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Search Results for: TERRA

Terra Classic (LUNC) Gets a New Shooter Game on Unity Play

The first-person shooter LUNC game is now available on Unity Play. Every Terra Classic token distributed as a prize will have 0.2% tax burn applied. Drexel University Associate Professor of Computer Science and Terra Rebels co-founder and primary LUNC developer Edward Kim has released a first-person shooter (FPS) for the

October 30, 2022 1 min read

Witnesses Related to Terra Fall Skip Parliamentary Inquiries

Seo-joon is said to have “anxiety” and “panic disorder” in the letter. The former head of Bithumb had announced his retirement from the company. After being called as a witness by the Korean National Assembly’s Political Affairs Committee on Monday, Kim Seo-joon, CEO of venture capital company Hashed and an

October 25, 2022 2 mins read

1.34 Billion Terra Classic (LUNC) Burned by Binance

Week after week, Binance LUNC burns have decreased. Terra Rebels has now opened an official YouTube channel. Over 1.34 billion Terra Classic (LUNC) tokens were burned in the fourth batch of Binance’s burn mechanism. Nearly 12.5 billion LUNC tokens have been delivered to the burn address by Binance as of

October 25, 2022 1 min read

Terra Rebels Post Validator Setup Process Video For Community

The organization has created a dedicated YouTube channel recently. Edward Kim has included a video outlining how to create and operate a validator. The Terra Classic Revival Roadmap was created by the Terra Rebels. A volunteer organization with the goal of enlightening the LUNC community about the Terra Classic blockchain.

October 24, 2022 1 min read

Do Kwon Flees Singapore for Dubai as Terra Investors Pursue Him

As per South Korean authorities, Do Kwon left Singapore last month for Dubai. 4,400 former Terra investors started searching for Kwon, following the actions taken by South Korea. Do Kwon, the CEO of Terraform Labs, left Singapore last month for Dubai, claimed by the South Korean authorities. According to the

October 20, 2022 2 mins read

Binance Lowers Terra Classic (LUNC) Burn Tax to 0.2%

Consolidation charge for on-chain transactions like withdrawals and deposits: 0.2%. The exchange will also cut burn tax from 1.2% to 0.2%. Binance cryptocurrency exchange stated on Wednesday that it will reduce the burn tax on Terra Classic (LUNC) from 1.2% to 0.2%. Proposal 5234 was approved by the Terra Classic

October 20, 2022 1 min read

Do Kwon Opens up and Admits Full Liability for Terra’s Collapse

Do Kwon denied allegations regarding the freezing of the $67 million fund. Terra’s founder continuously says he is not on the run from law enforcement. The “wanted” Terraform Labs founder, Do Kwon accepts full responsibility for Terra’s demise. In a recent interview, Do Kwon addressed the Terra collapse and the

October 19, 2022 2 mins read

Terra Classic (LUNC) Massive Burn on Binance

During the previous week, 4.39 billion LUNC were burned. Since the introduction of the burn mechanism, a total of 19.22 billion LUNC have been burned. According to a recent report, a group called the Terra Rebels is devising measures that will hasten the LUNC’s demise. The goal of improving this

October 17, 2022 1 min read

Binance Adds TerraClassicUSD (USTC) as Borrowable Asset

Binance has not abandoned its support for the Terra Classic currencies. Over the past week, the price of USTC has increased by over 65%. Binance, the biggest cryptocurrency exchange in the world, has added TerraClassicUSD (USTC) as a borrowable asset to its Binance Loan service. Demonstrating its continued commitment to

October 13, 2022 2 mins read