Do Kwon fears for his safety following Terra (LUNA) implosion

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.

Timeline of Terra-luna

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

Congressional leaders are changing their approaches in response to the Terra algorithmic stablecoin debacle. The post Terra disaster fuels work of Congress on stablecoin legislation appeared first on The Block.

Binance has made a decision to suspend spot trading for two more trading pairs involving the embattled Terraform assets TerraUSD (UST) and Terra (LUNA) amid increasing rates of decline. In the announcement propagated through the official Binance platform, the global cryptocurrency exchange noted that it would further suspend spot trading for the LUNA/BUSD and UST/BUSD The post Breaking: Binance Suspends LUNA and UST “Spot” Trading Till Further Notice appeared first on CoinGape.

Things are not improving for the Terra ecosystem, as Binance has now decided to delist LUNA and UST trading pairs. On 13 May 2022, Binance, the world's largest cryptocurrency exchange by volume, announced that some margin and spot trading pairs would be removed.

Binance CEO Changpeng Zhao has weighed in on the collapse of the stablecoin TerraUSD (UST) and its related token Luna (LUNA). The post Binance CEO Changpeng Zhao disappointed with how Terra handled UST's collapse appeared first on The Block.

After nearly 90% loss within a week, several crypto exchanges have begun to delist Terra (LUNA). Binance and Bybit have delisted LUNA trading pairs, and now top Indian exchanges, WazirX and CoinDCX, are beginning to follow suit.

The Terra (LUNA) blockchain has been halted by network validators for the second time, after saying on Thursday that block production had been resumed again. Despite the network halt, the token continues to be traded on some exchanges.

Luna's supply increased by nearly 17,000 times in just three days as its mechanism led to a vicious cycle of higher supply and lower prices. The post Luna supply soared to 6.5 trillion coins before Terra's latest halt appeared first on The Block.