Terra Luna Financial News

11.05 / 14:09

stablecoins bitcoins Terra Luna Luna This major crypto token dropped 60% in 24 hours. Here's what you should do

Interestingly, this time it's not a tiny token or a one time wonder, but a constituent among the top-10 crypto tokens, if we exclude the dollar-pegged stablecoins. Here, we are talking about Terra (LUNA). The native token of Terra blockchain named 'LUNA' tumbled to $24.14 from $61.99, registering a massive drop of 60 per cent within a day. The token is trading about 80 per cent below its peak close to $118, scaled last month.

06.04 / 23:13

business Blockchain Stablecoin Binance Terra Luna fall reserves UST staking goes live on Binance as Anchor reserves fall

On Wednesday, centralized cryptocurrency exchange Binance launched its new TerraUSD (UST) staking program. Although Binance did not name the underlying decentralized finance protocol responsible for the staking rewards, Do Kwon — Terra Luna's (LUNA) co-founder — attributed the origins of the high yield to Terra's flagship Anchor protocol.

06.04 / 17:39

Blockchain Technology Adoption defi Terra Luna Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds

According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year over year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4 2021.

04.03 / 15:43

cryptocurrency Terra Luna Terra crypto volatility Terra Luna Doubles In Past One Month, Despite Increasing Crypto Volatility

Terra Luna doubles in the past one month, despite increasing crypto volatility.

28.01 / 23:07

Blockchain Technology defi DEX Terra Luna Users flock to Curve amid lack of stablecoin liquidity on major DEXs

In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI). Both have a theoretical peg of 1:1 against the U.S. Dollar.

28.01 / 01:17

business Blockchain Stablecoin Adoption Terra Luna Borrowing reserves Anchor protocol's reserves head toward depletion due to lack of borrowing demand

Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of December, the amount of Terra USD Stablecoin (UST) held in the "terra1tmnqgvg567ypvsvk6rwsga3srp7e3lg6u0elp8" smart contract has declined by over 50%, with only $35.7 million remaining.

20.01 / 12:27

Ethereum Twitter CoinMarketCap DISH Terra Luna CoinMarketCap finally reaches out to SHIB devs to fix ‘wormhole’ contract issues

It’s been quite the drama for a certain cryptocurrency over the past couple of days – Shiba Inu (SHIB) – with its vocal community part of an intense commotion on Twitter. In fact, SHIB’s community was in an online spat with CoinMarketCap and, it didn’t hold back.

15.01 / 00:09

Blockchain Technology Twitter defi Terra Luna CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed three fake SHIB contract addresses belonging to the Binance Smart Chain (BNB), Solana (SOL), and Terra Luna (LUNA) blockchains. The staff at Shiba Inu claimed that the addresses were unsafe and that CoinMarketCap had refused to correct the alleged mistake. At the time of publication, the contract addresses are still viewable on CoinMarketCap.

04.12 / 15:19

business Blockchain Technology Investments Terra Luna Without staking, institutional crypto investors cannot escape inflation

By 2021, proof-of-stake (PoS) anchored itself as the consensus mechanism of choice for new and innovative blockchains. Ethereum 2.0, Cardano, Solana, Polkadot, Terra Luna — five out of the top 10 base layer blockchains run on PoS. It’s easy to see why PoS blockchains are popular: The ability to put tokens to work — verifying transactions and earning a reward in the process — allows investors to earn a passive yield while improving the security of the blockchain network they’d invested in.

Terra Luna Financial News

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