Terra launched a new blockchain with a new luna token on Saturday. Seth Green's animated show starring his stolen NFT is up in the air. And the largest stablecoin issuer in the world launched a token for the Mexican peso. Here's what happened in crypto during the week.
Terra 'forks' into new blockchain with a new luna token
On Saturday, terra 2.0 officially went live, less than a month after two linked cryptocurrencies called terraUSD and luna imploded. The prices of both tokens went down to a few cents or less in under a week, and people who bought the digital currencies lost almost all of their investment.
A community of luna and terra holders voted to make a new blockchain earlier this week. The vote passed, and the @terra_money Twitter account said Friday that Block 1 of the new blockchain had been produced. The new blockchain is called terra, while the original one will be called terra classic.
Both luna classic and terraUSD are still trading for almost nothing, with luna...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...