Terra (LUNA)
Terra Luna Classic Considers Raising Burn Tax to Boost Token Value
LUNC users are closely monitoring how a proposed increase in the project’s on-chain burn tax rate could impact the LUNC price. The ongoing debate surrounding the LUNC burn tax proposal...
Terra (LUNA) Price Falls as Investors React to Network Outage and Loss Claims Deadline
Terra (LUNA) has temporarily halted its blockchain operations to deploy an emergency patch. The action follows a recent upgrade aimed at bolstering the blockchain’s security and efficiency. Terra announced the...
Terra Luna Investors: Don’t Miss the Deadline for Filing Your Claim
Terra Luna Classic, the crypto firm behind the Terra stablecoin collapse, has set a deadline of August 21st for community members to file claims related to their crypto losses. This...
Terraform Labs’ Chapter 11 Case: Key Developments and Implications for LUNA
Terraform Labs (TFL), the company behind the troubled Terra blockchain, has received court approval to reopen its Shuttle Bridge as part of its ongoing bankruptcy proceedings. This move allows users...
Terra Bankruptcy Claims Deadline: August 9th – What Investors Need to Know
Blockchain project Terra has announced a crucial deadline for those seeking to file claims related to the bankruptcies of its development firms, Terraform Labs Pte Ltd (TFL) and Terraform Labs...
The Ghost of Terra: USTC’s Struggle to Regain $1 Peg
Three years after the implosion of the Terra ecosystem, the algorithmic stablecoin TerraUSDClassic (USTC) remains far from its intended $1 peg, raising questions about the viability of algorithmic stablecoins and...
Terra Classic Boosts Ecosystem with 30 Million LUNC Delegation to Hexxagon
30M LUNC Delegated: New support for Galaxy Station and Galaxy Finder. The Terra Classic Foundation recently announced a significant delegation of 30 million LUNC tokens to Hexxagon.io. This delegation empowers...
Terra’s Collapse: The Fallout Reaches a Prime Minister’s Office
News media agency, Vijesti reported that court documents released by the U.S. Securities and Exchange Commission revealed Montenegrin Prime Minister Milojko Spajic as an early investor in Terraform Labs, the...
FTX’s Revival Could Spark Resurgence in FTT, USTC, and LUNA
The crypto community is closely following the latest developments at FTX, the cryptocurrency exchange preparing to relaunch after its dramatic collapse. A recent X post by DeFi analyst Hanzo suggests...
Can Terra Classic Thrive Without Do Kwon? Community Says Yes
Do Kwon’s departure from Terra and Terra Classic has sparked optimism and unity within the community, as control of the projects shifts towards a decentralized, community-driven model. As highlighted by...
Terra Luna Classic (LUNC) Votes on Revised Burn Tax Distribution
The Terra Luna Classic (LUNC) community is voting on a proposal to revise the distribution of its burn tax. This pay-per-job (PPJ) proposal, submitted by developer Frag from Genuine Labs,...
LUNC Price Analysis: Terra Luna Classic Targets 63% Gain After Breakout
LUNC price has been on the rise in the last 24 hours, fueled by activity within the Terra Luna Classic ecosystem such as Binance burning its token and the release...
Terraform Labs CEO Do Kwon Settles with SEC; LUNA Price Soars
Terraform Labs and its CEO, Do Kwon, have reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC) over fraud charges. This development follows a jury verdict in...
Only 14% of Stablecoins Survive, Says Deutsche Bank Research Report
In a recent study, Deutsche Bank Research analysts concluded that most stablecoins failed, with only 14% surviving. Raising concerns regarding the future of stablecoins, the researchers posited, “Some may survive,...
Do Kwon, Terraform Labs Face $5B Penalty After LUNA Fiasco
The United States Securities and Exchange Commission (SEC) has moved to request billions of dollars in disgorgement and civil penalties from Do Kwon and Terraform Labs, the team behind the...
US or South Korea – Who Gets The Terraform Founder?
According to reports, the Podgorica High Court in Montenegro has approved the extradition of Do Kwon, a prominent figure in the Terra Luna crash. The court fulfilled its part of...
SEC vs. TerraLabs: Defense Presents Final Arguments to Jury in Do Kwon Case
The U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and its co-founder, Do Kwon, is nearing its conclusion as the jury trial approaches its final stages. As...
SEC and Terraform Labs’ Trial Begins; Do Kwon Not Present
The civil fraud trial involving Terraform Labs’ Founder Do Kwon, reportedly began on Monday in Manhattan court. Media journalist Zack Guzman shared a series of X posts, providing more insights...
Do Kwon To Move From Prison to House Arrest Amid Extradition Postponement
Authorities in Montenegro have announced plans to release Terra (LUNA) founder Do Kwon from prison soon. According to the announcement, Kwon would leave the prison but remain under house arrest....
Terra LUNA Skyrockets 38% Amid Do Kwon’s Legal Victory
With a recent 38% jump, Terra has captured the attention of the cryptocurrency community. Such increase has primarily been attributed to the latest legal development involving Do Kwon, the founder...
LUNA Loses Classic Shine: -7% Plunge Follows Terraform’s Chapter 11 Filing
Terra (LUNA) faces a 7% price drop as Terraform Labs files for Chapter 11 bankruptcy, raising investor concerns. Despite the price decline, LUNA sees increased trading volume, hinting at potential...
SEC Agrees to Push Do Kwon’s Trial, Awaits Judge Rakoff’s Decision
In a recent development in the SEC-Terraform legal tussle, the Securities and Exchange Commission has agreed to delay the civil trial involving Terraform Labs and its co-founder, Do Kwon. The...
Terra Decision Won’t Apply to Coinbase and Binance Case: Experts
Crypto lawyer Bill Morgan acknowledged the thoughts of the co-CEO of Coin Routes, Dave Weisberger, with regard to Terra in a Twitter post. Both Morgan and Weisberger believe the significant...
Analyst Insights on Diverse Rulings- Ripple’s XRP and Terraform’s LUNA
Judge Jed S. Rakoff ruled Terraform Labs’ four tokens, including LUNA and UST, as unregistered securities. Attorney Rispoli commented that XRP would have also been deemed a security if Judge...
