Cryptocurrency News
The Terra blockchain recently faced a significant exploit, resulting in the theft of approximately 60 million $ASTRO, 3.5 million $USDC, 500,000 $USDT, and 2.7 $BTC. The attacker leveraged a reentrancy vulnerability in the timeout callback of ibc-hooks, a flaw that was disclosed back in April this year. Terra blockchain was […]
In the past few weeks, the Terra ecosystem has demonstrated impressive performance, outshining broader market trends with significant gains. During November, Terraform Labs, overseeing Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) altcoins, distributed over $17 million across various liquidity pools. This strategic move, including allocations like $1.5M for LUNA/axlUSDC, $1M […]
Recently, Binance, the world’s leading cryptocurrency exchange, executed the 16th batch of Terra Classic ($LUNC) burning. This resulted in the incineration of a staggering notable 3.9 billion LUNC tokens. This event, the first burn since the departure of former CEO Changpeng Zhao, has triggered remarkable shifts in the $LUNC market. […]
Luna Classic advanced bullish this week following a strong rebound last Thursday. While the price remains strong on a daily, it looks highly volatile across major timeframes following a huge gain in the past week. Lunc started to show signs of strength after establishing support at $0.000055 in October. Following […]
Recently, Binance, the world’s largest cryptocurrency exchange, unveiled the USD-M USTC Perpetual Contract with 50x leverage on November 27 via Binance Futures. The contract commenced trading at 12:30 UTC, creating ripples of anticipation and excitement within the crypto community. Notable Price Impacts of the Announcement The official announcement by Binance […]
After staying in the middle of consolidation for months, Luna broke out overnight and rallied heavily near $0.9. The sudden price movement has brought the price out of the short-term bearish zone. Luna halted bearish two months ago after locating solid ground at $0.39 in August. After that, it consolidated […]
After bottoming out at $0.00002835 on May 13th, LUNA Price is pumping significantly today, peaking at $0.0007685, erasing a zero and increasing by over $1700% in the past 24 hours. The cryptocurrency is still down over 99.9% from its high of $116 on April 3rd, but those that bought it […]
After resuming its blockchain several hours ago and activating the network again, Luna continues its downwards spiral, closing in on Shiba Inu prices. The cryptocurrency lost billions in market capitalization within a few days, leading to one of the biggest market collapse crypto markets have seen to date. Investors are […]
After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users to bridge off-chain assets, such as bETH, to their native chains. The tragic turn of events causing thousands of users […]
Terra has been one of the top-performing crypto ecosystems in the past few weeks. LUNA almost doubled in price since February 20th, when it bottomed out at $49. All eyes are on the Terra – Luna ecosystem, and we’ve seen many Terra-based altcoins see significant price gains in the past […]
New year, new dreams, new chances. While Bitcoin struggles at around $40,000 in the middle of January 2022, we are looking for some promising alts, and let us tell you where we see the next ’boom.’ Coins on a TOP exchange are often already so profitable that you wish you […]
After last month’s crypto and NFT boom, cryptocurrency markets continue to show bullish momentum. With the global cryptocurrency market cap at $2.6 trillion, it’s clear that crypto is here to stay. In this article, we take a look at the top 5 cryptocurrencies that gained the most price this week, […]