Wed, November 6

Search Results for: Terraform Labs

Top 3 DeFi Projects by Social Activity: LUNA, XTZ and SFM

Let us look at the top 3 DeFi projects by social activity as per CryptoDep. Terra Classic (LUNA) After the Terra community accepted Do Kwon’s rebirth plans, many major crypto exchanges reported they were already prepared to offer Luna 2.0. Luna and UST’s worth were shattered when UST lost its

May 26, 2022 2 mins read

Do Kwon Approached Top Exchanges in Korea to List $LUNA 2.0

As a matter of fact, the crypto fever started earlier this month and the panic level raised among the entire crypto market. Being in this state, $LUNA – a popular crypto token which was waving its flag high, suddenly dropped down hitting to the lowest at $0. As soon as

May 25, 2022 2 mins read

Intruder to Terra LUNA Founder Do Kwon’s House Arrested

The Terra LUNA and UST  dead down to $0, obviously could be the most highlighted tragedy upon the crypto industry for the year 2022. Many who were rich, came down crumbling.  The Bitcoin (BTC) being tragically falling below $30K, waved the entire crypto industry too. Both from the stables of

May 25, 2022 2 mins read

Top 3 Trending Crypto Searches Today on CoinGecko as per CryptoDep

Terraform Labs CEO Do Kwon has the backing of 85 million community votes. Illuvium has been down 2.38% in the last 24 hours. Let us look at the top 3 trending crypto searches today on CoinGecko as per CryptoDep. ⚡️Trending Searches by @CoinGecko 18 May 2022$LUNA $ILV $GMT $SOL $FTM

May 18, 2022 2 mins read

US CRS Reports Improper Regulations on Stablecoins, Amidst UST Crash

The US CRS  puts out a report on the UST crash. Shows regulatory unfulfillment with stablecoins. New fork to be out by Terra LUNA. The downfall of Terra’s UST and LUNA ought to be the hottest topic for the year 2022, so far. Amidst such unimaginable fall, regardless of the

May 17, 2022 2 mins read

Billionaire Novogratz Is At Loss Due To LUNA’s Freefall

Galaxy Investment Partners suffered a 12% decline at the beginning of Q2. Mike Novogratz called Bitcoin a “macro-bet”. Billionaire Mike Novogratz, one of the prime movers of LUNA, is now pulled into the coin’s wild crash picture. Galaxy Digitals CEO’s affinity towards the sinking coin caused panic among investors and

May 14, 2022 2 mins read

LUNA Causes a Catastrophe in the Terra Ecosystem

The price of LUNA dropped 98% in the last 24h. Terra’s recovery strategy proposals are under high criticism.  The downtrend of Terra (LUNA), the native coin of the Terra ecosystem, has gained rapid momentum, driving it to drop unimaginably to its all-time low. At the time of writing, according to

May 12, 2022 2 mins read

Luna Foundation Guard Offers $1.5B For Stablecoin Peg Following Deviance

Anchor’s total UST deposits dropped from $14 billion to a little over $11 billion. Terraform Labs is responsible for the whole Terra ecosystem’s operation and power. The algorithmic stablecoin backed by the U.S. dollar, UST, will be supported by $1.5 billion in bitcoin and terraUSD from Luna Foundation Guard (LFG)

May 10, 2022 2 mins read

Terra Co-founder Do Kwon Announces Addition of $100M Worth Bitcoin

Earlier this week, Terra completed a $176 million acquisition. LFG purchased Avalanche (AVAX) coins for $100 million last week. Announcing the purchase of another $100 million in Bitcoin, Terraform Labs co-founder Do Kwon took to Twitter. 42,406 Bitcoins worth $1.7 billion are presently in the LFG’s Bitcoin wallet. Earlier this

April 13, 2022 1 min read