From the last few weeks, and just three days ago, Terra Luna’s supply was just 340,000 according to Terra analytics. And the UST lost its peg from the dollar on Monday, and that is when
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Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $170 million in its Series F funding round, which was led by
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Terra co-founder Do Kwon has unveiled a revival plan for the Terra community, which will involve abandoning the UST stablecoin entirely. Instead, he suggests that validators reset network ownership under a new token by forking
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Total of 1,642,831 MATIC (1.6 million) have been burned so far According to stadium polygon, more than 750,000 MATICs have burned in the last three months. As seen on the Polygonburn website, a total of
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It was the busiest week for many months, but, unfortunately, the end result was that $500 billion was wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at the forefront of all of this,
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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
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This is not the first occurrence of the USDN's price slipping significantly from the dollar peg Neutrino USD (USDN), an algorithmic stablecoin that is part of the Waves blockchain ecosystem, fell below its peg to
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Binance CEO explains what should have been done to save the entire market The CEO of one of the largest cryptocurrency exchanges in the world offered his view on the UST situation and explained the suspension of
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XRP price steadily declined until support was met at around $0.33 According to CoinMarketCap, the price of XRP has risen almost 20% in the past 24 hours to a current price of $0.44. The price
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Bitcoin critic Peter Schiff explains why LUNA confuses the concept of buying the dip for crypto overall Euro Pacific Capital CEO and gold investor Peter Schiff took to Twitter to comment on LUNA’s recent crash
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