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Terra Luna 2.0 went live on exchanges last night, and traders have mixed feelings regarding LUNC and LUNA. Some remain hopeful that LUNA 2.0 will reach prices as high as $50, while others are on Terra Classic’s side, encouraging users and exchanges to burn the token to reduce the enormous supply of the cryptocurrency. Let’s … Read more
On Saturday, May 28, 2022, LUNA classic and UST classic holders received an airdrop consisting of new LUNA 2.0 tokens based on two blockchain snapshots. The crypto asset’s first recorded value at 5 a.m. (ET), was $14.31 per unit and it hit an all-time high (ATH) roughly 20 minutes later at $18.87 per LUNA. LUNA … Read more
Terra Luna 2.0 has officially launched today. The new chain launch and Airdrop are complete, and the new LUNA token is now trading and is being tracked on several exchanges, including KuCoin, Bybit, Kraken, MEXC, OKX, and Bitrue. More exchanges are scheduled to join soon. Terra Luna 2.0 New Chain Launch Complete As of seven … Read more
Terra Luna is gearing up for its new chain launch, forking the old blockchain into a new chain without the UST stablecoin. Multiple exchanges already announced their support for the new chain, and CoinMarketCap updated Terra Luna to LUNC and added a new tracker for Terra 2.0. Final Post-attack Snapshot for Terra 2.0 Has Passed … Read more
After the UST depegging earlier this month, which caused LUNA to drop over 99% in price, the community behind the token passed a revival plan proposal that will fork the old chain, creating a new token and blockchain without the stablecoin. The new chain is scheduled to launch tomorrow, May 27th, and the old chain … Read more
According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been amended and the final release of the new Terra Core codebase … Read more
The Terra Luna 2.0 Revival Plan has officially passed with over 65% voting in favor of the vote, 20.98% voting to abstain, 0.33% voting no, and 13.20% voting no with veto. This means a new Terra chain will be created, and Luna will be airdropped across LUNA Classic stakers, holders, residual UST holders, and essential … Read more
The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts. Embezzlement Investigation and Asset Freeze The Seoul Metropolitan Police Agency’s Cybercrime Investigation Unit announced Monday that it has launched an … Read more
Terra LUNA’s price is up over 59% today, currently trading at $0.0001912, surpassing $1.2 billion in market capitalization. The recent price hike for LUNA is most likely due to Terra’s Founder, Do Kwon’s statements yesterday, responding to accusations and questions from the community, which put the market at ease. Let’s look at Terra LUNA and … Read more
After two days of silence, Do Kwon, the founder of Terra Luna, took to Twitter to respond to various questions and accusations from the community, discussing multiple issues regarding his proposal to fork the Luna network and clarifying his whereabouts. Terra Luna Revival Plan 2 Luna’s second proposed revival plan looks to fork the chain … Read more
