He explained that the price of the LUNA token was supported only by the demand of new investors
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Business
May 19, 2022
Billionaire Bill Ackman compared Terra’s collapse to the collapse of a pyramid schemeHe explained that the price of the LUNA token was supported only by the demand of new investors
Business
May 18, 2022
Terraform Labs’ in-house lawyers began to leaveSome Twitter users are calling for legal action against the company’s head
Business
May 17, 2022
Terra community did not support Do Kwon’s proposal to conduct a hard fork90% of users oppose the separation of the blockchain into two separate networks
Market
May 17, 2022
Glassnode: crypto investors started to get rid of USDT and DAI after UST’s collapseThe market has recorded a significant drop in the circulating supply of stablecoins
Market
May 17, 2022
Terra’s head proposed to conduct a hard fork of the network to save the blockchain ecosystemThe community vote will be held on May 18
Business
May 16, 2022
Binance lost $1,6 billion in unrealized profits to the collapse of LUNAAccording to the head of the exchange Changpeng Zhao, investments have dropped in price to $3400
Business
May 16, 2022
Ethereum co-founder and Binance chief urged Terra to focus on compensating small investorsVitalik Buterin and Changpeng Zhao believe that the project should give priority to retail investors as part of an indemnity plan
Market
May 16, 2022
Luna Foundation Guard sold $2,3 billion worth of bitcoins to support USTThere are 313 BTC, 39 914 BNB, 1,9 million AVAX, 1,8 billion UST, and 222,7 million LUNA (of which 221 million are currently staked) left in the organization’s reserve
Market
May 16, 2022
TRON will not abandon the USDD stablecoinThe project’s founder Justin Sun reported that he aimed at the healthy growth of the asset
Market
May 16, 2022
Binance’s head said about the lack of value of the Terra hard forkAccording to Changpeng Zhao, rolling back the blockchain will not work to save LUNA and UST
Market
May 14, 2022
British blogger lost $2,8 million on the fall of the LUNA rateKSI said that he has no plans to sell the cryptocurrency and will wait for the price to recover
Market
May 14, 2022
Terraform Labs CEO proposed plan to revive the Terra ecosystemDo Kwon’s idea involves paying compensations to UST and LUNA holders who were unable or unwilling to sell their assets during the collapse of prices