Terraform Labs CEO announced Terra 2.0 blockchain launch

May 28, 2022

Terraform Labs CEO announced Terra 2.0 blockchain launch

According to Do Kwon, the network’s members have already received LUNA tokens

Terra 2.0 launch delayed until May 28

May 27, 2022

Terra 2.0 launch delayed until May 28

The drop of new LUNA tokens is scheduled for 9:00 Moscow time

Terra to burn 1,3 billion UST stablecoins

May 27, 2022

Terra to burn 1,3 billion UST stablecoins

More than 99% of the community members voted to burn stablecoins

Scammers started sending fake LUNA 2.0 tokens

May 27, 2022

Scammers started sending fake LUNA 2.0 tokens

To be convincing, the attackers sent fake tokens to the addresses of famous people, such as Ethereum co-founder Vitalik Buterin and TRON CEO Justin Sun

Lido Finance refused to support the new Terra 2.0 blockchain

May 25, 2022

Lido Finance refused to support the new Terra 2.0 blockchain

A total of 54 million Lido management tokens (LDO) voted against it, and only 3,1 million voted in favor

Macroeconomist calls business models of most altcoins unsustainable

May 25, 2022

Macroeconomist calls business models of most altcoins unsustainable

Lyn Alden also noted that the UST stablecoin attracted investors with its high yield, but could not be used as a means of payment

Terra 2.0 network will launch on May 27. Who will get the new LUNA tokens

May 25, 2022

Terra 2.0 network will launch on May 27. Who will get the new LUNA tokens

Developers will distribute assets to holders of old tokens within two years

South Korean police arrest streamer for visiting home of Terra founder

May 25, 2022

South Korean police arrest streamer for visiting home of Terra founder

Blogger Chancers, who lost $2.4 million because of the LUNA crash, tried to find out about Do Kwon's plans to restore the ecosystem

South Korean regulator to audit Terra

May 25, 2022

South Korean regulator to audit Terra

Also, after the rate collapse of UST and LUNA, the Financial Supervisory Service intends to classify cryptocurrencies by types of risks

IMF called unbacked stablecoins a pyramid scheme

May 24, 2022

IMF called unbacked stablecoins a pyramid scheme

The organization’s head Kristalina Georgieva made such a statement in the wake of the collapse of the Terra blockchain ecosystem

Terra representatives proposed creating new network instead of holding a hard fork

May 24, 2022

Terra representatives proposed creating new network instead of holding a hard fork

If the decision to create Terra 2.0 is approved, assets and applications will need to be migrated to the new blockchain

South Korean police suspected Terra of embezzling investors’ funds

May 24, 2022

South Korean police suspected Terra of embezzling investors’ funds

The law enforcers have asked the exchanges to freeze the corporate assets of the Luna Foundation Guard, an organization created to support the TerraUSD stablecoin