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Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse

"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…

Carla Mozée   


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3 mins read

WazirX, CoinDCX and CoinSwitch Kuber delist Terra's stablecoins from their platforms

Terra has two tokens, calle UST and Luna. The UST token is a stablecoin whose price is maintained u…

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This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem

For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…

Matthew Fox   


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These were the 5 worst performing cryptos over the past week amid stablecoin collapse

With more than 19,000 cryptocurrencies in existence and counting, there are more than triple the nu…

Matthew Fox   


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TerraUSD founder Do Kwon mocked an economist for being 'poor' after she criticized his cryptocurrency — which is now collapsing

Crypto entrepreneur Do Kwon's TerraUSD and luna tokens are crumbling, despite his insistence that c…

Harry Robertson   


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TerraUSD stablecoin tumbles and luna token plunges 97% as rescue attempts fail to avert 'death spiral'

The crash in supposed stablecoin TerraUSD has caused dismay in cryptocurrency markets, and comes du…

Harry Robertson   


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Terra cofounder Daniel Shin targeted for arrest again in South Korea's crypto crackdown

South Korean prosecutors are doubling down on efforts to arrest Terra's Daniel Shin, following frau…

Zinya Salfiti   


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Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies

Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…

Business Insider   


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US prosecutors charge crypto Terra founder Do Kwon with fraud following his Montenegro arrest

US fraud prosecutors charged Terraform Labs CEO Do Kwon with an eight-count indictment, including s…

Zinya Salfiti   


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The Terra LUNA crypto crash has sparked the debate on ‘true’ decentralisation

The prices of Terra’s UST and its sister currency LUNA crashed last week, bringing the whole crypto…

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To the moon? Terra's luna crypto coin has shot up almost 80% in a week, vaulting past shiba inu and avalanche

This lesser-known DeFi token has gained 80% in a week, surging past shiba inu, thanks to an upcomin…

Amanda Cooper   


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The biggest gains in value and popularity among cryptocurrencies have been led by altcoins this year — here are 5 biggest winners in 2021

Shiba inu topped BrokerChooser's analysis of the biggest gainers in price and popularity terms in t…

Carla Mozée   


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The Terra blockchain will split and effectively ditch its native stablecoin in the wake of its collapse

Terra will split its original blockchain after its native stablecoin lost its peg to the dollar. Th…

Brian Evans   


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Crypto mystery: Around $3.5 billion worth of Bitcoin in Terra has just disappeared

The global crypto mayhem last week wiped out Bitcoin worth $3.5 billion -- created to defend and su…

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Terra’s Do Kwon accused of siphoning funds from network before the crash, again

A host of users, led by a Twitter user called FatManTerra, have accused the founder of draining the…

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Terra's LUNA token continues to hold its own even in a crypto bear market — here's why

Terra’s LUNA cryptocurrency is the only major player in the space to gain above 3% in the last 24 h…

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1 min read

Billionaire investor Bill Ackman says Terra's algorithm sounds like the 'crypto version of a pyramid scheme'

Ackman tweeted his disapproval of Terra, suggesting that the crypto industry should "self-regulate"…

Cheryl Teh   


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Luna founder proposes hard fork to correct design flaws in ecosystem

Luna’s founder wants to make changes to the blockchain platform in hopes of correcting possible fla…

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MoneyGram wants to use stablecoin USDC to 'build a bridge to crypto' for money transfers — even after the Terra meltdown

Meanwhile, MoneyGram wants to get involved in bitcoin transfers to El Salvador, CEO Alex Holmes tol…

Zahra Tayeb