A crypto custodian, which was placed under receivership in July, incurred a loss of $76 million due to a separate wallet mishap in 2021, as stated in a court submission.
Terraform Labs contended that the sale of UST to retail investors did not involve any contractual obligations.
Open interest has experienced a remarkable upswing, reaching an impressive $11 billion, marking its highest level in over a year.
Terra aims to build a new financial infrastructure that works better for everyone. The network is powered by a family of stablecoins, each pegged t...Read more
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can...Read more
Terra produces its own wallet software that is available for download on its website , which allows you to store Terra on your computer. For maxim...Read more
One Terra (LUNA) is currently worth $1.63 on major cryptocurrency exchanges. You can also exchange one Terra for 0.00007704 bitcoin(s) on major exc...Read more
Terra is a proof-of-stake (PoS) currency, which means that blocks on the Terra blockchain are not mined using hashing algorithms like Bitcoin. Rath...Read more
The Luna crypto network collapsed in what’s considered the largest crypto crash ever, with an estimated $60 billion wipeout, shaking the global digital currency market. There are two stories regarding Luna crypto: the TerraUSD/UST stablecoin and the actual Luna coin.
Terra network and its leader, Do Kwon, rose to prominence in the cryptocurrency world over the course of four years, all ending in a disastrous fall from grace. The Luna crypto network collapsed in what’s considered the largest crypto crash ever, with an estimated $60 billion wipeout, shaking the global digital currency market.
A name on the Interpol's wanted list and a Korean police alert for Terra co-founder Do Kwon’s whereabouts are unlikely to cause havoc to the broader crypto markets, two markets observers told CoinDesk on Tuesday.
“In my opinion, Terra doesn’t present systemic risks to the broader crypto markets, especially with regard to investments in the sector,” Victor Young, software architect at blockchain network Analog, told CoinDesk, pointing to the overall perception of cryptocurrencies remaining positive among investors.
Terra Luna Classic burns are going to be a big part of the LUNC rebuilding process! LUNC burn proposals are passing with over ...
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