Tag: luna price

Do Kwon returns with Terra 2.0, but it is already crashing

Do Kwon returns with Terra 2.0, but it is already crashing

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Do Kwon, CEO and co-founder of Terraform Labs’ grand revival plan to salvage the Terra ecosystem from its current stage has failed. On Saturday, Kwon launched Luna 2.0, the revamped version of the Luna coin. The company CEO believes that validating all invalid blocks as well as transactions on the blockchain network will make the […]

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Do Kwon returns with Terra 2.0, but it is already crashing

Luna-Terra crash: A brief history of failed algorithmic stablecoins

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The stunning fall of the Terra stablecoin made the overall crypto market unstable, wiping out more than $200 billion in the space. The value of Luna Terra plunged about 80 per cent, making the coins now almost worthless. It should be noted that stablecoins work on the supply and demand game. Any stable coin that […]

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