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3 mins read
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…
2 mins read
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
3 mins read
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…
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…
1 min read
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
2 mins read
Terra’s stablecoin jumps 5x valuation in 2021 – with $18 billion locked in the DeFi ecosystem
Stablecoins have sort of lost their charm over the past few years. But open source blockchain platf…
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
As Terra's stablecoin collapses and luna hits zero, the crypto project simply switches off its network
Terraform Labs has completely halted the network after luna plunged more than 99%, having earlier f…
Harry Robertson
3 mins read
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
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
5 mins read
Locked out of the Vauld: How the cryptocurrency exchange’s vaulting success unravelled
The year 2022 started well for Vauld, a Singapore-domiciled cryptocurrency exchange. It had raised …
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
3 mins read
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…
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
2 mins read
Investors ploughed $300 million into bitcoin last week as Terra's stablecoin went into meltdown
It was a "strong signal that investors saw the recent UST stablecoin de-peg and its associated broa…
Zahra Tayeb
2 mins read
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…
3 mins read
Crypto crashed this week as 2 stablecoins broke the buck. Here's what that means, and where the market goes next.
Bitcoin showed signs of stabilizing above $30,000 on Friday, but experts say this week's crash felt…
Carla Mozée
2 mins read
A collapse of Tether could be crypto's 'Lehman Brothers moment' as the world's top stablecoin begins to wobble and major tokens plummet, analyst says
"I am optimistic that [Terra's] fall would not be that catastrophic — a collapse of [Tether] …
Matthew Fox
3 mins read
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…
4 mins read
Terra is the second-biggest DeFi player in the crypto market, but it may be overvalued
Terra, whose LUNA token has been bucking the doldrums of the crypto market to barge its way into th…