You Searched For "terra luna coin" and got 15 results
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2 mins read
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
1 min read
Luna is worth less than 2 cents after a single-day crash of 99% as sister coin Terra loses dollar peg
Luna lost 99% of its value and was trading at less than 2 cents per coin Thursday. The slide comes …
Brian Evans
2 mins read
Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdown
Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of old…
Hamza Fareed Malik
2 mins read
Terra Foundation adds $230 million bitcoin to its reserves to back its stablecoin
Terraform Labs co-founder, Do Kwon, announced a purchase of $230 million bitcoin on Twitter on Wedn…
Adam Morgan McCarthy
2 mins read
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
1 min read
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
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
1 min read
Luna is now the 10th largest cryptocurrency, soaring past dogecoin, avalanche, and shiba inu
Driven by DeFi traders, Terra's cryptocurrency has rallied 12,000% in a year, according to CoinGeck…
Natasha Dailey
2 mins read
Billionaire founder of crypto exchange Binance says he's 'poor again' after its luna holdings once worth $1.6 billion — crashed and are now worth just $2,200
It's likely that Changpeng Zhao meant it as a joke as he remains a billionaire, but luna's meltdown…
Weilun Soon
2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
2 mins read
Circle CEO says Terra's implosion has given lawmakers the impetus to speed up crypto regulation
Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal gover…
Zahra Tayeb
1 min read
The SEC is investigating if TerraUSD's marketing violated investor protection regulations, report says
Terraform Labs is the firm behind TerraUSD, a stablecoin that sent shockwaves throughout crypto mar…
Brian Evans
3 mins read
A controversial stablecoin is 'breaking the buck.' Here's what that means, and why it's such a big deal.
The TerraUSD algorithmic stablecoin dropped to as low as $0.67 in a sell-off that was sparked over …
Carla Mozée
1 min read
'Stablecoins are not stable and have no role as money'
Last month, the shocking implosion of the TerraUSD and Luna cryptocurrencies threw many young inves…
2 mins read
Ethereum cofounder Vitalik Buterin wants average Terra holders to be compensated via 'coordinated sympathy' after the stablecoin's crash
The cofounder of the world's second-largest cryptocurrency called for "smallholders" of TerraUSD to…