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LUNA Meltdown Doomed To Get Worse After Shocking Departure Of Terraform Labs Legal Team
Their departure follows last week’s unrecoverable downfall of the TerraUSD (UST) stablecoin and native token LUNA. дальше »
2022-5-18 16:27
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Terraform Labs’ legal team quit as UST collapsed
Terra’s legal team resigned as UST lost its dollar peg and collapsed, pushing the Luna token to zero, according to sources familiar with the matter. As reported by the crypto publication The Block on Tuesday, some members of Terraform Labs’ legal team left as the crypto markets roiled from UST’s failure. дальше »
2022-5-18 23:36
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Terra Community Vehemently Rejects Do Kwon’s Proposal To Fork LUNA’s Blockchain
The Terra community has opposed Do Kwon’s second revival plan to fork Terra to create two blockchains in a bid to make up for last week’s real-time collapse of UST. дальше »
2022-5-18 23:28
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Do Kwon Not Giving Up On LUNA Just Yet, Plans Radical Shift To Keep The Terra Ecosystem Alive
After the horrific events of the last week following TerraUSD’s (UST) de-pegging from the US dollar, Terra’s founder is not giving up on the project. дальше »
2022-5-18 19:41
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Report: Crypto sees record investment despite bearish market
CoinShares’ latest report has revealed that investment into crypto products scored a record inflow of $274 million last week as crypto investors looked to take advantage of the market-wide crash that resulted in the market cap of the industry dropping below the $1. дальше »
2022-5-17 14:00
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Here’s why Luna UST crash is not crypto’s ‘Lehman Brothers’ moment
Investors were flummoxed by the sharp fall in Bitcoin’s value and that of other cryptocurrencies this past week, leading the total crypto market capitalization to plummet to as low as $1. 23 trillion on May 12, its lowest level since July 2021. дальше »
2022-5-17 13:27
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Another algorithmic stablecoin, DEI, loses peg
Another algorithmic stablecoin from Deus Finance, DEI, fell to as low as 54 cents on Monday, continuing what has been a tumultuous week for stablecoins. The post Another algorithmic stablecoin, DEI, loses peg appeared first on CryptoSlate. дальше »
2022-5-17 08:00
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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 ecosystems, Terra Classic and Terra 2. дальше »
2022-5-17 03:01
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Binance’s $1.6B LUNA Stash Now Worth $3000 — Do Kwon Finally Unveils Plan To Revive Terra
Terra’s cataclysmic meltdown has left an unsightly mark on the portfolios of holders of its tokens. This includes the world’s largest cryptocurrency exchange by trading volume, Binance. дальше »
2022-5-17 00:59
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Terra’s LFG Reveals What Happened to Its Bitcoin Reserves
The Luna Foundation Guard revealed early Monday in a tweetstorm that it had sold off almost its entire Bitcoin reserve in the failed attempt to prevent the meltdown of its... дальше »
2022-5-16 14:28
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LUNA Investors ‘Suicidal’ After Crypto’s Collapse – Do Kwon Says He’s ‘Heartbroken’
Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. дальше »
2022-5-14 07:29
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Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U. S. dollar have been the obvious winners from the recent crash but it seems that investors are taking it one step further this time around. дальше »
2022-5-14 02:00
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This Week In DeFi – May 13
To the DeFi community, This week, TerraUSD took center stage for unfortunate reasons, as the third-largest stablecoin lost its peg […] The post This Week In DeFi – May 13 appeared first on DeFi Rate. дальше »
2022-5-13 19:27
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Exchanges begin delisting LUNA, Binance explains why
The world’s largest exchange by trading volume, Binance, has delisted its trading pairs for Terra’s LUNA. The exchange announced that it had canceled all pending orders, ceased trading, closed user positions, and conducted an automatic settlement of all LUNA trading pairs. дальше »
2022-5-13 18:45
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Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg
Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been making rounds in the past week, overshadowing claims of a structural problem with the nature of stablecoins. дальше »
2022-5-13 17:36
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Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash
Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation soon, according to a Reuters report. дальше »
2022-5-13 17:10
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Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework
The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […] дальше »
2022-5-13 13:39
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Crypto Exchange Gemini Responds To Rumors That It Orchestrated UST Crash
The Terra UST crash is no longer news to those in the space. However, the cause of the crash remains a largely speculated issue. Out of the speculations that have been making the rounds, the most popular has been the scandalous accusation that named the likes of BlackRock, Citadel, and crypto exchange Gemini. The Charles […] дальше »
2022-5-13 20:00
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Tether (USDT) losses dollar peg after the recent stablecoin drama with Terra’s UST
Tether (USDT) has become the next stablecoin to suffer from the ongoing stablecoin fiasco that started with TerraUST de-pegging from the US Dollar. USDT traders were treated to a scare after the price of USDT lost its dollar parity and slid below $1 to trade as low as $0. дальше »
2022-5-13 18:25
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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 […] дальше »
2022-5-13 16:40
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Terra founder reportedly has link to failed stablecoin, Basis Cash
A former Terra Labs employee has reportedly revealed that Terra co-founder Do Kwon was one of the creators of Basis Cash. The post Terra founder reportedly has link to failed stablecoin, Basis Cash appeared first on CryptoSlate. дальше »
2022-5-12 08:30
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Do Kwon Outed as Co-Founder of Previous Failed Stablecoin Project
According to new reporting fromCoinDesk,Terraform Labs CEO Do Kwon was previously involved in stablecoin project Basis Cash under the pseudonym “Rick Sanchez.” If true, it would mean that UST is... дальше »
2022-5-11 20:07
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Stablecoin Dominance Grows As Crypto Assets Are Obliterated
As the market has plunged into chaos with the recent crash, stablecoins have once again become the unlikely winners of the day. Cryptocurrencies in the market have all been shedding their values at a rapid pace as investors sell off their holdings. дальше »
2022-5-11 20:00
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UK and US Governments Target Crypto As the Market Loses $200B in 24 Hours
The acceptance of cryptocurrencies came much easier and quicker than expected in many countries, while some others continue aiming at crypto. The United States and United Kingdom have pioneered the… The post UK and US Governments Target Crypto As the Market Loses $200B in 24 Hours appeared first on CoinCentral. дальше »
2022-5-11 19:45
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Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra
Cardano founder Charles Hoskinson said that ADA’s $723 million treasury is decentralized. The post Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra appeared first on CryptoSlate. дальше »
2022-5-11 19:30
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“Terra’s Return to Form Will be a Sight to Behold,” Says Do Kwon As He Unveils UST and LUNA Recovery Plan
Drama in the Terra ecosystem has taken a turn for the worse as the LUNA price continued its third consecutive day of falling. дальше »
2022-5-11 15:24
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Shiba Inu Vs. Dogecoin And LUNA: Which One Will Survive The Crypto Carnage?
Shiba Inu is proving that despite the previous weeks’ turmoil in the broader crypto market, it can stand its ground and be unfazed by what’s going on. Following a severe selloff in the previous session, major crypto tokens recovered on Wednesday. дальше »
2022-5-11 10:56
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LUNA Nosedives A Staggering 60% As Binance Disables Terra Withdrawals — What’s Next For UST?
TerraUSD (UST) is the market’s leading algorithmic stablecoin that works with LUNA to maintain a $1 price using Terra’s dual token mechanism. дальше »
2022-5-10 20:30
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Crypto Exchange Binance Temporarily Halts Withdrawal of $LUNA and $UST on the Terra Network
Leading cryptocurrency exchange, Binance has announced a temporary halting of $LUNA and $UST withdrawals. The two digital tokens run on the Terra network which has recently been hit by slowness and congestion issues. дальше »
2022-5-10 19:53
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Crypto Community Reacts To Justin Sun’s UST Buy
Justin Sun declared his intentions to buy UST, shortly after the launch of decentralized USD (USDD). From reports, he made a purchase of 1 million UST via the exchange platform, Curve. His actions have met mixed reactions from members of the crypto community. дальше »
2022-5-10 16:29
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Terra peg mechanism in doubt as UST crashes to $0.67
TerraUSD and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem. дальше »
2022-5-11 04:52
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Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg
Luna Foundation Guard (LFG) said on May 9 that it will lend out $1. 5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the United States dollar. The post Terra’s LFG to lend OTC traders $1. дальше »
2022-5-10 00:30
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Terra’s LFG Sells $750M of Bitcoin, UST Depegs by 7% (Luna Price Update)
Terra’s native stablecoin TerraUSD (UST), which has been the talk of the town for the last few weeks now, is at its worst at the moment. Stemming from UST liquidations… The post Terra’s LFG Sells $750M of Bitcoin, UST Depegs by 7% (Luna Price Update) appeared first on CoinCentral. дальше »
2022-5-10 23:25
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Terra’s LFG Buys Another $1.5B of Bitcoin for the $10B Stablecoin Reserve
With the goal of promoting and developing a decentralized economy through the non-profit organization, Terra created the Luna Foundation Guard (LFG), which has been a massive support for the network… The post Terra’s LFG Buys Another $1. дальше »
2022-5-7 19:36
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What Is Mirror Protocol? A Beginner’s Guide & What You Should Know
Mirror Protocol is a decentralized blockchain-based protocol that allows users to trade tokenized synthetic assets on the Terra blockchain; each synthetic asset on Mirror represents a real-world asset, such as… The post What Is Mirror Protocol? A Beginner’s Guide & What You Should Know appeared first on CoinCentral. дальше »
2022-5-5 19:37
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Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem
Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA): A Guide to Crypto’s Hottest New Ecosystem appeared first on CoinCentral. дальше »
2022-5-5 19:22
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Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work?
Terra is a blockchain-based ecosystem with a native algorithmic stablecoin (UST) designed for real-world adoption and native token (LUNA) used to stabilize UST’s dollar peg. TerraUSD (or UST) is the… The post Terra (UST and LUNA) Guide: Is Terra Legit and How Does It Work? appeared first on CoinCentral. дальше »
2022-5-10 19:22
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This Week in DeFi – April 22
To the DeFi community, This week Tron crashed the algorithmic stablecoin party, announcing that it will launch its very own […] The post This Week in DeFi – April 22 appeared first on DeFi Rate. дальше »
2022-4-23 20:06
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Conquering Terrain: Terra’s Stablecoin UST Is Now Crypto’s Third Biggest
Terra’s US dollar-pegged algorithmic cryptocurrency UST is moving up the ladder and now ranks third in terms of overall market capitalization. Today, the fast-growing Terra USD (UST) stablecoin from the Terra ecosystem passed another pivotal point, reaching a market valuation of more over $17 billion. дальше »
2022-4-19 10:50
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Terra’s UST is now the third most valuable stablecoin
Terra’s UST is now the third-largest stablecoin by market cap behind that of Tether’s USDT and Circle’s USDC despite the fact that its trading volume pales significantly against that of Binance USD (BUSD), according to data from CoinGecko. дальше »
2022-4-19 00:00
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Terra’s Stablecoin UST On Course To Overtake Meme King Dogecoin As LUNA Accelerates
Terra’s algorithmic stablecoin TerraUSD, otherwise known as UST, has become the third-biggest stablecoin by market capitalization after usurping Binance USD (BUSD). At the current market value, UST is close to overtaking the market’s largest meme-inspired cryptocurrency, Dogecoin (DOGE). дальше »
2022-4-18 22:36
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Inside Terra’s $2.38 Billion Reserves, What Made The Lineup?
Terra (LUNA) has been aggressive about filling up its reserves with trusted cryptocurrencies to serve as a backup for its stablecoin UST. This has evolved over time to include a number of various cryptocurrencies that now make up its reserves sitting at $2. дальше »
2022-4-18 20:00
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Terra Turns To AVAX Reserves To Stay Ahead Of Competitors
Terra has been making waves in the stablecoin and staking space for its features and returns. However, with the success of the network, there have been other blockchains that have sprung up with similar offerings to try to get a piece of the pie from Terra. дальше »
2022-4-9 02:00
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Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish
The market price of bitcoin stayed pretty much flat for most of the first week in April. The post Bitcoin dips below $43k – UST backing not enough as Fed turns hawkish appeared first on CryptoSlate. дальше »
2022-4-9 21:00
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This Week in DeFi – April 8
To the DeFi community, This week Terra founder Do Kwon has declared war against prominent Dai stablecoin (DAI), via the […] The post This Week in DeFi – April 8 appeared first on DeFi Rate. дальше »
2022-4-8 19:32
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Terra founder reveals what will happen to UST if Bitcoin price crashes
Do Kwon told Laura Shin on her Unchained podcast that he is betting on the long-term growth of BTC price and isn’t worried about short-term volatility. дальше »
2022-4-2 07:17
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Terra buys $125 million of Bitcoin for its reserve
Terra, in recent weeks, has emerged as one of the best-performing digital assets, with its price-performance outpacing the majority of its competitors. The post Terra buys $125 million of Bitcoin for its reserve appeared first on CryptoSlate. дальше »
2022-3-22 16:56
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Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise
There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN are gaining popularity even as Tether remains the most widely used. дальше »
2022-3-15 16:32
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LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST
Luna Foundation Guard (LFG) recently completed an over-the-counter sale of LUNA–raising $1 billion from venture capital groups led by Jump Crypto and Three Arrows Capital. The post LUNA rallies as Terra raises $1 billion to create a Bitcoin reserve for UST appeared first on CryptoSlate. дальше »
2022-2-23 15:30
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Terra community votes to fund a $40 million partnership with a major U.S. sports franchise
The Terra community has passed a proposal to establish an exclusive partnership with a major United States sports franchise. The post Terra community votes to fund a $40 million partnership with a major U. дальше »
2022-2-10 09:00
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