Circle CEO Jeremy Allaire described Terra as a house of cards
Because Terra and algorithmic stablecoin UST were “a house of cards,” Jeremy Allaire, CEO of Circle, which produces the second-largest stablecoin USDC, claims.
Crypto News
Crypto News
Terra begins voting on Do Kwon’s idea to revive LUNA
A vote on Terraform Labs CEO Do Kwon’s “updated and final” Terra revival plan was posted at 7:17 p.m. Hong Kong time on.
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After the UST crash, Terraform Labs’ legal team resigned
After a supposed change in job status for several employees of Terraform Labs’ legal team, the ongoing saga with Terraform Labs, the blockchain.
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Terra Reserves are on their way, according to a (LFG) Luna Foundation guard member
According to a high-ranking member of the Luna Foundation Guard (LFG), the foundation’s reserves are almost ready to be deployed, missing a few.
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Crypto.com unblocks users and reverses LUNA deals that went wrong
As Terra’s death spiral saw an unrecoverable price drop of LUNA and stablecoin UST, Crypto.com was one of the only crypto exchanges to.
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LUNA increases by 700x after massive dump
After losing nearly half of its value in a week, LUNA experienced a small return compared to its all-time highs around $100, but.
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The Terra Network has been halted for the second time in the last 12 hours
On Friday, the Terra blockchain was suspended for the second time in 12 hours, as developers sought additional time to devise a recovery.
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Trading pairs TerraUSD (UST) have been delisted by Binance.
A number of trade pairs tied to TerraUSD (UST), an algorithmic stablecoin that has been in freefall since earlier this week, will be.
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Do Kwon, CEO of Terraform Labs, reveals a plan to reinstate the UST peg
Do Kwon, CEO of Terraform Labs, has laid out his strategy for helping the stablecoin TerraUSD (UST) reclaim its dollar peg. He stated.
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Korean crypto exchanges have issued cautionary statements on trading Luna
Following the crypto’s recent price drop, South Korea’s major exchanges have issued warnings about trading Luna (LUNA). Luna’s price has dropped 87 percent.