Luna

The in-house legal counsel at Terraform Labs, the blockchain startup behind the UST stablecoin and LUNA governance token has silently resigned from the company. Terraform Lab's general lawyer Marc Goldich, chief litigation, and regulatory…

The cryptocurrency market was in for a brutal, terrible bloodbath last week. While Bitcoin was down around 12%, Ethereum followed closely on the heels with a 19% fall. The global markets, too, lost about $400 billion worth of value due to…

Mumbai: Ashwin Nadar, a 25-year-old software engineer based in the country’s commercial capital, is still shocked by the sudden collapse of Luna, a popular cryptocurrency, last week. “It was a disturbing event. I bought Luna at $73 and got…

The rapid collapse of a once-popular pair of cryptocurrencies sent a ripple effect across the industry, contributing to plummeting coin prices that wiped hundreds of billions of market value.…

The losses piling up for Indian crypto investors took another dive triggered by the crash of a popular stable coin, TerraUSD, or UST, in the last 48 hours in a market already roiled by rising interest rates, inflation, and Russia’s war on…

The losses piling up for Indian crypto investors took another dive triggered by the crash of a popular stable coin, TerraUSD, or UST, in the last 48 hours in a market already roiled by rising interest rates, inflation, and Russia’s war on…

Cryptocurrencies steadied on Friday, with bitcoin recovering from a 16-month low after a volatile week dominated by the collapse in value of TerraUSD, a so-called stablecoin.Crypto assets have been swept up in broad selling of risky…

Mumbai: Major Indian crypto platforms Coindcx, Coinswitch Kuber and Wazir X have delisted stable coin TerraUST and Luna after the collapse of the Terra Network. Thousands of Indian investors saw their holdings wiped out in the most…

As popular assets in the cryptocurrency space such as Bitcoin see their values rapidly eroding, the decline of a particular stablecoin is drawing the attention of observers as a possible red flag for the market. TerraUSD, also called…

Watch out, Bitcoin, new class of contenders seeking to dethrone the king of cryptocurrencies Watch out, Bitcoin, there’s a whole new class of contenders seeking to dethrone the…