Breaking: Binance “Working Closely” With Terra On Recovery Plan
Binance said on Wednesday it is working closely with Terra over the blockchain’s recently-approved revival plan.The world’s largest crypto exchange said in a tweet it aims to help users impacted by the Terra crash.
🔥Will S. Korean Exchanges Relist LUNA? Rumors Claim Terra Founder Reaching Out To Exchanges
Do Kwon, the CEO of Terraform Labs who is currently being investigated by the police for counts of fraud, tax evasion and other violations of financial regulations is rumored requesting Luna 2.0 relisting when they begin issuance.
🔥Breaking: Terra 2.0 Plan Officially Approved, Testnet Goes Live
Terra’s widely watched revival plan has now officially passed, with 65.5% of holders in approval of the move.Under the proposal, the Terra 2.0 blockchain will now be officially launched on May 27, beginning with an airdrop of new LUNA tokens to holders on the old chain.
🔥Just-In: DeFi Giant Lido Votes Against Supporting Terra 2.0
Lido Finance, the largest liquidity staking pool platform, said on Wednesday it will not launch the Lido staking pool on Terra 2.0. The proposal to support Terra’s reboot received 94.57% votes in against from the Lido DAO community.
🔥Just-In: Andreessen Horowitz Launches $4.5 Billion Crypto Fund Amid Market Crash
Silicon Valley-based venture capital firm, Andreessen Horowitz, has made public its plan to back crypto and blockchain companies with a $4.5 billion fund, as revealed by CNBC.
🔥Filecoin (FIL) Slips Nearly 4% As New Allegations Of Fraud Emerge
The Filecoin token’s (FIL) price has fallen nearly 4% in the last 24 hours, as its largest firm came under police investigation in China.Lai Chuhang, the boss of Shikongyun- Filecoin’s largest firm, has been arrested by the Guangxi police on suspicion of fraud and organizing a pyramid scheme.
📈TRON Price Analysis: High Volume Breakout may Lead TRX to $0.9 Mark
After a consolidation phase of eleven days within an ascending triangle pattern, the TRON(TRX) price breached the neckline resistance on May 22nd. Following a retest phase, the coin price rose 8% higher and trades above the support level of $0.080.