Swiss Asset Manager GAM Looks Forward To Back Terra's UST Peg! Will LUNA Reclaim $1?

Terra, which was among the largest cryptocurrencies, has dropped below $1 crashing by almost 99% overnight and this move has wiped out 95% of investors' wealth. The reason is the Terra blockchain's UST depegging. At the moment, Terra (LUNA) Price is trading at $0.0000557 with a crash of 99.97% over the last 24hrs. However, the …

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It's Getting Personal - 'Broke' LUNA Investor Comes to Do Kwon's House, Plans to Surrender to Police - Cryptonews

A furious terra (LUNA) investor appears to have come knocking at the door of the Terra mastermind Do Kwon (also known as Kwon Do-hyeong) looking for answers after the token spectacularly collapsed. South Korean police are hunting for an unidentified person who reportedly broke into the apartment complex in which Kwon resides and rang the doorbell – but a social media star says it was him.

As Terra Collapses, This Proposal Attempts To Save Developers And Users - Coingape

Terra community the Terra Builders Alliance on Friday made a new proposal to protect developers and users as the blockchain collapsed. The proposal, called the ‘LUNA Go Forward Proposal' calls for the minting and distribution of new LUNA to holders, stakers, and developers to save them from the impact of the crisis.

Terra Halts Blockchain Completely Following Massive Collapse - Coinbureau

Terra halted its blockchain on Thursday evening after validators decided to try and prevent governance attacks as the severe inflation of LUNA reduced the cost of attack for bad actors. “The Terra blockchain was officially halted at a block height of 7603700,” TerraUSD said in a Twitter post. “Validators are applying a patch to disable The post Terra Halts Blockchain Completely Following Massive Collapse appeared first on Coin Bureau.


Will Terra LUNA Go Extinct After Being Delisted By Binance, Bybit And eToro? - Bitcoinist

Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship than LUNA, the governance token underlying the Terra ecosystem.

Terra Blockchain Halted For The Second Time In 12 Hours, What's Next? - Coingape

The Terra blockchain was halted for the second time in 12 hours on Friday, as developers seek more time to come up with a recovery plan. The move comes as LUNA- its native token- crashed to a value of below 1 cent, while the UST stablecoin's dollar “peg” now stands at less than $0.2.

UST: When the “Terra” Under Your Feet is Not so Stable - BeInCrypto

UST: The promise that was intended to take us to the MOON has become a lesson in humility, says Lorena Ortiz The post UST: When the “Terra” Under Your Feet is Not so Stable appeared first on BeInCrypto.

Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral - BeInCrypto

On May 13, Binance, the world's largest crypto exchange by volume, posted a notice of removal of some margin and spot trading pairs for LUNA and UST. The post Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral appeared first on BeInCrypto.

Terra Resumes after Halting Blockchain Production to Prevent Governance Attacks - Blockchain News

Terraform Labs, the company which supports the Terra ecosystem, briefly halted the Terra blockchain for two hours on Thursday after a dramatic slump in LUNA and UST, before restarting later.

Crypto Exchange Binance Decides to Delist Terra LUNA and UST Stablecoin - Coingape

One of the world's largest cryptocurrency exchanges Binance has recently decided that it will move ahead with the decision of deleting Terra's native crypto LUNA and the UST stablecoin. The announcement reads: Binance will remove and cease trading, close users' positions, conduct an automatic settlement and cancel all pending orders on the following margin trading The post Crypto Exchange Binance Decides to Delist Terra LUNA and UST Stablecoin appeared first on CoinGape.

Binance Delists LUNA Futures Contract & Suspends UST Trading Pairs, Will LUNA Price get Back on Track? - CoinPedia

As the native token of Terraform labs Terra(LUNA) dropped by 100%, losing 100% of its value, many exchanges came forward to halt the trade. In a recent update, the largest cryptocurrency exchange Binance announced the delisting of the LUNA Perpetual Contract to protect the traders.  As mentioned previously, Binance Futures will conduct an automatic settlement …