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Genesis Ordered to Comply With Terra Subpoena Within 5 Days
16.10.2023
The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said
Terraform Labs Alleges Citadel Securities' Role in Stablecoin Depegging Conspiracy
13.10.2023
Terraform Labs, the entity behind Terra (LUNA) and TerraUSD (UST), has accused market maker Citadel Securities of a "concerted, intentional effort" to cause the collapse of its stablecoin in May 2022.
On October 10, Terraform Labs filed a lawsuit with the United States District Court in...
Terra Luna Classic Price Prediction as LUNC Re-Enters Top 100 Crypto Rankings – What Happens Next?
13.10.2023
The Terra Luna Classic price has risen by 2% in the past 24 hours, with its ascent to $0.00005693 coming as the wider market falls by 0.2% today.
LUNC's move has enabled it to reenter the top 100 cryptocurrencies by market cap, although the altcoin remains down by 2.5% in a week and by 10% in...
Terra Luna Classic Price Prediction as LUNC Approaches Lowest Level in 2 Months – Will LUNC Keep Falling?
10.10.2023
The Terra Luna Classic price has just about risen by 0.5% in the past 24 hours, yet its current level of $0.00005632 represents an 8% decline in a week.
And with LUNC also down by 6.5% in a month and by 81% in the past year, the altcoin is definitely in the middle of a prolonged downturn, with...
Terra Luna Classic Price Prediction as LUNC Edges Closer to $0.00006 – Can It Hit $3 in 2023?
8.10.2023
In the rapidly changing landscape of digital assets, Terra Luna Classic's LUNC has been catching the eyes of many cryptocurrency enthusiasts.
While its current price hovers around the $0.00006 mark, its future potential remains a topic of significant debate and intrigue.
With cryptocurrency...
Terra Luna Classic Price Prediction as LUNC Falls to 100th Place in Coin Rankings – Is It All Over?
4.10.2023
The Terra Luna Classic price has dropped by 3% in the past 24 hours, with its fall to $0.00005928 leaving the altcoin in 100th place in terms of cryptocurrency market cap rankings.
LUNC is also down by 3.5% in the past week, and while it's actually up by 3% in the last 14 days, it remains down...
Investors drop class-action lawsuit against Terraform Labs and Do Kwon
2.10.2023
The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro
‘I Won’t Tell if You Don’t’ — SEC Unearths Alleged Scheme by Do Kwon to Fabricate Terra Transactions
1.10.2023
In the wake of the U.S. Securities and Exchange Commission’s (SEC) call to depose Terraform Labs creator and former CEO Do Kwon, the SEC unveiled an alleged exchange between him and his former associate Daniel Shin. The ex-Terra boss reportedly claimed he could fabricate transactions on...
Do Kwon’s Defense Declares SEC’s Deposition Request ‘Impossible’ Amid Ongoing Detention Saga
28.9.2023
The legal team defending Do Kwon, the co-founder and former CEO of Terraform Labs, argues that the U.S. Securities and Exchange Commission (SEC) lacks the capacity to depose Kwon, deeming it an “impossible” feat. Kwon’s legal counsel additionally maintains that the SEC’s bid for a preclusion order...
Is it Too Late to Buy LUNA? Terra Classic Offshoot Pumps 18% As Gaming Platform Token Presale Tops $100k
28.9.2023
Terra (LUNA) is in the midst of a comeback, after disgraced project founder Do Kwon filed court documents on Wednesday that suggested his legal team will fight any attempts at extradition to the United States.
In documents filed with the U.S. District Court for the Southern District of New York...
Terra Classic LUNC Price Surges by 5% as New Penny Crypto, Bitcoin Minetrix, Secures $150k
28.9.2023
Terra Classic price has seen LUNC surge +5%, as Terra community members deliberate on two crucial proposals set to shape the future of the Terra Classic ecosystem.
At the heart of this debate lies the governance of validators' commissions and the infrastructure support offered by Allnodes....
Do Kwon says SEC's extradition request is impossible
28.9.2023
The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States
Do Kwon Fights SEC Extradition Request Over Terra and Luna Stablecoin Collapse
28.9.2023
Do Kwon, founder of Terraform Labs, is fighting a U.S. Securities and Exchange Commission (SEC) request to extradite him for questioning about the collapse of his stablecoins Terra and Luna, according to court documents filed on Wednesday.
The filing, submitted to the U.S. District Court for...
Terraform Labs Founder Do Kwon Opposes SEC's Extradition Request
27.9.2023
The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects
Terra Classic Price Prediction: LUNC Gains 1% – Can LUNC Challenge September High?
27.9.2023
The Terra Luna Classic price has risen by 1% in the past 24 hours, with its move to $0.00006116 also marking 6.5% gain in the past week.
LUNC has been performing well ever since the acceptance of two potentially significant governance proposals, which respectively call for the cessation of...
Terra Luna Classic Price Prediction As LUNC Pumps 5% in 7 Days - Here's Why The Altcoin Is Outperforming
25.9.2023
Terra Luna Classic (LUNC), the cryptocurrency that powers the original Terra blockchain that faced disaster last May, has been outperforming the broader cryptocurrency market in the last seven days, rising more than 5.0% during this time.
By contrast, Bitcoin (BTC) is down close to 2% and Ether...
Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue
25.9.2023
TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
24.9.2023
Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...
Terra Classic community elects to cease USTC minting
24.9.2023
The community strongly supports discontinuing TerraClassicUSD (USTC) minting and reminting, actively engaging in USTC burning to restore its peg against the US dollar
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer
23.9.2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting...