Solana experienced a seven-hour blackout over the weekend. The incident marked the seventh time this year Solana had experienced a blackout. Between January 6-12, 2022, the network was plagued with an issue that caused a partial blackout of between 8 and 18 hours. The Proof-of-Stake network was overwhelmed with a …
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The Company Behind Terra USD Will Compensate Some Users
The company behind the collapsing stablecoin Terra USD (UST), Luna Foundation Guard (LFG) said Monday, May 16, 2022 it has spent most of its reserves trying to defend its dollar peg last week. LFG will use the rest to try to compensate some users who have lost. Reporting from Channel …
Read More »Terra Creator Do Kwon Announces Plan to Solve Luna Coin Problem 2022
Co-founder of blockchain Terra, Do Kwon announced a new plan to restore the ecosystem after the crash of two Terra network tokens namely Luna and Terra USD. The plan is to create a new blockchain which is a hard fork of the previous blockchain. A hard fork is a change …
Read More »Do Kwon is increasingly threatened, the US and South Korea cooperate to investigate the case of Terraform Labs
The governments of the United States (US) and South Korea have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terra usd (UST). Reporting from Bitcoin.com , Tuesday (12/7/2022), South Korean Justice …
Read More »Luna Coin Collapses more than 90 percent, this is what investors are experiencing
Terra network crypto, Luna coin is increasingly being pushed out of the top ranks of crypto. As of today, based on data from Coinmarketcap, Luna coin has fallen by 99.98 percent in the last 24 hours. Luna is currently trading at USD 0.00003628. This decline in course provides a big …
Read More »Price Prediction for Terra (LUNA) 2022 According to Experts
LUNA is the native token of the Terra network which in March 2022 saw an increase of almost 70 percent. Citing Coindesk , Staking Rewards data shows the price of the LUNA token experienced a spike over the past week in early March 2022. This made it the second largest …
Read More »LUNA Coin Dropped 90 Percent, Apparently This Is The Cause
Previously, the native token of the Terra network, LUNA Coin, fell very deep on trading Thursday, May 12, 2022. The price of LUNA coin traded below USD 1.00 and even touched USD 0.64 its lowest price since September 2021. previously entered the ranks of the top 10 crypto assets dropped …
Read More »Getting to know Luna Coin, the Terra Network Crypto that Dropped 90 Percent
LUNA Coin is currently in the spotlight because its price plunged very deep on Thursday, May 12, 2022. LUNA’s price was traded below USD 1.00 or even USD 0.3118 its lowest price since September 2021. So what exactly is LUNA Coin? Before entering into the discussion of LUNA Coin, it …
Read More »Bitcoin Holds at USD 29,392.70,Terra Drops 53 Percent
Bitcoin – Terra ecosystem native tokens recently fell more than 53 percent over the past 24 hours after UST’s Stablecoin continued to fall far short of its dollar peg. In addition there is a report that the Luna Foundation Guard (LFG), a non-profit organization founded to support the Terra network …
Read More »Terra Stablecoin Drops Had to Touch USD 0,6879
TerraUSD , one of the largest stablecoins in the world, lost a third of its value on Tuesday (10/5/2022) due to a decline in the crypto market. That spooked crypto investors and contributed to Bitcoin’s recent decline. TerraUSD, also known as ‘UST’, is a so-called algorithmic stablecoin , one of …
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