https://t.me/Terra_Luna_Tron

2022-07-15 20:19:01 TRON Breaks the 100 Million Users Mark

TRON user accounts have reached 100,048,526, officially breaking the 100 million ceiling, according to data from the blockchain browser TRONSCAN, as of June 25. On the same day, TRON Mainnet celebrated its 4-year anniversary since network independence.Launched in May 2018, the mainnet of TRON is one of the three major public chains worldwide and remains committed to building the infrastructure for the decentralized internet. As a result, TRON has become one of the world’s largest and longest-running blockchain platforms.

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2022-07-14 19:01:24 Tron Founder Justin Sun Champions for Blockchain Tech in WTO Event

Justin Sun, the founder of Tron and Grenada Ambassador to the World Trade Organization (WTO), said that blockchain could fix global economic crises at the Twelfth Ministerial Conference (MC12). Sun spoke during the Small Island Developing States (SIDS) segment, where delegates of various WTO member states raised the discussion on climate change, ocean management, and e-commerce, among other topics.

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2022-07-14 14:15:18 Celsius files for Chapter 11 bankruptcy to restructure finances

Celsius has about 100,000 contributors, and at its peak, the platform managed $20 billion in assets. The platform's own assets range from $1-$10 billion. The platform continues to operate pending restructuring.

CEL token marked bankruptcy with a 60% drop in the moment

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2022-07-13 19:50:09 Terra (LUNA) Projects Started Migration

E-sports innovator Ryan Wyatt, CEO of Polygon Studios, shared an update about the migration of Web3 protocols from Terra (LUNA) blockchain.Since the mid-May collapse of Terra (LUNA) and its stablecoin TerraUSD (UST), dozens of protocols have chosen to move to Polygon Network (MATIC).

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2022-07-12 19:50:06 Terra Projects Begin Moving to Polygon 2 Months After UST Debacle

More than 48 projects previously on the Terra network have begun migrating to Polygon almost two months after the Terra network collapsed following the implosion of terraUSD (UST).“Terra projects have begun migration,” Polygon Studios CEO Ryan Wyatt said in a tweet early Monday. “Over 48 projects and counting… including OnePlanet_NFT, an exclusive 0xPolygon marketplace and DerbyStars_HQ.”

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2022-07-11 19:00:12 Justin Sun and TRON DAO Ready to Spend Billions to Save Crypto Industry

On Friday (July 8), Chinese entrepreneur Justin Sun, who founded TRON Foundation (which announced on January 5 that it had restructured as TRON DAO), said that he and TRON were ready to spend up to $5 billion to help out select beleaguered crypto businesses. Sun, who retired as a CEO of TRON in December 2021 to become the Permanent Representative of Grenada to the WTO, is also the CEO of Rainberry, Inc. (which was formerly known as BitTorrent, Inc.).

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2022-07-10 19:55:08 TRON’s head mentioned that they have increased 445 million USDC on TRON

The TRON DAO Reserve announced that it has added more funds to its reserves. The announcement mentioned that it is done in order to safeguard the overall blockchain industry and crypto market.Justin Sun, TRON’s head mentioned that they have increased 445 million USDC on TRON. With this move, now USDC’s supply on TRON has reached around $3.3 billion. TRON DAO Reserve added that it has purchased another $20 million worth of USDD tokens and TRX tokens. This addition took place in 2 transactions.

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2022-07-09 22:03:02 TerraForm Labs Has No Control Over LUNC, Terra 2.0 Is A Public Coin, Claims Do Kwon

Among them, there were allegations like Do Kwon cashing out $2.7 billion of worth crypto before the collapse of Terra. Even South Korean media accused Do Kwon of committing many financial crimes today. However, Do Kwon has denied all the allegations. To prove his innocence, he even posted a Twitter thread.The Twitter handle known as THORchain.BULL wanted to understand why re-enabling the LUNC delegation has not yet come into force. As per the claim by the user, resuming the governance on LUNC means the overall control of the LUNC is still under (TerraForm Labs) TFL. On the other hand, there is still no governance on the LUNC market cap falling to $700 million.

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2022-07-08 21:23:01 TRON Deploys Another $20M “to Safeguard the Crypto Market”

The TRON DAO Reserve took to Twitter to post a new update Friday, saying it had bought $10 million worth of USDD and added $10 million worth of TRX to its reserves “to safeguard the overall blockchain industry and crypto market.” Justin Sun, the blockchain’s founder and de facto leader, also confirmed the update in a tweet seconds later. USDD is TRON’s attempt at an algorithmic stablecoin. It takes inspiration from Terra’s UST, which suffered a dramatic collapse that caused an industry-wide wipeout when it lost its peg to the dollar in May. In theory, USDD shouldn’t suffer the same fate because it is collateralized by the TRON DAO Reserve.

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2022-07-07 20:53:01 Tron's USDD Regains Stability After Tapping an All-Time Low at $0.92

Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3.The stablecoin USDD, issued on top of the Tron network, saw its value slip below the typical $1 parity it held prior to June 13. Prior to that day, the stablecoin’s chart looked similar to an electrocardiogram flatline holding a stable value of around $0.994 to $1.

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