News with the tag "Terra (LUNA)"

Terraform Labs urges creditors to file crypto loss claims before the May 16 deadline or lose recovery rights TerraUSD claimants must submit all forms and evidence through Kroll’s crypto portal before the deadline Only assets listed on Schedule I are eligible; Luna 2.0 and low-liquidity tokens will n...

Last week, Bybit got hacked, losing $1.5 billion Bitcoin’s price dropped below $90k for the first time in the last four months Ethereum also dropped by more than 10% A lot has happened in the crypto world over the past few days, most of it not good. Last week, Bybit, one of the leading crypto deriva...

Terra Luna Classic (LUNC) is gaining attention as Binance steps in to support its latest network upgrade. The announcement comes at a time when the crypto market is facing a significant downturn, sparking optimism among investors. With key updates rolling out, many market watchers predict a potentia...

In a surprising turn of events that has sent ripples through the cryptocurrency world, South Korea’s Supreme Court has delivered a landmark judgment regarding TerraUSD (UST) and Luna (LUNA). The court’s decision, revealed by local news source Etoday, definitively states that these once-prominent dig...

The Terra Luna community has taken a decisive step to strengthen its ecosystem. In a recent governance vote, members overwhelmingly approved a proposal to burn unbacked Axelar assets. This move has sparked fresh optimism among investors, leading to a 4% surge in LUNA’s price. With a strong majority ...

Terra/LUNA was a promising stablecoin platform It collapsed, wiping $40 billion from its market cap It sent ripples through the ecosystem which are still felt today In May 2022, two and a half years ago, Terra/LUNA was one of the most promising cryptocurrency projects in the space. But its algorithm...

LUNC News: Terra Luna Classic community’s recovery efforts hit roadblocks as the broader crypto market took a downturn, with traders reconsidering market activity ahead of Donald Trump’s inauguration on January 20. Here are key developments making buzz in the Terra Luna Classic community. Terra Luna...

U.S. prosecutors pursuing criminal charges against Terraform Labs co-founder Do Kwon have estimated that the collapse of the TerraUSD and Luna cryptocurrencies may have affected more than one million individuals and entities. The estimate was revealed in a filing submitted on January 6 by acting U.S...

Do Kwon, the co-founder of Terraform Labs, has pleaded not guilty to United States fraud charges related to the $40 billion Terra LUNA crash in 2022. Only two days ago, the Montenegro authorities extradited him to the U.S. According to a Bloomberg report , the troubled co-founder faces nine financia...

Binance Terra Luna Classic (LUNC) burn approaches new milestone. With the latest 1.7 billion tokens burned in the 29th batch of its LUNC burn mechanism, the community hopes for a massive rally in LUNC price in 2025. With the latest Binance LUNC burn, the total tokens burned by the community reached ...