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Articles for Terra, search results for investors

’Not on the run..’: Terra crypto founder Do Kwon says on jurisdictions
2 years, 3 months ago

’Not on the run..’: Terra crypto founder Do Kwon says on jurisdictions

Live Mint  

South Korean cryptocurrency developer Do Kwon on Sunday said he is not on the run for any government agency. Kwon is currently wanted by his home country over the crash of Terra sisters USD and old Luna that eroded a whopping $40 billion of investors' wealth in mid-May. Through his Twitter account, Do Kwon said, "I am not “on the …

Singapore South Korean Luna Kwon Do Kwon Lunc
South Korea Issues Arrest Warrant For Terra Co-Founder Do Kwon, LUNA Price Sees Massive Crash
2 years, 3 months ago

South Korea Issues Arrest Warrant For Terra Co-Founder Do Kwon, LUNA Price Sees Massive Crash

ABP News  

Do Kwon, the founder of Terra blockchain creator Terraform Labs, faces an arrest warrant issued by South Korean authorities. The two primary crypto coins of the Terra network — LUNA and TerraUSD — saw a massive crash in May this year, leading to an unprecedented bloodbath in the crypto market, wiping out nearly $40 billion of investors’ money in a …

South Korea Luna Terra Ust Massive Crash Kwon Do Kwon
LUNC gains 60% in 24 hours; investors faith restored?
2 years, 3 months ago

LUNC gains 60% in 24 hours; investors faith restored?

Live Mint  

In an apparent indication of renewed investor faith in a project that cost investors more than $60 billion in May this year, Terra Classic, the original token of the old Terra blockchain has gained nearly 62% in the last 24 hours. Reasons behind Terra Classic's price rise There are several causes for the dramatic increase in LUNC's price due to …

Luna 24 Hours Ust Lunc Price Terra Blockchain Terra Classic
Cryptocurrency price crash a result of inflation, as investors lose their life savings
2 years, 6 months ago

Cryptocurrency price crash a result of inflation, as investors lose their life savings

ABC  

Over five years of fly-in, fly-out mining work in Far North Queensland, Joel had saved up almost enough for a first-home deposit. Key points: The price of bitcoin has dropped by about 30 per cent in the past week Crypto-lending company Celsius has frozen withdrawals and customers can't access their money Crypto groups are posting links to counseling hotlines as …

Savings Inflation Money Crypto Bitcoin Price Crash
Bitcoin plunges as major crypto lender halts operations
2 years, 6 months ago

Bitcoin plunges as major crypto lender halts operations

Associated Press  

NEW YORK — The price of bitcoin and other cryptocurrencies plummeted Monday after a major cryptocurrency lender effectively failed and halted all withdrawals from its platform, citing “extreme market conditions.” It’s the latest high-profile collapse of a pillar of the cryptocurrency industry. On Sunday, the cryptocurrency lending platform Celsius Network announced that it was pausing all withdrawals and transfers between …

Cryptocurrency Crypto Bitcoin Celsius Terra Orduna
LUNA crash Crypto Investor Arrested For Knocking On Terra Founder Do Kwon Door After Losing Millions
2 years, 6 months ago

LUNA crash Crypto Investor Arrested For Knocking On Terra Founder Do Kwon Door After Losing Millions

ABP News  

New Delhi: Terra investors have lost millions due to the cryptocurrency’s sudden crash earlier this month. Due to the unprecedented crash, investors all around the world reportedly lost their life savings, and recently, one LUNA investor was arrested while trying to get in touch with Terra founder Do Kwon at his Seoul home. The investor in question is a South …

Crash Patel Korean Seoul Terra Ust Investor
After Terra, Luna crashes, regulators count cost of crypto
2 years, 7 months ago

After Terra, Luna crashes, regulators count cost of crypto

Al Jazeera  

Taipei, Taiwan – As the crypto winter deepened this month, one wealth-destroying event – the collapse of the TerraUSD and Luna coins – has brought the human cost of unstable cryptocurrency projects to the surface. “I was actually thinking that I would be able to make enough money to pay my home off, but instead, I’ve lost everything.” The incident …

Singapore Crypto South Korea Case Investors Kennedy Sec
Crypto investors voice pain and anger as market melts down
2 years, 7 months ago

Crypto investors voice pain and anger as market melts down

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. That included Do Kwon, the creator of Terra Luna, who had used his Twitter account to repeatedly …

Market Crypto Indytech Terra Terra Luna
Coinbase Suffers Major Outage, Binance Halts Terra Luna Crypto Trading
2 years, 7 months ago

Coinbase Suffers Major Outage, Binance Halts Terra Luna Crypto Trading

ABP News  

New Delhi: Leading crypto exchange Coinbase suffered a major outage amid crypto mayhem especially with the cryptocurrency Terra Luna, heightening fears among the investors. ALSO ON ABP LIVE: Crypto Crash: CoinSwitch Kuber CEO Ashish Singhal Explains Why He Still Remains Bullish "Has the bear market crashed their servers? The Coinbase outage came as Binance, the world's largest cryptocurrency exchange, suspended …

Outage Luna Coinbase Terraform Labs Terra Luna Cryptocurrency Terra
‘I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight
2 years, 7 months ago

‘I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Had bought Luna at $85, not sure what to do.” Another wrote that they had lost $15,000 …

Crypto Luna Indytech Ust Terra Luna Savings Terra
Cryptocurrency Price Today: Bitcoin Below $27K as Markets Face Bloodbath; Terra Worst-Hit
2 years, 7 months ago

Cryptocurrency Price Today: Bitcoin Below $27K as Markets Face Bloodbath; Terra Worst-Hit

News 18  

Cryptocurrency Price Today: The global cryptocurrency market on Thursday, May 12, faced a brutal bloodbath with a 16.83 per cent decrease in the market cap on the day. Bitcoin price today fell to its 16 month low, and was standing at $27,411.11 at the time of writing this article, which was down by 9.89 per cent over the last 24 …

Market Loss Bitcoin Price Cent Today This Article
Cryptocurrency Price Today: Bitcoin Near $31,500; Terra Tanks Over 50%; Check Crypto Rates
2 years, 7 months ago

Cryptocurrency Price Today: Bitcoin Near $31,500; Terra Tanks Over 50%; Check Crypto Rates

News 18  

There was a bloodbath in the crypto market on Tuesday as top crypto tokens wiped out up to half of the investors’ wealth in just a few hours. Terra tanked over 50 per cent, wiping off half of the investor wealth, whereas Shiba Inu’s 17 per cent drop pulled it out from the top-15 crypto tokens. “Bitcoin plummeted below the …

Market Loss Crypto Cent Gst Council Tokens Bitcoin
Today’s Cache | Bitcoin as a reserve currency
2 years, 8 months ago

Today’s Cache | Bitcoin as a reserve currency

The Hindu  

Stablecoins are rapidly gaining ground. Vetle Lunde, analyst at Norway-based crypto research firm Arcane Research who tracks the Terra project purchases, estimates that, to reach $10 billion in reserves, the platform could eventually hold between 60,000 to 70,000 bitcoin. A stablecoin backed by bitcoin reserves, according to Terraform co-founder Do Kwon “will open a new monetary era of the Bitcoin …

Bitcoin Reserve Stablecoin Terra Currency Stablecoins