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Search Results for: Terra Classic (LUNC)

Terra’s 30M LUNC Tokens Staked at Market Price

Terra Classic is an altcoin founded by Do Kwon and Daniel Shin in the year 2018. There are over 30,411,802.611 TERRA (aka LUNC) staked at the current market value which is approximately $0.0001232. 🚨BREAKING There is currently over $1,000,000+ worth of $TERRA Staked right now at the current price! Let’s

April 6, 2023 1 min read

Terraport Launches its DeFi Platform Amid Do Kwon Arrest

Terra Classic (LUNC) DeFi platform, Terraport launched after several months of anticipation. The platform is built by the TerraCVitta development group. Terra classic offers LUNC-based Decentralised Exchange (DEX) and a launchpad for Terra Classic Ecosystem. Terraport announced the launch of Terra Classic on its Twitter page on March 31. The

April 1, 2023 2 mins read

Trailer of Terra Classic P2E Game ‘Garuda the Protector’ Unveiled

A notable Terra Classic (LUNC) core developer and L1 Team member named Tobias “Zaradar” Andersen recently drew attention to the first trailer for the next Terra Classic play-to-earn (P2E) game called “Garuda the Protector,” the beta version of which is scheduled to release on March 30. Hi #LUNCCOMUNNITY This is

March 30, 2023 2 mins read

Terra Rebels Web Extension is in Pre-Production Stage

The Terra Classic revival roadmap organization Terra Rebels stated that it continued to work on independent wallet infrastructure rollout for LUNC. According to the Terra Luna Classic volunteer team, which is currently dealing with fraud allegations, the anticipated alternative LUNC web extension called “Rebel Station is in the pre-production stage”. 

February 24, 2023 1 min read

Terra Founder Do Kwon Charged by SEC For Multi-Billion Fraud

The U.S Securities and Exchange Commission (SEC) has sued Terraform Labs and its founder, Do Kwon, for misleading investors in what the commission called a “multibillion-dollar fraud”. SEC claimed in its court filing in the Southern District of New York that, since beginning in April 2018, Kwon sold a range

February 17, 2023 2 mins read

Binance Airdrops Terra (LUNA) To LUNC & USTC Holders

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

December 23, 2022 1 min read

Terra Classic Surges Over 14% Following Binance Massive LUNC Burn

Terra Classic (LUNC), the native token of the Terra blockchain protocol, is currently witnessing a significant price surge amid the gloomy crypto market. The LUNC is currently trending in the market, with a 14.17% increase in the last 24 hours, according to CMC. At the time of writing, Terra Classic

December 2, 2022 2 mins read

150 Million LUNC Burnt by Terra Classic Community in November

The Terra Classic community plans to burn a large number of LUNC tokens in order to decrease the token’s supply and boost its price. After Terra Rebels increased the burn rate with the v22 update, staking, and the 1.2% burn tax, the community has burnt almost 29 billion LUNC tokens

November 29, 2022 1 min read

$104M Worth Assets of Terra Co-Founder Confiscated by South Korea

On Thursday, local prosecutors in Seoul allegedly had their plea to freeze roughly 140 billion won ($104 million) in assets belonging to Terraform Labs co-founder Shin Hyun-seung, or Daniel Shin, accepted by the Seoul Southern District Court. To safeguard against a defendant using illegal funds for personal gain before trial,

November 20, 2022 2 mins read

Binance Revises Terra Classic ($LUNC) Burn to Monthly Basis

Binance has changed the frequency of its Terra Classic (LUNC) burn mechanism from once every week to once every month. The trading costs on LUNC spot and margin trading pairs on Binance have resulted in the burn of 13.712 billion LUNC tokens so far. In addition, more than 26.361 billion

November 8, 2022 1 min read