Luna Trading Draws Online Discussions in China Despite a Ban on Cryptocurrency
Despite being banned in China, cryptocurrency is gaining attraction in the country as the value of some of the world's most prevailing digital currencies and Non-fungible tokens (NFTs) has increased.
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Timeline of Terra-luna
WOO Network Halts Terra's LUNA Trading Just Hours After Relisting It - Coingape
The Terra disaster has led the largest cryptocurrency exchanges to delist the LUNA and UST tokens. But DeFi exchange WOO network sought to go against the grain by relisting LUNA, which it did on Monday.
A Week of Terra: the Story of Do Kwon and His Black Swan Wipeout - Crypto Briefing
Terra suffered a spectacular collapse after its UST stablecoin lost its peg to the dollar last week. Crypto Briefing tells the full story of the troubled blockchain's rise and fall.
South Korean Financial Regulators Begin Terra Probes, Politician Calls for Kwon to Face Parliamentary Hearing - Cryptonews
The Terraform Labs mastermind Do Kwon (real name Kwon Do-hyeong) could be facing trouble from financial and law enforcement authorities in South Korea and Singapore as a torrid month for the Terra (LUNA) platform just keeps getting worse.
SEC Chair Gensler Responds To Terra Crash, More Regulation Due? - Coingape
SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosing information making investors lose hard-earned money such as in the case of LUNA and UST.
Do Kwon's New Terra Revival Plan Fights for Support as Trust Challenge Remains - Cryptonews
Another Terra (LUNA) ecosystem revival plan by Terraform Labs (TFL) CEO and Co-founder Do Kwon seems to have the support of at least some Terra developers, while trust issues still pose serious challenges to this plan.
Terra Meltdown Concerns European Officials; Calls for Legislation Renewed - BeInCrypto
European officials have called for immediate regulation of crypto in light of the Terra-led market crash. The post Terra Meltdown Concerns European Officials; Calls for Legislation Renewed appeared first on BeInCrypto.
Terra Crash Spilled Over Into Other L-1 Blockchains, Here's How - Coingape
Terra's recent crash appears to have undermined investor confidence in other major layer-1 (L-1) blockchains, data shows. The blockchain's value imploded in the first two weeks of May, and is now trading at a fraction of the billions it was initially valued at.
Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman - Coingape
Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme. Ackman's comments come in wake of the Terra blockchain losing most of its value in the span of a few days, as the de-pegging of its UST stablecoin cause a massive bank run.
Terra ecosystem to vote on a fork to create Luna Classic and Luna Core - CryptoSlate
Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2.” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack.
Solana [SOL] is holding above $50 after the Terra debacle, but this could happen next - AMBCrypto
It's been a rough couple of weeks for the Solana [SOL] token that has been dealing with some new crypto assets as market cap neighbors after Terra [LUNA] and TerraUSD [UST] crashed down the rankings. However, at press time, the eighth biggest crypto token by market cap was worth $54.50, after rallying by 3.53% in
