Terraform Labs, the company behind the Terra (LUNA) blockchain, has partnered with Web3-focused venture fund LongHash Ventures to “open up the LongHashX Accelerator to founders and startups building in the Terra ecosystem,” per a press release shared with CryptoSlate today. As a result of this partnership, LongHash Ventures will open its network of investors and…
While the crypto market remains highly volatile amid the ongoing armed conflict between Russia and Ukraine, Terra (LUNA) swiftly moved against the crowd and surged by more than 70% over the past seven days. At press time, LUNA was trading at $85.83, up 15.3% on the day, according to CryptoSlate data. On the weekly chart,…
Blockchain project Terra and its native token LUNA have quickly moved from the sidelines to the forefront of DeFi. With over $1.9 billion in TVL, it’s the fifth largest blockchain project, trailing closely behind Avalanche. With several major fundamental developments underway, LUNA saw its price increase by over 50% in the past week, with industry…
Chainlink Price Feeds, the most widely relied on decentralized price oracle solution across DeFi, is now live on the Terra testnet, the team stated in a release Monday. 1/ Thrilled to announce that @chainlink has officially gone live with their integration of premium market data on the Terra testnet! #LUNAtics, please welcome DeFi’s most widely…
Twitter user @Bitcoin_Sage confirmed Terra’s Columbus-5 upgrade is operating as it should, following its first “stresstest” in minting Galactic Punks NFTs. “Columbus-5 succesfully [sic] passed its first real ‘stresstest’ during the galactic punks minting. 1000 tx in a block, without any hiccups. A major milestone for all LUNAtics.” A strong 2021 has seen 6,500% YTD…
The Terra blockchain is about to get its biggest upgrade today, transitioning from the Columbus 4 to the Columbus 5 version. With the Columbus 5 mainnet set to deploy on September 29th, we take a look at some of the biggest differences the upgrade will bring to the protocol. Columbus 5 marks the beginning of…
Just six months after its launch, Terra‘s Anchor protocol surpassed $4 billion in total value locked (TVL). The Terra-native savings protocol offers users 18-20% yields on stablecoins and has quickly positioned itself at the forefront of DeFi. According to a recent report, the protocol is set to continue its growth, albeit at a slower and…
On balance, 2021 has been an exceptional year for Terra so far. And, as developments on the project begin to converge, the rest of 2021 suggests the best is yet to come. But what are these developments, and how will they boost the Terra ecosystem? $LUNA is making moves Terra launched in 2018, making it…
The growing awareness for Terra’s native token LUNA has been largely driven by broadcasts surrounding the network’s pivotal upgrade, Columbus-5 initially planned for September 9. The Terra team has recently announced that the Columbus-5 mainnet deployment will be delayed for roughly three weeks while reassuring the impatient community there is “no reason to fret.” Why…
“I truly believe what we are seeing is just the beginning of what may be the craziest 4 months for L1’s. As $LUNA upgrades to Col-5, $ADA rolls out smart contracts, $KSM and $DOT roll out parachains, $AVAX and $SOL continue development and adoption, things are gonna get insane.” And with Bitcoin dominance floundering at…