https://t.me/Terra_Luna_Tron

2022-08-13 22:15:08 Justin Sun Says Proof-of-Work 'Essential' Part of Ethereum

Always controversial, Tron founder Justin Sun said he thinks the proof-of-work way of operating is an "essential" component of Ethereum – just as the Ethereum community readies to transition to a different, proof-of-stake, system after a multi-year effort. Many billions of dollars are at stake. The crypto entrepreneur still supports Ethereum’s Merge, the much anticipated event that will see Ethereum reborn as a faster and cheaper blockchain, if things go according to plan. But that might be because Sun has since vowed to back what he calls “EthereumPOW,” if the hard work succeeds.

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2022-07-24 17:30:37 Terra (LUNA) Collapse Predicted 4 Years Ago

Seasoned Ethereum (ETH) developer, investor and advisor Mariano Conti, former Head of Smart Contracts at MakerDAO, recalled a discussion on Terra (LUNA) design flaws from April 2018 — and it looks absolutely visionary.Mr. Conti has taken to Twitter to share a statement by Cyrus Younessi, his colleague at MakerDAO. On April 20, 2018, Mr. Younessi slammed the architecture of Terra (LUNA) and its TerraUSD (UST) stablecoin.

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2022-07-23 16:50:07 TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin

The USDD stablecoin is currently the most over-collateralized stablecoin across the entire cryptocurrency market. The core mission of USDD is to provide the blockchain world with a decentralized cryptocurrency of stable value. USDD represents true decentralization across the stablecoin market. Other stablecoins such as USDC or USDT are pegged to a central platform’s U.S. dollar (USD) reserves. By nature, the fundamentals of USDC and USDT are considered centralized stablecoins with strict supervision by regulators worldwide.

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2022-07-22 19:20:07 Terraform Labs Co-Founder Residence Raided by South Korean Authorities

Bloomberg confirmed a series of raids conducted by the Korean Joint Financial and Securities Crime Investigation Team on crypto exchanges and offices, including the Terra co-founder’s residence and his payment app Chai Corp. over allegations that fraudulent activities may have triggered the demise of TerraUSD (UST) stablecoin. The authorities conducted raids in 15 locations, including Bithumb, Upbit, Coinone, and four other exchanges, earlier this week to probe a fraud case linked to the crash of TerraUSD and Luna Classic (LUNC).

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2022-07-21 18:25:06 Korean Prosecutors Raided 7 Crypto Exchanges With Connections to Terraform Labs

South Korean prosecutors raided seven local crypto exchanges to investigate a fraud case linked to Terra’s implosion. The operation is to determine if the collapse of the Terra ecosystem was an intentional move done by Do Kwon, the founder & CEO of Terraform Labs. Seoul Southern District Prosecutors Office raided Bithumb, Upbit, Coinone, and four other exchanges on Wednesday to probe a fraud case linked to the crash of Terraform Lab’s TerraUSD and Luna, according to the local media, Yonhap News Agency.

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2022-07-20 19:15:08 Terra (LUNA) Investigation Brings S.Korean Crypto Exchanges & Banks Under Scrutiny

The after-effects of Terra (LUNA) crash is still being hovered around the crypto space. Once the Terra (LUNA) collapsed there was an investigation ordered by the court. The investigations are based on the fraud committed by Terraform Labs. Now, the ongoing LUNA’s Terra Lab investigation has brought other South Korean Crypto exchanges into massive trouble.

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2022-07-19 17:01:24 Terra LUNA leads the most trending cryptos as investors bet on higher prices

As the cryptocurrency market atmosphere continues to move away from pessimism and the global market cap reclaims the $1 trillion milestone, altcoins are seeing growth accompanied by two coins that are associated with the recent market meltdown. Indeed, both Terra (LUNA), also known as Terra 2.0 and the platform’s old chain, Terra Classic (LUNC), are attracting tremendous interest among crypto traders up on the day by 6.61% and 1.89%, respectively.

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2022-07-18 18:01:25 TRX Price Eyes Breakout As Markets Recover

TRX coin has been trading inside a descending triangle since topping at $0.18 in April 2022. Unfortunately, the price has failed to break out of this pattern despite multiple attempts. The most recent attempt turned out to be a fake-out in June 2022.Most altcoins are trading at just a fraction of last year’s highs due to the ongoing macroeconomic uncertainty. The recent back-to-back rate hikes by US Fed have further intensified this downtrend. As Tron coin follows the Bitcoin price action most of the time, any Tron price prediction depends on the recovery in Bitcoin prices.

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2022-07-17 20:10:07 Justin Sun Says He May Spend $5B To Save Crypto Even as USDD Fights To Hold Peg

Justin Sun, founder of the major blockchain network Tron, said he’s ready to join FTX CEO Sam Bankman-Fried in offering financial support to companies in the digital asset space that are struggling amid ongoing market volatility. In a Tweet earlier this month, Sun said that he and the Tron protocol are “ready to serve.” Sun said he could spend up to $5 billion on acquisitions, according to a report from The Block, but as Tron’s algorithmic stablecoin.

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2022-07-16 20:42:02 Binance CEO says not all algorithmic stablecoins will collapse like TerraUSD (UST)

The Terra algorithmic stablecoin TerraUSD (UST) collapsed in May, causing billions of dollars worth of losses for investors. The collapse lowered investor confidence in algorithmic stablecoins, but the CEO of the world’s largest exchange, Binance, has a different opinion. In an interview with decrypt’s gm podcast, Zhao said that he was not pleased with the events that followed the depegging of UST. He said that the Terra team was weak in its response. Zhao also does not believe that any stablecoin is risk-free, adding that top stablecoins like Tether (USDT) and Circle (USDC) were not free of risk.

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