[Jun 27, 2023 3:30 AM] While the co-founder of Terraform Labs has been sentenced to four months in jail in Montenegro, a team of six anonymous developers have been attempting to revive the Terra Classic ecosystem after its collapse in May 2022. The six programmers, known…
[Jun 19, 2023 12:16 AM] Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić.
[Jun 13, 2023 10:00 AM] The crypto market has been bleeding lately, and leaders like Bitcoin and Ethereum have been on a downtrend. In addition, the Securities and Exchange Commission’s crackdown on top trading platforms Coinbase and Binance has further made things…
[Jun 9, 2023 12:30 PM] Terra Classic (LUNC), the original chain left behind after the Terra Luna/UST collapse, has given a glimmer of hope to investors over the past few days. LUNC went into an uptrend amid heightened market uncertainty and bearish investor sentiment…
[May 7, 2023 9:51 AM] Recently, the Terra Classic ecosystem has been in the spotlight due to its developmental efforts, with the testnet upgrade to version 2.0.0 being the latest advancement. Contrary to general expectations, this recent improvement hasn’t…
[May 5, 2023 11:15 AM] The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities.
[Apr 29, 2023 4:42 AM] In one of the most catastrophic events to ever hit the crypto industry, the prominent algorithmic stablecoin TerraClassicUSD (USTC) – formerly UST – became depegged from the US dollar around a year ago. As a result, the Terra ecosystem…
[Apr 28, 2023 4:30 AM] Terra Classic has been doing extensive clean-up work following the Terraport hack which shook the foundation of the ecosystem. This even led to the de-peg of the ecosystem’s stablecoin, USTC, leading to another catalyst for the bears to exploit. …
[Apr 25, 2023 3:35 AM] The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.
[Apr 24, 2023 11:30 AM] 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…
[Apr 15, 2023 2:20 AM] While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case.
[Apr 12, 2023 6:30 AM] The most promising DeFi project of Terra Classic (LUNC), Terraport Finance, reported a hack of its Terraport liquidity wallet on Monday. In a tweet, the team shared that a hacker siphoned liquidity from Terraport Finance. Nearly 9.5 million TERRA…
[Apr 10, 2023 7:39 AM] Terra users are losing another round of funds due to a breach on the new DeFi platform Terraport Finance, which launched on March 31.
[Apr 6, 2023 10:28 AM] Terra Classic is a community-run revival of the Terra Luna ecosystem that collapsed in a spectacular fashion in 2022. Since then, LUNC, the ecosystem’s native token, has been subjected to burns to reduce the supply and drive the price upwards…
[Mar 27, 2023 1:31 AM] Authorities have previously alleged that Shin earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse.
[Mar 26, 2023 3:51 AM] A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual.
[Mar 13, 2023 6:47 PM] The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia.
[Feb 16, 2023 5:28 AM] The implosion of Terra (LUNA) was one of the devastating events in the crypto space last year. Investors lost most of their funds worth billions of dollars, and other crypto asset prices plunged drastically. Subsequently, South Korean prosecutors…
[Feb 9, 2023 5:00 PM] Terra Classic (LUNC) has had a rough go of it since the TerraUSD (UST) crash back in May 2022. Since then, the digital asset has been trading at over 99% less than its value had been but despite this, the cryptocurrency continues to enjoy the…
[Feb 9, 2023 8:14 AM] Altcoins in the crypto space have been seeing a lot of volatility lately as major cryptocurrencies Bitcoin and Ethereum face resistances which hindered their growth. Luna Classic, the revival attempt of the Terra Luna ecosystem, is one of those…
[Jan 18, 2023 6:36 PM] Just this January 14th, LUNC just went through its network upgrade that was supported by Binance. The upgrade was due to several developments on-chain. According to its January 1st blog post, it was because the system of LUNC remints tokens that…
[Jan 18, 2023 10:15 AM] Shiba Inu (SHIB), ApeCoin (APE), and LUNC gained new support in January as Australian crypto exchange Cointree lists them on its platform. Cointree announced the news via Twitter recently. Cointree is among the oldest crypto exchanges in Australia…
[Jan 10, 2023 3:59 AM] TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided to run a smear campaign.
[Dec 28, 2022 8:00 AM] The Terra Classic (LUNC) price has been boosted in recent days by a rumor that the world’s second-largest exchange, Coinbase, might buy and list the token. As NewsBTC reported, the rumor originated from an anonymous source in the Terra…
[Dec 27, 2022 11:00 AM] Terra Classic (LUNC) continues to show strength in the market despite losing over 99.9% of its value about 8 months prior. The digital asset which has now been reduced to the meme coin level still produces massive gains. Presently, LUNC is seeing…
[Dec 22, 2022 9:30 AM] The collapse of Terra Luna and algorithmic stablecoin TerraUSD in May was one of the biggest setbacks for the broader crypto market this year. The previously thriving Terra ecosystem was completely wiped out in a matter of days, except for the…
[Dec 11, 2022 8:21 PM] South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea.
[Dec 10, 2022 10:30 AM] Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is…
[Dec 9, 2022 4:00 PM] The LUNA Classic (LUNC) price has noted a fresh decline in the last 24 hours. In that time frame, the altcoin depreciated by 1%. In the past week, LUNC logged gains worth 2.5%. Much of the weekly gains have been lost due to losses on the daily…
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