Search
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
18.11.2022
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino effect that led to the company’s implosion. The study...
Terra Luna Classic Price Prediction as LUNC Sees $100,000,000 Trading Volume Come In
18.11.2022
Terra Luna Classic price prediction is bearish; however, buyers still have hope for a bullish reversal above $0.000169, a support level extended by an upward trendline. The cryptocurrency market has recently been harsh to investors, with most cryptocurrencies unable to produce gains.
Terra Classic...
Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8 Billion Used to Defend Peg – Here’s What You Need to Know
17.11.2022
Terra (LUNA) founder Do Kwon and the Luna Foundation Guard (LFG) spent as much as 80,000 bitcoin, worth a whopping $2.8bn, to defend the algorithmic stablecoin UST’s dollar peg, a new audit report has revealed.
The newly revealed numbers were shared by Do Kwon himself in a Twitter thread...
3 reasons why the FTX fiasco is bullish for Bitcoin
17.11.2022
The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
16.11.2022
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators. Terraform Labs Co-Founder’s Company Chai Reportedly...
Terra Labs, Luna Guard commission audit to defend against allegations of misusing funds
16.11.2022
The audit tracked efforts to defend the UST peg May 8-12 and no found wrongdoing. LFG used the data to draw conclusions about frozen funds
News Summary: SBF May be Brought to US for Questioning, FTX Australia’s Financial License Suspended, FTX Bahama-based Subsidiary Files for Bankruptcy
16.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: News Summary: SBF May be Brought to US for Questioning, FTX Australia’s Financial License Suspended, FTX Bahama-based...
South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe
16.11.2022
Officials said they suspect Chai Corp. leaked customer information to Terraform Labs
The Tax Impact of This Year’s Platform and Protocol Failures
15.11.2022
South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report
14.11.2022
Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra's collapse
Crypto.com's CRO token is in trouble but a 50% price rebound is in play
14.11.2022
Short CRO traders were paying as much as 3% premium to long traders on Nov. 14, reflecting extreme bearishness in its futures market
Terra Luna Classic Price Prediction as LUNC Falls 30% in 7 Days, How Low Can it Go?
14.11.2022
The price of terra luna classic (LUNC) has fallen by 2.5% in the past 24 hours, with the altcoin also down by nearly 30% in the past week, at $0.00017357. The drops come as the fallout from FTX's collapse continues to weigh down the wider market, with LUNC's momentum from early September unable...
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
13.11.2022
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda...
Hedge Fund Galois Capital Discloses ‘Roughly Half’ of the Firm’s Capital ‘Stuck on FTX’
12.11.2022
According to the co-founder of Galois Capital, the hedge fund manager who warned about the Terra collapse before it happened, half of the hedge fund’s capital is left trapped on FTX. Galois co-founder, Kevin Zhou, wrote a letter to investors explaining the situation and said he was “deeply sorry”...
Terra Luna Classic Price Prediction – Can LUNC Recover and Hit $1
12.11.2022
Terra Luna Classic (LUNC) price sell-off continues unabated in the wake of the collapse of FTX and its affiliated companies. The total cryptocurrency market cap sunk deeper below the $1 trillion mark as investors reacted to the bloody mess caused by the now never-ending troubles at one of...
Terra Luna Classic Price Prediction as LUNC Rebounds 2.5% – Time to Buy?
11.11.2022
Terra Luna Classic price prediction remains bullish above $0.000169, a support level extended by an upward trendline. Lately, the crypto market has been unkind to investors, with most cryptocurrencies struggling to post gains. Contrary to the trend of other large market-cap cryptocurrencies, Terra...
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
10.11.2022
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried....
Terra Luna Classic Price Prediction – Can Bulls Pump LUNC 30% This Week?
7.11.2022
Terra Luna Classic price prediction remains bullish above $0.00020, a triple bottom support level. LUNC has formed a descending triangle pattern, which usually indicates the possibility of a bearish breakout, but the leading technical and fundamental indicators point to a buying trend....
Read...
Terra Luna Classic Price On A Rollercoaster Ride - How High Will It Go?
5.11.2022
Terra Luna Classic (LUNC) broke its downward trend and drew some modest bids around the $0.000226 level. Before the release of US nonfarm payrolls, coin performance has been poor over the last few weeks.
Even during the recent positive crypto market performance, when most coins broke their...