CZ Reveals Why He Shutdown LUNA And UST Trading On Binance

Changpeng Zhao, popularly referred to as CZ, is the founder and Chief Executive Officer of Binance. Speaking from his official Twitter handle, he revealed what prompted the decision to take LUNA and UST off Binance.

Timeline of Terra-luna, Terrausd

The cryptocurrency market recently witnessed one of its most significant downturns when primary tokens lost around 20 percent of their value in one day. Added to this decline is TerraUSD, labeled as a stablecoin linked to the US dollar.

Galaxy Digital, an early backer of Terraform Labs and Luna, said in a release that market conditions warrant an update on its liquidity position. The post Terra-backer Galaxy Digital gives update on liquidity position appeared first on The Block.

Block data showed that the Terra network was reactivated on Friday, after being paused twice in 12 hours. The reactivation comes nearly 12 hours after the network was suspended by its developers, who said they planned to “reconstitute” the blockchain.

Binance warned it will delist LUNA if the coin crashes below 0.0005 USDT which means the user will no longer be able to trade LUNA for USDT on the exchange so let's read more today in our latest cryptocurrency news. Binance warned it will delist LUNA and the tether trading pairs if the price of

Binance, one of the world's largest cryptocurrency exchanges, today confirmed that the company has suspended the trading for LUNA and UST amid issues on the Terra blockchain. The recent news from the crypto trading platform came after LUNA plunged by more than 99% within a few days.

Terra's UST losing its peg has created huge turbulence within the crypto space which destabilized many of the assets. However, a minor recovery with the LUNA or UST price was mistaken as a trend reversal. And many investors again jumped into the burning well. And hence both of the assets were suspended from trading on …

Korean news outlet Money Today has reported that TerraForm Labs CEO Do Kwon has requested police protection. The post Do Kwon fears for his safety following Terra (LUNA) implosion appeared first on CryptoSlate.

Terra's total value locked suffered a major fall, losing as much as $14 billion because of a reduced DeFi investor interest and a bearish market. The blockchain protocol has remarkably lost around 78% in TVL since the first quarter of 2022.

Binance halted trading for Terra and decided to delist LUNA and UST as well after they crashed in price so let's have a closer look in today's latest Binance news. After a warning of delisting, the crypto industry's biggest exchange Binance halted tradign for Terra and removed all of the trading pairs for LUNA and

Terra halts its blockchain to prevent attacks after the LUNA token crashed to zero, down from over $80 a week ago as the validators are taking extreme measures to protect the network so let's read more today in our latest Blockchain news. The Terra validators chose to halt the blockchain network after the week's collapse