Trading app Crypto.com halts Luna trading after quoting wrong price

Luna buy and sell trades will be reversed, the company said in a post on its website. The post Trading app Crypto.com halts Luna trading after quoting wrong price appeared first on The Block.

Timeline of Cronos, Terra-luna

YouTuber KSI lost about $8 million in crypto and $2.8 million on Terra alone as he admits to having a gambling addiction so let's read more in today's latest cryptocurrency news. One of LUNA's celebrity holders, YouTuber KSI lost about $2.8 million on the altcoin and took it to Twitter to document his losses.

The Swiss GAM asset manager and Terra negotiate a $3 billion bailout and it emerged as the first global giant to offer help to the failing crypto project so let's read more today in our latest cryptocurrency news. Following the recent fiasco, Terra and its two cryptocurrencies crashed in value and the platform said it

Do Kwon, the brains behind the failed cryptocurrencies TerraUSD and Luna, is facing scrutiny and criticism after his venture's failure provoked a catastrophic crypto market meltdown this week. Kwon, 29, is the CEO of Terraform Labs, the business behind two linked technologies:  Stablecoin TerraUSD (UST), which is expected to trade 1:1 with the US dollar, and 

The world's largest exchange by trading volume, Binance, has delisted its trading pairs for Terra's LUNA.  The exchange announced that it had canceled all pending orders, ceased trading, closed user positions, and conducted an automatic settlement of all LUNA trading pairs.

Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain and restarting it, the team has

The Terraform Labs CEO was last seen in Singapore, but his current location is unknown. The post After Terra's stablecoin implosion, battered investors ask ‘where is Do Kwon?' appeared first on The Block.

Singapore-based exchange giant Crypto.com is adding two small-cap altcoins to its roster amid a market-wide slump. First up is Lido DAO (LDO), the governance token of decentralized staking platform Lido Finance which offers staking solutions across several popular blockchains. Lido's decentralized autonomous organization (DAO) grants holders of the Ethereum (ETH)-based token voting rights on project The post Digital Asset Exchange Crypto.com Lists Two Low-Cap Altcoins As Crypto Markets Search for Support appeared first on The Daily Hodl.

The collapse of TerraUSD (UST), an attempt to create an algorithmic stablecoin, and the demise of LUNA has captured the attention of the entire crypto-sphere. Going from billions to almost nothing is a spectacular event.

Today in data, the stablecoin TerraUSD falls, leading to a market-wide cryptocurrency collapse. Data 29B: Market capitalization in dollars of LUNA coin two weeks ago 60M: Number of Americans who have purchased cryptocurrency in the last year 40M: Funding in dollars announced by crypto-to-fiat startup BVNK 120,000: LUNA's market cap in dollars Thursday (May 12)

Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation soon, according to a Reuters report. The post Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash appeared first on CryptoSlate.