd. , who operates C2X, the universal blockchain gaming platform running on Terra (LUNA/USD), has closed a $25 million funding round led by well-known investors like Animoca Brands, FTX Ventures (FTX/USD), and Jump Crypto, PR News Wire reported.

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Terraform Labs CEO closes $10M bet on LUNA price

Terraform Labs CEO Do Kwon finalised a bet with GCR, a crypto personality (short for Gigantic Rebirth) of $10 million. Do Kwon is betting on a higher future price of Terra (LUNA/USD). Both parties have sent $10 million in stablecoins to an escrow account.

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Terra’s CEO places $1 million bet on LUNA’s price one year from now

The native token of Terra network, Luna, has been performing exceptionally well for a while, but not everyone thinks that’ll last forever. The post Terra’s CEO places $1 million bet on LUNA’s price one year from now appeared first on CryptoSlate.

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$6.6 Million in LUNA Grabbed by Top ETH Whale: Report

Major whale has purchased a large LUNA lump, while the cryptocurrency has got on the list of the top ten purchased assets

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LUNA may be suffering, but here's what is gaining support from it

The Terra blockchain recently infused about $450 million worth of UST into the Anchor yield reserve through the Luna Foundation Guard. This extended the reserves for the next 12 months. Now, while The post LUNA may be suffering, but here's what is gaining support from it appeared first on AMBCrypto.

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Finance Redefined: Terra expanding UST and LUNA, and Aave Arc seeks institutional adoption, Dec. 31–Jan. 7

Terra Research presented a governance proposal to expand the influence of UST and LUNA, Aave Arc launched a DeFi pool for whitelisted projects, and WonderFi Tech purchased First Ledger Corp for $162 million — all coming to you in this week’s Finance Redefined.

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$139M Terra proposal to ‘bring awesome UST use-cases’ to DeFi projects

Terra would provide over $139 million in UST and LUNA to several DeFi projects on Ethereum, Solana and Polygon for at least the next six months.

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$2.7 Billion Worth of LUNA Tokens Burned So Far in December as UST Demand Increases

UST demand rises with 27 million LUNA tokens burned so far in December

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Terra Climbs Past $100 Amid Fresh Listing with 7.5 Million LUNA Tokens Burnt

Terra Luna records 55% growth after its return above $100 amid fresh listing

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Crypto Outliers: Terra (LUNA) Amasses $16.9 Bln & Surpass BSC, Avalanche (AVAX) Aims for 1 Million Daily Transactions

While the broad crypto market is getting hammered, some coins emerge as outliers. Bitcoin and Ether are stuck in a range and are currently sitting around $46k and $4,800, respectively, while the total crypto market is at about $2.

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Terra Founder Sues SEC, Stablecoin Platform Is Burning $4 Billion Worth of LUNA Tokens

The algorithmically-governed stablecoin platform Terra is proposing to burn 90 million LUNA, worth $4 billion at current prices and about 10% of the total supply, in the community pool to mint UST stablecoin for the network’s insurance protocol Ozone.

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Terra (LUNA) kickstarts $150 million ‘Project Dawn’ to bolster cross-chain ecosystem

Terraform Labs (TFL), a team behind the algorithmically-governed stablecoin platform Terra, recently announced the launching of the blockchain’s new funding initiative dubbed Project Dawn. The post Terra (LUNA) kickstarts $150 million ‘Project Dawn’ to bolster cross-chain ecosystem appeared first on CryptoSlate.

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Blockchain.com bets on LUNA ecosystem, joins $150m Terra initiative fund

Blockchain dot com, a full-stack crypto services platform has recently announced it jumped on board Terra’s $150 million Ecosystem Fund, established to act as a capital foundation for projects eager to build and develop applications, protocols, and tools on the growing network.

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Terra sees a monthly burn of $185 million worth of LUNA tokens

LUNA, the native cryptocurrency of a project called Terra, recently saw a nearly 80% price surge over the course of the last week. The protocol, created by a team of developers from South Korea, even managed to surpass another leading project, Polygon (MATIC/USD), formerly known as Matic Network.

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