The idea of the “family” culture that so many businesses push for is seeping deeper into the crypto world as communities are formed on a sometimes toxic, cultish stance to unwaveringly back the projects they are invested in. Don’t get me wrong, some parts of the crypto community are great...
Terraform Labs
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Image Credits: TechCrunch Is Terra’s Do Kwon the Bernie Madoff of crypto? Hello and welcome back to the Chain Reaction podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down block by block for the crypto curious. This week, Terra relaunched its Luna...
Luna 2.0, a Frankenstein cryptocurrency resurrected after its predecessor crashed to near-worthlessness, is already looking pretty haggard out of the starting gate. And like Mary Shelley’s monster, there are signs of more misfortune in the near future. Read...
Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-dollar bet on web3’s continued viability. Read on to check out the latest episode of the Chain Reaction...
Terra community passes proposal to revive LUNA cryptocurrency following stablecoin-led implosion
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Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the crypto markets with them. Today, Terra’s plan has passed and been approved by the community. “Terra 2.0 is...
As members of the Terra community try to pick up the pieces from its currently defunct economy, Polygon is beckoning to the dozens of developers who had projects built on the inoperative blockchain. Polygon, a layer-2 blockchain built on Ethereum, has launched a “relatively uncapped...
The man who allegedly tried to pay a visit the head honcho of the Terra blockchain May 13 finally spoke out Tuesday, telling reporters the crash of Terra and Luna left him financially devastated, and that he wanted to hear directly from Terra’s boss what the man’s plans were for the...
It’s been a hard month for the global cryptocurrency market. And yet, community members continue to gather nonstop to network, learn and party at what feels like a seemingly endless loop of crypto conferences. But there seems to be a slight vibe shift between just a few weeks ago, when I...
What is that we hear? Is that the Friday, May 20, 2022, on the calendar and the soft, alluring siren’s song of a weekend that’s right around the corner? Why, yes, that must be it! Our events team is busy putting together an awesome TechCrunch Disrupt, and we are psyched about Startup...
It has been almost two weeks since Terraform Labs’ cryptocurrency LUNA and algorithmic stablecoin Terra USD (UST) imploded, bringing down the crypto markets with them. There have been public conversations from both the creator of the project, Do Kwon, and entities associated with it about the...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Friday the 13th, and I hope nothing nefarious happened to you today. At least the weekend is here! At the very least, you can catch up on the latest...
Binance, the world’s largest cryptocurrency exchange by volume, has suspended trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens across most of its spot pairs, and for Luna, additionally across all of cross margins and isolated margins pairs following one of the biggest...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. It’s Thursday, May 12, so Happy Friday Eve. Congrats to the “GoogleCrunch” team, which wrote something like 28 stories yesterday to cover Google I/O. You can...
Hello and welcome back to the Chain Reaction podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down block by block for the crypto curious. You’ve probably gotten the memo that the markets are suffering, and crypto is getting hit especially hard. On this...
Terraform Labs, the company behind the Terra USD (UST) and Terra (LUNA) cryptocurrencies, briefly halted the Terra blockchain for two hours on Thursday following the Terra ecosystem’s meltdown this week, which caused its stablecoin, UST, to crash, taking with it the rest of the cryptocurrency...
Jambo, a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 million in seed funding. Experts say Africa is poised to be disrupted by web3 in a similar fashion...