Crypto News in 60 Seconds
May 30, 2022
Hours after its launch, LUNA 2.0 sees a significant price drop. After the LUNA 2.0 cryptocurrency experienced a significant market decline hours after its introduction, Terraform Labs’ stablecoin TerraUSD (UST) and its native token Terra (LUNA) went on a rough road to recovery. TerraForm Labs successfully issued fresh LUNA coins to LUNA Classic (LUNAC) […]
May 27, 2022
Bitcoin’s dominance rises after the Terra LUNA fallout, while Ethereum’s value falls Following the Terra LUNA and UST debacles, digital currency markets have seen a 6.93 percent reduction in value, from $1.356 trillion on May 22 to $1.262 trillion today. In the midst of the chaos, bitcoin’s market share has risen to 43.8 percent, its […]
May 17, 2022
Terra Community to Vote on Chain Forking — Airdrop a Billion New Tokens to Network Participants in May Following Terra’s UST implosion, Do Kwon, the blockchain project’s founder, has been actively debating Terra ecosystem resurrection strategies, and one specific proposal will be voted on May 18. The goal is to fork the blockchain into […]
May 15, 2022
Terra’s (LUNA) trading volume has increased by 200 percent as the market adjusts to the death spiral. Despite the hazards, Terra’s ‘crazy volatility’ remains an appealing market for many short-term investors, owing mostly to LUNA’s 600% rise in value on May 14. It just took seven days for the Terra (LUNA) ecosystem to collapse, […]
May 13, 2022
‘A Dark Day for Crypto’ – An In-Depth Look at the Destroyed Terra Token Ecosystem and Damaged Apps People became concerned about the Terra-based stablecoin terrausd (UST) five days ago when it deviated slightly from the $1 parity. At the time, rumours and conjecture about Terra’s stablecoin collapsing spread like wildfire. Do Kwon, […]
Binance has halted LUNA and UST trading due to Terra blockchain concerns. Following the stopping of the Terra blockchain, Binance stopped LUNA/BUSD and UST/BUSD on its spot trading platform. Following the huge drop of the algorithmic stablecoin, global cryptocurrency exchange Binance has halted trading pairings with the Terra ecosystem’s cryptocurrencies, LUNA and TerraUSD (UST), […]
April 18, 2022
Terra’s UST casts BUSD to become 3rd largest stablecoin UST market cap has risen to cast BUSD, its trading percentages are still only around the one-fifth price of the Binance digital dollar. The Terra blockchain’s algorithmic stablecoin Terra USD or UST has turned over Binance USD or BUSD to become the 3rd largest stable coin […]
March 4, 2022
The information shows that there are 226325 stakers accounting for $29.5 billion prices of locked up LUNA, stimulating the network into 2nd place for the staked price. As per the information from Staking Rewards, Terra (LUNA) has overturned ETH in terms of staked price, with the $29.5 billion prices of LUNA described in relation with […]
March 2, 2022
As per the data, a price rise in Terra’s LUNA token in the last week has made it the second-largest staked asset among all major virtual currencies in terms of entire price staked. LUNA outweighed ether, which has just above $28 billion in staked price. Information from Staking Rewards shows above $30 billion prices of […]
February 23, 2022
Singapore-based Luna Foundation Guard (LFG), a nonprofit association benefiting the development of the Terra ecosystem, has boosted $1 billion through the deal of LUNA, the native token of the Terra blockchain. The fresh funding will go towards a fresh reserve to help enhance the peg for the UST stablecoin. As per the recent statement, the […]
