Biggest Movers: LUNA Climbs 1,500% Following Do Kwon Tweets, While AVAX and NEAR Fall on Saturday
Following tweets from Terra founder Do Kwon, LUNA surged by over 1,500% on Saturday. However, with a number of exchanges halting deposits, solely those that...
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
On Friday, the worth locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was greater than $200 billion whole...
Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch
At 12:14 p.m. (ET), the Twitter account operated by the Terra group introduced that the Terra blockchain community had been halted. According to the Terra...
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims
Digital forex markets have continued to slip downward in worth because the crypto economic system has dropped by 14% through the previous 24 hours. Amid...
Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse
The world’s largest asset supervisor, Blackrock, and hedge fund big Citadel Securities have denied claims that they’d a job within the fall of terrausd (UST)...
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
Decentralized finance (defi) protocols are having a tough time weathering the storm, as the entire worth locked in defi right this moment is down 39.26%...
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
During the previous few days, the crypto economic system has been tumultuous as billions have fled the market in the hunt for security. The points...
LUNA, UST Move Closer to Zero, as Do Kwon Asks Holders to ‘Stay Strong’
Do Kwon has urged holders of LUNA to “keep robust,” as the value strikes ever nearer to zero. Following the UST stablecoin dropping parity with...
Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue
LUNA was down by over 50% in at present’s session as markets continued to react to UST dropping its parity with USD. As such merchants...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000, Is 55% Below Its Record High
Bitcoin plunged beneath $30,000 for the primary time in eleven months, as bears continued to run rampant in crypto markets. This transfer got here as...