Terraform Labs Financial News
17.05 / 14:51
business
Stablecoin
regulation
Terraform Labs
Terra
hearing
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Korean conservative party has requested a parliamentary hearing on the matter.
17.05 / 09:13
Mudrex
Terraform Labs
Terra
Luna
Terra is working to revive LUNA. Will it revisit its old glory?
Terra (LUNA) has laid out a revival plan. The crypto token wiped out almost the entirety of investors' wealth in just a few hours.Terraform Labs founder Do Kwon proposed a “Terra Ecosystem Revival Plan,” and the plan was shared in terra community forum. According to Kwon’s 'Revival Plan,' which aims to restart the entire Terra blockchain, with network ownership getting distributed entirely to UST and LUNA holders through 1 billion new tokens.
16.05 / 11:53
Stablecoin
MARKET
Altcoins
Terraform Labs
Terra
Vitalik Buterin & Binance CEO Chime In as Do Kwon Proposes Another Terra 'Revival' Plan
Big players in the crypto industry do not seem supportive of the latest Do Kwon's proposal of how to help the collapsed Terra (LUNA) ecosystem.
14.05 / 00:11
business
Stablecoin
MicroStrategy
Funding
Terraform Labs
Crypto Biz: Luna’s meltdown will live on in infamy, May 5-11, 2022
Terra’s meltdown forced cryptocurrency investors to ask a question they never thought was possible: Will TerraUSD (UST) or Terra (LUNA) reach $1.00 first? The magnitude of this question provides a sobering reminder of just how quickly things can change in crypto. While Terraform Labs co-founder Do Kwon remains defiant, many people in the industry are beginning to distance themselves from the protocol they thought was delivering real-world utility for stablecoins and Bitcoin (BTC).
13.05 / 21:11
Blockchain
Stablecoin
Tokens
Terraform Labs
Terra
Breaking: Do Kwon proposes Terra revival, including token redistribution plan
Terraform Labs co-founder Do Kwon has tabled a proposal to preserve the Terra ecosystem following the historic de-pegging of its algorithmic stablecoin, UST, and the resulting death spiral that plunged LUNA tokens to practically zero.
13.05 / 14:41
Binance
coinbase
Terra Luna
Terraform Labs
Coinbase suffers major outage, Binance halts Terra Luna crypto trading
Coinbase suffered a major outage amid crypto mayhem especially with the cryptocurrency Terra Luna, heightening fears among the investors. The company said it was actively working on the issue. «We are aware that some customers are having issues trading and accessing accounts on Coinbase and Coinbase Pro. Your funds are safe, and we are actively working on the issue. We'll provide an update here soon,» said Coinbase.
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.
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.
15.04 / 09:05
business
Blockchain
Stablecoin
Terra Usd
Terraform Labs
Bitcoin
Terraform Labs gifts another $880M to Luna Foundation Guard
Terra (LUNA) blockchain developer Terraform Labs (TFL) has gifted the Luna Foundation Guard 10 million LUNA worth around $820 million at current prices.
09.04 / 02:01
UPS
ETH
Terraform Labs
Bitcoin
Luna
Terra chooses AVAX over ETH, BNB, and SOL to back UST
It seems the crypto industry has learned its lesson about backing stablecoins with fiat – or with rumors of fiat. At least, Terra has understood the assignment and is far from going down the same route, as its non-profit organization buys Bitcoin in order to back the TerraUSD [UST] stablecoin.
04.04 / 05:21
UPS
Strategy
Terra Usd
Terraform Labs
Bitcoin
Luna
ATH
LUNA: Why a new ATH doesn’t tell us the whole story
LUNA is enjoying quite a bit of press attention and love from bulls right now. But, does that automatically mean Terra is up in terms of adoption? As it goes, there’s evidence to support both sides.
27.01 / 18:47
Blockchain
Altcoin
Cointelegraph Consulting
Terraform Labs
Cointelegraph Consulting: The bigger role of LUNA in Terra
In an interview, Do Kwon, co-founder and CEO of Terraform Labs, said that Terra’s ecosystem was built with several use cases such as savings, payments, investments and others that leverage its stablecoin assets. The previous Market Insights newsletter tackled Terra’s ecosystem growth in 2021 and how it got to hundreds of decentralized applications from just two at the beginning of last year.
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