During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ
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Terra blockchain got a restart from LUNA 2.0 airdrop. But LUNA 2.0 price has plummeted to new lows, with more than 20% drop in its price. At the moment, Terra (LUNA) is trading at $3.44
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LUNA 2.0 price and LUNA price tanked down hard by more than 13% each since the early trading hours. In an interesting descending price action, more than 5% of the global market cap has just
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After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of
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Terra Bridge V2 releases on the Mainnet that use Cosmos IBC and the Axelar Network. Users will be able to transfer tokens between Terra 2.0, Ethereum, Osmosis, Secret, Cosmos, and Juno through the bridge. Additionally,
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The LUNA 2.0 price appears to be stabilizing above the middle range, resulting in lack of volatility. This price movement follows an enormous surge over the upper end, indicating that investors are taking gains. The
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The aftermath of the LUNA 2.0 airdrop has kept both the tokens, LUNA & LUNC within consolidated regions. Additionally, both the tokens now appear to be deeply correlated as they are stuck up inside a
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The Terra 2.0 blockchain is less than a week old but community members and network validators are confident about its future. Pseudonymous Terra network validator “Orbital Command” has released a potential roadmap for Terra 2 for the
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DeFi exposure related to Terra’s stablecoin UST saw CoinShares, Europe’s largest digital asset firm with billions of assets under management, lose more than $21 million, the firm’s CEO Jean-Marie Mognetti revealed on Tuesday. The CoinShares
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Do Kwon predicts that Luna 2.0 will be bigger than the original project, which impoverished a huge number of investors The price of the new Luna token has crashed more than 70% since its launch,
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