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Search Results for: Terra Classic (LUNC)

Do Kwon Attempted to Manipulate Terra’s Price?

LUNC failed to support the algorithmic stablecoin (USTC) to peg the $ 1 value. The accusation of “price manipulation” is backed by the message conversation. Terra’s co-founder Do-Kwon is constantly under the radar of many international agencies since the historical fall of the cryptocurrencies, LUNA (now LUNC), and USTC. Both

November 4, 2022 2 mins 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

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

Terra (LUNA) Price Surged by Over 20% in 24 Hours

The native coin of the Terra ecosystem, Terra (LUNA), witnessed a more than 20% price surge in the last 24 hours. After attaining an all-time low at the end of August, LUNA’s price increased by over 88% today. Terra (LUNA) was airdropped on May 28 in anticipation of Terra Classic

October 13, 2022 2 mins read

Terra (LUNC) Price Surges 8% Post Terra Rebels Update

The volunteer developer community now has its own Terra Rebels subReddit. Using this subReddit, members of the community may discuss and share their opinions. The Terra Classic (LUNC) price has increased by more than 8% after a drop on Tuesday, the same day that Terra Rebels released their official subReddit.

October 11, 2022 1 min read

Over 3 Billion Terra LUNC Burned by Binance Exchange

Binance has burned over 3 billion LUNC, worth around $1 million. Notably, the first trading fee burning amounted to around 5.5 billion LUNC. Today, a LUNC community validator named LUNC DAO tweeted that the largest cryptocurrency exchange in the world, Binance, has burned over 3 billion LUNC worth $1 million,

October 10, 2022 1 min read

South Korean Authorities Arrest Terra’s Head of General Affairs

Kwon has been given 14 days by the South Korean authorities to turn up his passport. Both the South Korean government and Interpol are looking for Kwon. Reportedly, Yoo Mo, Terra’s Head of General Affairs, has been detained by South Korean authorities. The first person to be apprehended in the

October 6, 2022 2 mins read

Binance Burns Over 5 Billion Terra Classic ($LUNC)

The effect is a 5% increase in the price of LUNC. Binance sent almost 5.59 billion Terra Classic (LUNC) tokens to the burn address. Over 5 billion Terra Classic (LUNC) tokens have been delivered to the burn address by the biggest cryptocurrency exchange in the world, Binance. After the Terra

October 3, 2022 1 min read

Upbit Discloses Terra Transaction Fees Utilization Plan

Upbit’s Luna Fee Utilization Committee has agreed to split transaction fees. A white paper explaining what led to the LUNA problem is part of the near-term agenda. Upbit, the leading cryptocurrency exchange in South Korea, has a plan to split the about $4.6 million in Terra LUNA transaction fees it

September 27, 2022 2 mins read