• Fair Use Disclaimer
  • Terms and Conditions
  • Social Media Disclaimer
  • Privacy Policy
  • Medical Disclaimer
  • FTC Compliance
  • Earnings Disclaimer
  • DMCA Compliance
  • Copyright Notice
  • Anti-Spam Policy
  • Contact
    • About
InfluencerWorldDaily.com
  • Home
  • Business

    Elon Musk sets aside his strained relationship with Joe Biden to meet with top White House aides

    Sam Bankman-Fried tried to influence witness through Signal: DOJ

    Can Freedom of Speech Destroy Freedom of Speech?

    Can Freedom of Speech Destroy Freedom of Speech?

    Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall

    Inflation drops and consumer spending slows in latest December report

    Adani shares fall further as it weighs legal action against Hindenburg

  • Politics

    I’m George Santos, And How Lucky Are You To Meet Me

    The Stupid, It Burns … Books!

    Can Freedom of Speech Destroy Freedom of Speech?

    Can Freedom of Speech Destroy Freedom of Speech?

    Congressional Florida Man Gives Out Dummy Grenades To Fellow Republican Dummies

    Deranged Fox News Hunter Biden Fantasies Gettin’ Kinda Weird, Y’all. Yes, Just Now.

    North Dakota Republican Declares LITTERBOX EMERGENCY. Don’t Laugh At Her, She Is A Child Of God!

  • Marketing

    The Role of Technology in Advancing Digital Transformation

    Does your organization need a call analytics platform?

    Why we care about marketing compliance

    3 email marketing shifts to make in 2023

    Top 3 priorities for your 2023 B2B marketing strategy

    37 questions to ask call analytics vendors during the demo

  • CEO

    Reshoring Revolution: A Special Report

    4 Things Investors Look for in Company Leaders

    Creating Connections

    Accelerating energy transition with human centricity

    An Ask Me Anything Session

    Developing a Business Coalition to Bolster Your Local Community

  • Fashion

    Hailey Bieber Debuts New Box Bob

    See How Style Girls Are Rocking Leggings In 2023

    The 15 Best Leather Dresses From Mini To Midi & More

    French luxury group LVMH’s revenue grows 23% to €79.2 bn in FY22

    Spring/Summer 2023 Fashion Trends: 21 Expert-Approved Looks

    Pregnancy Clothes Are Far From Boring Now

  • Music

    Linkin Park launch mysterious ‘Numb’-referencing countdown

    The Reytons land first Number 1 album with ‘What’s Rock And Roll?’ – Music News

    Paramore Tops Alternative Airplay Chart for First Time – Billboard

    Elton John gig in Auckland cancelled just minutes before stage time after huge floods

    Tom Grennan announces new album – Music News

    How to Watch ‘The 1619 Project’ on Hulu for Free – Billboard

  • Film

    Titans Ending Means We Lose More On-Screen Superhero Diversity

    Mrs. Catherine Stovall (1919-2023) | Tributes

    ‘M3GAN’ Is Now Available on Watch at Home

    10 2022 Movies That Deserved An Oscar Nomination For Best Picture

    Sundance 2023: A Little Prayer, Eileen, Bad Behaviour

    Kevin Feige Reveals Why ‘Ant-Man’ Kicks Off MCU Phase 5

  • Television

    Law & Order: Season 22 Ratings – canceled + renewed TV shows

    Teresa Giudice throws major shade in RHONJ tagline

    The Last of Us TV Show on HBO: Season One Viewer Votes – canceled + renewed TV shows

    Iggy Azalea has a laugh in red bikini for photo shoot

    Family Guy: Season 21 Ratings (2022-23) – canceled + renewed TV shows

    Luana Alonso shows passion for fitness with sweat session

  • Books

    New Jesmyn Ward Novel LET US DESCEND Coming in October

    The Buzziest Books of January | 2023

    Beacon Audiobooks Releases “Wake the Neighbors” By Author Richard Adamson

    Beacon Audiobooks Releases “Wake the Neighbors” By Author Richard Adamson

    Author W.A. Holmes Releases New Novel “The Ravenwood Curse”

    Author W.A. Holmes Releases New Novel “The Ravenwood Curse”

    WOLFGANG IN THE WILD | Kirkus Reviews

    Book Censorship News, January 27, 2023

  • Social Media

    Musk Meets Top Congressional Leaders To Ensure Twitter ‘Fair To Both Parties’

    Twitter Publishes 2023 Marketing Calendar to Assist with Campaign Planning

    Trump Is Returning To Facebook – Should Measures Be Taken To Keep Him In Check?

    Twitter Works to Update Code Amid Complaints of Reduced Reach and Engagement

    The Most Visited Websites in the World – 2023 Edition [Infographic]

    The Most Visited Websites in the World – 2023 Edition [Infographic]

    Google Outlines Ongoing Efforts to Combat China-Based Influence Operations Targeting Social Apps

  • Contact
    • About
  • Home
  • Business

    Elon Musk sets aside his strained relationship with Joe Biden to meet with top White House aides

    Sam Bankman-Fried tried to influence witness through Signal: DOJ

    Can Freedom of Speech Destroy Freedom of Speech?

    Can Freedom of Speech Destroy Freedom of Speech?

    Goodyear to Cut 500 Jobs, Warns of Earnings Shortfall

    Inflation drops and consumer spending slows in latest December report

    Adani shares fall further as it weighs legal action against Hindenburg

  • Politics

    I’m George Santos, And How Lucky Are You To Meet Me

    The Stupid, It Burns … Books!

    Can Freedom of Speech Destroy Freedom of Speech?

    Can Freedom of Speech Destroy Freedom of Speech?

    Congressional Florida Man Gives Out Dummy Grenades To Fellow Republican Dummies

    Deranged Fox News Hunter Biden Fantasies Gettin’ Kinda Weird, Y’all. Yes, Just Now.

    North Dakota Republican Declares LITTERBOX EMERGENCY. Don’t Laugh At Her, She Is A Child Of God!

  • Marketing

    The Role of Technology in Advancing Digital Transformation

    Does your organization need a call analytics platform?

    Why we care about marketing compliance

    3 email marketing shifts to make in 2023

    Top 3 priorities for your 2023 B2B marketing strategy

    37 questions to ask call analytics vendors during the demo

  • CEO

    Reshoring Revolution: A Special Report

    4 Things Investors Look for in Company Leaders

    Creating Connections

    Accelerating energy transition with human centricity

    An Ask Me Anything Session

    Developing a Business Coalition to Bolster Your Local Community

  • Fashion

    Hailey Bieber Debuts New Box Bob

    See How Style Girls Are Rocking Leggings In 2023

    The 15 Best Leather Dresses From Mini To Midi & More

    French luxury group LVMH’s revenue grows 23% to €79.2 bn in FY22

    Spring/Summer 2023 Fashion Trends: 21 Expert-Approved Looks

    Pregnancy Clothes Are Far From Boring Now

  • Music

    Linkin Park launch mysterious ‘Numb’-referencing countdown

    The Reytons land first Number 1 album with ‘What’s Rock And Roll?’ – Music News

    Paramore Tops Alternative Airplay Chart for First Time – Billboard

    Elton John gig in Auckland cancelled just minutes before stage time after huge floods

    Tom Grennan announces new album – Music News

    How to Watch ‘The 1619 Project’ on Hulu for Free – Billboard

  • Film

    Titans Ending Means We Lose More On-Screen Superhero Diversity

    Mrs. Catherine Stovall (1919-2023) | Tributes

    ‘M3GAN’ Is Now Available on Watch at Home

    10 2022 Movies That Deserved An Oscar Nomination For Best Picture

    Sundance 2023: A Little Prayer, Eileen, Bad Behaviour

    Kevin Feige Reveals Why ‘Ant-Man’ Kicks Off MCU Phase 5

  • Television

    Law & Order: Season 22 Ratings – canceled + renewed TV shows

    Teresa Giudice throws major shade in RHONJ tagline

    The Last of Us TV Show on HBO: Season One Viewer Votes – canceled + renewed TV shows

    Iggy Azalea has a laugh in red bikini for photo shoot

    Family Guy: Season 21 Ratings (2022-23) – canceled + renewed TV shows

    Luana Alonso shows passion for fitness with sweat session

  • Books

    New Jesmyn Ward Novel LET US DESCEND Coming in October

    The Buzziest Books of January | 2023

    Beacon Audiobooks Releases “Wake the Neighbors” By Author Richard Adamson

    Beacon Audiobooks Releases “Wake the Neighbors” By Author Richard Adamson

    Author W.A. Holmes Releases New Novel “The Ravenwood Curse”

    Author W.A. Holmes Releases New Novel “The Ravenwood Curse”

    WOLFGANG IN THE WILD | Kirkus Reviews

    Book Censorship News, January 27, 2023

  • Social Media

    Musk Meets Top Congressional Leaders To Ensure Twitter ‘Fair To Both Parties’

    Twitter Publishes 2023 Marketing Calendar to Assist with Campaign Planning

    Trump Is Returning To Facebook – Should Measures Be Taken To Keep Him In Check?

    Twitter Works to Update Code Amid Complaints of Reduced Reach and Engagement

    The Most Visited Websites in the World – 2023 Edition [Infographic]

    The Most Visited Websites in the World – 2023 Edition [Infographic]

    Google Outlines Ongoing Efforts to Combat China-Based Influence Operations Targeting Social Apps

  • Contact
    • About
No Result
View All Result
InfluencerWorldDaily.com
No Result
View All Result
Home Business

New Luna cryptocurrency is already crashing

by admin
May 30, 2022
in Business


Cryptocurrency markets have seen a steep sell-off after the collapse of controversial blockchain project Terra.

Dan Kitwood | Getty Images

A new version of the collapsed luna cryptocurrency is already live on major exchanges — and it’s gotten off to a bad start.

Last week, supporters of the Terra blockchain project voted to revive luna but not terraUSD, a so-called “stablecoin” that plunged below its intended peg to the dollar, causing panic in the crypto market.

TerraUSD, or UST, is what’s known as an algorithmic stablecoin. It relied on code and a sister token, luna, to maintain a $1 value. But as digital currency prices fell, investors fled the stablecoin, sending UST tumbling — and taking luna down with it.

At its height, the old luna — now known as “luna classic” — had a circulating supply of over $40 billion.

Now, luna has a new iteration, which investors are calling Terra 2.0. It is already trading on exchanges including Bybit, Kucoin and Huobi. Binance, the world’s largest crypto exchange, says it will list luna on Tuesday.

Its launch has not gone well.

After reaching a peak of $19.53 on Saturday, luna dropped as low as $4.39 just hours later, according to CoinGecko data. It has since settled at a price of around $5.90.

Analysts are deeply skeptical about the chances of Terra’s revived blockchain being a success. It will have to compete with a host of other so-called “Layer 1” networks — the infrastructure that underpins cryptocurrencies like ethereum, solana and cardano.

Terra is distributing luna tokens through what’s called an “airdrop.” Most will go to those who held luna classic and UST before their collapse, in an effort to compensate investors.

But many investors burned by the debacle are unlikely to trust Terra a second time, experts say. Vijay Ayyar, head of international at crypto exchange Luno, said there’s been a “massive loss in confidence” in the project.



Original Source Link

admin

admin

Related Posts

Business

Elon Musk sets aside his strained relationship with Joe Biden to meet with top White House aides

January 28, 2023
Business

Sam Bankman-Fried tried to influence witness through Signal: DOJ

January 28, 2023
Can Freedom of Speech Destroy Freedom of Speech?
Business

Can Freedom of Speech Destroy Freedom of Speech?

January 27, 2023
Next Post

Deftones' Chino Moreno joins Gojira on stage for Sepultura cover

The 20 Best High-Leg Bikinis, Period

Why Someone Will Not Return A Call

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

Law & Order: Season 22 Ratings – canceled + renewed TV shows

3 hours ago

The Role of Technology in Advancing Digital Transformation

3 hours ago

Reshoring Revolution: A Special Report

4 hours ago

Hailey Bieber Debuts New Box Bob

4 hours ago

Musk Meets Top Congressional Leaders To Ensure Twitter ‘Fair To Both Parties’

4 hours ago

Linkin Park launch mysterious ‘Numb’-referencing countdown

4 hours ago

Elon Musk sets aside his strained relationship with Joe Biden to meet with top White House aides

4 hours ago

I’m George Santos, And How Lucky Are You To Meet Me

5 hours ago

New Jesmyn Ward Novel LET US DESCEND Coming in October

5 hours ago

Titans Ending Means We Lose More On-Screen Superhero Diversity

5 hours ago

Categories

  • Books (1,668)
  • Business (2,223)
  • CEO (1,172)
  • Events (3)
  • Fashion (1,938)
  • Film (2,210)
  • Interviews (3)
  • Marketing (1,142)
  • Music (2,237)
  • News (5)
  • Politics (1,144)
  • Social Media (1,131)
  • Television (2,227)
No Result
View All Result
get paid to do simple media jobs online

Editor's Picks

The Stupid, It Burns … Books!

How Easy Is It to Pirate Books?

Brittany Mahomes shares latest gym outfit after baby

Book Riot’s Deals of the Day for January 24, 2023

Hello, Monday White House Presser!

Law & Order: Season 22 Ratings – canceled + renewed TV shows

Archives

  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Trending

Music

Björk’s daughter Ísadóra shares first original solo song

by admin
January 23, 2023

Björk‘s daughter Ísadóra has released an original solo song titled ‘bergmál’ – listen below. READ MORE: Björk on...

Book Riot’s Deals of the Day for January 21, 2023

January 23, 2023

O-Mail is an AI-integrated web email application

January 22, 2023

Jenelle Evans says she ‘dodged the drama’ amid Teen Mom Family Reunion feud

January 23, 2023

Amazon adds generic prescription perk for Prime members

January 24, 2023

Editors Picks

‘Creed’ Is Getting a ‘Drago’ Spinoff Film

July 28, 2022

Here’s what Cadillac’s new $300,000 electric sedan will look like

July 22, 2022

Jennifer Lopez Poses Nude for JLo Body Launch on 53rd Birthday – Billboard

July 24, 2022

Category

  • Books (1,668)
  • Business (2,223)
  • CEO (1,172)
  • Events (3)
  • Fashion (1,938)
  • Film (2,210)
  • Interviews (3)
  • Marketing (1,142)
  • Music (2,237)
  • News (5)
  • Politics (1,144)
  • Social Media (1,131)
  • Television (2,227)

Readers Picks

Law & Order: Season 22 Ratings – canceled + renewed TV shows

January 28, 2023

The Role of Technology in Advancing Digital Transformation

January 28, 2023

Reshoring Revolution: A Special Report

January 28, 2023

© 2022 Copyright - InfluencerWorldDaily.com - All Rights Reserved

No Result
View All Result
  • Home
  • Business
  • Politics
  • Marketing
  • CEO
  • Fashion
  • Music
  • Film
  • Television
  • Books
  • Social Media
  • Contact
    • About

© 2022 Copyright - InfluencerWorldDaily.com - All Rights Reserved

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT