Terra LUNA fork voting in chaos amid massive inflation
The governance of Terra Luna is showing major signs of weakness in the final days of what will become Luna Classic
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The governance of Terra Luna is showing major signs of weakness in the final days of what will become Luna Classic
Liam 'Akiba' Wright 5 min read
Nox Bitcoin, a Brazilian crypto exchange, said it will allocate roughly 620.000 Brazilian reais to reimburse customers who incurred losses associated with the UST de-peg
Being the third largest stablecoin by market cap, why did the algorithmic stablecoin UST experience such a severe price de-anchoring?
CZ asserts that crypto projects must learn to always communicate with their communities, especially in times of crisis.
The 2022 crypto crash has deleted approximately $1 trillion from the market capitalization of the nascent sector.
Stablegains allegedly invested investor funds in Anchor Protocol without informing them and lost roughly $42 million when Terra LUNA collapsed along with its UST stablecoin.
FTX launches its US equities trading service, accepting payments in both stablecoins and US dollars.
Tether quarterly report indicates that it is still fully backed by cash and cash equivalents including commercial paper and US treasuries.
The voting to fork Luna is underway and is just 13% shy of being vetoed by the community and thus failing