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    Tag: Terra collapse

    Nearly 50 Projects Running on Failed Terra blockchain Moved to Polygon

    Cryptory.net - Dozens of projects affected by the Terra crash have collaborated to help each other move to Polygon.

    Coinbase Faces Legal Trouble for Listing TerraUSD

    Cryptory.net - A class action lawsuit was filed on June 16, alleging Coinbase failed to do due diligence when listing stablecoin TerraUSD.

    Anchor Dev Revealed Truth Behind Terra Collapse

    Cryptory.net - As revealed by an Anchor dev, Terra arbitrarily changed the UST interest rate from 3.6% to 20% right before launch to attract investors.

    After Do Kwon, All Terraform Labs Staff Face Government Investigations

    Cryptory.net - Korean authorities are reportedly summoning all Terraform Labs employees to extend the investigation.

    New LUNA Coin Terra 2.0 Down 74% After First Day of Listing

    Cryptory.net - The price of LUNA 2.0, the brand new token of the new Terra blockchain, has dropped sharply after listing on exchanges.

    Terra’s LUNA 2.0 Launch Date and Airdrop Announced

    Cryptory.net - The launch of the new chain has been pushed back one day and is now slated to go live on May 28.

    Terra-Luna Revival Plan from Founder Do Kwon Approved

    Cryptory.net - With more than 65% of all voters support, Do Kwon’s plan to revive the collapsed Terra ecosystem has been approved.

    Avalanche Ready to Work with Luna Foundation Guard Due to AVAX Dump Concerns

    Cryptory.net - Avalanche said it is always ready to work with Luna Foundation Guard on a “sensible trading strategy” if the organization makes an AVAX sale.

    Korean Investors Rushed to Catch Bottom of Luna Despite Its Collapse

    Cryptory.net - In Korea, investors continue to buy large amounts of Luna in the hope that this cryptocurrency will rise from the ashes.