Cryptocurrency News
The Terra Luna 2.0 Revival Plan has officially passed with over 65% voting in favor of the vote, 20.98% voting to abstain, 0.33% voting no, and 13.20% voting no with veto. This means a new Terra chain will be created, and Luna will be airdropped across LUNA Classic stakers, holders, […]
Terra LUNA’s price is up over 59% today, currently trading at $0.0001912, surpassing $1.2 billion in market capitalization. The recent price hike for LUNA is most likely due to Terra’s Founder, Do Kwon’s statements yesterday, responding to accusations and questions from the community, which put the market at ease. Let’s […]
After two days of silence, Do Kwon, the founder of Terra Luna, took to Twitter to respond to various questions and accusations from the community, discussing multiple issues regarding his proposal to fork the Luna network and clarifying his whereabouts. Terra Luna Revival Plan 2 Luna’s second proposed revival plan […]
1. What happened to Terra? Terra, the most famous algorithm stable coin project in the cryptocurrency market, experienced a disastrous downside during the past week, which also caused a crash in the whole market. Till May 18th, the negative deviation of Terra’s stable coin called UST has been near 90% […]
After an uncertain last week and with LUNA’s price dropping below 1 cent, Do Kwon, the founder of Terra Luna, announced a new revival plan on Twitter. A new governance proposal #1623 suggests renaming the existing network to Terra Classic, renaming LUNA to LUNA Classic, and birthing a new blockchain. […]
After UST de-pegged on May 9th, causing a cascade effect of billions of LUNA minted, the Luna Foundation Guard disclosed what happened precisely to their reserves which were meant to stabilize UST, keeping it pegged to USD. Let’s look at LUNA and UST and any related news this morning. Luna […]
After the UST de-peg, which occurred on May 9th, LUNA and UST prices continued to drop, hitting new all-time lows day after day. While several influencers are urging investors to purchase LUNA at such low prices, the truth is that investor confidence in the cryptocurrency is lost, and users need […]
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 a coordinated attack last week that de-pegged the TerraUSD stablecoin, LUNA was sent into freefall as more and more coins were being minted to attempt to re-stabilize UST. Unfortunately, this caused a vicious cycle that pushed LUNA’s price to worthless levels, effectively wiping out billions of dollars worth of […]
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 […]
After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those traders that attempted to buy the dip when LUNA dipped below $1 […]
Even with Bitcoin’s price destabilization over the past week, most of the attention is on the abysmal price performance of Terra Luna, which is down 93%, and UST, whose price is supposed to stay pegged to USD but currently trading at 70% below at $0.3. The founder of Terra Luna, […]
With the recent crypto bloodbath, most cryptocurrencies are down roughly 20% this week. However, Terra Luna has been down over 78% in the past seven days, and its stablecoin TerraUSD (UST) is down over 19%, currently trading at $0.80. This article looks at what’s going on with Terra Luna and […]
With President Biden recently signing an executive order regarding cryptocurrencies, the crypto market responded with a sharp drop in response to the potential increase in the government’s involvement with the industry. It’s clear that whenever a government entity involves itself with financial markets, the underlying markets end up suffering immensely. […]
Terra Luna has been performing exceptionally well today, rising from a low of $84 and peaking at $104. Is this the beginning of a bull market for Terra? Let’s look at what Terra Luna is precisely and why the price is rising so much? What Is Terra Luna? The Terra […]
Terra Luna is one of the most underrated blockchains in crypto right now. It features a robust ecosystem consisting of Marketplaces, DeFi platforms, NFTs, Metaverse projects, and much more. This article looks at StarTerra, the first gamified Metaverse NFT launchpad on the Terra – Luna blockchain. Let’s take a closer […]