Terra | ForkLog

ForkLog 30 27.05.2022

Terra 2.0 mainnet launch moved to May 28 as community approves burning 1.3bn UST

Developers moved the Terra 2.0 mainnet launch to Saturday, May 28, at around 09:00 (Kyiv/MSK). The genesis block of the new network will be produced by a 'qualified majority of interconnected validators operating simultaneously'.

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ForkLog 11 26.05.2022

JPMorgan: Venture-capital inflows will cushion Terra collapse fallout

The Terra collapse will have a limited impact on the digital asset market, and the crypto winter will be short thanks to venture-capital inflows into the industry. JPMorgan analysts say this, The Block reports.

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ForkLog 17 26.05.2022

Bitcoin exchanges back the Terra revival

Several cryptocurrency exchanges signalled support for Terra 2.0 and the revival of LUNA.

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ForkLog 8 25.05.2022

Terra ecosystem validator lays out timelines for launch of new network

Developers will launch the Terra 2.0 mainnet on Friday, May 27. The project’s testnet is already live, according to the ecosystem validator Orbital Command.

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ForkLog 20 25.05.2022

Terra ecosystem collapse draws regulators’ attention in South Korea

On Tuesday, 24 May, financial regulators held an emergency session in the National Assembly of South Korea regarding the potential consequences of the Terra collapse.

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ForkLog 28 24.05.2022

Terra developers to launch a new network instead of conducting a hard fork

Representatives of Terra said that the project’s "revival plan" does not involve a fork of the existing network, but the creation of a new one.

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ForkLog 14 23.05.2022

Goldman Sachs points to risks from rising interconnectedness of DeFi protocols

The collapse of TerraUSD (UST) triggered an 'infection' of the stETH token issued by Lido Finance, heightening systemic risks. Goldman Sachs analysts reached this conclusion, CoinDesk reports.

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ForkLog 24 22.05.2022

Avalanche founder reveals losses from Terra investment

The Terra ecosystem collapse cost the Avalanche Foundation, a nonprofit, about $60 million, according to Emin Gün Sirer, founder of Avalanche and head of Ava Labs.

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ForkLog 24 20.05.2022

Do Kwon amends Terra hard-fork proposal

Terraform Labs co-founder Do Kwon amended his Terra hard-fork proposal, saying he revised several parameters of the new network's token distribution in light of the community's input.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 20.05.2022

Avalanche team clarifies the volume of Terra-linked AVAX reserves

Avalanche Foundation disclosed the size of Terra's reserve holdings in AVAX tokens to dispel community fears of a sell-off.

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ForkLog 16 20.05.2022

Tether CTO labels TerraUSD a poorly designed product

Tether's Chief Technology Officer Paolo Ardoino compared the algorithmic stablecoin TerraUSD (UST) to a 'house of cards' that was due to collapse at any moment. In his words, the project was simply 'badly designed'.

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ForkLog 15 19.05.2022

South Korea to revive interagency task force to probe Terra collapse, reports say

South Korean authorities have revived an interagency task force disbanded more than two years ago to investigate Terra's collapse. The team was previously nicknamed the Grim Reapers, local media reported.

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