82 Articles 2 Followers

Revisiting Terra LUNA & Positive Takeaways To Integrate Stablecoins the Right Way

6 Apr 2023 6 minute read 0 comments Pizzadren

Alright, before you jump into conclusions that “LUNA is a failed project & a scam”, or “Do Kwon is an egoistic bastard who deserves to be in jail” or anything similar to those accusations, one thing that we should remember is that: The cost of failu...

Approximately, How much to lose on Terra LUNA & Why ?

17 Jan 2023 3 minute read 2 comments Square World

Open Word Some failures may be very upsetting and make us tense up, but do you know what it's like to be someone who holds LUNA or UST in their Wallet and forgets to sell when it collapses drastically to the core of the Earth. Hahaha, sorry about my...

$67 Million in Bitcoin tied to Do Kwon frozen by South Korean Authorities

28 Sep 2022 1 minute read 2 comments kev_nag

“The latest discovery in the long-drawn Terra ecosystem saga contradicts many of Do Kwon’s early claims. South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder o...

Terra Luna : Greed , scandals, blood and loss

6 Sep 2022 4 minute read 0 comments INCH_jeh696

1 Part. What is Luna , Ust and how does it work?Terra's story begins in January 2018, when bitcoin skyrocketed to the front pages of the most prestigious financial publications, and cryptocurrency was the hottest topic among businesses. Daniel Shin,...

🍳 Gem Radar 06/29 - Large amount of FTT, LINK & PAXG tokens transfer to CEXs

29 Jun 2022 1 minute read 0 comments Candlestick

  Top Gainers 1D   How long will UST & LUNA 🚀 last? Top Net Buy Value 1D   4/7 are stablecoins WBTC Net Buy Value +540% RENBTC Net Buy Value +1121% 1inch Net Buy Value +428% 1inch 24h token price +9.34%   👉 Top Net Buy 1H    🎯 Tips 1inch - 1inc...

The Collapse and Rebirth of Terra

15 Jun 2022 1 minute read 4 comments InsideCrypto

Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we catch up with Tom Yin, one of the newest research analysts at 21Shares. He recently published a...

How Safe Are Stablecoins Part 2 – Algorithmic Coins

10 Jun 2022 9 minute read 2 comments Scott Cunningham

The question we aim to answer today is how safe & stable are stablecoins? Let’s dive into some failed examples of algorithmic stablecoins like UST, Basis Cash, and IRON and some new ones like USDD from Tron.

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...

LUNA 2.0 is a failure

29 May 2022 1 minute read 0 comments Aldeneer

LUNA 2.0 has launched and old hodlers have gotten some new LUNA as a compensation. Sadly LUNA 2.0 has dropped almost 70% because people started selling new tokens. Also LUNA's creator lost its trust and most people including me think that he is ofici...

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...