Tag: Terra
Tether CTO Paolo Ardoino Dispels USDT Market Fear Amidst Rising Deposits in Curve 3Pool
Paolo Ardoino, CTO of Tether and Bitfinex, has responded to growing fears in the crypto market with an assertive tweet stating, “Markets are edgy in these days, [more…]
The Bank for International Settlements
In the days that immediately followed the collapse of the cryptocurrency firms FTX and Terraform Labs, there was an increase in the amount of trading activity that [more…]
South Korean Officials Confirm They Sent Team to Serbia to Find Do Kwon
Do Kwon, the controversial inventor of the now-defunct Terra ecosystem, is the subject of an escalated manhunt, with reports indicating that South Korean authorities have confirmed they [more…]
World Economic Forum Believes Crypto Will Remain Key Technology
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, [more…]
Algorand and MakerX Commit 1M Algo to Migrate Terra Users to Algorand
In a surprise move, the Algorand Foundation has shown commitment to helping those impacted by the Terra collapse, offering a place where developers and projects can continue [more…]
Tron Passes AVAX and SOL in TVL, Claiming 3rd Spot After 40% Increase
In a surprise to many in the crypto space, Tron has overtaken Avalanche and Solana, placing itself in the number 3 spot in Total Value Locked (TVL) [more…]
Cardano’s Hoskinson Doubles Down on Moving Slow
Pointing to Terra’s collapse, Cardano founder Charles Hoskinson reaffirms why we need to slow down in crypto. There has been a popular mantra followed by many in [more…]
Crypto Exchanges Show Support for Terra 2.0
Major exchanges have shown strong signs of support for Terra’s revival plan after a plea from Terra Founder Do Kwon to list “Terra 2.0”. The news arose [more…]
VeChain Foundation Inviting Terra Developers Over to VeChain After UST and LUNA Collapse
The VeChain Foundation has put a call out to Terra developers to join the VeChain blockchain following the disintegration of the Terra ecosystem. The Vechain Foundation has [more…]
G7 Countries Will Discuss Crypto Regulation In Next Meeting: Report
G7 countries will be discussing global crypto regulations at their next meeting later this week, says an official attending. According to a report from Reuters, France’s central [more…]
Binance CEO Changpeng Zhao Doubts Terra’s Plans for a Fork
Changpeng Zhao (CZ), CEO of Binance, has voiced his opinion on Terra’s proposal to fork its blockchain and attempt a recovery. Following the collapse of both LUNA [more…]
UK To Go Ahead With Stablecoin Regulations After Queen’s Approval
Less than a week after Terra’s $50 billion collapse, UK officials are moving forward with legalizing and regulating stablecoins. The UK’s Treasury Department said it would be [more…]
Terra Halts Blockchain Completely Following Massive Collapse
Terra halted its blockchain on Thursday evening after validators decided to try and prevent governance attacks as the severe inflation of LUNA reduced the cost of attack [more…]
The Plan for Terra’s ‘Return to Form’ After Big Collapse, According to Do Kwon
Following what may go down as the most dramatic crypto catastrophe of all time, Terra Labs founder Do Kwon has laid out the beginnings of a plan [more…]
Terra’s UST Goes On Edge of Losing Peg as Crypto Markets Dip
Terra’s UST was briefly in danger of losing its peg as crypto markets continue to dip, putting pressure on the reserve assets that back the stablecoin. As [more…]
