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What a week it's been for Terra (CRYPTO: LUNA) and its algorithmic stablecoin TerraUSD (CRYPTO: UST) . Trading right at its peg of $1 per token as of May 9 (where it should be), UST is now trading around its all-time low, at just above $0.11 as of 3 p.m. this afternoon. This...
According to South Korea’s local media reports , two South Koren financial authority agencies have started “emergency” investigations into local crypto exchanges in response to the collapse of Terra. In addition, a parliamentary member who is also a member of th...
Last week, the Luna (CRYPTO:LUNA) cryptocurrency collapsed. The crypto, which underpins the Terra USD stablecoin, fell nearly 100% in the span of a single day. The collapse sent ripples across the cryptocurrency industry. The same day that Terra’s peg to the U.S. doll...
The cryptocurrency crisis has gone from bad to worse as LUNA, the native token of the Terra (CRYPTO: LUNA) blockchain, lost over 99% of its value in less than a week. This stunning collapse has dragged down the entire market -- which is now down 41% year to date to $1...
Investors were flummoxed by the sharp fall in Bitcoin’s value and that of other cryptocurrencies this past week, leading the total crypto market capitalization to plummet to as low as $1.23 trillion on May 12, its lowest level since July 2021. Terra Luna’s UST stableco...
Do Kwon, the Terra (LUNA) protocol founder, proposed a resurrection strategy to bring the project back from the ashes. Kwon advocated splitting the protocol’s existing form into two distinct ecosystems, Terra Classic and Terra 2.0. Terra Classic will favour users; this ch...
Luna Innovations Incorporated (LUNA) Q1 2022 Earnings Conference Call May 16, 2022 08:30 AM ET Company Participants Allison Woody - Director of Administration Scott Graeff - President and Chief Executive Officer Gene Nestro - Chief Financial Officer Brian Soller - Chief Operating Officer Conf...
In this video, I will be talking about the recent crypto crash fueled by Terra (CRYPTO: LUNA) and go over Coinbase 's (NASDAQ: COIN) recent earnings report. For the full insights, do watch the video, consider subscribing, and click the special offer link below. ...
The following slide deck was published by Luna Innovations Incorporated in conjunction with their 2022 Q1 earnings call. For further details see: Luna Innovations Incorporated 2022 Q1 - Results - Earnings Call Presentation
Luna Innovations press release (NASDAQ:LUNA): Q1 Non-GAAP EPS of $0.05 beats by $0.05. Revenue of $22.5M (+7.1% Y/Y) beats by $1.48M. Outlook: Total revenue of $109M to $115M for FY2022 vs. consensus of $110.12M; Adjusted EBITDA of $10M to $12M for the year; Total revenues in the range o...
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Luna Innovations Incorporated (NASDAQ: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced the appointment of Kevin Ilcisin as its new President and Chief Executive Officer, the retirement of Richard Roedel from the Board of Directors (th...
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