Tag: LUNA

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Finally, Luna Foundation Decides To Give Compensation To UST Holders

Last updated May 16, 2022 The project team behind the Terra network finally revealed all the reserved remaining assets behind Terra’s Stablecoin UST.On...

Luna Foundation Guard reveals where missing 80K BTC reserves went

The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds.The...

LUNA Crashes Over 99%: What’s Happening With This Cryptocurrency?

LUNA, a cryptocurrency linked to the TerraUSD stablecoin, is now essentially worthless. LUNA was worth $0.01862 as of noon Thursday, May 12, 2022,...

The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

On the bright side, somehow bitcoin didn’t completely collapse. Over 80,000 BTC from that almost $4 billion treasury was potentially sold (we can’t...

Binance CEO Breaks Silence, Says Terra (LUNA) Should Have Handled the Collapse Differently

Binance CEO Changpeng Zhao says he’s unhappy with the way Terra handled the collapse of its native crypto asset LUNA and its stablecoin...

Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday

Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with several exchanges halting deposits, only those who...

LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt

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Coinbase users lose Wormhole LUNA, UST after sending it to the exchange

During the recent death spiral of UST and LUNA, many tried to send their tokens to their Coinbase wallets, and they ended up...

LUNA Issuer Terra Halts Blockchain After Week of Losses

The UST stablecoin, which is supposed to maintain price parity with the U.S. dollar, lost its peg over the last weekend, but briefly...

ViaBTC Capital|The Collapse of LUNA

Timeline of the Collapse: -In the early morning of May 8, to prepare for the 4Crv Pool, Luna Foundation Guard (LFG), a Singapore-based non-profit...

TerraForm Labs CEO Do Kwon announces recovery plan for LUNA, UST following crash

Terraform Labs CEO Do Kwon announced a possible “solution” to deal with the massive crash LUNA and UST experienced over the last couple...

Luna Foundation Guard Prepares $1,500,000,000 in Bitcoin (BTC) and TerraUSD (UST) To Protect Stablecoin Peg

As TerraUSD (UST) plummets in value, the Luna Foundation Guard says it’s preparing $1.5 billion in Bitcoin and UST to address market concerns...