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Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s…
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions…
The Terra 2.0 mainnet (Phoenix-1) went live today as per the original timeline set by Terra developers and started producing blocks.
The blockchain went live with an airdrop of new LUNA tokens earlier this morning. Terra Attempts Revival The new Terra blockchain is live. Terraform Labs took to Twitter today to...
The launch of the new LUNA mainnet comes as problems persist for other well-known altcoins.
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions.
A new Nansen report argues that on-chain metrics show seven different wallets destabilized UST by selling large amounts of the coin into relatively illiquid Curve liquidity pools. However, the report...
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022.
Blockchain analysis firm Nansen identifies two major takeaways following Terra's UST algorithmic stablecoin collapse.
MEXC Global has pledged to do a month-long buyback and burning to reduce the circulating supply of the old Terra markets.