Terra | ForkLog

ForkLog 12 16.05.2022

Changpeng Zhao reveals Binance losses from Terra investments

Binance CEO Changpeng Zhao spoke about investments in the collapsed Terra project and disclosed the amount the company holds in the stablecoin UST.

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ForkLog 13 16.05.2022

Luna Foundation Guard drains $3bn from reserve to rescue UST

The non-profit Luna Foundation Guard (LFG) disclosed information about the state of its reserve fund after attempts to rescue the algorithmic stablecoin TerraUSD (UST).

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ForkLog 27 16.05.2022

Vitalik Buterin urges Terra to prioritise compensation for small investors

The plan to reimburse funds lost in the Terra collapse should prioritise small investors. This view was expressed by Ethereum co-founder Vitalik Buterin.

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ForkLog 5 15.05.2022

Changpeng Zhao questions Terra hard fork viability

A Terra blockchain hard fork, with a rollback to the moment before the collapse of LUNA and UST, will not work, because the new chain would have no value. This was stated by Changpeng Zhao, head of the cryptocurrency exchange Binance.

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ForkLog 12 14.05.2022

Terraform Labs CEO Do Kwon proposes plan to settle UST and LUNA fallout

CEO and co-founder Do Kwon presented a plan to address the fallout from the collapse of the UST stablecoin and the LUNA token.

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ForkLog 16 13.05.2022

Binance resumes LUNA and UST trading in LUNA/BUSD and UST/BUSD pairs

On May 13 at 17:30 Kyiv/Moscow time, Binance resumed spot trading in the LUNA/BUSD and UST/BUSD pairs and opened deposits and withdrawals in the Terra ecosystem.

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ForkLog 12 13.05.2022

Media: Celsius pulled about $500 million from Anchor protocol amid the UST crash

The crypto-lending platform Celsius pulled assets worth about $500 million from the Anchor protocol amid the collapse of the algorithmic stablecoin UST. The Block reports.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 4 13.05.2022

Three Arrows Capital co-founder compared the UST crash to The DAO hack.

Co-founder Zhu Su of Three Arrows Capital, who previously invested in the LUNA token, commented on the collapse of the Terra ecosystem and the algorithmic stablecoin UST.

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ForkLog 14 13.05.2022

Changpeng Zhao criticises Terra team’s actions

CEO of the cryptocurrency exchange Binance, Changpeng Zhao, said he was 'disappointed' by the Terra ecosystem team's actions in the wake of the Luna and UST collapse. In his words, the developers endangered investors but did not take responsibility.

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ForkLog 18 13.05.2022

OKX delists UST, LUNA, ANC and MIR

OKX suspended operations and delisted perpetual contracts and margin trading for LUNA and Terra ecosystem tokens Anchor (ANC) and Mirror (MIR).

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ForkLog 7 13.05.2022

GAM Holding Denies Plans to Participate in Rescue of UST

The Swiss independent asset manager GAM Holding denied reports of talks with Terraform Labs to provide financial assistance to support the algorithmic stablecoin UST.

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ForkLog 10 13.05.2022

Terra validators restart network after second outage in 24 hours

Against the backdrop of the collapse of the native token LUNA and the algorithmic stablecoin UST, Terra validators halted the network for the second time in a day. They attributed the move to the need to devise a 'recovery plan' for the network.

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