Early Voting on Terra Fork Reveals 85% Support
Terra governance is currently voting on whether to split the blockchain. So far, there is 85% support and 13% opposition. Terra Chain Split Gets 85% Support Earlier this week, Terraform...
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Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine?
After an earthquake, there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed.
Early polling from Terra vote indicates 91% are in favor of ‘rebirth’
Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens.
Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview.
Terra Investors Reportedly Preparing to Sue Do Kwon for Fraud
The South Korean law firm LKB & Partners is reportedly preparing to sue Terraform Labs co-founder and CEO Do Kwon for fraud on behalf of investors financially harmed by Terras...
Terra at the Crossroads: Major Validators Support Fork but Community Is Resistant
Several Terra validators have signaled their support of Do Kwon’s plan to launch a new blockchain that would eschew the UST stablecoin. Much of the community, however, has expressed hesitation....
Bitcoin is discounted near its ‘realized’ price, but analysts say there’s room for deep downside
On-chain data suggests Bitcoin price is discounted, but analysts caution against expecting a rapid recovery.
Crypto users react to Terraform Labs legal team purportedly leaving company
Many on social media called for legal action against Do Kwon, while others speculated the potential departure of the legal team could have been over concerns about money.
South Korean Authorities Commence Probes Into Terra Crisis
According to local media reports, two South Korean financial agencies have launched emergency inspections into local crypto exchanges in response to Terras dramatic collapse. A South Korean parliament member has...
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details.
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