Terra

182 Articles 5 Followers


Can We Trust Algorithmic Stablecoins? The Collapse of LUNA And UST

9 Jun 2022 1 minute read 2 comments Crypto Monkey

What eventually brought down UST and LUNA was a bad design of the algorithmic balance that should maintain the peg of UST to the US dollar. It was an algorithm that worked OK as long as market conditions were not very challenging . Additionally, the...

The Collapse of Terra (LUNA)

3 Jun 2022 4 minute read 0 comments MintDice.com

Last year, MintDice brought you an article regarding a newer altcoin know as LUNA, which is native to the Terra blockchain. The year since has been a wild ride for the coin, and if you’ve been watching the news, you know that it isn’t good. In May 2...

Bitcoin Rallies, Tether Dallies, and Terra Lays An Egg Named Tron (You Don't Say?)

1 Jun 2022 4 minute read 2 comments Allen Taylor

Bitcoin rallies to over $32,000. Here’s something bitcoin has never done before. Of course, May was a rough month for bitcoin, but that hasn’t stopped the world’s leading cryptocurrency from maintaining its position as the 10th most valuable asset in...

LUNA [2.0] - Hubris or guilt or...?

30 May 2022 1 minute read 0 comments CryptoEedjut

Following the emerging news of OTC bailouts of wallet holders being made above their crashing levels, the legal Team having jumped ship, the Korean Government wanting to question certain Luna employees  (or parties connected thereto) and other networ...

Luna 2.0 has no hopes apparently according to some people

29 May 2022 2 minute read 0 comments Bala

This month was the most dramatic month. We had so many incidents happening around Luna. Especially people who wanted to trade and gamble Luna after it has a massive fall. Some people say that the founder is genuine and is capable of reviving the proj...

Why Terra 2.0 Is Doomed to Fail.

29 May 2022 1 minute read 0 comments ssaurel

Life is strange sometimes. Eight days before the explosion of the Terra ecosystem, Do Kwon predicted the death of 95% of the existing cryptocurrencies. So far, nothing too serious, since Do Kwon was stating an obvious fact to me. What was more embarr...

My LUNA disappeared from Binance

27 May 2022 1 minute read 0 comments Bala

This is one of the reasons why we shouldn't be trusting an exchange. But yeah this situation is somewhat unique and we cannot blame the exchange so much. Until yesterday morning, I was able to see my LUNA balance in my Binance wallet. I was happy tha...

We Could All Use a Little FUD Now and Then ...

27 May 2022 4 minute read 0 comments Allen Taylor

Fear, uncertainty, and doubt (FUD) are not always caused by disparate voices shouting into the wind. Sometimes they’re caused by real world events, like when one of the world’s biggest crypt projects takes a face dive into the Grand Canyon. When that...

The Luna Crash Might Have Been Intentional – Here’s Why

25 May 2022 5 minute read 3 comments Mike Ermolaev

As a result of the Luna cryptocurrency and the UST stablecoin, which are both linked to the Terra blockchain, the cryptocurrency market has tanked and is struggling to recover, with some even predicting the collapse of the entire cryptocurrency marke...

Terra(Luna) 2.0 Testnet launched this week and users can expect to receive cryptocurrencies for free

25 May 2022 1 minute read 0 comments RSBarrosPhD

Terra(Luna) 2.0 Testnet launched this week and users can expect to receive cryptocurrencies for free   A proposal for the formation of a new cryptocurrency was approved by the community weeks after the Terra (LUNA) collapsed. The existing LUNA will...