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Terra Flaw: Ethereum Creator And Binance CEO Slam Terra Via Twitter

bitcoinist.com

Terra took quite a beating as the Ethereum creator and CEO of Binance criticized Terra and UST token via Twitter. Following the collapse of UST, Terra's stablecoin and LUNA, its native token, many crypto advocates have aired their sentiments on the subject.

Read in Full: bitcoinist.com
Bitcoin ETH
$ 3088.45
Bitcoin LUNC
$ 0.00010179

Timeline of Ethereum, 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.


Cloudflare To Run PoS Ethereum Validator Node - Crypto Daily

Just a little under four years ago, Cloudflare announced its first tryst with Web3 with its gateway to the InterPlanetary File System (IPFS). This was followed up by the announcement of its experimental Ethereum Gateway.


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.


Cloudflare to Launch Ethereum Validator Nodes With Staked ETH - BeInCrypto

Cloudflare, the internet security and content delivery network, is venturing deeper into Web3 and Ethereum staking with the launch of validator nodes. The post Cloudflare to Launch Ethereum Validator Nodes With Staked ETH appeared first on BeInCrypto.


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.


12.59 Million Ethereum out of circulation! ETH Price Poised To Drop 25% - CoinPedia

The number of Ethereum tokens staked in the ETH2 contract has surpassed all previous records. Despite the significant milestone, analysts predict that the price of ETH will continue to fall because of the “bear pennant” structure. The Ethereum network's deposit contract received the biggest volume of ETH staked. This is important for the token's circulating …


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.

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