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The Latest Breaking News from Terra

Terra 'Officially' Halts Blockchain As LUNA Hits Zero

Terra (CRYPTO: LUNA) has officially stopped block production as the blockchain’s native token hit a low of $0.000033 on Thursday.

Benzinga

'Evil genius' may have caused Terra and Luna cryptocurrencies to crash in a 'death spiral'

The devastating effects of the crash of crypto "stablecoins" Terra and Luna are being felt by many but their crash may have been orchestrated in one massive piece of ethically questionable trading.

ABC News

Terra Founder Wants To Save TerraUSD As Reports Suggest He Was Behind The Basis Cash Failed Stablecoin

Terra (CRYPTO: LUNA) founder Do Kwon announced plans to attempt to save his unstable stablecoin TerraUSD (CRYPTO: UST) while some are suggesting he was also behind failed stablecoin Basis

Benzinga

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Terra briefly halts blockchain amid stablecoin uproar

investors are challenging the presumed 1-to-1 pegs that underpin stablecoins.

Axios

Can USDC Follow UST's Footpath? Probably Not, And Here's Why

On Wednesday, the cryptocurrency community saw TerraUSD (CRYPTO: UST) the native algorithmic stablecoin of the Terra (CRYPTO: LUNA) protocol lose its peg while bringing LUNA down with it.

Benzinga

SEC Is Already Investigating Terra's Stablecoin UST: Report

The Securities and Exchange Commission (SEC) is already investigating this week’s events concerning Terra (CRYPTO: LUNA) and TerraUSD (CRYPTO: UST), according to a report from

Benzinga

Bad Timing: This MLB Team Has A Partnership With Terra (LUNA), Planned UST Integration Next Year

Professional sports leagues have become more accepting of cryptocurrency and opened their doors to sponsorship opportunities. One deal signed earlier this year is now being called into question.

Benzinga

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Could terra fall prove to be Lehman Brothers moment for cryptocurrencies?

Explainer: Questions asked about whether other ‘stablecoins’ may follow suit – and if so, what else?

The Guardian - UK

Terra (LUNA) Sees $106M In Liquidations With 97% Crash As UST Collapses To Below 40 Cents

Terra (CRYPTO: LUNA) and its native stablecoin TerraUSD (CRYPTO: UST) brought each other down in a cryptocurrency market catastrophe that would not be easy to forget.

Benzinga

Terra (LUNA) Crashes 45% As UST Stablecoin Massively Loses Peg Again

The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours.

Benzinga

Cryptocurrency Terra Falls More Than 20% In 24 hours

Over the past 24 hours, Terra's (CRYPTO: LUNA) price has fallen 20.09% to $52.13. This continues its negative trend over the past week where it has experienced a 35.0% loss, moving from $82.22 to its current price.

Benzinga

Cryptocurrency Terra Down More Than 3% Within 24 hours

Over the past 24 hours, Terra's (CRYPTO: LUNA) price has fallen 3.84% to $80.95. This continues its negative trend over the past week where it has experienced a 9.0% loss, moving from $89.58 to its current price.

Benzinga

Critics see risk in ‘algorithmic’ stablecoins

WASHINGTON — A new type of digital asset called an algorithmic stablecoin is gaining steam among crypto-enthusiasts — and drawing steam among critics, who warn its risks are in plain sight.

Tribune News Service

Critics see risk in 'algorithmic' stablecoins - Roll Call

Experts see risks in algorithmic stablecoins that market incentives to maintain a stable price against a currency such as the dollar.

Roll Call

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Benzinga

Want To Buy Crypto? Check Out The Top Movers For Today

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Cryptocurrency Terra's Price Increased More Than 4% Within 24 hours

Over the past 24 hours, Terra's (CRYPTO: LUNA) price rose 4.44% to $94.02. This continues its positive trend over the past week where it has experienced a 9.0% gain, moving from $86.47 to its current price. As it stands right now, the coin's all-time high is $119.18.

Benzinga

Curve DAO Token, Amp Among Top Crypto Movers In 24H

According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication:

Benzinga

Cryptocurrency Terra's Price Increased More Than 10% Within 24 hours

Over the past 24 hours, Terra's (CRYPTO: LUNA) price has risen 10.44% to $92.71. This continues its positive trend over the past week where it has experienced a 4.0% gain, moving from $86.87 to its current price. As it stands right now, the coin's all-time high is $119.18.

Get all your
news in one place.

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Benzinga

Cryptocurrency Terra Falls More Than 9% In 24 hours

Terra's (CRYPTO: LUNA) price has decreased 9.9% over the past 24 hours to $86.48, continuing its downward trend over the past week of -22.0%, moving from $110.31 to its current price.

Benzinga

Cryptocurrency Terra's Price Increased More Than 6% Within 24 hours

Over the past 24 hours, Terra's (CRYPTO: LUNA) price rose 6.21% to $118.15. This continues its positive trend over the past week where it has experienced a 14.0% gain, moving from $104.04 to its current price. As it stands right now, the coin's all-time high is $119.18.

Benzinga

Terra (LUNA) Crypto Founder Says 'Failure Of UST Is Equivalent To The Failure Of Crypto Itself'

What Happened: In an interview with Fungible Times, Do Kwon, founder of the Terra (CRYPTO: LUNA) protocol, said that Terra intends to be the largest single holder of

Benzinga

This Crypto Is Up 10% Today, Hitting All-Time High After $125M Bitcoin Buy

Terra (CRYPTO: LUNA) spiked to new highs after news broke that the blockchain project had executed several large Bitcoin (CRYPTO: BTC) buy orders.

Benzinga

Cryptocurrency Terra Rises More Than 10% In 24 hours

Over the past 24 hours, Terra's (CRYPTO: LUNA) price rose 10.34% to $99.6. This continues its positive trend over the past week where it has experienced a 2.0% gain, moving from $96.0 to its current price. As it stands right now, the coin's all-time high is $103.88.

Benzinga

Cryptocurrency Terra Falls More Than 3% In 24 hours

Terra's (CRYPTO: LUNA) price has decreased 3.34% over the past 24 hours to $92.8. This is contrary to the coins performance over the past week where it has experienced an up-trend of 2.0%, moving from $91.06 to its current price.

Benzinga

Crypto Founder Hints At $3 Billion Bitcoin Buy In The 'Immediate Term'

Do Kwon, co-founder of the Terra (CRYPTO: LUNA) blockchain protocol, said he plans to buy $3 billion worth of Bitcoin (CRYPTO: BTC) in the immediate term.

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