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The controversial Proposal 11398 has sparked discussion in the Terra Luna Classic community as some members look to support it. The proposal aims to burn all tokens in the community’s Oracle...
Mar 24, 2023 18:27
Exclusive footage obtained by journalist Isabel Hunter shows Do Kwon, the founder of Terraform Labs, being led out of a Montenegrin court in handcuffs
Mar 24, 2023 16:55
A grand jury in Manhattan supposedly charged Kwon with securities fraud, commodities fraud, and conspiracy.
Mar 24, 2023 14:18
Do Kwon, co-founder of Terraform Labs, was detained at an airport in Podgorica, Montenegro on Thursday, South Korean prosecutors and Interpol have now confirmed his identity. South Korea, the U.S.,...
Mar 24, 2023 07:38
Terra (LUNA) tests feature that would enable cross-chain collaboration
Mar 23, 2023 15:18
After rumors circulated earlier in the day that a man believed to be Do Kwon had been apprehended in Montenegro, South Korean officials have now confirmed that Kwon was indeed taken into custody there
Mar 23, 2023 15:02
Terra (LUNA) price tumbled 8% after reports on Terra co-founder Do Kwon’s arrest reached the Terra community. Surprisingly, Terra Classic (LUNC) price also fell steeply by 4% despite Do Kwon...
Mar 23, 2023 14:28
The US Department of Justice is supposedly the latest agency to investigate the Terra crash.
Mar 15, 2023 01:45
The U.S. Justice Department investigates the collapse of TerraUSD stablecoin, probing if trading firms were engaged in market manipulation. The post U.S. Justice Department Investigating TerraUSD...
Mar 13, 2023 22:52
Given Silicon Valley Bank’s direct involvement in destabilizing USDC prices, CZ blamed banks for increasing the risks of stablecoins.
Mar 12, 2023 05:26
LUNC Price Prediction: Amid the increasing bearishness in the crypto market, the LUNC price breached monthly support of $0.000152. This breakdown backed by increasing volume indicated the sellers...
Mar 6, 2023 19:39
Singapore's police begun a probe against Terraform Labs and claimed Do Kwon is currently not inside the city-state's borders.
Mar 6, 2023 14:57
Singapore Police on Monday said they have started investigating Terraform Labs Pte, the company co-founded by South Korean citizen Do Kwon. Singapore-based Terraform Labs is currently functional...
Mar 6, 2023 12:02
The recent action from Binance comes in the wake of NYDFS ordering BUSD issuer Paxos to stop minting new BUSD.
Mar 6, 2023 11:54
Local police in Singapore sent an email on Monday saying that they have begun a probe connected to Do Kwon’s Terraform Labs.
Mar 6, 2023 11:07
The world’s largest crypto exchange Binance has burned massive amounts of LUNC tokens in the 7th batch of the LUNC burn mechanism. This marks the official return of Binance LUNC burns back to...
Mar 2, 2023 14:00
The founders of the troubled crypto lender, Hodlnaut are looking to sell the business rather than liquidating it.
Mar 1, 2023 16:33
Terra Luna Classic (LUNC) developer group the Joint L1 Task Force successfully triggered the v1.1.0 network upgrade at block height 11,734,000 at 08:46:56 AM on March 1. Terra Luna Classic’s...
Mar 1, 2023 13:55
Jane Street was one of the entity that reportedly held talks for a potential Terra bailout.
Mar 1, 2023 06:37
It has been nine months since the crypto project Terra (LUNA) experienced a catastrophic collapse in May of 2022. In the span of just one week, Terra’s algorithmic stablecoin, UST, was unable...
Feb 28, 2023 15:48
Wintermute’s head of research Igor Igamberdiev said “there is a good chance” one of the wallets linked to Terra’s UST depeg could be tied to trading firm Jane Street. The...
Feb 28, 2023 15:26
Binance reinstating its LUNC burn mechanism is the key moment for the Terra Luna Classic community. With Proposal 11367 officially passed, the blockchain will be halted at block 11,734,000 height....
Feb 28, 2023 13:56
The world’s largest crypto exchange Binance presented some terms directly to the Terra Luna Classic community in order to continue its LUNC burn mechanism from March 1. In response, the Terra...
Feb 25, 2023 18:25
The BIS found that retail investors bought the dip amid the bloodbath while the broader financial system remained generally unharmed.
Feb 25, 2023 05:45
DeFi market saw another exploit this past week on the Platypus protocol, resulting in a loss of over $8 million.
Feb 24, 2023 21:00
USTC price was trading up 6%
Feb 24, 2023 15:15
The United States Securities and Exchange Commission’s (SEC) Commissioner Hester Peirce urged the financial regulator to defer to the US Congress in its stablecoin regulation drive. The post...
Feb 23, 2023 11:25
The Terra Luna Classic community’s main objective in February was to focus on returning the Binance LUNC burn mechanism. After Proposal 11310 by Terra Classic core developer Edward Kim was...
Feb 22, 2023 16:32
Total comprehensive income for 2022 fell by over 97% since the previous year.
Feb 22, 2023 00:49
Crypto exchange Binance to most likely resume its LUNC burn mechanism as the community passes all three key proposals put forward by Terra Classic core developer Edward Kim of the Joint L1 Task...
Feb 21, 2023 17:16
The report suggested that whales with Binance, FTX, and Coinbase “probably cashed out at the expense of smaller holders” by reducing their BTC stockpiles as retail investors bought.
Feb 20, 2023 20:27
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem.
Feb 20, 2023 20:00
The stablecoin yield platform is being sued for customer losses following exposure to the Anchor Protocol and UST collapse last year.
Feb 20, 2023 05:05
Terra Luna Classic community has failed to burn significant LUNC tokens this week as part of the commitment to remove tokens from the total circulating supply. The Terra LUNA Classic community...
Feb 19, 2023 12:30
Terra (LUNA) and Terra Classic (LUNC) prices witnessed a sudden fall after the Securities and Exchange Commission (SEC) on Friday filed a lawsuit against Do Kwon, Terraform Labs, and affiliates. It...
Feb 18, 2023 16:03
Terra’s indigenous stablecoin, the TerraUSD (UST), was once touted to be an engineering marvel in the blockchain sector. With its unique, dual token system–it behaved like any other...
Feb 17, 2023 22:00
The SEC complaint included allegations around claims of TerraUSD's peg, Terra's relationship to Chai, and co-founder Do Kwon cashing out for millions.
Feb 17, 2023 21:30
The SEC claims the BTC wealth stood in a cold wallet not associated with any exchange.
Feb 17, 2023 14:16
Terra-related tokens lost an average of 5% in the last 24 hours following the United States Securities and Exchange Commission’s (SEC) charges against Terraform Labs and Do Kwon, according to...
Feb 17, 2023 14:10
According to the SEC, Terra was nothing but a multimillion-dollar fraud, and Do Kwon and Terraform Labs must pay.
Feb 17, 2023 05:51
As the U.S. Securities and Exchange Commission (SEC) continues to tighten its grip over the crypto space, the latest bait for the securities regulator is Terra LUNA creator Do Kwon. Last May 2022,...
Feb 17, 2023 04:18
Terra Classic blockchain upgrade v1.0.5 successfully went live at block height 11,543,150 on February 15 at 18:28:24. The proposer of the block was Kucoin LUNC Node. While the developers were busy...
Feb 16, 2023 15:36
TMON's previous boss supposedly accepted bribes in LUNA to make the token a payment method on the e-commerce platform.
Feb 15, 2023 16:15
South Korea’s prosecutors investigating the Terra-LUNA crisis filed an arrest warrant against a former CEO of e-commerce giant TMON on Wednesday. Prosecutors said the former TMON CEO accepted...
Feb 15, 2023 10:29
While the crypto market reel under regulatory action from US financial regulators, TerraClassicUSD (USTC) and Terra Classic (LUNC) prices show strength as blockchain upgrade v1.0.5 is almost here....
Feb 13, 2023 15:33
In the daily time frame chart, the LUNC price shows the formation of a rising parallel channel pattern. This structure occurs when prices are moving higher and is contained within two parallel...
Feb 11, 2023 15:26
While the exact reason for the investigation hasn’t been revealed, it has been reported that the New York regulator plans on upping its efforts to protect consumers this year.
Feb 10, 2023 05:42
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...
Feb 9, 2023 23:00
A delegation of South Korean officials supposedly traveled to Serbia last week to search for Do Kwon.
Feb 7, 2023 21:43
The Terra Classic community in total burned over 226 million LUNC tokens in January, maintaining balance as crypto exchange Binance temporarily suspends its LUNC burn mechanism until March. This...
Feb 7, 2023 16:05
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