Terra Financial News

13.05 / 10:39

Altcoins Legal Terra It's Getting Personal - 'Broke' LUNA Investor Comes to Do Kwon’s House, Plans to Surrender to Police

A furious terra (LUNA) investor appears to have come knocking at the door of the Terra mastermind Do Kwon (also known as Kwon Do-hyeong) looking for answers after the token spectacularly collapsed. South Korean police are hunting for an unidentified person who reportedly broke into the apartment complex in which Kwon resides and rang the doorbell – but a social media star says it was him.

12.05 / 20:13

Blockchain Stablecoin Altcoin Terra Luna Terraform Labs Terra Breaking: Terra blockchain officially halted following LUNA price collapse

Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token.

12.05 / 19:25

business Binance Terra Binance will delist LUNA/USDT contracts as price falls below 0.005

Major crypto exchange Binance announced it will be delisting its Tether (USDT)-margined Terra (LUNA) futures contracts following a more than 99% drop in price.

12.05 / 13:43

Stablecoin Altcoins Terra Rescue LUNA Dives Below USD 0.05, UST Trends Lower Despite New Rescue Plans

The two most-discussed tokens this week - luna (LUNA) and terraUSD (UST) kept moving lower, despite the team behind these projects announcing "three more emergency actions" in an attempt to save the UST algorithmic stablecoin.

11.05 / 22:17

Stablecoin Altcoin Terraform Labs Terra Bitcoin Why did Terra LUNA and UST crash? | Find out on The Market Report

Cryptocurrency investors never thought they’d have to ask which one of TerraUSD (UST) or LUNA would reach $1 first. On May 11, that question became the talk of the crypto-sphere as the Terra ecosystem imploded.

11.05 / 19:19

Ethereum MARKET Altcoins Terra Bitcoin Crypto Market Dives – and Rebounds – Following UST De-Peg, US Inflation Report

Bitcoin (BTC), ethereum (ETH), and the broader crypto market experienced a sharp correction today after the terraUSD (UST) stablecoin collapsed, and an inflation report in the US revealed higher-than-expected price rises. However, prices later turned around, marking a strong recovery for the major cryptoassets.

11.05 / 18:07

MARKET Altcoins Terra Do Kwon's USD 1M Bet Doesn't Look Good as LUNA Crashes

Do Kwon, co-founder and CEO of Terraform Labs, the entity behind Terra (LUNA), found himself in a peculiar position with his bet that LUNA would stay above USD 88 - as the coin dropped over 90% in a single day.

11.05 / 14:33

business Stablecoin Altcoin Terra Terra founder Do Kwon shares plan to save the UST stablecoin peg

Do Kwon, CEO of Terraform Labs, will not admit defeat. After an 18-hour wait in which his coins Terra (LUNA) and TerraUSD (UST) endured a face-ripping freefall, Do Kwon has announced his “rescue plan" for the Terra community.

11.05 / 11:17

Stablecoin MARKET Altcoins Terra recovery UST and LUNA Keep Collapsing, No Word from Do Kwon on Promised 'Recovery Plan'

Both terraUSD (UST) and terra (LUNA) still can't find their price bottom today.

10.05 / 06:11

Stablecoin defi Altcoin Terra Usd Terra Terra peg mechanism in doubt as UST crashes to 67 cents

The third-largest stablecoin by market cap Terra USD (UST) appears to be in a catastrophic tailspin which has seen it de-peg from the dollar and drop to as low as $0.67 on May 10.

09.05 / 23:51

Stablecoin Terra Bitcoin Bitcoin Price 42.5K BTC reportedly moved from Luna Foundation Guard wallet as UST peg crumbles

Roughly $1.4 billion worth of Bitcoin (BTC) was reportedly moved from a wallet tied to Luna Foundation Guard (LFG) on Monday, raising questions about its ultimate destination on a day that has seen Bitcoin’s price tumble more than 11%.

09.05 / 18:27

MARKET stocks inflation Terra Bitcoin analysts Bitcoin Slides Below USD 33K, Analysts Look for Possible Bottom

Bitcoin (BTC) crashed to its lowest level since last summer as the number one cryptocurrency hit the USD 32,000 level. The Monday crash came as the broader crypto market sold off over the weekend, led by falling stock prices and fears that terraUSD (UST) could lose its dollar peg. Meanwhile, several analysts pointed to possible bottoms in the sub-30k area.

09.05 / 15:19

Stablecoin lending Terra Bitcoin Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash

The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon claimed that the LFG is not seeking to exit its BTC position.

09.05 / 11:01

Blockchain Stablecoin Terra Usd Terra Bitcoin reserves LFG to deploy $1.5 billion to bolster UST peg and build BTC reserves

Amid the sharp pullback across Bitcoin (BTC) and the wider crypto market this week, the Luna Foundation Guard (LFG) is set to deploy $1.5 billion worth of capital to “help protect” Terra USD’s peg to the U.S. dollar.

08.05 / 12:09

markets Altcoin Terra Bitcoin Bitcoin Price Bitcoin price target now $29K, trader warns after Terra weathers $285M 'FUD' attack

Bitcoin (BTC) prepared for a rare bear feature to return on May 8 after an overnight sell-off took the market ever closer to January lows.

07.05 / 17:55

markets Terra Bitcoin Bitcoin Price Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders

Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend.

05.05 / 19:37

Stablecoin Investments Genesis Trading Terra Bitcoin Reserve acquires Luna Foundation Guard acquires additional 37,863 BTC as part of reserve strategy

Luna Foundation Guard (LFG), a Singapore-based nonprofit tied to the Terra Luna ecosystem, has raised another $1.5 billion to further expand its already hefty Bitcoin (BTC) reserves.

29.04 / 21:19

business Funding Venture Capital Terra NOT Crypto Biz: If you think crypto is bearish, you’re not paying attention, April 21-27, 2022

If you’re looking at the price of Bitcoin (BTC), it’s hard to be bullish these days. The flagship cryptocurrency has once again broken below $40,000, with analysts foretelling of a much bigger decline in the weeks ahead. Unfortunately, many new investors forget to treat crypto as an exponential asset class and, therefore, let short-term price fluctuations weaken their conviction.

28.04 / 07:19

Dogecoin cryptocurrency cryptocurrency prices today Terra Bitcoin Drop Top cryptocurrency prices today: Dogecoin, Terra drop 8% each; Bitcoin falls 5%

All major crypto tokens were trading sharply lower in the early hours of the trade. Dogecoin and Terra tumbled 8 per cent each while Bitcoin and Ethereum dropped 5 per cent each. XRP shed 7 per cent. The global cryptocurrency market cap was trading lower at $1.77 trillion, with a sharp fall of about 5 per cent in the last 24 hours. Meanwhile, the total cryptocurrency trading volume dropped about 2 per cent to $95.82 billion.

26.04 / 16:01

business Adoption defi Investments Terra Fireblocks expands institutional access to Terra's DeFi ecosystem

Fireblocks, a digital asset custody platform, announced that it has enabled institutional DeFi access to Terra (LUNA), the second-largest decentralized finance (DeFi) protocol by total value locked (TVL). As per the announcement, Fireblocks users can now securely access all the decentralized applications (DApps) built on the Terra blockchain.

26.04 / 13:33

business Adoption Taxes Terra Koinly Crypto tax calculator Koinly integrates Terra into its platform

Crypto tax calculation platform Koinly added Terra (LUNA) wallet support to make tax calculation easier for LUNA holders as the Canadian tax report deadline draws near.

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