$88,437.00
-0.05%$2,080.32
-0.73%$2.47
-0.33%$632.54
-0.83%$145.85
1.83%$0.99985
-0.00%$0.191243
1.49%$0.75149
1.50%$0.228913
-0.16%$2,078.43
-0.61%$88,253.00
-0.03%$15.55
2.02%$23.22
8.28%$9.78
0.15%$0.293049
0.69%$3.59
-3.22%$2,486.44
-1.07%$0.196126
0.27%$0.999887
-0.03%$0.00001379
0.85%$2.48
1.24%$4.67
-0.36%$93.63
-1.52%$6.82
-1.89%$336.18
-0.16%$0.894681
-4.33%$4.95
1.26%$2,078.07
-0.79%$16.35
-3.57%$0.999538
-0.02%$0.99987
0.04%$2,209.21
-0.68%$29.35
-0.07%$7.02
-0.99%$220.70
0.68%$3.07
3.90%$5.90
-0.74%$0.00000816
1.10%$1.043
0.00%$1.16
-0.08%$50.76
-1.03%$6.20
2.12%$23.98
-0.14%$0.930802
2.43%$188.92
-1.88%$0.844635
0.35%$88,448.00
0.02%$35.29
0.34%$18.52
1.03%$0.998562
-0.05%$11.63
-2.16%$0.0268935
2.08%$270.54
-0.65%$0.105805
28.13%$0.419662
4.18%$4.86
-1.98%$4.12
7.61%$3.70
0.73%$3.15
0.22%$0.0776
-3.76%$0.228939
3.24%$0.620644
3.15%$1.00
0.00%$88,239.00
-0.13%$0.213899
5.07%$0.394186
-0.07%$4.02
0.06%$1.00
0.06%$6.11
0.70%$0.570539
-0.16%$0.568053
2.87%$0.905213
-0.39%$11.36
-0.33%$88,108.00
-0.16%$0.537849
22.98%$0.725376
15.72%$2,077.21
-0.74%$2,161.62
-0.75%$0.074965
0.08%$151.97
1.71%$1.16
-0.93%$79.02
-0.70%$0.934603
2.13%$0.00001416
-0.12%$1,281.76
0.49%$0.70198
1.32%$10.79
2.07%$0.20975
3.27%$2,352.45
-0.58%$0.105921
3.59%$1.001
0.09%$17.45
0.97%$0.99072
0.74%$1.068
-0.95%$0.997642
-0.03%$0.01458362
-1.84%$8.15
2.98%$0.577476
0.89%$87,234.00
-0.55%$1.001
0.06%$2,207.36
-0.37%$0.01860261
2.00%$0.99994
-0.01%$631.75
-0.96%$2.61
-1.45%$2.46
8.32%$0.308408
2.40%$0.727221
1.00%$0.999977
0.01%$3,033.29
0.23%$0.202139
5.50%$186.49
1.96%$88,110.00
-0.01%$0.00000071
0.45%$35.29
0.60%$0.428729
0.20%$0.00006838
-0.44%$0.505611
0.70%$3,028.66
0.60%$0.109305
-0.65%$2,165.89
-0.53%$0.174643
4.17%$1.001
-0.03%$0.00103527
-22.69%$159.78
1.90%$0.01261914
-0.93%$3.38
-0.51%$0.00650494
-0.63%$17.89
0.57%$0.636756
2.75%$36.90
14.55%$1.98
1.94%$3.59
1.93%$0.576211
-0.96%$8.16
7.24%$8.03
-1.93%$0.999141
-0.09%$0.731755
1.96%$19.83
3.38%$0.553076
-0.64%$0.812594
-0.02%$0.282168
0.55%$0.999388
0.03%$0.482413
-2.55%$0.074169
0.28%$7.66
3.56%$0.8107
0.30%$86,288.00
1.09%$1.001
0.10%$2,204.24
-0.42%$0.180564
1.29%$0.19142
1.60%$0.00917759
9.52%$0.094305
1.16%$2.95
5.03%$2,077.18
-0.75%$1.00
0.05%$0.04850186
1.65%$88,327.00
0.08%$0.453577
-2.27%$0.00002278
2.09%$0.565002
1.37%$2,080.03
-0.69%$1.26
-1.79%$0.00702709
0.60%$0.0078625
12.65%$86,849.00
-1.89%$0.53806
1.24%$1.56
3.78%$2,078.71
-0.70%$26.17
3.57%$0.00000043
-1.72%$0.00000203
11.76%$110.43
0.02%$1.08
-0.04%$0.999352
-0.38%$0.430072
2.16%$0.2288
3.35%$44.67
0.42%$2,167.92
-0.79%$88,148.00
-0.10%$1.096
0.53%$0.921226
0.85%$0.190388
-0.46%$2,076.57
-0.76%$2,095.96
-1.42%$0.0113213
-1.79%$0.03755217
2.94%$0.00006604
0.65%$1.45
-0.65%$0.00423483
-0.43%$87,682.00
-0.01%$0.998931
-0.03%$0.284128
2.37%$1.46
3.16%$132.07
-0.90%$0.291362
0.92%$1.00
0.10%$0.00051779
76.17%$3.01
4.36%$1.39
0.71%$2,062.97
-0.62%$0.327724
30.13%$1.006
0.15%$1.001
0.08%$4.01
0.20%$2,080.33
-0.61%$0.913425
-0.19%$0.03084647
-0.50%$0.217761
0.50%$18.40
0.88%$0.081433
-0.20%$2,274.45
-0.59%$0.101302
-3.10%$24.20
1.30%$2,199.09
-0.48%$1.40
24.90%$1.20
0.67%$0.292551
1.80%$87,852.00
0.84%$3.06
1.52%$88,353.00
0.07%$0.03546227
1.25%$0.644804
0.84%$0.04020232
-0.52%$0.274875
-0.05%$0.00267616
1.26%$2,256.21
-0.61%$0.119934
1.62%$0.00363368
5.07%$0.533956
-2.33%$0.03488075
2.57%$0.00000013
-12.99%$2,077.84
0.13%$1.001
-0.03%$0.01321546
1.96%$0.460775
2.47%$0.00551646
1.91%$0.00280796
5.92%$3,019.64
0.30%$1,774.69
-0.02%$0.732733
2.12%$0.54665
6.20%$0.251153
8.54%$0.632724
-1.25%$0.119152
-2.74%$0.284246
-1.74%$0.159351
2.66%Reading
Terraform Labs early Saturday launched a new version of the Terra blockchain, “Terra 2.0,” with freshly minted LUNA tokens.
Roughly 12 hours later, LUNA (labeled LUNA2 on some exchanges) had shed almost 73% of its initial value, trading as of this writing for $5.18, according to data compiled by CoinMarketCap. It peaked earlier at $19.54.
LUNA tokens became available for trading at the bybit cryptocurrency exchange about 10 minutes after launch, and about an hour later, Kucoin also announced it was enabling LUNA trading.
The governance vote on Terra’s proposal 1747 to burn 1.388 billion UST stablecoins has passed. This will reduce UST’s supply by roughly 11% of its total supply of 11.28 billion tokens, according to data from CoinMarketCap. More than 99% of all 154 million votes supported the burn proposal. Less than 1% abstained, and roughly 10,000 voted against the proposal. Vote results for burning UST proposal. Source: Terra Station. The primary objective behind the proposal is to reduce the bad debt within...
Currently, LUNA is traded across seven different exchanges—Bybit, Kucoin, Kraken, MEXC, OKK, Bitrue, and BingX—according to CoinMarketCap. None of the exchanges have enabled LUNA futures trading.
Terra CEO Do Kwon was mostly quiet on Twitter today other than retweeting announcements from exchanges.
🌕 on @Bybit_Official , trading now open https://t.co/qpgO726mIM
— Do Kwon 🌕 (@stablekwon) May 28, 2022
“Credibility is the ultimate currency,” tweeted Binance CEO Changpeng Zhao shortly after Terra 2.0 debuted. (Binance was among those offering support for Terra's new blockchain, however.)
Decrypting DeFi is Decrypt's DeFi email newsletter. Art: Grant Kempster Amid the craziest week in crypto ever, the collapse of Terra's UST stablecoin and governance token LUNA emerged as the biggest story. Amid the crash, LUNA, formerly a top 10 coin by market cap, fell 100% to fraction of a fraction of a cent, and UST, designed to stay pegged at $1, bottomed out at 13 cents. So what the hell happened? Grab your coffee, you're going to need it. There were several forces at work. The first is the...
Many people still appear skeptical about Terra 2.0. Crypto YouTuber Ben Armstrong flat out said: "Don't buy LUNA ever again."
Crypto Expert Tip: Don’t buy LUNA ever again. Not 2.0, not 3.0, not 3.14.
Sometimes you just have to accept your loss. The experiment failed. Move on.
— Ben Armstrong (@Bitboy_Crypto) May 28, 2022
Other Twitter users said they were sticking by the original LUNA, since renamed Terra Classic (LUNC) and referred to by some as LUNA Classic, which is down 29% over the past 24 hours to $0.00009031, according to CoinMarketCap. LUNC peaked last month at $119.18 before a historic crash that wiped out tens of billions of dollars in value.
Fuck #LUNA 2.0 dump that shit to $0 buy #LUNC the original and only #LUNA coin 🚀
— LUNA TO .001 (@freecryptobook) May 28, 2022
Out of 1 billion new LUNA tokens, only 21 million were airdropped on Saturday and added to the circulating supply, according to CoinMarketCap. The rest of the tokens will be airdropped in phases.
Raydium's native token, Ray, rose sharply on Monday, driven by the decentralized exchange's "deep liquidity," even as it faces stiff competition from the recently launched rival PumpSwap, according to one core contributor. As the 133rd largest crypto by market capitalization, Ray is trading at about $1.95, according to crypto data provider CoinGecko. It is up 25% over the past 14 days, recovering ground lost earlier this year as Pump.fun grew more popular. Ray had dropped 7.6% over a five-minut...
Real-world asset have notched a combined $10.216 billion in total-value locked on decentralized platforms as digitizing traditional financial instruments becomes increasingly popular in Web3. The total is spread across 79 DeFi platforms, with the top three RWA protocols accounting for 36% of that total-value locked, according to DeFiLlama. The top three RWA protocols—Maker RWA, BlackRock BUIDL and Ethena USDtb—hold $1.298 billion, $1.232 billion and $1.182 billion in TVL, respectively. Analyst...
Ethereum real-world asset platform Zoth has suffered an attack that resulted in the loss of $8.85 million. Security experts believe the hack, the second suffered by the company in a month, came about as the result of a private key leak. On Friday morning, a Zoth proxy contract was upgraded by what security firm Cyvers called a "suspicious address.” Soon thereafter, $8.85 million worth of stablecoin USD0++ was transferred out of the proxy contract into the attackers wallet before all funds were s...
