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A Sleeping Bitcoin Whale Just Woke After 8.5 Years, Address Holding 1,000 BTC Activated

Albert Brown
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A Sleeping Bitcoin Whale Just Woke After 8.5 Years, Address Holding 1,000 BTC Activated

A dormant wallet activated after 8.5 years.



A Bitcoin whale that has been dormant for close to 9 years has just gone active. The said crypto wallet holds a stash of 1,000 BTC coins worth around $30.39 million at the current market price. 8.5 years before the 1000 BTC were worth $468,643. This is an increase of almost 6301.46%.

The news was broken on Twitter by Whale Alert, an entity that focuses on tracking and reporting on blockchain analytics and transactions.

 

Signs Of Flight?

The sudden whale activity has sparked a hot conversation about what it means for the market. Is it that Bitcoin whales are now scared of the price crash or is this just an isolated incident of a whale electing to go active at this particular time? It’s still unclear what the whale is planning to do with the 1,000 BTC held in that wallet.

As reported by TheCryptoBasic, the number of Bitcoin whales is decreasing at an alarming rate, which means whales are selling and not holding BTC anymore. As of January 19, 2022, BTC whales in the market totaled 1,781. Today, the number has decreased to 1,776, marking an 18-month low.

Granted, there may be some fear spreading among investors in the crypto market after Terra Luna’s sudden capitulation. However, it’s fair to note that Luna’s case is very different from what usually happens to the rest of the market. Terra Luna was attacked.

Not The First Whale To Wake Up

Notably, this is not the first Bitcoin whale to go active after years of slumber. Just recently, another Bitcoin wallet containing 1,000 BTC was activated. This particular one was dormant for over 12 years. This indicates a trend of long-time BTC whales going active. It’s still unknown whether these wallets belong to the same person or if they’re just isolated incidents.

Either way, the owner of this wallet are in for huge profits considering the prices at which they bought Bitcoin almost a decade ago.

Dhahab Sports (DHS) Entered into the Crypto Marketing!

Mark Brennan
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Dhahab Sports (DHS) Entered into the Crypto Marketing!

Dhahab Sports (DHS) is a Utility Token that democratizes relationships in soccer, bringing unique and scalable opportunities to sports lovers, athletes, sponsors, investors, and more.

The sports industry has recognized the potential that cryptocurrencies and Blockchain technology provide to monetize fan involvement further, attract sponsors, and engage a global market in previously imagined ways. Passionate fans, each a digital technology citizen, consume sports and related material beyond the period of a contest. Teams, clubs, and athletic organizations are innovating to thrive in the new digital era and fulfill fan expectations.

Dhahab Sports (DHS)

With a focus on career management, Dhahab Sports Management is a sports agency run by sports experts that represents high-performance soccer talent at all levels of competition. In addition to over eight years of expertise, hundreds of international transfers have taken place with the top clubs in the Americas, Europe, the Middle west, and Asia.

Dhahab Sports (DHS) has experts in physical education, postgraduates in sports training, and a variety of other complementing courses in the sports, bodybuilding, and educational fields on its executive board.

As a result of this extensive knowledge and experience, the platform was able to establish strong working relationships with virtually all of the clubs competing in the A, B, C, and D series of the Brazilian Soccer Championship, allowing Dhahab Sports to gain access to clubs competing in the first, second, and third division series of the state championships. For financial backing, Dhahab Sport has a set of soccer players.

Brand Ambassador

Marcos dos Santos Assunção (Marcus Assunção) has been appointed as the brand ambassador for Dhahab Sports. He’s a former professional soccer player in Brazil. He is a center midfielder and was formerly known as a free-kick expert of international fame. He represented Brazil at the international level on eleven occasions between 1998 and 2000. Now he is on the Dhahab Sports team!

Work of Dhahab Sports

In addition to acting as an intermediary and providing consultation between athletes and clubs, Dhahab Sports is responsible for the overall management of all federative and economic rights. The platform has partnerships with multiple soccer schools in various nations to engage with grassroots athletes while also providing advice to the finest clubs and businesses in the world. Dhahab Sports’ portfolio consists of 21 high-level athletes managed through two offices, one in Rio de Janeiro and the other in Abu Dhabi, United Arab Emirates.

Soccer Player of Dhahab Sports

When it comes to forming new businesses, finance is the elixir that allows the company to take advantage of growth opportunities. The Dhahab Sports platform has 21 extraordinarily competent and experienced soccer players on its list for financial backing. They are specialists in a specific position, such as left winger, center back, goalkeeper, etc. Dhahab Sports has five Stricker, two Centre Back players, two Defensive Midfielders, three Left Winger, one Right Winger, two Goalkeepers, one Center Forward, two Left Forward, and one Defensive Midfielder, one Attacking Midfielder, and one Central Midfielder. Currently, Dhahab Sports is in the IDO phase. Let’s discuss the importance of IDO.

Importance of IDO for Dhahab Sports

Dhahab Sports is now in the IDO phase, which indicates that its cryptocurrency token offering will be conducted on a Decentralized Exchange (DEX). Liquidity pools (LP) are essential in IDOs because they provide liquidity after the sale of the assets. A typical IDO allows users to lock funds in exchange for new tokens during the token creation event. Some of the funds raised are combined with the new token to create an LP before being returned later to the project. IDO will provide a low-cost and easy method for Dahab Sports to distribute its tokens.

Dhahab Sport is now in the IDO phase.

To learn more, please visit DHS’s official website now!

About DHS:

TokenTracker: Dhahab Sports – (DHS)
Total Supply: 5,000,000,000 DHS
Protocol: BEP-20 – Binance Smart Contract (BSC)
Official Website: http://dhahabsports.com/
Token Contract: 0x56f9E72C03b6c324c0A703F11a3a5aB3f37E126c

Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna And UST Incident

Mark Brennan
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Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna And UST Incident

 

Binance CEO “Very Disappointed” With How The Terra Team Handled The Luna Incident.



Terra Luna seems to be antagonizing people from all corners of the crypto industry. Now, Binance CEO himself is speaking out against how the Terra Team (or Luna Foundation) handled the recent incident that sent the crypto into capitulation. As usual, CZ aired his views on Crypto Twitter.

“I am very disappointed with how this UST/LUNA incident was handled (or not handled) by the Terra team.”

 

Apparently, a huge number of LUNA was minted as a result of a critical flow in the Terra protocol. Due to this, validators suspended the entire network resulting in eliminating the possibility of withdrawals and deposits to and from any exchange.

 

As Users on Binance continued to buy Luna, unaware of the fact that a vast amount of Luna was minted, these users would be hit hard because the price would crash harder as the large amounts of newly minted coins enter exchanges. Binance suspended Luna trading to prevent this from happening. In essence, Binance took steps to protect investors.

Not Like Other Teams

According to CZ, Binance was quick to notify the Terra team to restart the network and move to burn all the extra minted coins to prevent them from circulating and messing with the market. This would have worked to reinstate the UST peg with the USD. However, the Terra team did not heed this call.

“We requested their team to restore the network, burn the extra minted LUNA, and recover the UST peg. So far, we have not gotten any positive response, or much response at all.”

Suspension “Not An Easy Call”

CZ goes on to commend other teams like the Axie Infinity that took quick steps to secure their market when issues arrived. According to him, this particular team “took accountability, had a plan, and was proactive” in working with the exchange to prevent adverse effects.

“This is in sharp contrast to Axie Infinity, where the team took accountability, had a plan, and were communicating with us proactively. And we helped.”

The CEO admits that the decision to suspend Luna trading on the Binance exchange wasn’t an easy call to make. People’s funds were on the line. Still, some people aren’t happy with Binance. Some believe that the suspension came a bit too late when investors were already hurting. However, there’s a general consensus that it was the right call under the tough circumstances.

DOGE Founder Calls Out “Tech Bros Hubris,” Hits Out At Terra (LUNA)

Mark Brennan
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DOGE Founder Calls Out “Tech Bros Hubris,” Hits Out At Terra (LUNA)

 

DOGE Co-creator Calls Out “Tech Bros Hubris,” Hits Out At Terra Luna



“Tech Bro Of All Tech Bros”

Markus blames the recent flash crash squarely on the “tech bros’ hubris,” singling out Terra Luna’s Do Kwon.

The dog founder started saying:

“tech bros operate in a bubble where they all read the same game theory book and think they understand everything about human nature. They don’t know how humans really behave outside of their bubble when they design things that is why you shouldn’t blindly listen to them”

He referred to him as “the tech bro of all tech bros.” According to Billy Markus, tech professionals in the crypto space have often been seen in a bad light by people because a lot of them are ill-mannered in how they engage the community.

He shared a tweet where Do Kwon was responding to someone pointing out an attack vector to demonstrate his point. Apparently, Do Kwon didn’t seem to be keen on engaging positively.

 

It’s worth noting that Do Kwon is the founder of TerraUSD (UST), the stablecoin that is currently in the gutters after being attacked. The attack has also affected Terra Luna. Billy Markus says he doesn’t like hearing or reading anything to do with Luna these days.

 

Terra Luna is currently at position 230 and trading at $0.000038. In April, the same coin was trading at around $119. Billy isn’t the first popular crypto player to slam Luna. A few days ago, Peter Brandt did it.

The crypto market seems to be making efforts to scare away the bears after a sudden bearish move that has seen the majority of the coins lose their value in double-digit percentages. Currently, some are recording small wins here and there, although they have a long way to go before they can cover the loss. The markets are still red, but one Billy Markus has intimated that he still feels joyful when he sees tips being shared online.

Dogecoin Tips Still Flying Around

In a tweet, Billy was particularly happy about Dogecoin, especially since he’s a co-creator of the now popular meme coin. The sharing of Dogecoin tips on Twitter is keeping Billy hopeful despite the current market hardships.

 

A look at the data on CoinMarketCap reveals that DOGE is currently at position 10 and trading at around $0.088. This records a 16% price increase over the last 24 hours. However, the coin is still posting a 7-day decrease of 30%. Going on, Billy Markus had a few words to throw at some unruly “tech bros.”

Elon Musk Stops Twitter Deal After Report Shows That Twitter Spam Accounts Represent Less Than 5% Of Users

Mark Brennan
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Elon Musk Stops Twitter Deal After Report Shows That Twitter Spam Accounts Represent Less Than 5% Of Users

 

Elon Musk wanted to acquire twitter to end spam, but a report shows that Twitter spam represents less than 5% of users.


 

 

Twitter reported on Monday that fake or spam accounts represent less than 5% of Twitter’s daily active users during the first quarter. The report came after days when Elon confirmed that his main priority would be to end Twitter spam or die trying.

After the report, Elon Musk confirms that he is putting the Twitter deal to halt. 

Previously board behind popular microblogging platform Twitter did not want the deal but finally announced that it has reached an agreement with Elon Musk due to regulatory affairs, a development that allowed Tesla’s CEO and founder to acquire 100% of the company’s stake.

Shib Price Makes A Comeback As Mysterious Whale Buys Dip Adding 1.02 Trillion Shiba Inu, Now Holds 9.8T SHIB

Zabi
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Shib Price Makes A Comeback As Mysterious Whale Buys Dip Adding 1.02 Trillion Shiba Inu, Now Holds 9.8T SHIB

 

Mysterious Whale Scooped Up Whopping 1.02 Trillion Shiba Inu (SHIB), Worth $12.34 Million; Now Holds 9.89 Trillion SHIB.


 

Mysterious SHIB Whale gobbled up another 1.02 Trillion Shiba Inu (SHIB), worth $12.34 Million taking advantage of the Shiba Inu price dropping to lows of $0.000095 on Thursday, showing a decrease of -34.32% in a week.

The mysterious SHIB whale took advantage of the recent discounted prices and added a whopping total of 1,023,982,500,000 (1.023T) SHIB, worth $12,340,423 ($12.34M, through four separate transactions in the last 24 hours, Etherscan.io reports.

This recent accumulation of the world’s famous canine-themed cryptocurrency bolsters her Shiba Inu holdings to a whopping total of 9,899,885,820,558 (9.89T) SHIB, worth $129,391,507 ($129.39M).

Breakdown of Transactions:

The wallet interacted with three different wallets and accumulated the different numbers of Shiba Inu tokens through four separate transactions. Two wallets are linked to “Binance,” whereas the other wallet belongs to one of the biggest ETH Whales named “BlueWhale0073”.

BlueWhale0073 Transfer of Shiba Inu Assets to the Mysterious SHIB Whale Continue:

On May 12, the blockchain data tracking website, WhaleStats reported that the 303rd biggest ETH Whale named “BlueWhale0073” had accumulated 455,957,607,129 (455.95B) SHIB, worth $4,933,461 ($4.93M) in one significant transaction.

Following this transaction, Etherscan.io data reveals that the whale performed one “OUT” transaction and transferred a whopping total of 457,267,606,948 (457.26B) SHIB, worth $6,049,650 ($6.04M) to the elusive address. Following this transfer, the total SHIB balance for the BlueWhale0073 was reduced to only 846,478,026 (846.47M) SHIB, worth $11,198.

Besides the above-mentioned transfer, the Mysterious whale also accumulated 107,133,607,112 (107.13B) SHIB, worth $1,440,947 ($1.44M) from one of the Binance wallets named “Binance 15” in one significant transaction, and 459,581,261,517 (459.58B) SHIB, worth $6,181,367 ($6.18M) from “Binance 14” in second transaction.

The Mysterious SHIB whale now holds a whopping total of 9,899,885,820,558 (9.89T) SHIB, worth $129,391,507 ($129.39M).

Following such a massive accumulation, Shiba Inu’s price jumped over 27% to $0.00001365. The other catalyst behind these eye-popping gains is the listing of SHIB on the fastest-growing Middle East Exchange, Rain.

Blizz Finance Depleted After LUNA Feeds Pause, Fingers Pointed At Chainlink

Albert Brown
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Blizz Finance Depleted After LUNA Feeds Pause, Fingers Pointed At Chainlink

 

Blizz Finance Depleted After LUNA Feeds Pause, Fingers Pointed At Chainlink.


 

LUNA is yet again in the headlines as a loss-causing coin. This time around, the incident occurred on Chainlink, a blockchain that facilitates hybrid smart contracts to power decentralized applications. When LUNA’s price fell and reached the minimum value allowed for the LUNA/USD on Chainlink, Chainlink paused the price updates for LUNA.

blizz finance hacked

Image source: Wu Blockchain

How Hackers Drained Funds

The pausing of price updates for LUNA meant that the entities operating on the network were left unaware of what was happening to the LUNA price. This allowed attackers to deposit millions of LUNA at the previous higher price of $0.10 as assigned by the Chainlink Oracle that wasn’t updated at the time. They then went on to borrow the value of their entire collateral.

Chainlink To Blame?

Fingers are now pointing at Chainlink for what some believe was a laxity that allowed bad actors to deposit low-value LUNA and still borrow their entire collateral that should have been much lower in value given the downward change in LUNA’s price at the time. Blizz Finance is one of the many entities that lost money during the incident when the attackers borrowed more than they deposited. Blizz Finance is a liquidity protocol running on Avalanche.

 

Blizz Finance took to twitter to express its dissatisfaction at how Chainlink handled LUNA’s market crash. Chainlink was built to provide constant price updates to decentralized services via its Oracle functionality, but in this case, it failed to issue updates. This laxity is now seen as the major cause of the losses incurred by Blizz Finance and other entities.

Blizz Finance says that a post-mortem of the incident to follow.

Terra LUNA has been a pain for many investors ever since its price started a sharp downward move. The coin is currently trading at a disappointing $0.000038 and has gone further down to position 232 in the charts. Just a few weeks ago, LUNA was among the top 20 cryptos in the market and trading at over $115.

Taking Benefit Of Low Prices, Over 607 Million Shiba Inu (SHIB) Burnt In 24 Hours

Zabi
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Taking Benefit Of Low Prices, Over 607 Million Shiba Inu (SHIB) Burnt In 24 Hours

 

Shiba Inu Community has burned over 607.53 million SHIB in the last 24 hours, taking the benefit of low prices.



Shibburn.com recently reported that within the last 24 hours, 12 transactions have been made, through which 607,530,847 (607.53M) SHIB were destroyed, with the help of a new burn portal.

The burn rate surges 307.56% over the last day when only 182,180,686 (182.18M) SHIB tokens have been taken out of circulation forever through 14 separate transactions.

SHIB Burn Portal is the driving force behind these massive burns (officially launched on April 23, 2022). The burn rate now has increased manifolds. Since the launch of the SHIB Burn Portal on ShibaSwap, 27.28 Billion SHIB has been taken out of circulation forever through almost a thousand separate transactions.

Top SHIB Burner of the Day:

An unknown wallet address has sent 468,559,352 (468.55M) SHIB, worth $6,231 to the dead wallet through two separate transactions, Etherscan.io data reports.

Etherscan.io data shows that the wallet first purchased 468.55 million SHIB in two transactions. Soon after the purchase, the mysterious user sent all these purchased SHIB tokens to the dead wallet in no time.

One of the Twitter accounts, “Shiba Archives” has claimed to burn 600 million Shiba Inu tokens in the last 12 hours, without mentioning Burn details.

It may be the case that the mysterious wallet belongs to Shib Archives. However, the Twitter account hasn’t shared any type of proof of burn or transaction link with its followers.

Why Shiba Inu Underperforms Despite Massive Burns?

Despite these continuous burns, the price of Shiba Inu is down -36.71% over the last week, as per data provided by CoinMarketCap. At the time of writing, Shiba Inu is trading at the price of $0.00001299, up 19.99% over the last day, with a 24-hour trading volume of $1,444,086,766 ($1.44B). This sharp increase in price appears after the Bahrain-based Rain exchange announced that Shiba Inu is available for trading to its 200K users.

Top Crypto Exchanges Ranking

Mark Brennan
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Top Crypto Exchanges Ranking

This trend is rapidly transforming the business sector into something special and one-of-a-kind. This digital technology was introduced many years ago, but it got off to a slower start than the current trajectory. The primary reason for this technological marvel’s elevation is the world’s sudden adaptation to the digital phase as a result of the recent pandemic.

Succinctly, cryptocurrencies are digital currencies that can be purchased and sold over the internet. A system known as the “Blockchain” underpins this technology. A blockchain network is a decentralized digital ledger that securely stores all transaction details. As a result, the transactions are safe and transparent.

Cryptocurrency is traded on a platform known as a Crypto Exchange. There are numerous cryptocurrency exchanges available, and the user selects one based on their needs. Thus, considering the usage rate and popularity of the crypto domain, starting a crypto exchange platform for business is a perfect way to experience an enormous level of profits.

To suit your trading needs, here is a list of some of the most popular crypto exchanges in the world right now:

  1. TimeX.io

TimeX is an Australian crypto exchange platform developed by Sydney blockchain company Chrono.tech. Which has also launched the Australian dollar-backed token AUDT, enabling Australian users to move funds into and out of the blockchain ecosystem efficiently and securely.

TimeX is one of the most popular cryptocurrency exchange services offering Australians the most favorable conditions for trading crypto. And the place where you can find out how to sell Ethereum in Australia. Moreover TimeX is regulated by Austrac, Australia’s financial intelligence agency, which ensures the company follows best practices and guidelines for the fintech and crypto industry.

  1. GATE.IO

Gate.io is a crypto exchange platform that is capable of providing users with market data in real-time. This gives the user knowledge regarding the current price, market cap, price volatility, and liquidity data for all of the integrated altcoins. This platform is one of a kind in the digital world.

Gate.io is a great cryptocurrency exchange for experienced traders who want to purchase low market cap cryptocurrencies. There are over 1,300 cryptocurrencies available and some countries even have the best markets such as the margin trading feature.

  1. COINBASE

Coinbase is one of the most popular cryptocurrency exchanges in the digital world. This is a safe platform for buying, selling, and trading cryptocurrencies as well as many other digital currencies. This platform’s primary goal is to develop an inclusive financial system for the DeFi world. This platform initiates smooth conversions between digital currencies and fiat currencies, both incoming and outgoing.

While Coinbase does not support every cryptocurrency, it does support a large number of the most popular coins. As a result, most people who buy and sell on Coinbase will have no problems. More experienced traders, on the other hand, may find that they need to open an account somewhere else to get lesser known coins not available on Coinbase.

  1. ROBINHOOD

Robinhood is a one-of-a-kind cryptocurrency exchange platform. Its primary focus is on a discount brokerage that pioneers a commission-free trading and investing system. The vast bulk of the earnings generated by this platform come from transactions based on the order flow of the payment. The volume of trading of cryptocurrencies on this platform is incredibly large, increasing every year and establishing itself as one of the most reputable crypto exchanges in the online realm.

If you want to handle custody of your crypto assets yourself, Robinhood wouldn’t be your best bet. Robinhood does not provide a wallet for its users, so traders will be forced to store their cryptocurrency with a broker, just as they would with stocks and other assets. The company has stated that it intends to offer a cryptocurrency wallet but has not specified a timeframe for achieving this.

  1. PANCAKESWAP

PancakeSwap, a platform hosted on the Binance Smart Chain network, is frequently referred to as one of the easiest crypto exchanges to use because of its low gas fees. This cryptocurrency exchange is built on the Automated Market Maker model (AMM). This model was developed with the intention of replacing the concept of order books.

Users trading on this platform will automatically receive liquidity from a variety of liquidity pools, which will be rebalanced after the trade is completed. In PancakeSwap, trading is carried out using the AMM model, where liquidity is removed from one side of the pool and added from the other, thereby maintaining the statistical properties of the assets in the liquidity pool.

  1. UNISWAP

Uniswap is one of the best exchanges in the crypto space. This cryptocurrency exchange is fully decentralized, which means third-party interference is eliminated. The foundation of Uniswap is the implementation of a trading model called the Automated Liquidity Protocol. This platform was first introduced to the market in 2018 and was built on the Ethereum Blockchain.

The Uniswap exchange is a collection of computer programs that operate on the Ethereum blockchain and enable decentralized token swaps. It works with the assistance of unicorns (as illustrated by their logo).Traders can exchange Ethereum tokens on Uniswap without having to entrust their funds to anyone. In the meantime, anyone can lend their cryptocurrency to special reserves known as liquidity pools. They earn fees in exchange for contributing money to these pools.

  1. BINANCE

Binance Exchange, probably the biggest cryptocurrency exchange in the world, was founded in Hong Kong in 2017. It has a strong focus on altcoin trading and offers cryptocurrency trading in more than 500 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE) and its own token, Binance Coin (BNB).

Binance Exchange, best known for crypto-to-crypto trading – trading between two digital currency pairs – has one of the lowest transaction costs for digital currency exchanges. It has high liquidity and provides discounts to users paying with BNB – the native token of the Binance exchange.

Like other cryptocurrency exchanges, Binance provides services related to cryptocurrency trading, listing, funding, delisting, or withdrawals. Cryptocurrency enthusiasts who want to release their own tokens can use Binance to raise funds through an initial coin offering (ICO). Binance is used by many traders and participants to trade and invest in various cryptocurrencies.

BOTTOM LINE

In a relatively short period of time, cryptocurrency has grown from a small investment opportunity to one worth approximately $2 trillion dollars. Whether you want to invest in cryptocurrency or use it as a form of payment, you will undoubtedly require a crypto exchange for your trading needs. These crypto exchanges are the most popular currently and will guide you on your investment journey.

Terra Founder Do Kwon Seeks Police Protection Following Recent Home Invasion From an Alleged LUNA Investor 

Lele Jima
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Terra Founder Do Kwon Seeks Police Protection Following Recent Home Invasion From an Alleged LUNA Investor 

Do Kwon’s spouse files a report requesting immediate police protection after an alleged LUNA investor invaded their residence. 

It is no longer news that investors of Terra (LUNA) are not taking their losses in good fate, as several cases of suicide have been reported.

Many investors have hurled insults at Terra’s founder Do Kwon on various social media platforms for making them incur significant losses in the past few days.

A LUNA Investor Goes the Extra Mile

However, things have gotten more intense amid the recent crash of the LUNA coin, as an investor took things more personally by invading the residence of the Terra CEO.

According to a report published by a local news outlet, South Korean authorities are investigating an invasion into the home of Terra CEO by an unidentified person alleged to be a LUNA investor.

While Do Kwon was not found at home at the time of the invasion, the report stated that the intruder met his spouse.

Per a report filed by Do Kwon’s spouse at the Seongdong Police Station in Seoul, the invader gained access to the apartment earlier today, requesting to see Terra CEO.

Do Kwon’s spouse reported that the invader arrived at the front of the residence by using the elevator before ringing the doorbell to inquire whether the founder of Terra was at home.

Upon getting a negative response from Do Kwon’s wife, the intruder fled the residence, which raised suspicions that there was an ulterior motive behind the unscheduled visit.

Following the invasion, Terra CEO’s spouse requested for immediate police protection, as she believes there will be more threats to her life in the coming days.

“We plan to review what additional measures are needed throughout the investigation,” a police officer said.

Meanwhile, the development did not come as a shock to many, who expected such an event to take place following the losses that many people incurred investing in LUNA.

LUNA Suffers Tremendous Loss

Recall that LUNA suffered one of the major losses in the history of cryptocurrencies this week. The cryptocurrency, which ranked as the eighth-largest cryptocurrency by market capitalization last week became the 1,070th largest cryptocurrency after its price fell from over $85 to $0.00000009.

Many reports have emerged of how investors who are heavily invested in the project have resorted to committing suicide as the loss was too much to bear.

However, Shiba Inu’s lead developer advised LUNA investors that suicide is not the best option as he shared some interesting details about his life.

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