News about TERRA

News about Terra

Binance Futures Delists Terra's LUNA

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Breaking: Terra blockchain officially halted following LUNA price collapse

Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token. Terraform Labs' official Twitter handle co...

Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per...

Untethered: Here’s everything you need to know about TerraUSD, Tether and other stablecoins

Update on 13 May at 09:49 UTC - Paolo Ardoino, CTO of Tether and Bitfinex tweeted that Tether has cut some holdings of commercial paper. In the accompanying news article, Ardoino explained that the majority of Tether's reserves are now in U.S. Treasu...

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 US...

Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse

The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan...

Terra Do Kwon Stated 8 Days Ago: “95% [Coins] Are Going To Die, But There’s Also Entertainment In Watching Companies

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Terra to burn $1.4B UST and stake 240M LUNA to ‘stop the bleeding’

The Terra rescue story continues to unravel. In a tweet thread, the Terra Money Twitter account went into greater detail regarding the CEO of Terraform Labs, Do Kwon’s, rescue plan for UST. The thread sheds light on Proposal 1164, Do Kwon’s initial s...

Bitcoin Hits a 16-Month Low of $26K as Effects of the Terra Crash Spill Over

(BTC) to lows of $26,595, a scenario not seen since Dec 30, 2020, when the leading cryptocurrency dropped below the $27,000 zone. Even though Bitcoin had regained momentum to hit $27,769 during intraday trading, the top crypto continues to limp b...

Elon Musk Buys Terra LUNA

https://preview.redd.it/8ykzh5ovm0z81.jpg?width=973&format=pjpg&auto=webp&s=6db9bdb1f98e89455bf0109e9e8127493fd385c1 Check out the latest article on DOGEKINGDAO submitted by /u/Leather_Care_997 [link] ...

How true is this. Is terra luna done?

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Binance Decides To Halt Terra (LUNA) Futures Trading

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TerraLuna sub and compassion…

I just took a trip over to r/terraluna and I have to say, most of us are hurting right now but those people literally lost everything. There is post after posts of users actively contemplating suicide after losing everything. I know it’s easy to dunk...

R/terraluna now shut down

No joke. No recent posts. The Reddit page r/terraluna has shut down as most posts were about suicide. In all my years of investing I’ve never seen such a rapid reversal of fortune as witnessed in 24hrs of the LUNA/UST debacle. (Ok - well maybe Black...

Terra Erases 12 Months Bullish Gains with 94% Drop in Value

The Terra community is almost in disarray as the ecosystem’s two flagship tokens, including LUNA and UST are on a freefall amid the most bearish sentiment the blockchain protocol has ever seen. While the algorithmic UST stablecoin has completely l...

Terra contagion leads to 80%+ decline in DeFi protocols associated with UST

The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin spread wide across the cryptocurrency market on May 11 as projects with any kind of association with the decentralized finance (DeFi) ecosystem have seen their pric...

Convert UST from Terra to BSC

Hi, so in the wake of the... crash... I've decided I'll be holding no matter what. I figured a nice way to make some quick profit (if the coin does recover) would be to put it in some liquid swaps and get some fees from people panic selling....

Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard

Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto "Fear and Greed Index," which uses volatility, volume, social m...

Why did Terra LUNA and UST crash? | Find out on The Market Report

Cryptocurrency investors never thought they’d have to ask whether TerraUSD (UST) or LUNA would reach $1 first. On Wednesday, that question became the talk of the cryptosphere as the Terra ecosystem imploded. As the algorithmic stablecoin UST lost its...

Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions

Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra&#...

Will BinanceUSD be Subject to U.S. Regulations? The Terra Luna & TerraUSD Crash — What It Means For Cryptos. Find Out What Yellen Said About Stablecoins and UST, As Well As Gensler's Comments on Stablecoins.

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Avalanche drops 30% on fears Terra's LFG will dump AVAX next

Avalanche (AVAX) is paying the price for being one of the collateral assets that maintain Terra's native stablecoin TerraUSD's (UST) peg with the U.S. dollar.Major AVAX dump ahead?AVAX's price dropped about 30% to reach $32.50 on May 11, its lowest...

Terra founder Do Kwon shares plan to save the UST stablecoin peg

Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra's LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be a rescue plan for the Terra community.LUNA is down 90% f...

Terra CEO Do Kwon announces UST ‘rescue plan”, LUNA down 92%

LUNA has dropped more than 90% in the past 24 hours, while UST remains more than 54% off its dollar peg at $0.43. Terraform Labs CEO Do Kwon has outlined how the cryptocurrency platform plans to handle the de-pegging from the US dollar that has ove...

UST Falls to $0.35, Terra Futures See $106M in Liquidations

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