After two linked cryptocurrencies collapsed and became almost worthless, a plan emerged to create a new blockchain for the luna cryptocurrency. Seth Green’s NFTs were stolen in a phishing scam. Nike and…
Tag: Luna
Taking a deeper look into the UST-USD decoupling and how LUNA plummeted by 99%
TerraUSDT (UST) is (though “was” might be better)an algorithmic stablecoin whose stability mechanism stemmed from the promise of a payout with LUNA. Having traders mint and burn tokens as needed to ensure…
LUNA holders may veto the live vote to fork the Terra network
The TerraBuilderAlliance, Do Kwon, and others in the community have agreed upon a proposal to fork Terra Luna to attempt to salvage the Terra ecosystem. The voting is now live on Terra…
Terra ecosystem to vote on a fork to create Luna Classic and Luna Core
Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2.” In it, he has outlined an updated version of his original plan, which described forking…
LUNA Investors ‘Suicidal’ After Crypto’s Collapse – Do Kwon Says He’s ‘Heartbroken’
Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. The…
Luna Foundation Guard just moved $1.4 billion Bitcoin to an exchange
The Luna Foundation Guard is moving billions of Bitcoin across the blockchain.The wallet address “bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q” held 42,530 BTC but today, May 9 at 6:34 PM UTC the wallet was emptied. The address…
TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%
A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. This happened in tandem with…
Luna Foundation Guard becomes top 10 Bitcoin holder
The Luna Foundation Guard has purchased another 37,863 Bitcoins taking them into the top 10 Bitcoin holders in the world. In a Twitter thread, they announced, “The LFG has acquired an additional…
Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC
Summary: The Luna Foundation Guard has bought an additional 37,863 Bitcoin worth $1.5 billion The purchase is in line with Do Kwon’s goal of backing UST with digital asset reserves worth $10…
NFTs and the Global Metaverse Marketplace with Luna Market
In this session, we discuss the following: The role and value of NFTs in monetising the Metaverse How the blockchain, cloud computing, cryptocurrencies, and other emerging technologies promote interoperability for Metaverse infrastructure…
