Cryptocoins News / The Cointelegraph - 2 years ago
Reporting from the inaugural day of the Blockchain Hub Davos 2022 conference, Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr, hosted a panel discussion centered around decentralized finance (DeFi) titled “Programmable Money is Here — and I...
Bitcoin News / Bitcoin.com - 2 years ago
After the LUNA and UST meltdown, many crypto investors have been curious about the project’s rise in popularity and people wonder about the background of Terra’s co-founder Do Kwon. Moreover, it is not commonly known that Terraform Labs...
Cryptocoins Exchanges / Binance - 2 years ago
Binance marketed terraUSD as a "safe" investment just weeks before the stablecoin and its counterpart luna crashed in a $40 billion crash that shook the crypto industry. According to a message Binance sent on its official channel on the Te...
by COINS NEWS - 2 years ago
This absolute chad has suggested that a bunch of whistleblowers related to LUNA, Jump, and even FTX, have come forward to spill beans on what happened during the spiral and what underhanded dealings that they may have between each other. He's eve...
Cryptocoins News / The Cointelegraph - 2 years ago
For many layer 1 crypto projects, returning to normalcy from Terra’s death spiral meant a complete migration to a different ecosystem. But, how does one make the right move, especially after knowing the unfortunate fate of their initial platform of c...
Cryptocoins Exchanges / Binance - 2 years ago
In a rare appearance on Twitter since the incident, CEO Terraform Labs gave his statement about the tax evasion allegations. Do Kwon speaks out about the accusation that Terraform Labs evaded taxes in Korea. Previously, the Financial S...
Bitcoin News / Bitcoinist - 2 years ago
DAI tops it off as the strongest stablecoin to date despite Terra’s plunge. USDT and UST may have plummeted – but not DAI.
It’s been a brutal two weeks in the crypto space especially with the devastating collapse of Terra’s stablecoin UST, which is c...
Cryptocoins News / The Cointelegraph - 2 years ago
The collapse of Terra’s ecosystem — namely, native coin LUNA and algorithmic stablecoin TerraUSD (UST) — rocked the wider blockchain and cryptocurrency ecosystem. Not only did Terra-ecosystem tokens (such as Anchor’s ANC) collapse in value, but the w...
Bitcoin News / Bitcoin.com - 2 years ago
This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake of Terra’s epic implosion, the topic is all the more critic...
Bitcoin News / Bitcoin.com - 2 years ago
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s dece...
Cryptocoins Exchanges / Binance - 2 years ago
Reports revealed that Hashed and Delphi suffered severe losses as they lost an estimated $3.5 billion and $10 million respectively in the wake of Terra’s collapse. The historic collapse of the Terra ecosystem has caused a number of investors an...
Cryptocoins News / The Cointelegraph - 2 years ago
The past week in the decentralized finance (DeFi) ecosystem was dominated by Terra's collapse and its aftermath on various ecosystems it was connected. Now BNB chain has come to the rescue of several stranded projects on Terra by offering financial a...
Cryptocoins News / The Cointelegraph - 2 years ago
After a grueling two weeks for the Terra community, the team behind the project announced revisions to their proposed revival plan for Terra (LUNA) and TerraUSD (UST). In a Tweet, Terra shared three major revisions to the proposed Terra revival and r...
Cryptocoins Exchanges / Binance - 2 years ago
The effects of the collapse of Terra LUNA) and Stablecoin TerraUSD (UST) have spread throughout the cryptocurrency market. In this article, we will go back to the past, to see how Terra has experienced successful milestones, before dying. ...
Cryptocoins News / The Cointelegraph - 2 years ago
The rise and fall of the Terra blockchain and family of related tokens is both one of the most convoluted and one of the most important stories happening in crypto right now. Assembled here is a plaintext explanation of what Terraform Labs built, why...
Cryptocoins News / The Cointelegraph - 2 years ago
Cosmos (ATOM) emerges as the biggest gainer among the top cryptocurrencies this May 20, brushing aside the fears about its association with Terra (LUNA), an algorithmic stablecoin project whose market valuation fell by 99% last week.Cosmos TVL down f...
Cryptocoins News / The Cointelegraph - 2 years ago
The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal documents reveal the liquidation of two South Korean offices and the dissolution of the Terraform Lab...
Cryptocoins News / Blockchain - 2 years ago
Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges against him following the Terra crash, to The Korea Times.
This comes a day after LUNA and UST investors a legal complaint against D...