After last week’s drastic crypto downfall, on Sunday, May 15th, Ethereum founder, Vitalik Buterin stated that if Terra plans to repay its holders, it should be dedicated to the holders who are at the most
Read More
LUNA token has lost 100% of its value in the last seven days As the effect of the loss of the Terra USD (UST) peg to the dollar continues to be felt, the circulating quantity
Read More
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
Read More
As the cryptocurrency industry continues to be shaken by the Terra blockchain’s failure and the price crash of its native token, LUNA, and its algorithmic Stablecoin, UST, suspicions have arisen concerning the whereabouts of around
Read More
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
Read More
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
Read More
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
Read More
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
Read More
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has
Read More
On-chain vote was initiated with extreme urgency A new proposal with additional points added to those of Do Kwon first rescue plan for UST was introduced on May 12. Do Kwon is the CEO of
Read More
