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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...
OnePlanet Announces Migration to Polygon After Terra-Fic Fall
26.5.2022
Terra’s OnePlanet bids goodbye to the Lunatics as it has decided to migrate to the Polygon ecosystem. The decision came through due to the recent de-pegging of UST that collapsed the entire Terra ecosystem. The decision to migrate comes after serious deliberations, and OnePlanet has extended...
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,...
InsurAce says it will pay millions to claimants after Terra's collapse
26.5.2022
DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
26.5.2022
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying
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,...
Korean watchdog begins risk assessment of crypto as Terra 2.0 passes vote
25.5.2022
While the FSS' standardization effort is still in its early stages, it is expected that once a legal framework for virtual assets has been established, a uniform evaluation system will be put in place
DeFi Platform Lido Votes Against Supporting New Terra Blockchain
25.5.2022
Terra's revival plan was approved by network validators earlier Wednesday
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
Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale
25.5.2022
South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry.
Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops...
Bitcoin 'finally' due for $32.8K as long-term BTC price metric flashes overvalued
25.5.2022
An uptick to two-week highs is on the cards but longer timeframes still trouble Bitcoin analysis
Terra Snapshot Expected This Week. Here’s How 'New' Luna Will Be Distributed
25.5.2022
The supply of tokens on the new blockchain will be just over 116 million, developers said
Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
25.5.2022
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
The comptroller presented his opinion...
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
Exchanges show initial support to Terra revival by listing new LUNA token
25.5.2022
HitBTC plans to list Terra's brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0
South Korean Regulators to Inspect Companies Linked to Terraform
25.5.2022
South Korea’s financial regulators are planning to launch onsite inspections into domestic companies that have a business relationship with Terraform Labs – and particularly those that have made use of terra (LUNA) ecosystem coins.
In an exclusive article, the South Korean media outlet Money...
LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash
25.5.2022
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,”...
Tether ‘Transparency Is Needed’ Following Terra’s UST Collapse: Analyst
24.5.2022
The director of blockchain market research said Tether should be more transparent about “what they actually hold on their balance sheets,” on CoinDesk TV’s "First Mover," program