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The Terra fiasco has had terrible consequences for numerous investors around the globe. One of them was reportedly the Ukrainian citizen – Yuri Popovich – who invested approximately $10,000 (all…
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded…
The much-anticipated launch of Terra’s new blockchain took place today, as planned. The network has produced its first block, and additional services are expected to go live soon. Terra’s team…
Vitalik recently shared his thoughts on the future of algorithmic stablecoins in the wake of TerraUSD’s failure. While he believes that skepticism and scrutiny of existing protocols is “highly welcome,”…
The past week saw a new trend starting to take shape within the cryptocurrency markets – one where Bitcoin remains relatively stable, whereas altcoins suffer. This has had its own…
The developments surrounding Terra’s ecosystem keep coming in. After voting for a revival plan that would see the fork of a new chain without the algorithmic coin, the community has…
After the community voted in to have the terra ecosystem essentially forked without the algorithmic stablecoin, the team has now revealed the launch date for the protocol and the LUNA…
PeckShield – blockchain security and data analytics company – has identified scammers sending so-called “Wrapped LUNA 2.0” tokens to high profile Ethereum addresses. The ploy is meant to imitate the…
Over the past couple of weeks, the crypto world was shaken by the sudden collapse of the Terra ecosystem. After its algorithmic stablecoin (UST) lost its dollar parity, everything came…
Do Kwon’s proposal to revive the beleaguered Terra blockchain has been approved. The controversial Terra proposal 1,623 received a 65.5% approval rate with over 200 million votes in favor. While…