Tag: LUNA
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What Is LUNC?
A Step-by-Step Guide to Terra’s Failed Tokens
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What Was Terra?
The $60B Fall of Terra Worsened the Bear Market and Undermined DeFi
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On-Chain Action Disappears on Terra’s Luna Classic Token
LUNC Had Surged Until Failed Chain Imposed Transaction Tax
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U.S. Legislation Would Ban Algo Stablecoins for Two Years: Report
Terra Collapse Prompts Congress to Crack Down on Dollar-Pegged Token Issuers
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Crypto Contagion: Mapping the fallout from $LUNA, 3AC, Celsius, Voyager and BlockFi
You’ll no doubt be hearing the word contagion from all corners but didn’t we just escape the clutches of the pandemic. Well yes. But crypto is really like a house of mirrors where nothing is ever what it seems. But it’s also a house of cards, built on a complex system of levered dependencies. And […]
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Voyager Delivers Painful Lesson on Perils of Counterparty Risk in Bankruptcy Drama
Exposure to Three Arrows Sinks Crypto Exchange as Dominoes Fall
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Two Traders Targeting 3Pool Poleaxed Terra: Report
Chainalysis Finds 150M UST Withdrawal from Curve Pool Triggered Chain Reaction
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DeFi’s TVL Fell 40% in May But Bright Spots Emerge
MakerDAO and Tron Buck Historic Selloff
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New LUNA Coin Surges While Terra Controversy Escalates
The Terra token has approximately doubled in price two days after its launch, even as controversy surrounding Terra and the activities of its founders continues to grow. Terra airdropped Terra 2.0’s LUNA to holders of the network tokens of the fallen Terra Classic chain – what’s now known as Luna Classic (LUNC), and the network’s […]
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New Terra Launches – LUNA Dumps, LUNC Pumps
It’s been a traumatic couple of weeks in crypto and the drama continued last week with the Ethereum beacon chain suffering a 7 block reorg when some but not all nodes failed to upgrade the validator software in time. The market reacted as expected with Eth selling off violently down to the low 1700s before […]
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Terra Founder Faces Government Investigations, Lawsuits, and $78M Fine for Tax Evasion
South Korean authorities have formed an emergency financial crimes unit to investigate the collapse of stablecoin protocol Terra, and fined the protocol’s founder, Do Kwon, $78M for tax evasion, local media reported. The government agencies want to understand why UST, Terra’s US dollar stablecoin, lost its peg on May 9. The crash wiped $18 billion […]
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Do Kwon Wants to Save Terra by Creating a New Chain With 1B of Tokens for LUNA and UST Holders
The Terra ecosystem’s notorious leader is trying to salvage the resources and talent left behind in the wreckage that is UST’s depegging.
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Algorithmic Stablecoin Landscape Suffers Tremors After Terra Crash
Terra’s UST collapse has shattered the foundations of the algorithmic stablecoin market.
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Trader May Have Lost $9M in Exit from USDT
Data Indicates Bots Made Off With Huge Sum on Arbitrum
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Terra Network Restarts After Second Shutdown; Binance Delists LUNA and UST Pairs
Terra Stops and Starts to Salvage Network.
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Worst Week in Crypto Ever?
This week may have been the one of the worst weeks in crypto’s history. The fall of UST/LUNA not only impacted Terra, but also dragged the whole industry down with it. Will this mark the beginning of crypto winter? Only time will tell.
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Terra Temporarily Halts Blockchain To Prevent Governance Attack
The Terra blockchain was halted to deploy an emergency upgrade intended to forestall governance attacks.
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Do Kwon Humbled as LUNA Spirals and UST Suffers ‘Lehman Moment’
Terra Struggling to Stabilize Crisis as Investors Flee
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Terra’s LUNA Crashes 95% As Investors Mull Recovery Plan
Terra’s Flagship Token is Cratering
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Update: UST & LUNA Crash Harder, 8000 ETH Moved by Azuki?
It’s been less than 24 hours and things have changed, for the worse. UST went as low as 22 cents, Luna goes under 1 dollar, Do Kwon announced a recovery plan, and team Azuki is on the move.
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UST’s ‘Reckless’ Run Triggers Crackdown on Stablecoins
Terra Draws the Ire of Crypto Community as Regulators Circle
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The UST Depeg and Luna Crash + Azuki Founder Confession
“You could listen to influensooors about UST depegging for the 69th time, or you could remember they’re all now poor, and go for a run instead, wyd?” This was Do Kwon’s tweet a day before UST lost its peg down and plummeted to a scarcely believable 60 cents. This is a stablecoin we’re talking about. […]
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Terra’s Stablecoin Structure Unravels on a Wild Day
LUNA’s Collapse May Consign UST to Long List of Failed Algo Stablecoins
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LUNA Loses Half its Value in 24 Hours as DeFi Tokens Crater
Avalanche Also Plunges as Bears Chomp on Crypto
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Terra’s UST Rebounds To $0.90 After Depegging by 40%
Terra’s stablecoin UST, the poster child for decentralized assets tied to the US dollar, is off its peg by the most ever as its backbone, the LUNA token, dives.
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TRON’s Sun Vows to Rock Stablecoin Market With his Own $10B Play
Do Kwon Has Company in the $10B Stablecoin Chase
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Beginners Guide to Crypto in 2022
Today we’re going back to basics. If you’re keen about crypto and don’t know where to begin, this will be your comprehensive guide to get started.
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Terra Hard Hit as DeFi Drops 20% in a Week
Terra’s Short-Lived Bull Run Reverses Course
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Friday Wrap: ETH and Other DeFi Coins Shake Off Looming Rate Hikes
Crypto Recorded a Quiet Week as NFTs Continue to Party
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Terra’s Do Kwon Takes Aim at DAI With Pool of Four Stablecoins
Will 4pool Muster the Liquidity to Maintain Stability?