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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...
Terra Luna Classic Price Prediction as LUNC Blasts Up 9% and Becomes Best Performer – What's Going On?
22.9.2023
The price of Terra Luna Classic (LUNC) has jumped by nearly 9% in the past 24 hours, following the acceptance of two governance proposals that would help boost it and its sister stablecoin, USTC.
At $0.00006136, LUNC is up by 7% in a week but down by 4% in the last 30 days, with the altcoin also...
Terra Luna Classic Price Prediction as Bears Push LUNC Down 0.4% – Is the Sell-Off Over Now?
20.9.2023
The price of Terra Luna Classic (LUNC) has dipped by 0.5% this morning, with its fall to $0.00005748 representing a similar fall in the past week and a 14% drop in the last 30 days.
Given just how heavily LUNC has been sold in the past few months, many traders may be tempted to think that it...
Is Terra Luna Classic Going to Zero? LUNC Price Drops 5% as New Bitcoin Startup Raises $2 Million
15.9.2023
Terra Luna Classic (LUNC) could be going to zero, as downside price moves continue to dominate price action despite a LUNC network core upgrade by the L1 Terra Classic Task Force (L1TF) developer group.
The v2.2.1 core upgrade to Luna Classic is a monumental step in rebuilding the ecosystem,...
South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity
15.9.2023
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market
Terra Luna Classic Price Prediction as LUNC Becomes Best Performing Coin of the Day – Time to Buy?
10.9.2023
In the ever-volatile world of cryptocurrencies, Terra Luna Classic (LUNC) has made significant waves today. Despite its price currently standing at a modest $0.000060, the coin boasts an impressive 24-hour trading volume of $3 million.
Although Terra Classic has witnessed a slight 2.50% dip...
Terra Luna Classic contemplates deposit hike to curb spam proposals
10.9.2023
This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community
Terra Luna Classic Price Prediction as Daily Trading Volume Falls to $12 Million – Is It All Over for LUNC?
8.9.2023
The Terra Luna Classic price has risen by a modest 0.5% in the past 24 hours, with its little jump to $0.00006095 coming as the wider cryptocurrency market recovers by 1% today.
Despite this slight improvement, LUNC remains down by 1% in a week and by 22% in the last 30 days, while the altcoin...
Vauld gets permission for board restructuring from the court
25.8.2023
Singapore-based crypto exchange has been ongoing bankruptcy proceedings since August 2022
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
25.8.2023
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing
Prime Trust parent company lost $8M investing in TerraUSD
24.8.2023
Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin
Defi TVL Dips Below $40B Amidst Market Turbulence and Shrinking Confidence
22.8.2023
After remaining above $40 billion for much of 2023, the total value locked in decentralized finance, or defi, fell below the threshold on August 17, reaching $37.9 billion by August 22. Additionally, from August 13, the top 100 DeFi tokens have decreased by $1.74 billion in value over nine days....
Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams, Phantom Launches the 'Sign In With Solana' Feature
22.8.2023
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: Today in Crypto: Thailand May Banish Facebook Because of Crypto Scam Ads, Terra Freezes Website Due to Phishing Scams...
Terra Luna Classic Price Prediction as Terra Website Gets Hacked – Will LUNC Keep Falling?
22.8.2023
The price of Terra Luna Classic (LUNC) has dropped by 1% in the past 24 hours, with the coin's fall to $0.00006553 coming after the terra.money website was hacked for phishing purposes.
LUNC is also down by 15% in the past week and by 25% in the last 30 days, with the altcoin having declined...
Terra money website frozen to prevent more phishing scams
22.8.2023
The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks
Scientists reverse-engineered the Luna flash crash using particle physics
21.8.2023
Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes
Terra Website Compromised; Developers Warn Against Phishing Scam
21.8.2023
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea
18.8.2023
The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs