Cryptocurrency Analysis and News Portal
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later
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Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of Terra’s new chain, Terra 2.0, which aims to revive the fallen Terra (LUNA) and TerraUSD (UST) ecosystem. Kwon’s revival plan for Terra involves hard forking the existing blockchain and reissuing LUNA tokens to existing investors based on a
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The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the country following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). Korean Government’s Meeting With Cryptocurrency Exchanges The South Korean government is shifting responsibility for the crash of cryptocurrency terra
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Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to offer volatility up or down.BTC/USD 1-day candle chart (Bitstamp). Source: TradingView"Not the decoupling we wanted"Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency sticking in a narrow short-term range into the weekend.Previously forecast support
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“If you move too quickly … everybody loses their money,” says Hoskinson, who will speak at Consensus 2022 next month. Original Source
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Los titulares de LUNA y terraUSD (UST), una stablecoin vinculada al dólar estadounidense, son elegibles para recibir nuevos tokens LUNA de manera conferida en función de sus tenencias anteriores. Esto, en teoría, permitiría a los antiguos titulares recuperar parte del valor de inversión perdido al tiempo que incentivaría el uso
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Holders of LUNA and terraUSD (UST), a U.S.-dollar pegged stablecoin, are eligible to receive new LUNA tokens in a vested manner based on their previous holdings. This would, in theory, allow old holders to regain some of their lost investment value while incentivizing usage of the new blockchain. Source
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Bitcoin on-chain activity has fallen into the red after the infamous LUNA collapse. The collapse had no doubt reduced faith in the cryptocurrency market and has seen investors significantly reduce their activity in the space. This has led to losses across the board for miners as fee revenues, transaction volumes,
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According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been amended and the final release of
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Un snapshot —es decir, un registro del estado de una blockchain en un momento específico— permitirá a Terra enviar los tokens LUNA recién emitidos a los titulares de los antiguos LUNA. Esto, en teoría, permitiría a los antiguos titulares recuperar parte del valor de inversión perdido al tiempo que incentivaría
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