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According to NBC News, U.S. Senator Tillis is preparing to proceed with the confirmation process for Warshs nomination.On April 26, Iranian Foreign Minister Araqchi spoke with Qatari Prime Minister and Foreign Minister Mohammed bin Zayed Al Nahyan by telephone. During the call, Al-Araqchi provided a detailed overview of the current situation in the region, particularly the challenges of maintaining and consolidating the ceasefire, and briefed Qatar on Irans latest diplomatic initiatives and efforts to end the war and ease tensions. Both sides emphasized the importance of regional countries playing a constructive role in crisis management and stressed the continued consultations and diplomatic coordination to support peace initiatives and strengthen regional stability. The Qatari Foreign Minister welcomed Irans diplomatic approach and emphasized Qatars readiness to continue its active role in mediation and dialogue aimed at ending the war.A Downing Street spokesperson said that British Prime Minister Keir Starmer spoke with US President Donald Trump on Sunday and expressed his relief that Trump and the First Lady were safe after the shooting. Starmer also discussed the urgent need to resume shipping in the Strait of Hormuz with Trump during the call.Acting U.S. Attorney General Blanch declined to comment on the Federal Reserve Inspector Generals review of the Feds overspending on its building renovations; he did not rule out the possibility of the Trump administration reopening its investigation into the Fed.Acting U.S. Attorney General Blanche: The suspect will face multiple charges, including assaulting federal law enforcement officers, shooting, and attempting to kill federal law enforcement officers.

Within 72 Hours Since Its Launch, Terra LUNA 2.0 Crashes by 55%

Jimmy Khan

May 31, 2022 14:39

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Do Kwon and Terraform Labs' revival of Terra wasn't well accepted by investors.


Terra's collapse will be regarded as the worst crypto tragedy, but the blockchain's crew isn't giving up.


Terraform Labs issued Terra 2.0 three days ago to bring back investors, but investors have a different agenda for the coin.

Terra LUNA 2.0 Launch Flop

Terra 2.0, launched with a circulating supply of 210 million LUNA and a max supply of 1 billion LUNA, reinitiated the blockchain and brought back all the DeFi protocols.


Terra started airdropping tokens to investors who owned LUNA classic (LUNC). Terra tweeted about the numerous uses for new LUNA, including staking it on Terra Station to receive incentives and participate in governance choices, utilizing it on dApps upon launch, and exchanging it on an exchange.


Almost every major cryptocurrency exchange backed LUNA's listing. Binance airdropped tokens to users depending on their holdings.


Investors weren't pleased. Most customers were ineligible for the new LUNA airdrop since they sold it when the price fell on May 5.


Most had left the LUNC market before the new strategy was unveiled.


Those still holding LUNC are dumping the new LUNA token as soon as they get it.

New crash cause

LUNA crashed during the previous 72 hours due to the dumping. The cryptocurrency launched at $17.8 and rose to $19.5 before plummeting to $4.19.


The price has rebounded marginally in the previous 24 hours, but it's still 57% below debut, at $8.4.


It's too early to tell whether Terra can recover from the current hardship and restore investors' trust, but it will take a long time to reach its previous highs.

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