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Crypto exchange Binance stops support for LUNA and UST on Binance Earn but reinstates their spot trading

tokenpost.com

Binance, the largest crypto exchange in the world by trading volume, has announced that it has stopped support for LUNA and UST on Binance Earn. The move came after massive liquidations sent the prices of both tokens crashing.

Read in Full: tokenpost.com
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VanEck and 21Shares Suspend Their Terra ETPs After Recent Collapse - Coingape

After the recent collapse of the Terra ecosystem this week, VanEck and 21Shares have decided to suspend the creation and redemption of shares in their respective Terra exchange-traded products (ETPs). The 21Shares Terra ETP (ticker LUNA SW) and the VanEck Terra ETN (VLNA GR) shall be thus halting the processes.


LUNA Investors ‘Suicidal' After Crypto's Collapse – Do Kwon Says He's ‘Heartbroken' - Bitcoinist

Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. The founder of the tokens is known for his active social media campaign; nevertheless, he has been uncharacteristically silent over the past few days


Insurance protocols are paying out millions to UST holders - CryptoSlate

InsurAce, a DeFi insurance platform that offered cover against a UST de-peg event, has confirmed that they will be paying out $12 million in USDT to users who hold a valid policy. The post Insurance protocols are paying out millions to UST holders appeared first on CryptoSlate.


Do Kwon says he is ‘heartbroken' in new statement, claims no UST or LUNA sold during crisis (edited) - The Block

Terraform Labs co-founder and CEO Do Kwon broke his social media silence early Friday evening with a trio of tweets about the collapse of Terra's LUNA token and associated stablecoin, UST. 1/ I've spent the last few days on the phone calling Terra community members – builders, community members, employees, friends and family, that have The post Do Kwon says he is ‘heartbroken' in new statement, claims no UST or LUNA sold during crisis (edited) appeared first on The Block.


Do Kwon says he is ‘heartbroken' in new statement, claims no UST or LUNA sold during crisis - The Block

Terraform Labs co-founder and CEO Do Kwon broke his social media silence early Friday evening with a trio of tweets about the collapse of Terra's LUNA token and associated stablecoin, UST. The post Do Kwon says he is ‘heartbroken' in new statement, claims no UST or LUNA sold during crisis appeared first on The Block.


Crypto Exchange Coinbase Announces TerraUSD (UST) and Wrapped Terra (WLUNA) Trading Suspensions After LUNA Crash - The Daily Hodl

Crypto exchange giant Coinbase is announcing plans to suspend trading of TerraUSD (UST) and Wrapped Luna (WLUNA) on all levels of the platform. Coinbase Assets recently made the announcement on Twitter that, in light of extreme volatility within the Terra (LUNA) ecosystem, UST and WLUNA trading will be suspended in two weeks. In light of recent volatility The post Crypto Exchange Coinbase Announces TerraUSD (UST) and Wrapped Terra (WLUNA) Trading Suspensions After LUNA Crash appeared first on The Daily Hodl.


Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers - CryptoSlate

Luna Foundation Guard CEO, Do Kwon, has written a proposal that suggests forking LUNA to a new chain using a snapshot from before the attack. The post Luna CEO Do Kwon proposes forking LUNA, UST to reimburse hodlers appeared first on CryptoSlate.


LUNA Update: Terra Founder Proposes Resetting Terra's Ownership To 1 Billion Tokens - Coingape

Few hours after the Terra Blockchain came back up, Terra's Founder, Dokwon proposed a revival plan to resolve Terra's ownership. Terra's founder stated that protecting Terra's ecosystem was the first step to resettling its ownership.


Terra network halt leaves LUNA-based ETPs unable to trade - The Block

VanEck, Valour and 21Shares have been forced to halt their LUNA-based exchange-traded products (ETPs) as the Terra Network remains halted.  The post Terra network halt leaves LUNA-based ETPs unable to trade appeared first on The Block.


Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears - Bitcoin

According to statistics on Friday, May 13, the top stablecoins by market capitalization are currently worth $163.7 billion after the stablecoin economy was valued at close to $200 billion just last week. Of course, the climactic terrausd (UST) failure wiped out billions from the stablecoin economy, and Binance's stablecoin BUSD has recently entered the top

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