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3AC liquidators file $1.3B claim against Terraform Labs
13.8.2024
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem
3AC liquidators file $1.3B claim against Terraform Labs
13.8.2024
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem
Terra Luna Co-Founder Do Kwon's Political Ties in Montenegro Under Investigation
8.6.2023
Terra Luna (LUNA) co-founder is making headlines again, this time looking into his relationship with Montenegro's political elite. The news comes after Montenegrin politician Dritan Abazovic, in collaboration with political parties and NGOs, commissioned the Special State Prosecution to establish...
Terra Luna Price Prediction as Binance Supports Terra Network Upgrade – What Happens Now?
21.4.2023
Things are not looking good for Terra Luna (LUNA) in 2023.
The cryptocurrency was last changing hands around $1.26 per token, 50% down from earlier annual highs to the north of $2.50.
That means LUNA has now erased the entirety of this year’s gains.
Compare that to Bitcoin and Ether, both...
Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
14.3.2023
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra...
Terra Luna Classic Price Prediction as LUNC Blasts Up 24% in a Month – Are Whales Buying?
4.2.2023
Terra Luna Classic price pumped hard on Thursday and Friday this week following news that USTC was going to be repegged. The community has been seeking validation following the collapse of UST last May....
Read More: Terra Luna Classic Price Prediction as LUNC Blasts Up 24% in a Month – Are Whales...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
16.10.2022
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June...
Terra Luna Foundation Guard Freezes $100M Compensation Treasury
8.10.2022
The Luna Foundation Guard (LFG), a non-profit organization that supports the Terra ecosystem, has halted the planned distribution of $100 million from its reserve among small UST holders citing litigation concerns.
The organization announced the news in a Friday tweet, noting that they...
Terra Luna Classic Crypto Price Prediction - Will LUNC Crash?
20.9.2022
Terra Luna Classic (LUNC) is consolidating around the $0.00029 price levels and has recently lost the limelight as the effect of the bull run wears off.
However, the recent breakout of the falling wedge pattern does display robustness from the LUNC bulls. As Bitcoin continues to trade below...
Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon
14.9.2022
Terra-based decentralized finance products saw outflows of over $20 million this morning
Terra back from the dead? LUNA price rises 300% in September
11.9.2022
The incredible LUNA rally took place amid a flurry of positive and negative events while technicals suggest a correction is coming
Terra Luna Classic Crypto Price Prediction 2022 - Can LUNC Rocket to $0.00088?
11.9.2022
Terra Luna Classic (LUNC) is now trading in a healthy consolidative retreat at $0.000442, currently down 25% from the $0.00059 swing high achieved on the 7th of September.
The battle for control between the bulls and bears is still finding equilibrium but there is still scope for LUNC to push...
LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours
9.9.2022
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the token’s value has slipped to...
Terra 2.0 (LUNA) Pumps 260% as Terra Classic (LUNC) Falls
9.9.2022
Terra 2.0 Luna is on a rampage today as it soars up to almost $8 increasing in price by over 250% in the last 6 hours.
Whilst Terra Luna achieves euphoric highs Terra Luna Classic is facing a bearish reversal down to $0.00044 from recent highs of $0.000593.
Is the Terra 2.0 Luna pump deleterious...
Terra Luna Classic Crypto Price Analysis - LUNC Down 21.3%
7.9.2022
Terra Luna Classic (LUNC) has aggressively retraced today after reaching a euphoric top of $0.0004506 on the Binance crypto exchange.
Recently Terra Luna Classic (LUNC) formed a bearish reversal pattern known as a broadening ascending channel and lost price structure. LUNC now resides within...
Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours
23.8.2022
During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
30.7.2022
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
1.7.2022
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST...
Do Kwon Interview Explains He’s ‘Devastated’ by LUNA Collapse, Says ‘There’s a Difference Between Failing and Fraud’
23.6.2022
During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before...
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False
13.6.2022
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing out $2.7 billion a few months before the UST de-pegging incident. Kwon, however,...