Crypto exchanges, Crypto news

A number of exchanges have agreed to restart Terra

Several cryptocurrency exchanges signaled support for Terra 2.0 and the “revived from the ashes” token LUNA.

Validators voted 65.5% in favor of Terraform Labs co-founder and CEO Do Kwon’s proposed plan.

Kwon also retweeted a message from the FTX exchange, which the site’s team subsequently deleted.

At the same time, he denied a report of contacts with South Korean crypto platforms regarding support for the new token.

However, industry journalist Colin Wu reported that Upbit will support the “LUNA2” airdrop.

Against the backdrop of the news, TerraUSD (UST) algorithmic stabelcoin quotations rose more than 40% in 24 hours. The price of the “stablecoin” approached $0.1.

Binance said it is “working closely” with the Terra team to provide affected users with “the best approach to recover their losses.”

Recall, the founder of Terra wants to be sued for creating a pyramid scheme.

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