Binance Seeks to Strengthen its Legal Team
Amidst growing uncertainty caused by the bearish run across most cryptocurrencies over the past few weeks, Binance – the leading exchange in terms of volume – is looking to heavily…
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CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in…
Binance CEO CZ to support Terra community but expects more transparency
Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Binance Suspends Spot LUNA, UST Trading as CZ Outlines Disappointment With Terra’s Actions
The world’s largest crypto exchange suspended LUNA and UST spot trading shortly after doing so to the LUNA coin-margined perpetual contracts. The company’s CEO took it to Twitter to offer…
Breaking: Binance suspends LUNA and UST trading amid issues on Terra blockchain
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain.
Binance will delist LUNA/USDT contracts as price falls below 0.005
The major crypto exchange said on Thursday it would delist the trading pair if the price fell under 0.005 USDT, which has already happened.
Binance Cuts Bitcoin-LUNA Perps as CZ Warns Against Algorithmic Stablecoins
It comes after Binance CEO Changpeng Zhao issued a stark warning to respect the market, with a level of caution. Binance Delists COIN-Margined LUNA Perpetuals Binance is taking further steps...
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as…
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been…
Binance Halts Terra Withdrawals Amid UST Meltdown
Terras woes escalated early Tuesday as UST plummeted as low as $0.62 on Binance. Binance Responds to UST Crash Binance users holding Terra are facing a problem. The worlds top...
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