Altcoins Financial News

06.06 / 20:39

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 23

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

06.06 / 10:57

Altcoins Airdrop Tax Terra Indian Indian Terra Investors Brace for Another Blow After LUNA 2.0 Airdrop Under New Tax Laws

Terra network coin holders in India are facing a “double whammy” following the LUNAC and UST crash last month – and could be hit with 30% tax bills from the recent LUNA 2.0 airdrop.

02.06 / 11:17

Blockchain MARKET Altcoins solana Solana Suffers 5th Outage in 2022, SOL Dives

The Solana (SOL) blockchain suffered its 5th outage of 2022 on Wednesday after the production of new blocks on the network ceased due to a consensus failure.

02.06 / 03:13

Altcoins Exchange Terra Bitcoin Upbit Operator Distances Itself from Terra-LUNAC ‘Investment’, Says It Swapped Coins for Bitcoin

Dunamu, the operator of Upbit, South Korea’s biggest crypto exchange, has moved to distance itself from connections with Terraform Labs’ terra (previously LUNA, now - LUNAC) – dismissing notions that its management “may have invested directly” in the Terra network, and labeling reports as “clearly false.” And while previous reports had claimed that a Dunamu subsidiary had invested a large chunk of its founding capital into LUNAC tokens, only to sell the coins off in February last year, the firm stated that it had not liquidated the coins for cash, but had instead swapped them for bitcoin (BTC).

30.05 / 20:21

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 22

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

30.05 / 17:53

Blockchain defi Altcoins security Struggling On-Chain Governance Experiment Tests Itself With New Experiments

Crypto governance is currently going through a rough patch right now. Sure, the market as a whole is experiencing a tough time, but with a consistent stream of million-dollar governance attacks having already taken place this year, it seems that the concept of on-chain voting is having it harder than most sub-sectors of crypto.

30.05 / 16:07

Altcoins Exchange Upbit South Korean Crypto Exchanges Form Joint Response Council to Avoid Repeat of LUNA ‘Incident’

South Korea’s five biggest crypto exchanges have vowed to create a “joint response council” to avoid a repeat of what the media and politicians in the country have labeled the “terra (LUNA) incident.”

30.05 / 15:05

Blockchain MARKET Altcoins Kraken New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing

The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded on a number of large exchanges.

27.05 / 20:05

cryptocurrency Altcoins Bitcoin Bitcoin Price Drop Bitcoin continues to drop but outperforms altcoins

Bitcoin was trading marginally lower on Friday, outperforming other ailing crypto tokens following the Terra debacle. Despite the recovery in the equity markets, altcoins fell sharply. Bitcoin was trading marginally lower after breaching the $28,000 mark. At 14.15 hours ITS on Friday, the largest digital token was trading with small cuts of less than a per cent at $29,010.57. According to the data from Coinmarketcap, the total market capitalization of the largest cryptocurrency dropped to $552.48 billion.

26.05 / 19:25

Blockchain Stablecoin Altcoins Exchange Terra Support Terra Moves Closer to New Chain Launch, Secures Exchange Support

The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the value of Terra is without a stablecoin have started to emerge.

25.05 / 18:41

Stablecoin Altcoins Terra LUNA, UST Jump as Terra Revival Plan Moves Ahead After Vote

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, May 27th.

24.05 / 23:05

Stablecoin Altcoins regulation Terra More Crypto Regulation Incoming in South Korea Following Terra Collapse, Gov’t Indicates

More regulatory scrutiny could be incoming for the crypto sector in South Korea in the wake of the terra (LUNA) and terraUSD (UST) crash – with exchanges set to come under the same kind of scrutiny as Terraform Labs and its Founder and CEO Do Kwon.

24.05 / 11:05

Blockchain Altcoins Terra Terra 'Revival Plan 2' Set to Pass, But There is Still Confusion within Community

The Terra (LUNA) ecosystem "Revival Plan 2," the latest revival plan proposed by the Terraform Labs founder and CEO Do Kwon that was put to vote last week, is nearing its deadline and is set to be confirmed.

23.05 / 19:25

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 21

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

23.05 / 14:17

MARKET Altcoins Terra fall Binance CEO Shares Lessons Learned From Terra Fall, Says He is 'Pleased by the Crypto Industry Resilience'

Addressing the historic fall of the Terra (LUNA) ecosystem, major crypto exchange Binance CEO Changpeng Zhao (CZ) said that he is "pleased by the resilience the crypto industry has shown." However, he also shared some lessons that the industry should learn from the Terra fallout.

23.05 / 11:27

MARKET Altcoins Terra LUNA Jumps as 273M Tokens Burned Despite Do Kwon Opposing the Idea

Terra (LUNA) holders have sent over LUNA 273m to the burn address provided by the Terraform Labs founder and CEO Do Kwon in a bid to reduce the token supply - an idea that Do Kwon is not in support of.

20.05 / 13:53

Stablecoin MARKET Altcoins Terra Terra Adds an Amendment to Do Kwon’s Revival Plan, Survey Reveals UST Losses

The team behind the Terra (LUNA) blockchain has added three revisions to the already published “revival plan” by co-founder Do Kwon – increasing genesis liquidity and decreasing distribution to certain terraUSD (UST) holders.

20.05 / 10:39

Altcoins Legal Terra South Korean Government, Prosecution Turn up the Heat on Do Kwon and Terraform

South Korean lawmakers and financial regulators are taking aim at Do Kwon (full name Kwon Do-hyeong) and his firm Terraform Labs.

18.05 / 21:31

Binance Altcoins Investing Terra Low From Silence to Humbling Hell - Major Terra Backers Keep Low Profile as the Small Guy Is 'the Biggest Loser'

Major Terra (LUNA) backer Mike Novogratz of Galaxy Digital is still largely silent on the downfall of LUNA and the terraUSD (UST) algorithmic stablecoin, while some other institutional investors have put out vague statements that called the incident “hell for our entire community” and “incredibly humbling.”

18.05 / 19:41

Altcoins Investing Legal Terra Legal Storm Brewing for Terra's Do Kwon & Co as ‘Hundreds’ of Investors Ready Complaints

Another headache appears to be incoming for Do Kwon (full name Kwon Do-hyeong) and his company Terraform Labs – with investors in South Korea ready to wage a legal battle against the CEO.

18.05 / 16:11

Forecast MARKET Altcoins Survey Shiba Inu Shiba Inu Army, Look Away: Survey Claims SHIB Will Be Worthless by 2030

Fans of shiba inu (SHIB) will be dismayed to hear that fintech specialists say that the doggy-themed coin will be worth nothing at all in eight years’ time – with most opining that the time has come for Shib Army soldiers to ditch their coins...before it’s too late.

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