Terra Founder's UST Rescue Plan Fails To Stop LUNA's Death Spiral

Terra Founder’s UST Rescue Plan Fails To Stop LUNA’s Death Spiral

Terra (LUNA) mayhem continues amid Terra USD 'de-pegging' debacle with LUNA plunging into the abyss depreciating more than 96 per cent over the past...
Terra's Proposal 1299 Approved but Not Executed Due to Technical Problems

Terra’s Proposal 1299 Approved but Not Executed Due to Technical Problems

There was a 95% Yes vote on the proposal 1299 to (re)enable IBC over the weekend in the Terra ecosystem, whereas there was a...
Vitalik Buterin, Justin Sun and CZ Supports Proposal to Prioritize Small UST Wallets to Compensate for Losses

Vitalik Buterin, Justin Sun, and CZ Support Proposal to Prioritize Small UST Wallets to...

Twitter user @PerisnCapital, suggested an improvement to the state of the UST coin. The proposal has the backing of many big names in the...
Terra 2.0 Will go live on May 28th, 2022 at around 06:00 AM UTC

Terra 2.0 Will Go Live on May 28th, 2022 at Around 06:00 AM UTC

On May 27, LUNA 2.0 was scheduled to be distributed through a public airdrop. There has been an announcement from Terraform Labs, however, that...
Avalanche Founder Says What Happened to Terra Could Be Equated to What Happened to MT.Gox

Avalanche Founder Says What Happened to Terra Could Be Equated to What Happened to...

The cryptocurrency market witnessed a collapse of Terra LUNA and UST tokens in a short period of time. This crash shook the whole crypto...
Terra Community To Burn 1B UST In Order To Restore UST Dollar Peg

Terra Community To Burn 1B UST In Order To Restore UST Dollar Peg

The Terra community has just passed a governance vote to burn 1.388 billion UST tokens from the project’s community pool and UST deployed for...
Luna Foundation Guard Talks About the Status of Their Reserves

Luna Foundation Guard Talks About the Status of Their Reserves and How to Compensate...

Over the past ten days, Terra has remained in the headlines for all the wrong reasons. The crashing of LUNA and UST, along with...
Terra (LUNA) Drops Another 90% to Below $3

Terra (LUNA) Drops Another 90% to Below $3

Terra (LUNA), plunged more than 90 per cent in the last 24 hours amid a global cryptocurrency market crash. Terra ecosystem's stablecoin TerraUSD is...
Do Kwon Answers Various Questions Through Twitter

Do Kwon Answers Various Questions Through Twitter

Do Kwon, known as the master of stablecoin Luna and the co-founder of Terraform Labs, answered some questions and criticism about himself and the...
Terraform Labs CEO Do Kwon Could Be Charged With Ponzi Fraud

Terraform Labs CEO Do Kwon Could Be Charged With Ponzi Fraud

In a recent development, it has been established that the prosecutors could move to bring Ponzi fraud charges against the CEO of Terraform Labs,...

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