Vitalik Buterin, co-founder of Ethereum, has openly criticized the current status of the DeFi market. Buterin said, “There is no real investment in the world that can give 20% returns every year,” while assessing the
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After the lesson learnt in the past fortnight, Terra is all set to become the fully-community owned chain to empower the ecosystem. While centralized exchanges like Binance, ByBit, etc are reportedly working closely with Terra
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Dogecoin co-founder Billy Markus has ramped up his criticism of Terra (LUNA) In a recent tweetDogecoin co-founder Billy Markus says the upcoming launch of Terra 2.0, the new iteration of the failed blockchain project, will
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The Terra ecosystem is gearing for a relaunch after this month’s spectacular collapse that led to over $40 billion in losses. As this happens, the current LUNA token has collapsed to $0.00018, which is a
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Voting on Terra’s plan to build a new blockchain by the community will end today, with the support of a majority of LUNA holders. As per the data over 67% of holders have voted yes
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The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission disclosed on Tuesday that LUNA and UST holders grew dramatically following the crisis, looking for a price recovery. According to local media, the South
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Do Kwon, the now-famous Terra CEO and founder, published on Twitter on May 21 a dead wallet address where people may send their LUNA tokens to be burned. The uploaded wallet was filled with nearly
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Terra notes misconception about new blockchain As reported by Colin WuTerra said the blockchain “relaunch plan” does not propose a “fork” of the existing chain, but rather the creation of a new one. In the
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Following its recent collapse, the Terra ecosystem has been working on a recovery strategy and on Monday the Terra team gave an explanation to clarify the modified Terra Ecosystem Revival Plan 2. Terra released an
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Many anonymous sources have connected with Terra community member “FatMan” and exposed facts about Terraform Labs co-founder Do Kwon’s monthly payments to quantitative trading firm Jump Crypto, as well as their participation in the UST
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