Cryptocoins Exchanges / Binance - 2 years ago
Terra CEO Do Kwon said that the shutdown is temporary and that he will find a way to revive LUNA. After only a few hours, he had his proposal. Do Kwon officially spoke – Terra Ecosystem Restoration Plan LUNA and UST have experienced th...
Bitcoin News / Bitcoin.com - 2 years ago
According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failur...
Cryptocoins News / The Cointelegraph - 2 years ago
Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic depegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged Terra (LUNA) tokens to practically zero. In a Fri...
Cryptocoins Exchanges / Binance - 2 years ago
submitted by /u/CyberPunkMetalHead [link] [comments]
Cryptocoins News / The Cointelegraph - 2 years ago
The past week has been a dark period in the history of crypto, with the total market capitalization of this industry dipping as low as $1.2 trillion for the first time since July 2021. The turmoil, in large part, has been due to the real-time disinte...
Bitcoin News / Bitcoin.com - 2 years ago
Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. Aft...
Cryptocoins News / The Cointelegraph - 2 years ago
GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of the Terra ecosystem, including LUNA and the TerraUSD (UST) stablecoin. An announcement p...
Cryptocoins Exchanges / Binance - 2 years ago
submitted by /u/Odunayo20 [link] [comments]
by COINS NEWS - 2 years ago
submitted by /u/BitcoinSatosh [link] [comments]
Cryptocoins Exchanges / Binance - 2 years ago
submitted by /u/jakkkmotivator [link] [comments]
Bitcoin News / Bitcoinist - 2 years ago
Terra’s total value locked suffered a major fall, losing as much as $14 billion because of a reduced DeFi investor interest and a bearish market. The blockchain protocol has remarkably lost around 78% in TVL since the first quarter of 2022. It...
Cryptocoins News / The Cointelegraph - 2 years ago
Global cryptocurrency exchange Binance has suspended trading pairs with Terra (LUNA) ecosystem's cryptocurrencies, LUNA and TerraUSD (UST), on its platform following the major crash of the algorithmic stablecoin.Binance confirmed the move on May 13,...
by COINS NEWS - 2 years ago
source: https://twitter.com/stablechen/status/1525023238895837184?cxt=HHwWgIDRycmj_KkqAAAA So just rewriting history is now a serious option. I am sure this is legal and the exchanges will surely have nothing against this :D Honestly why can't th...
Cryptocoins News / The Cointelegraph - 2 years ago
Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure.Data released on May 13 confirms that overnight, the embattled cryptocurrency’s supply expanded to an e...
Cryptocoins Exchanges / Binance - 2 years ago
submitted by /u/HabileJ_6 [link] [comments]
Bitcoin News / Bitcoinist - 2 years ago
Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship than LUNA, the governance token underlying the Terra ecosystem. Due to its precipitous and rapid decline, Binance is currentl...
Cryptocoins Exchanges / Binance - 2 years ago
Since May 8 until now, the market has had a very deep crash, leading to stable coins like USDT, BUSD and USDC also losing their original $1 peg. The original cause of the incident was that the stablecoin UST was de-peg 1 USD. This leads to Terr...
by COINS NEWS - 2 years ago
submitted by /u/NotPresidentChump [link] [comments]
Cryptocoins Exchanges / Binance - 2 years ago
submitted by /u/thuynguyen174 [link] [comments]
Cryptocoins News / Blockchain - 2 years ago
Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting at around 1:45 p.m. local time. The company said the suspension...
Cryptocoins News / Blockchain - 2 years ago
LUNA has left crypto enthusiasts' mouths agape because they could never imagine in their wildest dreams that one of the top ten could collapse to near-zero overnight. LUNA and TerraUSD (UST) are the native tokens of the Terra blockchain network de...
by COINS NEWS - 2 years ago
https://terra.smartstake.io/ust There are now over 1 Trillion Luna tokens minted (a little less in circulation), this is a rise from 1,576,957,952 (1.5 billion) tokens yesterday. https://preview.redd.it/qsacgiunb5z81.png?width=917&...
Cryptocoins News / CoinJournal - 2 years ago
Following the Terra’s TerraUSD (UST) stablecoin misfortunes after it de-pegged from the US Dollar, the price of LUNA, which is Terra’s native token, has crashed from above $80 to about $0.023. The fiasco surrounding the UST has sent shock waves acr...
Cryptocoins Exchanges / Binance - 2 years ago
submitted by /u/DU09 [link] [comments]
Bitcoin News / Bitcoin.com - 2 years ago
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations....
