While the global cryptocurrency market is still in a consolidation stage, the price of Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is surging. LUNC continues to be lifted by increased buying pressure. The price of Terra Classic has soared by around 21% in the last
The price of Terra Classic (LUNC) has increased by over 10% in the previous 24 hours. In contrast to other altcoins, LUNC’s price has risen by about 25% in the last week despite the market’s volatility. But the LUNC rally isn’t over yet, and it seems like it will gain
As of Thursday, holders of Terra Classic (LUNC) and TerraClassicUSD (USTC) were distributed the second batch of Terra (LUNA) airdropped by the biggest cryptocurrency exchange in the world, Binance. The initial airdrop, which took place in May, is associated with Do Kwon’s “Terra Ecosystem Revival Plan 2,” which involves the
Terra Classic’s (LUNC) new development proposal 11111 is to repeal proposal 10983. Which mints 50% of all burns and is now live on the terra station and open for vote. Mr. Diamondhandz1, the LUNCLIVE host, tweeted this and stated that Terra Classic indirectly supports Binance. BREAKING: Proposal #11111 to REPEAL
Separating the Terra Classic (LUNC) community from Terraform Labs and Do Kwon. As proposed by the Terra Rebels in their contentious Proposal 11030, seems to be turning into reality. In fact, as Jared of TFL pointed out before, splitting Terra Classic apart from Terra (LUNA) is the best option. Since
Do Kwon, the CEO of Terraform Labs, is still being sought around the world, and the South Korean government now thinks he may be in Serbia after departing Singapore in September. As per the report, South Korean police investigated a tip about Do Kwon’s whereabouts and were able to determine
The year 2022 will be remembered as one of the key and pivotal years in the development of the cryptocurrency market. This year has seen some of the biggest crashes, from the Terra LUNA crash to the most recent collapse of the FTX exchange, which was previously the third-largest cryptocurrency
The Terra Rebels’ official Proposal 11030 for Terra Classic has been submitted to the community for a vote. The plan will allow Terra Rebels to withdraw 937,500,000 LUNC tokens from the community pool, at a value of $150,000, to use in the creation of Rebel Station. Moreover, the LUNC group
An unexpected turn was revealed in Sam Bankman-Fried’s FTX disaster despite U.S. representatives summoning SBF to testify at a hearing on December 13, the House Committee on Financial Services. Federal prosecutors and the Securities and Exchange Commission (SEC) opened an investigation into whether the former FTX CEO manipulated the market’s
The Seoul Southern District Court has rejected the prosecutors’ arrest warrant of Terraform Labs associates. According to Yonhap News Agency, the court has dismissed the arrest order of several Terra officials, including Daniel Shin, co-founder of Terraform Labs with Do Kwon. In a text message, the South Korean Court stated
