9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Terra representatives said the project’s “revival plan” includes creating a new network, not bifurcation of the existing network. 1/ Recently, several community members (including some from TFL) have referred to the new
The collapse of TerraUSD (UST) caused the “contamination” of the stETH token issued by the Lido Finance service, increasing systemic risks. CoinDesk writes that this is the conclusion reached by Goldman Sachs
Due to the collapse of the Terra ecosystem, the nonprofit Avalanche Foundation lost $60 million, Avalanche founder and Ava Labs president Emin Gun Sirer told Forbes. Sirer says the Avalanche Foundation is
Terraform Labs co-founder Do Kwon made changes to his proposal to hard fork the Terra blockchain. According to him, he arranged various parameters for the distribution of tokens of the new network,
The Avalanche Foundation has disclosed the amount of reserves in AVAX tokens of the crashed Terra project to dispel fears in the community about the sale of the asset. 1/ Some members
Tether CTO Paolo Ardoino compared the algorithmic stablecoin TerraUSD (UST) to a “card lock” that should crash at any moment. According to him, the product is simply “badly designed”. CTO @Tether_to, @paoloardoino
South Korean officials re-formed an interagency group that was disbanded more than two years ago to investigate Terra’s downfall. According to local media reports, the team was previously called the “Reapers”. Azrael
According to on-chain data, the collapse of the Terra cost blockchain company caused $3.5 billion in losses. Against the background of the event, the investment company Delphi Digital could lose up to
The BNB Chain community has invited developers of the Terra ecosystem to build or migrate new decentralized applications on the Binance blockchain. The initiative followed against the background of the collapse of
Venture capital firm Pantera Capital cashed out about 80% of its investments in the Terra ecosystem before the project collapsed, with huge profits. This was reported to The Block by the firm’s
