News about TERRA

News about Terra

Binance CEO Says Buy Back Or Burn Terra (LUNA) To Create Value, Confirms Exchange Doesn’t Hold UST

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Will Terra recover? Expert analysis, price prediction, and where to buy Terra

The price of Terra’s token LUNA was as $100 per 1 LUNA in April, but it crashed to near zero last week. TerraUSD (UST), Terra’s algorithmic stablecoin, lost its peg to the US dollar. This occurred against the backdrop of a significant crypto marke...

Vitalik: Terra should protect the smallholders, not the whales

Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra (LUNA) project should prioritize small hodlers as part of any proposed reimbursement plan. As widely reported, the Terra eco-system suffered a death spiral around May 9 which resul...

Buterin: Terra should protect the smallholders, not the whales

Ethereum co-founder Vitalik Buterin thinks that the beleaguered Terra project should prioritize small hodlers as part of any proposed reimbursement plan. As widely reported, the Terra eco-system suffered a death spiral around May 9 that resulted in L...

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K.,...

Major validator calls for ‘completely new chain’ to replace Terra

As the dust settles from the Terra ecosystem crash and the community decides what the next steps should be, the CEO of a validator runner in South Korea thinks the old Terra chain should be shut down permanently.Jiyun Kim, CEO of blockchain solutions...

Terra (LUNA) trading volume increases 200% as market corrects.

While the entire market is in a steep correction, LUNA’s frenzied volatility remains an attractive market for many short-term investors. It took only 7 days for the price of LUNA to spiral downward as it dropped from $85 on May 5 to almost $0 o...

Just Informing: Someone Noticed That Luna contract address is burning coins (Link in the comments) Credit: CryptoKMS @ agora.terra.money forums

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What Really Happened To Terra Labs $3.5B Bitcoin Reserves?

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Do Kwon Apologizes for Hurting Terra's Users and Investors

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Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini

After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend UST’s $1 parity. On Friday, the bloc...

If The SEC retaliates for UST Terra/Luna

We have the leverage because if they try to put kyc on native wallets or felonize, extradite, or intimidate developers for coding, or blackball smart contracts, give "defi licenses" to CME chicago good ole boys, we will dedollarize & pu...

Changpeng Zhao Clarifies Binance's Investment in Collapsed Terra

Terra’s ship sailed gallantly but has now collapsed following a series of that made the blockchain network’s native token LUNA plunge to what many see as an irredeemable level. With so many experts wondering what is going on, Binance’s Chief Exec...

Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review

With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hoping for a rare triple top to appear fo...

Binance CEO CZ to support Terra community but expects more transparency

Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving Terra (LUNA) and TerraUSD (UST) ecosystems. Following up on the same, CZ revealed his pe...

US and UK Regulators to Take Action on Stablecoins after Terra’s Collapse

Regulatory agencies in the US and UK have raised their worries concerning stablecoins after the collapse of the controversial stablecoin Terra (UST). In recent days, stablecoins have led the crypto market to see a significant decline in their price...

CZ commented on Do Kwon’s plan to “revive” Terra (LUNA)

Binance CEO Changpeng Zhao (CZ) has revealed that he doesn’t believe Do Kwon’s plan to save LUNA will succeed after the Terra co-founder announced his proposal to convert LUNA to a new version for revival ecosystem on May 13. “This is not goin...

Terra (LUNA) trading volume surge 200% as market adjusts to death spiral

It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on Thursday. As the market slowly gained clarity on what transpired, the trading volume of LUNA saw a steep recovery of over...

Do Kwon Disolved Terraform Labs on April 30th!

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Crypto-friendly SEC Commissioner Hints At Stablecoin Regulation After Terra Collapse

The U.S. Securities and Exchange Commission (SEC), commissioner Hester Peirce, popularly known as “crypto mom,” signaled that SEC could develop stricter rules around crypto stablecoins soon due to the Terra’s UST crash incident. Ac...

Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph...

Terra's Do Kwon 'Heartbroken' Over UST Collapse, Doge's Billy Markus Tells Him To Leave The Industry - Benzinga

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Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout

Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested pro...

WCGW, if I buy $10 worth of TerraL right now?

So now I am thinking about throwing $10 at LUNA, and buy 50k tokens, ofcourse it is going to be a gamble. I think people should take this risk, and throw $10 at LuNA and treat it as a lottery ticket, if the prices recovers then it would be good., if...

As Terra's stablecoin collapses and luna hits zero, the crypto project simply switches off its network

submitted by /u/Dramatic_Patience_41 [link] [comments]

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