Tag: 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...

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) 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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...