Terra (LUNA)
TerraUSD Collapse: Highlighting The Risks of Algorithmic Stablecoins
LUNA crash highlights the risks associated with algorithmic stablecoins. The altcoin crashed from $115 to $0, wiping out $60 billion from its market value. TerraUSD…
Zombie Tokens Defy Logic: FTT, USTC, LUNA, LUNC Surge
FTX's FTT token surged 13%, reaching $2.41, driven by rumors of upcoming reimbursements for creditors. Terra Classic (LUNC) gained 31%, while Terra (LUNA) rose 33%…
Terraform Labs, Behind TerraUSD Collapse, Gets Bankruptcy Approval
U.S. Bankruptcy Judge approves Terraform Labs' wind-down plan. Terraform lost an estimated $40 billion after TerraUSD and Luna crashed in 2022. Do Kwon faces SEC…
Terra Classic Upgrade Proposal Ignites LUNC and LUNA Rallies
Terra community is supporting a proposal which might boost the price of LUNC and LUNA. LUNC and LUNA are up 9.06% and 14.65 respectively in…
Binance Burns 1.2 Billion LUNC, Boosting Terra Classic Community Optimism
Binance has burned a whopping 1.2 billion LUNC tokens. Binance only burns two tokens: LUNC and BNB. LUNC surged 4.6% in the past 24 hours.…
Terraform Labs’ Bankruptcy Hearing: Impact on LUNA, LUNC, USTC Prices
LUNA, LUNC, and USTC are the three cryptocurrencies linked to Terraform Labs. All three Terraform ecosystem tokens show variations ahead of the bankruptcy hearing. The…
LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
Whale buys 4,192 ETH for $10.43 million, staking it in Lido and RocketPool. Previously the investor secured a profit of $5.16M by shorting BTC during…
30-Day Window to Redeem Wrapped Assets on Terra Classic Opens
Terraform Labs has announced the opening of a new Shuttle Bridge interface. The Chapter 11 plan of Terra has been “estimated to be on or…
Terra’s Final Chapter: Community Takes Charge After $4.5B SEC Settlement
Terraform Labs will debut the final upgrade to the Terra ecosystem soon. The company’s announcement comes amid a $4.5 billion settlement with the SEC. After…
Is Terra Classic Staging a Comeback? LUNC Achieves a 58.68% Rebound in Days
Terra Luna has surged over 12%, marking a 45% recovery from last week's low. Terra Classic (LUNC) has increased by 24.5% in 24 hours, achieving…
