New Episode for Soap of the Year Do Kwon and Terra Luna: Laundering and Price Manipulation – BeinCrypto

Do Kwon and the Terra ecosystem have not finished spilling ink on the implosion of the project and the nefarious role of the founder of TerraForm Labs, which affected the entire cryptocurrency industry. According to new information that has recently surfaced, the Terra Luna scandal is expanding to new horizons after additional revelations. Prosecuted or … Read more

Is Celsius Network collapsing like Terra’s LUNA? | Cryptocurrency

The Celsius Network token plunged nearly 40% overnight after the project locked up more than $12 billion in cryptocurrency assets. Due to extreme market conditions, Celsius has suspended all withdrawals, trades and transfers between accounts. Experts note that Celsius Network has consistently pulled out of its DeFi positions to stake stablecoins and recover from the … Read more

Cardano’s Charles Hoskinson Approaches Vasil’s Hard Fork With Caution Following Collapse of Terra’s LUNA and UST | Cryptocurrency

Cardanos Charles Hoskinson Approaches Vasils Hard Fork With Caution Following

Charles Hoskinson, the founder of Cardano, recently revealed that the collapse of LUNA has prompted a change in the upcoming Vasil hard fork of the altcoin. According to a recent survey, Cardano is the most widely held cryptocurrency in the ongoing bear market. Analysts are predicting a further correction in Cardano’s price, as the altcoin … Read more

After a strong start, LUNA 2.0 drops 80% on its first day of release – Mirror Online

Heres why the Sandbox cryptocurrency is on the rise today

Facebook Twitter Messenger WhatsApp LinkedIn LUNA 2.0 plummets 80% just hours after trading began. LUNA 2.0 is in the innovation zone on the world’s largest crypto exchange, Binance. Pricing for LUNA 2.0 is $5.75 at press time. On May 28, the new LUNA 2.0 channel went live, and an airdrop of the new crypto was … Read more

India’s Central Bank Governor Warns Against Crypto After Terra LUNA, UST Collapse

Indias Central Bank Governor Warns Against Crypto After Terra LUNA

India’s central bank, the Reserve Bank of India (RBI), has warned against investing in the crypto market following the collapse of the cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We warned against crypto and look at what happened to the crypto market now,” Governor Shaktikanta Das said. RBI Governor on the Crypto Market and Regulation … Read more

Luna Classic (LNC): a speculative asset and “meme” currency

Luna Classic LNC a speculative asset and meme currency

Luna Classic (LUC) tokens from the old Terra blockchain – now known as Terra Classic – continue to circulate and remain available on many exchanges. But with the algorithmic stablecoin terraUSD (UST) trading well below its parity against the dollar, and the ecosystem migrating to the new Terra blockchain, does LUNC still have any use? … Read more

Scam Alert: How to Avoid Trouble When Airdropping Terra’s LUNA 2.0 | Cryptocurrency

Scam Alert How to Avoid Trouble When Airdropping Terras LUNA scaled

Terra’s LUNA hard fork is scheduled for May 28, followed by the launch and airdrop of LUNA 2.0. Security firm Blockchain has identified scammers sending Wrapped LUNA 2.0 to Terra Deployer, airdrops to Vitalik Buterin and Justin Sun. Terra core developers have received governance approval to burn 1.3 billion UST, or 11% of the community … Read more

The Creators Of Terra And Luna Relaunch Cryptocurrencies, And Critics Are Furious

Placeholder while loading article actions When two cryptocurrencies crashed about three weeks ago, the effects were devastating. Their collapse caused over $500 billion in losses to the broader crypto market. Many investors have seen their savings evaporate. Others have retained suicide. People have called for criminal investigations into the company behind it all and government … Read more

Luna Classic (LUC) Pricing Error Leads to Mirror Protocol Exploit | Cryptocurrency

An error in the oracle software pricing for Terra Classic validators opened the door for an exploitative to drain four pools of synthetic assets from the mirror protocol. An inconsistency in the reported price of the underlying assets on the synthetic assets of the DeFi Mirror Protocol platform has caused an ongoing exploit that has … Read more

Terra gets a second life with the commissioning of the new LUNA 2.0 blockchain | | Cryptocurrency

Terra’s new blockchain has launched on the mainnet and is currently generating blocks, according to Terraform Labs CEO Do Kwon. The new chain aims to revive the Terra ecosystem after its UST algorithmic stablecoin implosed a few weeks ago. The collapse of Terra tokens wiped out some $40 billion in market value. Following this fiasco, … Read more