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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
29.5.2022
Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi protocol in terms of total value locked...
Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
29.5.2022
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s...
Terra Launches New Chain Airdropping LUNA 2.0 Coins — Token Value Slides Over 70% From Price High
28.5.2022
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later...
Terra (LUNA) 2.0 relaunches according to Do Kwon's revival plan
28.5.2022
The Terra 2.0 mainnet (Phoenix-1) went live today as per the original timeline set by Terra developers and started producing blocks
Bitcoin price stuck below $29K as Terra LUNA comes back from the dead
28.5.2022
The launch of the new LUNA mainnet comes as problems persist for other well-known altcoins
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse
28.5.2022
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the country following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). Korean Government’s Meeting With Cryptocurrency...
Cardano’s Hoskinson: Luna Collapse Shows Need to Go Slow in Crypto
27.5.2022
“If you move too quickly … everybody loses their money,” says Hoskinson, who will speak at Consensus 2022 next month
Terra lanzaría su nueva blockchain el sábado, seguida del airdrop de LUNA
27.5.2022
Serán las primeras acciones de un plan más amplio para ayudar a revivir el ecosistema Terra y sus tokens
3 reasons why Bitcoin is regaining its crypto market dominance
27.5.2022
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
27.5.2022
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
27.5.2022
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during...
New Terra Blockchain Expected to Launch on Saturday, Luna Airdrop to Follow
27.5.2022
The move is part of a broader plan to help revive the Terra ecosystem and its related tokens
Exchanges back 'Terra 2.0 revival plan' via airdrops, listing, buyback and burning
26.5.2022
MEXC Global has pledged to do a month-long buyback and burning to reduce the circulating supply of the old Terra markets
FTX Halts LUNA and UST Markets to Support New LUNA Airdrop
26.5.2022
FTX will halt the LUNA and UST markets at noon UTC on May 26, 2022. Holders will, however, have an option to receive the new LUNA airdrops during the snapshot time, and the receipt will be subject to certain adjustments. Meanwhile, FTX will go for more suspensions as mentioned below:- Deposit &...
Terra 2.0 is Almost Here & It Brings LUNA Airdrops for Users
26.5.2022
Terra is set to release its updated network, Terra 2.0. Terra will accommodate this update with a new native staking token as a community-owned venture. As Proposal 1623 prescribes, the new token, called LUNA, will be airdropped to the community members. The token is set to be released on 27th...
IMF Chief Begs Investors Not to Shun All Crypto After the Collapse of LUNA, UST
26.5.2022
The managing director of the International Monetary Fund (IMF) reportedly said that investors should not completely pull out of crypto after the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). IMF Chief Has a Message for Crypto Investors After the Collapse of LUNA,...
A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens
26.5.2022
According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been...
Terra lanzaría su snapshot esta semana: cómo serán distribuidos los 'nuevos' LUNA
25.5.2022
El suministro de tokens en la nueva blockchain será de poco más de $116 millones, dijeron los desarrolladores
LUNA, UST Jump as Terra Revival Plan Moves Ahead After Vote
25.5.2022
The price of the Terra network’s native LUNA token and the failed stablecoin terraUSD (UST) jumped in the market on Wednesday, after a revival plan for the network officially passed a vote, with 65% voting in favor of the plan. A new Terra blockchain is now expected to launch this Friday,...
Bitcoin price bottom signals flash as 'fear and greed' index matches March 2020 lows
25.5.2022
On-chain indicators focusing on Bitcoin's fair valuation and long-term holders' sentiment also raise its prospects of bottoming out