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2. Terra (blockchain) - Wikipedia

   en.wikipedia.org/wiki/Terra_(blockchain)

   Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]

3. Terraform Labs files for bankruptcy protection in US - AOL

   www.aol.com/news/terraform-labs-files-bankruptcy...

   (Reuters) -Terraform Labs (TFL), the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets in 2022, filed for Chapter 11 bankruptcy in the United States ...

4. Do Kwon - Wikipedia

   en.wikipedia.org/wiki/Do_Kwon

   The Terra blockchain began its collapse on 7 May 2022 when several prominent investors sold over $285 million worth of UST. [ citation needed ] On 8 May 2022, the value of UST hit a low of $0.985, and the Luna Foundation Guard (LFG), created to be a reserve for Luna, loaned a total of $1.5 billion to defend the peg and subside the volatility of ...

5. List of blockchains - Wikipedia

   en.wikipedia.org/wiki/List_of_blockchains

   Terra Classic? Do Kwon and others LUNC (formerly LUNA), UST Formerly Terra until May 2022; ecosystem collapsed in May 2022 (UST depegged to near-zero and LUNA also went to near-zero) Terra 2.0 May 28, 2022 LUNA New blockchain created following the collapse of Terra. [25] Stellar: Apr 6, 2016 XLM BFT? ? Yes ? [4] EOS.IO: Jul 1, 2017 ? EOS DPoS ...

6. The SEC hits crypto firm TerraForm with a $4.5 billion ... - AOL

   www.aol.com/finance/sec-hits-crypto-firm-terra...

   The SEC hits crypto firm TerraForm with a $4.5 billion penalty—but no one is going to pay it. Jeff John Roberts. June 13, 2024 at 9:26 AM. ... Thanksgiving Travel Latest: Airport strikes ...

7. Terra Signs Music Streaming Platform to Crypto Payments ... - AOL

   www.aol.com/news/terra-signs-music-streaming...

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8. Cryptocurrency - Wikipedia

   en.wikipedia.org/wiki/Cryptocurrency

   A cryptocurrency, crypto-currency, or crypto [a] is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

9. Finance News & Latest Business Headlines - AOL.com

   www.aol.com/finance

   Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.