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LUNC Burn Can't Help Terra Luna Classic Price, New Crypto Coin Burns 30% of Token Supply
23.5.2023
The Terra Classic (LUNC) price has been in a downtrend throughout 2023 despite the LUNC coin burn, its total supply still 5.87 trillion tokens.
New cryptocurrency Copium is burning 30% of its supply, aiming to achieve what the former Terra LUNA hasn't. Since the announcement of its token burn...
Terra Founder Do Kwon Having His Bail Conditions Appealed in Montenegrin Court
22.5.2023
Prosecutors in Montenegro appealed against the bail terms of Terra/LUNA co-founder Do Kwon and chief financial officer Han Chang-Joon.
On Wednesday, the State Prosecutor’s Office in the country's capital, Podgorica, filed an official appeal against the decision made by the court on May 12 to grant...
Could AI help Terra Luna Classic recover?
16.5.2023
Since its implosion and subsequent hard fork by LUNA, Terra Luna Classic (LUNC) has struggled to gain momentum in the cryptocurrency market, with its value declining. Now, industry experts suggest AI could help LUNC recover and attain its full potential. By leveraging advanced machine learning...
Terra Luna Classic Price Prediction as LUNC Bounces 10% From Recent Bottom – Can LUNC Reach $1 in 2023?
14.5.2023
As Terra Luna Classic (LUNC) experiences a 10% rebound from its recent lows, the crypto community is buzzing with anticipation.
The key question on everyone's mind is: Can LUNC reach the coveted $1 mark in 2023?
This update delves into the Terra Luna Classic price predictions, examining...
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro
12.5.2023
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail...
Montenegro Court Agrees To Release Terraform’s Kwon and CFO on Bail
12.5.2023
A court in Montenegro accepted bail to release Terraform Labs co-founder Do Kwon and former chief financial officer Han Chang-joon from jail on Friday after allegedly using false documents.
The Basic Court Podgorica said the two would not be allowed to leave their homes in accepting the 400,000...
Terra Luna founder Do Kwon's bail terms officially accepted by Montenegro court
12.5.2023
The Montenegro court accepted the offered bail in the amount of $436,000 per person for Do Kwon and his former aide Han Chang-joon
Terraform Labs CEO Do Kwon Pleads Not Guilty to Forged Passport Charges
11.5.2023
Terraform Labs co-founder Do Kwon pleaded not guilty to allegedly using false passports from Belgium and Costa Rica on Thursday in a Montenegro court, according to Bloomberg News.
Kwon had been on the run for months after the demise of Terraform Labs, the company behind the algorithmic stablecoin...
Terra Luna crash anniversary: Community reflects on the lessons learned
11.5.2023
The Terra Luna crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry
Terra Luna Classic Price Prediction as 10 May Marks 1 Year Anniversary of LUNA and UST Crash – Will Important News be Announced Today?
10.5.2023
The Terra Luna Classic price has gained by 8% in the past 24 hours, rising to $0.00009048 on the day the cryptocurrency witnesses the one-year anniversary of the infamous Terra crash.
This crash saw both LUNA and its sister stablecoin UST become almost worthless overnight, yet it seems that LUNC...
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs
Terra Luna Classic Price Prediction as Bulls Hold Key $0.00010 Level – Where is LUNC Headed Next?
4.5.2023
Terra Luna Classic (LUNC) bulls are currently holding the cryptocurrency above the key psychological $0.00010.
Nonetheless, price predictions are becoming more bearish.
LUNC is the cryptocurrency that powers the original Terra blockchain that experienced catastrophe last May when its algorithmic...
Terra Luna Classic Price Prediction as LUNC Threatens Fall to Nine-month Lows – Here's Where LUNC is Heading Now
3.5.2023
Despite Binance’s latest monthly burn of over $150,000 worth of LUNC tokens and the recent hiring of a new, highly experienced Senior Cosmos developer to the layer-1 blockchain task force team, Luna Classic (LUNC) is threatening a breakout to fresh nine-month lows.
As a result, price predictions...
Seoul Prosecutors Believe Terra Co-Founder Do Kwon Still in Possession of $100 Million Held in Swiss Bank Account
27.4.2023
In the wake of the recent legal action against ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, known to many as Daniel Shin, it appears that prosecutors from Seoul are convinced that Terraform Labs and co-founder Do Kwon are still in possession of a considerable...
Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security
25.4.2023
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act
Terra Luna Classic Price Prediction as $30 Million Trading Volume Floods In – Time to Buy?
25.4.2023
The price of Terra Luna Classic (LUNC) has dropped by 0.5% in the past 24 hours, with its fall to $0.00010959 coming as the wider cryptocurrency market barely moves within the same timeframe.
LUNC's current price means it has fallen by 12% in a week and by 13.5% in the last 30 days, while the coin...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
LUNA token is not a security, rules S.Korean court in Terra co-founder case
24.4.2023
The court in its ruling noted that It is difficult to see Luna coin as a financial investment product regulated by the Capital Markets Act
Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
22.4.2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using...
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...