Terra Luna cryptocurrency

2022 - 5 - 26

Post cover — Image courtesy of "Euronews"

Terra Luna 2.0: How backers of the project want to revive the failed ... (Euronews)

According to Terra, Terra 2.0 will “effectively create a new Terra chain without the algorithmic stablecoin.” “The old chain will be called Terra Classic (token ...

The new Terra, set to launch on May 27, will effectively create a new blockchain associated with the Luna token. Backers of Terra voted to revive the failed cryptocurrency - but it will not be the same as it once was. But what will a revival of the failed cryptocurrency look like?

Terra community passes proposal to revive LUNA cryptocurrency ... (TechCrunch)

Terraform Labs' plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month has passed and been ...

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Huobi and Binance Crypto Exchanges Show Support for Terra ... (BeInCrypto)

Cryptocurrency exchange Huobi said it would support the LUNA 2.0 airdrop after the Terra community voted to pass Proposal 1623.

Kwon had asked developers to publicize support for the new blockchain. A snapshot will be taken at Terra Classic block 7544910, while a post-attack snapshot will be taken at block 7790000. A new proposal was put forth by founder Do Kwon in the wake of the Luna crash to create a new blockchain that will see the original Luna token rebranded as LUNA Classic (LUNAC), while a new token, LUNA, will run on a new blockchain without an algorithmic stablecoin.

The Terra/Luna hall of shame (Financial Times)

We'll send you a myFT Daily Digest email rounding up the latest Cryptocurrencies news every morning. A once-stable, “safe and happy” crypto project named ...

Are Terra UST and Terra Luna really making a comeback? (Motley Fool Australia)

Are TerraUSD (CRYPTO: UST) and Terra (CRYPTO: LUNA) really making a comeback? That depends on who you ask.

Both Terra tokens saw some more wild volatility over the past 24 hours. It’s currently trading for just under 10 US cents. A rescue measure he put forth, supported by 65% of voters in the Terra community, will see the blockchain split off from the original to be called Terra Classic. LUNA will be rebranded as LUNA Classic (CRYPTO: LUNC). The new blockchain won’t support UST. But first, the reason you may be hearing about a big comeback for Terra’s Luna and UST tokens is that both saw their prices surge over the past 24 hours. A speculator’s delight, perhaps, with the potential to make, or lose, big bucks in a matter of hours. Are TerraUSD (CRYPTO: UST) and Terra (CRYPTO: LUNA) really making a comeback?

Terra backers vote to revive luna — but not UST — after $60 billion ... (CNBC)

The proposal would lead to the creation of a new Terra blockchain and its associated luna token. UST, a so-called “algorithmic” stablecoin, plunged below its ...

A further 25% of tokens will be allocated to traders who still own luna and UST after the crash. I don't see why Terra would succeed here." - The proposal would lead to the creation of a new Terra blockchain and its associated luna token.

Luna Token Relaunch Kicks Crypto Hype Machine Back Into Gear (Bloomberg)

If you need a reminder that memories are short in the world of crypto, look no further than the relaunch of the Luna token that played a key role in the ...