Terra

Luna-Classic-Rallies-Hard-in-Sept
Luna Classic Rallies Hard in Sep, What Is the Cause?

Terra Luna Classic (LUNC) has been pumping since the end of August. Recently, LUNC reached its ATH after its fateful rebranding on the Terra Classic blockchain.  Binance will halt deposits and withdrawals via Shuttle Bridge starting September 7. Despite what appears to be a depressing crypto market today, Luna Classic (LUNC) faithfuls still have one more reason to be hopeful. Specifically, LUNC price has been pumping hard since the end of August. In fact, since LUNC started trading — after the rebranding — on major cryptocurrency exchanges such as Binance, the price has since exceeded its all-time high (ATH).  As

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Terra’s-CEO-Do-Kwon-Now-Accepts-Interview-Since-Terra-Luna’s-Collapse
Terra’s CEO Do Kwon Now Accepts Interview Since Terra Luna’s Collapse

Do Kwon accepted to be interviewed in Singapore by crypto media Coinage. This is the first time Kwon accepted an interview since Terra’s crash. “I alone am responsible,” Kwon pointed out in the interview. Terraform Labs CEO and founder Do Kwon was seen in an interview three months after Luna and UST’s unforgettable crash, where many people lost their life savings and trust in crypto’s stablecoins.  In an interview with Zack Guzman on the NFTV series Coinage broadcasted on Monday, Kwon said “I’ve never thought about what could happen to me if this fails.” Terra’s CEO refers to Luna’s price

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South-Korean-prosecutors-raid-crypto-exchanges-amid-Luna-probe
South Korean Prosecutors Raid Exchanges Amid Luna Probe

Prosecutors on Monday raided the homes and offices of four cryptocurrency exchanges. A total of 15 places, including cryptocurrency exchanges and related offices, were searched. The two men, Do Kwon and Daniel Shin have denied any wrong doing. South Korean authorities carried out search and seizure operations at local cryptocurrency exchanges, as well as offices that are affiliated with the collapse of cryptocurrency Luna in May, seeking proof of illegal activity. The prosecutors on Monday raided the homes and offices of four cryptocurrency exchanges as part of an investigation into alleged fraud by the co-founders of blockchain platform Terraform labs.

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Terra-LUNAUST-Core-Designers-Grounded-by-South-Korean-Authorities
Terra LUNA/UST Core Designers Grounded by South Korean Authorities

Terra’s main designers face a departure ban from South Korea.  The Republic of Korea is taking its LUNA and UST investigation very seriously.  South Korea pushed its 20% Bitcoin (BTC) tax to 2025. Reports say that South Korean authorities are putting a ban on LUNA/UST employees and developers from leaving the country. In detail, it seems that Terra’s main designers cannot leave South Korea.  As we can see from Blockworks’ tweet above, the news came from a JTBC article. In fact, the article goes on to explain the situation with Terra and the South Korean authorities. It is no secret

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LUNA-Crashes-as-Do-Kwon-Cashed-Out-$80M-in-April
LUNA Crashes as Do Kwon Cashed Out $80M in April

Reports said that Terraform Labs staff confessed to the SEC that Do Kwon cashed out $80 million in April. FatManTerra said it was not necessary Do Kwon who cashed out. LUNA 2.0 is in another free fall. The second iteration of LUNA appears to be in another free fall, as reports surfaced saying Do Kwon cashed out $80 million one month before the Terra 1.0 collapse in May. According to various sources, some Terraform Labs employees have confided to the US Securities and Exchange Commission (SEC). In detail, the employees said that Do Kwon took out over $80 million from

1 min read
LUNA-2.0-Nearing-All-Time-Low----Bounce-or-Demise
LUNA 2.0 Nearing All-Time Low—Bounce or Demise?

LUNA 2.0 is nearing its all-time low price and is currently trading at $4.08. Some LUNA hypers are beginning to lose hope. Meanwhile, India might charge a 30% tax to citizens who received LUNA airdrop. Terra’s new iteration of LUNA has been anticlimactic at best, as the current price is nearing its all-time low (ATL) price of $4.08. At the time of writing, LUNA 2.0 is changing hands at $4.93, as per CoinGecko. At the moment, LUNA is showing barely any signs of promise despite a huge portion of the airdrop being locked until further notice. As such, some people

2 mins read
New DEX To Burn LUNC, Fix Terra Ecosystem
New DEX To Burn LUNC, Fix Terra Ecosystem

Burning DEX aims to ultimately fix the Terra ecosystem. The trading platform will streamline the burning of LUNC tokens. There is no launching date announced yet, as well as the team that is behind the platform. It appears the Terra ecosystem is not entirely satisfied with Do Kwon’s LUNA 2.0 solution, as a new group of developers has come up with an alternative. Specifically, they have launched a new decentralized exchange (DEX) that vows to burn LUNC and ultimately fix the Terra ecosystem. Appropriately named Burning DEX, this decentralized trading platform will add a burning mechanism for LUNC token. For

2 mins read
Will LUNA 2.0 Moon After Massive Exchange Support?
Luna 2.0 Smashes +70% Growth Rate, Gears To Hit Over $30 Soon?

LUNA 2.0 boosts market position to almost +70% in the last 24-hour The crypto will be listed on Binance soon LUNA 2.0 surges to almost $10 Controversial crypto-asset Terra (LUNA) 2.0 continues to take the crypto world by storm. This time, the crypto boosted its market position to almost +70% in the last 24-hours. Hence, the crypto trades at a bullish price of almost $10 per crypto with a 24-hour trading volume of over $340 million.  This made Ash WSB react in a tweet post, The post stated the amazing performance of LUNA, “ $LUNA 2.0 just hit $9.10”. The

2 mins read
Terra (LUNA) Flips Binance Smart Chain for DeFi TVL
Terra LUNA, LUNC Top Weekly-Searched on Bybit

Crypto exchange Bybit revealed LUNA and LUNC are the most searched tokens last week. The third most searched is BTC, followed by GMT, GST, SOL, UST, FITFI, BNB, and ETH. LUNA2 USDT Perpetual Contract is now live on Bybit. The cryptocurrency exchange Bybit disclosed in a tweet the top 10 most searched tokens via its platform last week. Among the list, Terra’s LUNA and LUNC are the top 1 and 2 most searched tokens. As Terra proceeded to create its new chain, Bybit suspended withdrawals and trading for LUNA classic and UST on May 25. LUNA classic was renamed LUNA

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Will LUNA 2.0 Moon After Massive Exchange Support?
Will LUNA 2.0 Moon After Massive Exchange Support?

Terra will be creating LUNA 2.0 blockchain. Prominent crypto exchanges will be supporting the new LUNA. It remains to be seen whether LUNA 2.0 will moon. The embattled Terra ecosystem announced that it will be creating LUNA 2.0. This new cryptocurrency will have its genesis block on May 27. In the wake of this announcement, a large number of cryptocurrency exchanges announced that they will support LUNA 2.0. Topping the list are juggernauts Binance and FTX.  Other major exchanges also joined the list, including HitBTC, Huobi Global, Bitrue, Bitfinex, WhiteBIT, Bybit, and more. This overwhelming support from global crypto exchanges

1 min read
Korean-Exchanges-To-Be-Penalized-for-LUNA-Demise
Korean Exchanges To Be Penalized for LUNA Demise

South Korea will penalize cryptocurrency exchanges based in the country for damages to LUNA investors. Authorities also urged crypto exchanges to freeze funds held by LUNA Foundation Guard. Sources say the police have found evidence suggesting LFG is guilty of embezzlement. South Korea will be penalizing cryptocurrency exchanges based in the country over the collapse of LUNA and UST. According to various media sources, these exchanges will be liable for damages to LUNA investors. In addition, the Seoul Police Cybercrime Investigation Unit has reached out to exchanges, urging them to freeze funds held by LUNA Foundation Guard (LFG). This happened

1 min read
Police Report Filed Against Do Kwon Amid LUNA Crisis
Police Report Filed Against Do Kwon Amid LUNA Crisis

A Reddit user disclosed that a police report has been filed on behalf of 1,000 Singaporeans against Terra’s Do Kwon. Kwon expressed being in pain that his invention has caused. Reactions from Reddit users stated that nothing is going to happen with the police report. A concerned citizen from Singapore filed a police report with the authorities against Terraform Labs CEO Do Kwon. According to a user from social media platform reddit, the police report against Kwon was filed on behalf of LUNA and UST investors who have lost money during the de-pegging and LUNA price inflation period. The anonymous

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