Avalanche (AVAX) Foundation has successfully repurchased the 1.97 million AVAX tokens sold to the Luna Foundation Guard (LFG) in 2022. Data estimates that Avalanche purchased these tokens for $53 million…
Browsing: LUNA
Terraform Labs received court approval to wind down its operations following a bankruptcy court- hearing leading to price rallies for both LUNA and LUNC. The payout is estimated to range…
Tax2Gas, an upgrade that the Terra Classic (LUNC) community voted nearly unanimously for, has now been implemented at the block height of 19,850,000. The upgrade has received the support of major…
The Terra Classic upgrade, scheduled to take place on September 18, will introduce critical security patches, including updates to core components like wasmvm and wasmd. The announcement of the proposed…
Terraform Labs’ upgrade and significant token burn aim to reduce LUNA’s supply, potentially driving a price rally. As Terraform Labs exits, the community’s role will be crucial in sustaining the…
3AC claims $1.3B losses from LUNA’s collapse, blaming Terraform Labs’ manipulative practices. LUNA value plummeted, decimating 3AC’s $462M investment to just $2.7K in weeks. As discussed in a previous CNF…
LUNC’s recent surge might be short-lived, with potential volatility ahead due to rising liquidation levels and bearish market signals. The $0.0001 level is critical; LUNC could face a reversal if…
Do Kwon’s Terra project collapsed, wiping out $40 billion, leading to global legal challenges. Kwon settled with the SEC for $4.47 billion after being found liable for investor fraud. Few…
Community rejects expanding validator set from 100 to 130. Settlement with U.S. SEC leads to validator dispute: $4.5 billion settlement sparks validator dispute over network decentralization. The Terra Luna Classic…
La Commission américaine des opérations de bourse (SEC) conclut un accord de 4,47 milliards de dollars avec Terraform Labs, Do Kwon devant s’acquitter d’une amende civile de 80 millions de…
Terraform Labs and CEO Do Kwon reach a preliminary settlement with the SEC over allegations of misleading investors. The settlement terms are set to be finalized and submitted for court…
Do Kwon has filed a motion in court seeking to dismiss the SEC’s ludicrous $5.3 billion proposed fines and penalties, claiming that they fail to meet the precedent set by…
Terraform Labs faces SEC trial over alleged crypto fraud, accused of misleading investors about stablecoin stability. The legal battle was delayed till March, with co-founder Do Kwon remaining in Montenegro…
A former employee at Terra has testified that Do Kwon promoted the TerraUSD stablecoin as a payment option to prospective investors despite local laws outlawing such payments. Daniel Shin, one…
Terraform Labs, co-founded by Do Kwon, files for Chapter 11 bankruptcy amidst a turbulent period, with LUNA and LUNC prices dropping by 5%. Despite facing legal challenges and a significant…
MIR and LUNA have been categorized as securities by a U.S. federal judge. …
Courtesy of the TerraForm Labs, the Terra Luna Classic (LUNC) and TerraClassicUSD (USTC) tokens have been experiencing a consistent upsurge in price value over the past month. Within a 30-day…
Terra Classic (LUNC) faces a bleak future, with predictions of minimal price growth until 2028 and a potential 100% devaluation by 2030, according to CoinCodex. Despite these predictions, the Terra…
A new validator has proposed the introduction of a decentralized debit card into the Terra Luna Classic ecosystem, receiving overwhelming support in initial voting. Terra Luna Classic’s core development team…
In the past week, developers worked to evaluate the LUNC cap proposal in a bid to prevent the chain from minting more LUNC in each block. Terra Luna Classic developer…