Terra platform’s downfall in May included the collapse of the TerraUSD stablecoin. A court in Seoul issued a warrant for Do Kwon and five others on suspicion. A fresh investigation is going on Terra (LUNA). Today A court in South Korea has issued an arrest warrant for Do Kwon. The
The prosecutors are looking into the collapse of LUNA (now LUNC) and UST (now USTC). The judgement by prosecutors would aid legislators in the next crypto legislation. Prosecutors in South Korea have initiated a fresh probe and evaluation of Terra tokens to determine whether or not they qualify as securities.
Terra (LUNA) is getting close to the $10 goal thanks to the efforts of the Terra Community. The low for the last 24 hours is $1.90, and the high is $6.91. The price of Terra (LUNA) has nearly reached $7, a rise of almost 200% in a matter of hours.
The price of LUNC has increased by over 180% in seven days. There are now over 528.8 billion LUNC staked. Community efforts like token burning and staking as well as project development, ecosystem education, and governance led to a tremendous increase in the value of all Terra tokens. In particular,
As of September 7th, 2022, all withdrawals and deposits will be frozen permanently. The Terra Classic network will still be available for customers. Binance said in an update that it would stop accepting ETH (ERC20) and USTC (Shuttle) transactions for LUNC (Shuttle). It will also halt transactions on the Ethereum
LUNC, and the rest of the market traded with extremely low liquidity and high volatility. Luna Classic would reduce the supply and drive the price up to $1. The Terra Classic organization wants to begin burning more LUNC, yet investors must be careful not to get burned either.The price of
LUNC price has surged up to 50% in the last 24 hours. The market cap is currently $1.5 B with a 48.39% increase. Terra Classic (LUNC) is back on track. The price has surged up to 50% in the last 24 hours. The market capitalization has also attained the 1
Members of the community may utilize the bot function and get regular updates. The firm enabled LUNC staking last week, and the price of LUNC has skyrocketed. On Monday, troubled blockchain platform Terra announced the creation of a new Governance Alert Bot to keep the community acquainted with all the
As part of the Terra Classic V22 network update, the staking function became active. Within 24 hours following the update, more than 1% of the LUNC supply was staked. As opposed to its previous negative press, this time around the headlines about Terra Classic (LUNC) are all positive. The network
A 60-day bull run increased prices by a whopping 1,000% for BTT. The market value of Bittorent Token (BTT) dropped to $272 million in January 2021. On-chain and technical analysis of Terra’s LUNA price exhibit striking similarities to the bottom of BitTorrent Token in 2021, which triggered the notorious 10x
