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1 Crypto exchange Binance founder says he’s poor again after Terra LUNA crashes to zero | Mint

Crypto exchange Binance founder says he's poor again after Terra LUNA crashes to zero | Mint
  • Author: livemint.com
  • Published Date: 12/31/2021
  • Review: 4.92 (816 vote)
  • Summary: · In 2018, Binance received 15 million tokens of LUNA for its investment of $3 million into the Terra network. At its peak in April this year, the 
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    In 2018, Binance received 15 million tokens of LUNA for its investment of $3 million into the Terra network. At its peak in April this year, the investment in stable coins reached a whopping $1.6 billion. When the stable coin crashed to zero limits – the tokens are not even worth $2,200.

2 Terra Luna Classic Price Forecast – When is the Next Binance Token Burn?

  • Author: cryptonews.com
  • Published Date: 09/18/2022
  • Review: 4.7 (379 vote)
  • Summary: · Binance exchange is taking center stage in Terra Luna Classic (LUNC) token burn process. The exchange’s efforts appear to bear fruit, with 
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    Terra Luna Classic is preparing for a bullish move to $0.00037 after holding firmly at the $0.00025 support. Over the last few weeks, its performance continued to disappoint investors, as they counted losses from $0.00037. However, insight from a double-bottom that recently formed on the four-hour chart indicates a 26% move upward may be on the cards.

3 Binance halts Luna and UST trading across spot pairs following meltdown

  • Author: techcrunch.com
  • Published Date: 08/28/2022
  • Review: 4.57 (575 vote)
  • Summary: · Binance, the world’s largest cryptocurrency exchange, has halted the trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens on 
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    Binance, the world’s largest cryptocurrency exchange, has halted the trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens on its platform following one of the industry’s biggest meltdowns.

4 Billionaire founder of crypto exchange Binance says he’s ‘poor again’ after its luna holdings — once worth $1.6 billion — crashed and are now worth just $2,200 | Business Insider India

  • Author: businessinsider.in
  • Published Date: 03/01/2022
  • Review: 4.39 (568 vote)
  • Summary: · Binance’s luna holdings were worth $1.6 billion in early April when the token hit its peak price. But its recent crash saw that value shrink to 
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    Chanpeng Zhao, the wealthy founder of crypto exchange Binance, joked on Tuesday that he was “poor again” after the exchange’s investments in the luna cryptocurrency crashed from $1.6 billion just a month ago to about $2,200 this week.

5 Terra-Luna Crash: Indian Investors Join US Lawsuit Against Terra Founder, Binance

Terra-Luna Crash: Indian Investors Join US Lawsuit Against Terra Founder, Binance
  • Author: inc42.com
  • Published Date: 01/15/2022
  • Review: 4.05 (590 vote)
  • Summary: · … against Do Kwon, others related to TerraForm Labs and Binance US … its UST-LUNA holdings prior to the complete collapse of the Terra 
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    Two separate class-action lawsuits have been filed with the US District Court, California, against Do Kwon, others related to TerraForm Labs and Binance US

6 Binance CEO Loses Big on Terra LUNA, From $1.6 billion to $2,200 | iTech Post

  • Author: itechpost.com
  • Published Date: 07/08/2022
  • Review: 3.96 (301 vote)
  • Summary: · According to Markets Insider, CZ said that Binance’s LUNA holdings,once valued at $1.6 billion, were received in exchange for the company’s $3 
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  • Author: ndtv.com
  • Published Date: 01/23/2022
  • Review: 3.59 (597 vote)
  • Summary: · Binance’s Luna investment was worth $1.6 billion. Now, it’s less than $3000, and the CEO is moving… Binance was an early backer of Terraform 
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    Changpeng Zhao, the founder of cryptocurrency exchange Binance, tweeted a few days ago that he was “poor again” after losing billions of dollars in cryptocurrency following a market crash, which wiped out the fortunes of many investors. The exchange’s assets in the cryptocurrency Luna fell to just $2,200 from $1.6 billion, at the token’s peak price, a month before. In a tweet, Zhao claimed that Binance held 15 million Luna tokens, which the exchange had obtained in exchange for a $3 million investment in the Terra network, which Luna is founded on. The Luna tokens were “never moved or sold,” he added.

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  • Author: markets.businessinsider.com
  • Published Date: 09/20/2022
  • Review: 3.51 (450 vote)
  • Summary: · In a tweet on Monday, Zhao said Binance, the world’s largest crypto exchange, held 15 million luna tokens. He said Binance received these tokens 
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    Changpeng Zhao, the wealthy founder of the crypto exchange Binance, joked on Tuesday that he was “poor again” after the exchange’s investments in the cryptocurrency luna crashed to about $2,200 from $1.6 billion a month ago.

9 Terra’s LUNA 2.0 airdrop: its starting price in exchanges like Binance

  • Author: fxstreet.com
  • Published Date: 11/17/2021
  • Review: 3.25 (329 vote)
  • Summary: · Kraken announces Luna 2.0 airdrop support, joining Binance and other major crypto exchanges … The crypto exchange Kraken has been the latest to 
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    Ekta Mourya FXStreet

10 Terra Luna Binance Holdings: Binance Never Sold Its 15 Million Luna, Now Worth Mere Thousands

  • Author: gfinityesports.com
  • Published Date: 09/30/2022
  • Review: 3.15 (466 vote)
  • Summary: · The Terra Luna Binance holding of 15 million Luna never left Binance’s wallet, its CEO has said, leaving the exchange with just $2360 in the 
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    The Terra Luna Binance holding of 15 million Luna never left Binance’s wallet, its CEO has said, leaving the exchange with just $2360 in the coin after the Luna crypto crash.

11 Binance CEO CZ to support Terra community but expects more transparency

  • Author: cointelegraph.com
  • Published Date: 07/08/2022
  • Review: 2.86 (158 vote)
  • Summary: · Binance was among the early birds to have suspended UST and LUNA trading on its platform as the Terra ecosystem commenced its death spiral. As a 
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    Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”

12 LUNA 2.0 jumps 75% in 24hrs ahead of Binance listing

  • Author: cryptoslate.com
  • Published Date: 11/26/2021
  • Review: 2.72 (161 vote)
  • Summary: · By May 16, the same tokens were worth just $0.002. After the LUNA airdrop, they will own $87.94 worth of LUNA. Will most investors cut their 
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    The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $20,347.00 and BTC market dominance is %. The price of Ethereum is $1,562.62 and ETH market dominance is %. The best performing cryptoasset sector is Art, which gained 5%.

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