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news-imageMay 13, 2022

Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle

Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The post Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle appeared first on BeInCrypto.
Publisher: BeInCrypto
Sentiment: Negative
LINK
LUNA

More News Articles

Positive
cover-imageCointelegraph
April 2, 2025

Price analysis 4/2: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, LEO

Bitcoin (BTC) bulls have pushed the price above the $87,000 level even as US trade tariffs are slated to kick in on April 2. Bitcoin may remain volatile in the near term, but analysts remain bullish for the long term.According to Fidelity analyst Zack Wainwright, Bitcoin is currently in an acceleration phase, which “can conclude with a sharp, dramatic rally” if history repeats itself.

Positive
cover-imageInvezz
April 2, 2025

Chainlink price prediction: giant megaphone pattern forms

The Chainlink price has pulled back in the past few months even after the network's ecosystem continued to do well. LINK dropped to a low of $13 on Tuesday, down from the year-to-date high of $30. This article explains why the LINK price may stage a strong comeback in the long term.

Positive
cover-imageCrypto Economy
April 1, 2025

Chainlink Eliminates Payment Friction With New Cross-Chain System

TL;DR Streamlined Cross-Chain Payments: Chainlink's new Payment Abstraction lets users pay with various tokens that automatically convert to LINK via CCIP, Automation, Price Feeds, and a DEX. Sustainable Fee Recapture: The system targets Smart Value Recapture (SVR) fees from DeFi apps—splitting the fees between the app and the blockchain—to support a robust, self-sustaining economic model.

Negative
cover-imageCointelegraph
March 28, 2025

Price analysis 3/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON, LINK, AVAX

Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin's price trajectory in 2025.

Neutral
cover-imageCointelegraph
March 28, 2025

Terraform Labs to open loss claims portal on March 31

Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court's approval for Terraform Labs to wind down operations.

Negative
cover-imageCryptopolitan
March 28, 2025

Galaxy Digital faces $200M settlement over LUNA involvement

The New York Attorney General (AG) office has commenced an investigation on Galaxy Digital with a settlement of $200 million over its involvement in the LUNA cryptocurrency. The crypto crashed alongside Terra Blockchain powered by Terraform Labs and led to the erasure of over $40 billion in investor funds.

Positive
cover-imageUToday
March 28, 2025

Chainlink (LINK) on Verge of Entering Top 10 of Crypto

LINK is currently ranked 11th by market capitalization, but after a 25% price increase since March 10, which has increased whale accumulation and boosted social media dominance, the project might be ready to make it into the top 10 cryptocurrency projects. To reach an all-time high of 438.33 million LINK or 43% of the total supply, LINK's major stakeholders (wallets holding 10,000 to 10 million LINK) have amassed more than 26 million coins over the last six months.

Negative
cover-imageCryptonews
March 28, 2025

Galaxy Digital Fined $200M for Luna Manipulation and Fraud

Galaxy Digital faces a $200M fine for manipulating Luna's market, highlighting deceptive practices and raising concerns about transparency and accountability in the cryptocurrency industry. The post Galaxy Digital Fined $200M for Luna Manipulation and Fraud appeared first on Cryptonews.

Negative
cover-imageBenzinga
March 28, 2025

Galaxy Digital To Pay $200 Million In Terra-LUNA Settlement With New York Attorney General

Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG), following allegations the firm failed to disclose its financial interests while promoting the now-collapsed LUNA cryptocurrency. What Happened: The agreement, revealed through a state filing, resolves a case brought under the Martin Act and Executive Law, Axios reported.

Positive
cover-imageThe Cryptonomist
March 28, 2025

Aave integrates Chainlink SVR on Ethereum to recover the OEV and increase the protocol's revenues

The Aave DAO community has formalized the integration of Chainlink Smart Value Recapture (SVR) on the Ethereum mainnet, with the goal of recovering the value extractable from oracles (Oracle Extractable Value, OEV) related to liquidations and converting it into a new source of revenue for the protocol. The decision, confirmed by an on-chain vote, marks a turning point for decentralized finance (DeFi), ushering in a sustainable model that reintegrates into the system the value technically lost during liquidation operations.

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