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VOICE ARCHIVE

@terra_money

@terra_money
32 posts
2022-05-27
1/ Terra 2.0 is coming. With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community.
2022-05-27 View on X
Decrypt

Binance, FTX, Crypto.com, Huobi, Bitfinex, Kucoin, and other exchanges pledge support for Do Kwon's Terra 2.0, set to launch on May 27 by airdropping tokens

Sujith Somraaj / Decrypt :

2022-05-26
1/ Terra 2.0 is coming. With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community.
2022-05-26 View on X
Decrypt

Binance, FTX, Crypto.com, Bitfinex, and other exchanges have pledged support for Do Kwon's Terra 2.0, set to launch on Friday by airdropping tokens

Cryptocurrency exchanges have pledged support to Terra's upcoming relaunch, following the passing of a proposal to launch a new blockchain.

2022-05-17
The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.
2022-05-17 View on X
CoinDesk

Luna Foundation Guard says the company depleted its bitcoin reserves from ~80K to 313 and plans to use its remaining assets to compensate UST users

2022-05-16
The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.
2022-05-16 View on X
CoinDesk

Luna Foundation Guard says its bitcoin reserves have depleted from ~80K to ~300 and the remaining UST and LUNA tokens will be used to compensate investors

The announcement comes after criticism of the Luna Foundation Guard's “lack of transparency.”  —  The Luna Foundation Guard (LFG) … Source: @lfg_org .

2022-05-15
The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.
2022-05-15 View on X
The Block

Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers

Quick Take  — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.

The Terra blockchain was officially halted at a block height of 7603700. https://lcd.terra.dev/... Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.
2022-05-15 View on X
The Block

Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers

Quick Take  — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.

The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.
2022-05-15 View on X
VICE

Retail traders after Terra's crash: some say they lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme

2022-05-14
The Terra blockchain has officially halted at block 7607789. Terra Validators have halted the network to come up with a plan to reconstitute it. More updates to come.
2022-05-14 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Is...

The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.
2022-05-14 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Is...

The Terra blockchain was officially halted at a block height of 7603700. https://lcd.terra.dev/... Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.
2022-05-14 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Is...

The Terra blockchain has resumed block production. Delegations are disabled now that the chain is live with the new code merge. Validators, please check the Discord announcements for the latest patch notes. https://twitter.com/...
2022-05-14 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Is...

Validators are applying a patch to disable further delegations, and they will coordinate to restart the network in a few minutes. https://twitter.com/...
2022-05-14 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

Terra's “Stable” Coin Destabilizes Finsmart Community / Finsmart's Newsletter : Could this be the end of $UST / $LUNA? Ian Allison / CoinDesk : ‘Stable in Name Only’: Stablecoin Is...

The Terra blockchain has officially halted at block 7607789. Terra Validators have halted the network to come up with a plan to reconstitute it. More updates to come.
2022-05-14 View on X
VICE

Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme

It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.

The Terra blockchain has resumed block production. Validators have decided to disable on-chain swaps, and IBC channels are now closed. Users are encouraged to bridge off-chain assets, such as bETH, to their native chains. Note: Wormhole bridge is currently unavailable.
2022-05-14 View on X
VICE

Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme

It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.

The Terra blockchain was officially halted at a block height of 7603700. https://lcd.terra.dev/... Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack.
2022-05-14 View on X
VICE

Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme

It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.

The Terra blockchain has resumed block production. Delegations are disabled now that the chain is live with the new code merge. Validators, please check the Discord announcements for the latest patch notes. https://twitter.com/...
2022-05-14 View on X
VICE

Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme

It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.

Validators are applying a patch to disable further delegations, and they will coordinate to restart the network in a few minutes. https://twitter.com/...
2022-05-14 View on X
VICE

Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, some now acknowledge it's a Ponzi scheme

It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.

2022-05-13
The Terra blockchain has officially halted at block 7607789. Terra Validators have halted the network to come up with a plan to reconstitute it. More updates to come.
2022-05-13 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day. Source: @terra_mon...

The Terra blockchain has resumed block production. Delegations are disabled now that the chain is live with the new code merge. Validators, please check the Discord announcements for the latest patch notes. https://twitter.com/...
2022-05-13 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day. Source: @terra_mon...

1/ The prevailing peg pressure on $UST from its current supply overhang is rendering severe dilution of $LUNA. The primary obstacle is expelling the bad debt from UST circulation at a clip fast enough for the system to restore the health of on-chain spreads.
2022-05-13 View on X
Bloomberg

Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed

The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day. Source: @terra_mon...