Fri, December 1

Tether CTO Paolo Ardoino Comments UST Was Just Poorly Designed

Segregation between centralized stablecoin and algorithm stablecoin. Stablecoins become harder to manage as they grow larger. Paolo Ardoino, CTO of Tether and Bitfinex, participated in a podcast by Reimagine, Web3 events & Media company,on May 17th, where he made few comments about stablecoins. Especially about Terra UST, the initiation behind

May 20, 2022 2 mins read

LUNA 2.0 – New Blockchain by Terra Without UST

During the launch, LUNA will be airdropped in major app developers of Terra Classic. Terra 2.0 is believed to be “a chance to rise up anew from the ashes”. The Terra Builder Alliance (TBA) released the announcement about the new Blockchain Terra 2.0 for the Terra ecosystem on May 17th,

May 19, 2022 2 mins read

Terra’s LUNA Downfall Crosses Over 90% In last 24HRS

Binance suspended the withdrawal in the Terra network due to high traffic in the environment. Traders worry LFG may sell BTC in the reserve to stabilize the current situation. The crypto market as a whole is facing a  massive downfall for the past few days, every other coin has been

May 11, 2022 2 mins read

Terra’s Prudent Steps to Protect Its Ecosystem from Market Variability

Lending BTC and UST to maintain consistency in LFG Reserve Pool. Attain a $10 Billion BTC target by the 2022 third quarter-end. The LFG, the company backing Terra, has tweeted about their preventative action to avoid future market instability like the one they faced during the previous week. Insights on

May 9, 2022 2 mins read