Backers of Terra have voted to revive the failed cryptocurrency venture without its controversial UST stablecoin. The proposal would lead to the creation of a new Terra blockchain and its associated ...
If you put $1 under your mattress, you know you’ll get $1 back when you go looking for it. When you deposit $1 with a bank, you can be pretty sure you’ll get it back even if they do more with it than ...
Terra (LUNA) recently saw a huge surge in its price, which has mostly faded away. Nonetheless, the rally might have given investors hope of a sustained recovery. While there have been positive ...
The implementation of proposal 1747 will result in a reduction of UST’s supply by about 11%. The community hopes that the burn will also reduce the selling pressure on the LUNA token. Get more ...
After shaking the cryptocurrency market to its core, the developers of the Terra (CRYPTO: LUNA) blockchain are set to launch the LUNA 2.0 token on Friday. What Happened: The new token will be launched ...
The purpose of the sale was to create a Bitcoin denominated forex reserve for the biggest stablecoin on the Terra chain, TerraUST. Terra stated that the decision to develop a forex reserve for UST was ...
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Terra Tokens, including UST, LUNA ...
LUNA and UST are essentially a pair. They are intertwined and this point is extremely important to remember. If something happens to one or the other, both are impacted. Stablecoins are traditionally ...
A federal judge sided with the U.S. Securities and Exchange Commission in a fraud case against failed blockchain company Terraform Labs Pte. Ltd. and its Chief Executive Do Kwon, ruling that two ...