Tag: terra 2.0

Jun 09 2022

Breaking: Terra Employee Stole 80 Bitcoin, S.Korean Police Confirm

Jun 09 2022 Published at Coingape under tags  bitcoin news terra 2.0

A Terraform Labs employee arrested by the Seoul Metropolitan Police Agency on Tuesday stole 80 bitcoin worth nearly $2.39 million. Terraform Labs traded large amounts...

Jun 08 2022

Terra’s Largest Defi Platform Plans To Wind Down After UST Crash

Jun 08 2022 Published at Coingape under tags  anchor protocol defi news news terra 2.0

Terra’s largest DeFi platform, Anchor Protocol, has recently proposed freezing Anchor Earn and borrowing functions to protect it from attacks. Its community has finally voted in to...

Terra 2.0 (LUNA) Plummets 70% To A Record Low, Here’s Why

Jun 08 2022 Published at Coingape under tags  altcoin news luna price news terra 2.0

Terra 2.0 (LUNA) price tumbled to an all-time low of $3.34 on Wednesday, down nearly 70% in a week. The market pressure, ongoing investigations on Terraform Labs and Do Kwon, and...

Jun 07 2022

Is This The End Of Terra? LUNA Dumped 20% In Latest Crash

Jun 07 2022 Published at Coingape under tags  altcoin news news terra 2.0 terra luna crash

Terra's newly relaunched LUNA token is in dire straits just two weeks after a widely-anticipated airdrop. The token was dumped 20% in the past 24 hours, and is now trading...

Jun 06 2022

Indian Terra Holders Worst Hit By Crash As Airdrop Faces 30% Tax

Jun 06 2022 Published at Coingape under tags  altcoin news crypto tax news terra 2.0

Terra’s algorithmic stablecoin, USTC collapse has left a massive dent in the global cryptocurrency market. Its investors lost billions of dollars in the recent crash. However, in order to cut the loss of the holders, Do Kwon...

Here’s How Terra Plans To Distribute Emergency LUNA Funds

Jun 06 2022 Published at Coingape under tags  luna 2.0 news terra 2.0

The Terra community on Monday released a new proposal on how the relaunched blockchain should deploy LUNA tokens to its vast developer pool. The proposal, called the...

Jun 04 2022

Yet Another Probe Into Crypto Firms In S. Korea Over Terra Collapse

Jun 04 2022 Published at Coingape under tags  do kwon south korea stablecoin news terra 2.0

The aftermath of the Terra network crash saw a big shift in regulatory action in the crypto industry. With several countries in the process of tightening the noose against crypto wrongdoings, the action...

Jun 03 2022

Breaking: Terra Insider Blames Do Kwon Of Rising Through ‘Nepotism’

Jun 03 2022 Published at Coingape under tags  do kwon stablecoin news terra 2.0

Although Terra chief executive officer Do Kwon launched the new Luna 2.0, the project seems to have lost its trust. Even the launch of...

Jun 02 2022

Do Kwon Imprisonment? Here’s Reality Behind Lawsuit On Terra Crash

Jun 02 2022 Published at Coingape under tags  do kwon stablecoin news terra 2.0

Even as the South Korean government escalate investigations over Do Kwon and the Terra crash, looking deeper into legal aspects reveal interesting facts. Do Kwon and the Terraform Labs are facing lawsuits and tax evasion...

May 31 2022

Terra Luna 2.0 Rallies Over 100% In 24 Hours, Here’s Why

May 31 2022 Published at Coingape under tags  altcoin news luna crash news terra 2.0

Terra's LUNA 2.0 token rallied sharply in the past 24 hours after the blockchain said it will rectify certain shortfalls in its recent airdrop. LUNA surged as much as 100% to reach an intraday...

May 30 2022

Terra Luna Classic Price Jumps 90% On This Announcement

May 30 2022 Published at Coingape under tags  altcoin news news terra 2.0 terra (luna)

Luna Classic (LUNC) prices rose sharply on Monday after Binance said it will launch new perpetual contracts for the token. The move indicates support for LUNC even after Terra 2.0's launch, which saw the airdrop of the new LUNA...

S.Korea Ramps Up Terra Crash Investigation, Will LUNA 2.0 Be Affected?

May 30 2022 Published at Coingape under tags  altcoin news news terra 2.0 terra (luna)

South Korea is ramping up its investigation into the Terra crash, with prosecutors recently summoning employees of Terraform Labs, according to reports from local media. The Terra blockchain has returned with the launch...

May 29 2022

How to Claim LUNA on Terra 2 Guide

The news of Terra Foundation's collapse shook the entire cryptocurrency market. Even mainstream media outlets decided to cover the story as part of the crypto market tumble. Despite many skeptics, Terra managed to give birth to a new blockchain. They also announced their highly anticipated airdrop of the new LUNA token. How to claim LUNA on Terra 2.0? Here's a quick guide that...

May 28 2022

New Terra (LUNA) Opens as High as $30 on Bybit, then Crashes by 80% Leading Binance to Take a More Cautious Route

Summary: Trading of the new Terra (LUNA) coin is live on some crypto exchanges. The new Terra (LUNA) opened as high as $30 on Bybit before crashing by 80% to its current level, around $6. Terra's (LUNA) volatility has prompted Binance to place the digital asset in the innovation and list it on May 31st. Earlier today, the new Terra blockchain went live...

Terra LUNA 2.0 Price Falls By Over 60% Hours After Airdrop

May 28 2022 Published at Coingape under tags  altcoin news news terra 2.0 terra (luna)

The Month of May which began with the collapse of Terra's LUNA 2.0 and TerraUSD (UST) is finally coming to an end with Terra’s Airdrop. However, the new rebranded Terra prices saw a massive drop after just a few hours of its...

What Is Terra LUNA 2.0, Here’s All You Need To Know

May 28 2022 Published at Coingape under tags  luna stablecoin news terra 2.0

The Terra team made the much awaited announcement for Terra Luna 2.0 launch on Saturday. The team activated the Terra 2.0 Pheonix-1 mainnet by generating the first block on the...

Terra Team Officially Activates Terra 2.0 Pheonix-1 mainnet, Here Are the Details

The official announcement for Terra 2.0 launch is finally here as the team activates Terra 2.0 Pheonix-1 mainnet by generating the first block on the blockchain network. The...

May 26 2022

LUNA 2.0: A Great Comeback Story Or A Gambler’s Dream?

May 26 2022 Published at Bitcoinist.com under tags  luna luna 2.0 luna classic lunc terra

The LUNA crash has left countless investors holding bags of dust after its price dumped below zero. Since then, there have been various suggestions on how to salvage the situation such as splitting the network or making a new one entirely. The majority has landed on making a new blockchain that would give birth to LUNA 2.0, otherwise known as Terra Classic. But...

Terra Proposal 1747 to Burn 1.38 Billion UST, Quietly Passes as Terra 2.0 Steals the Limelight

Summary: Terra proposal 1623 to birth a new chain was not the only proposal undergoing a community vote. The Terra community was also voting on Proposal 1747, suggesting the burn of 1.38 billion UST from the community pool. Terra Proposal 1747 will reduce the outstanding bad debt of the Terra economy and help restore the UST Peg. As the crypto community focuses its...

May 25 2022

Terra project is reviving $LUNA! Will LUNA Price increase again?

May 25 2022 Published at CryptoTicker under tags  altcoin crypto defi luna luna 2022

LUNA prices had one of the best performances in the year 2021. However, LUNA crashed drastically due to a fundamental flaw in how it sustained the UST stablecoin. The latter was dependent on the entire cryptocurrency market, which recently crashed heavily. Today, the Terra community received major news which aims at reviving the Terra project. Will Terra fork into Terra 2.0? What will...

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