Terra Dapp Expo canceled following chaotic week for Terra network

"The decision was not made lightly and is crushing news for everyone involved,” the expo organizers said on Twitter. The post Terra Dapp Expo canceled following chaotic week for Terra network appeared first on The Block.

Timeline of Terra-luna

Will LUNA be Forked Amid the Recovery Plan? After the recent nightmare of the UST de-pegging and LUNA price crashing to the dust, the platform was heavily criticized for not handling the situation wisely. Yet Do Kwon, founder, in a post says he is ‘heartbroken' about the LUNA & UST situation. And hence in the …

From the last few weeks, and just three days ago, Terra Luna's supply was just 340,000 according to Terra analytics. And the UST lost its peg from the dollar on Monday, and that is when the Luna started falling downward in reference to the related token which was supposed to prop up UST's value.  The …

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.

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.

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

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.

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.

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.

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.

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.