News with the tag "terra luna"

The Terra Luna Classic (LUNC) ecosystem is about to vote for another proposal. This time, the proposal made known on X by Juris Lunc Validator will seek to reward developers for ongoing work in the ecosystem. The new voting request hinges on ‘Frag’ ‘s direct contributions to Proposals 12165 and 1216...

In recent developments, a major disagreement has been brewing in the Terra Luna Classic (LUNC) community after a popular validator, MrDiamondhandz, strongly opposed a new governance proposal. In an X post, MrDiamondhandz, who runs LuncLiveOrg, called the proposal one of the worst in recent times. He...

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...

Terra Classic (LUNC) price has recorded a notable upswing, climbing 20% over the past week. Following a correction, the broader crypto market is showing signs of recovery. Bitcoin (BTC) trades near $97,000, edging closer to the $100,000 mark. Meanwhile, LUNC stabilizes near key resistance levels, ra...

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 ...

The Terra Luna Classic ecosystem may soon count Cardano as one of its partners, judging by the leading post from Charles Hoskinson on X. The Cardano founder said he is open to discussing how both protocols can collaborate. While the conversations are still confined to social media, any such partners...

LUNA: The Biggest Crypto Scam in History – $40 Billion Lost in One Day The collapse of Terra (LUNA) and its algorithmic stablecoin, UST , is one of the most catastrophic events in cryptocurrency history. On a single day in May 2022 , over $40 billion in value was wiped out, devastating investors and...

Disgraced Terraform Labs co-founder Do Kwon will reportedly face trial in the US early next year. Bloomberg reports that New York District Judge Paul Engelmayer on Wednesday set the schedule of the trial, which will begin on January 26th, 2026 and is anticipated to last from one to two months. Kwon ...

Federal prosecutors revealed that they anticipate a substantial amount of data from Terraform Labs founder Do Kwon’s communications as part of the evidence in his upcoming trial, according to new legal documents. This extensive review includes an analysis of Kwon’s email accounts, social media activ...

Do Kwon’s alleged schemes could have impacted more than 1 million victims worldwide, according to US prosecutors. US authorities extradited Kwon, the disgraced co-founder of the Terra (LUNA) ecosystem, late last month. Kwon faces fraud charges related to the multibillion-dollar downfall of Terra in ...