Billionaire Mark Cuban Pours Cold Water on Terra 2.0 - BitcoinEthereumNews.com
Alex Dovbnya Mark Cuban has joined other prominent individuals in dismissing Terra 2.0 bilyunaryo Mark Cuban sabi ni Fortune that he wouldnt put money into Luna 2.0, dismissing the yet-to-be-launched project early on. Prior to that, Cuban confirmed that it hadnt invested in either LUNA or the UST stablecoin. The billionaire has also passed on the failed Anchor protocol, which was one of the key pieces of the Terra ecosystem. It‘s understandable why Cuban didn’t want to touch anything linked to algorithmic stablecoins with a ten-foot pole. Last year, the “Shark Tank” host touted a decentralized finance project Iron Finance, which may karanasan a Terra-like collapse in June, albeit on a much smaller scale. The IRON stablecoin lose its peg while the price of the TITAN token tumbled to zero. After Terra collapsed in early May, the community decided to give the project another go, overwhelmingly voting to launch a new version of the failed blockchain.n Major exchanges, including Binance, have anounced that they would support LUNAs airdrop. The activation of the mainet version of Terra 2.0 is scheduled to take place this Friday. Thirty percent of the tokens will be issued right after the genesis block. The remaining portion of the airdrop will be distributed