The Terra Luna crash which happened last May caused many to lose their life savings and lose their faith in so-called stablecoins. Was this due to what started as a “speculative bet”? Do Kwon readily ...
Tag: Terra
CoinInn Burns 40M LUNC, Sets Goals for a 100M Token Burn With a New Terra Classic Wallet Initiative
– Advertisement – CoinInn has cumulatively burnt to 40M Terra Classic (LUNC) as it sets its eyes on a 100M burn threshold, promising a new Terra Wallet initiative. Due to the community’s...
Terra (LUNA) Price Surged by Over 20%
6 hours ago | 2 mins read Altcoin News Terra (LUNA) price increased by over 88% from its all-time low. LUNA surged by approximately 15% in 14 days. The native coin of the Terra ecosystem, Terra (LUNA)...
Terra Classic Core Developer Proposes To Run Both USTC Re-peg Proposals In Parallel
– Advertisement – Edward Kim proposes to run both USTC re-peg proposals in parallel. In a tweet on Tuesday, TerracVita, a subgroup of the Terra Rebels, shared a discord message where Ter...
Terra (LUNC) Price Surges 8% Post Terra Rebels Update
9 hours ago | 2 mins read Altcoin News The volunteer developer community now has its own Terra Rebels subReddit. Using this subReddit, members of the community may discuss and share their opinions. Th...
Terra Classic (LUNC) Price Soars 8% After Correction, Here’s Why
Terra Classic (LUNC) price jumped over 8% after a dump as Terra Rebels launches the official subReddit on Tuesday. The group behind the Terra Classic Revival Roadmap looks to engage the community to u...
Binance CEO Says Lesser Fees Would Lead To Greater Terra Classic (LUNC) Burns
– Advertisement – CZ believes the lower the fees, the greater the burn, and he has the numbers to back it up. In a recap of an AMA held three days ago shared by the Terra Rebels, Binance...
Here is Why Terra Classic USD (USTC) Rose-up by 40%
Terra Classic USD (USTC) rose Rapidly by 40% on October 10, 200 when a blockchain engineer filed a proposal to re-peg the stablecoin. Source: CoinMarketCap The above chart indicates one week of price ...
Terra Founder Do Kwon Is Still Cashing Out, But Not With Bitcoin
Terra founder Do Kwon has been under fire from authorities since the network crashed earlier in 2022. Kwon who has now been asked to turn in his passport or have it rendered invalid has said he is not...
Terra Classic (LUNC) Burn Rate Spike 176,084% In A Day As Total Burns Surpass 18 Billion
– Advertisement – Ongoing LUNC burns gain momentum. Binance’s involvement in the ongoing LUNC burn has continuously increased the number of Terra Luna Classic tokens destroyed. According t...
Terra USTC spikes 33% after talks of re-peg
De-pegged Terra Classic stablecoin, Terra UST (USTC), rose by over 30% after the emergence of a proposal by Terra classic core developer Tobias Andersen to re-peg the token. The proposal Andersen expl...
Terra Classic (LUNC) Notches 5% Spike In The Last 24 Hours
Terra Classic is showing some signs of life thanks to a system that is being implemented by leading cryptocurrency exchange platform, Binance. Binance burns another 3 billion LUNC, brings total of bur...
Neblio Becomes An Official Supporter Of Terra Classic (LUNC)
– Advertisement – The Terra Rebels will receive support from Neblio in its goal to rebuild the Terra Classic chain. In a tweet on Monday, the Terra Rebels, via its official Twitter account...
Terra Classic ($LUNC) Price Eyeing A 12% Discount, Buy This Dip?
Published 7 hours ago Earlier today, the Terra Classic coin price showcased a 4% jump in response to the recent burn activity from Binance burned around 3 billion Terra Classic (LUNC) tokens. Though t...
Terraform Labs CEO Allegedly Hoarding New Terra (LUNA) Coin
On-chain records suggest that Terraform Labs CEO and co-founder Do Kwon has been cashing out Terra (LUNA) to a Binance wallet while shilling the new coin on Twitter. According to assistant professor J...
Terra USTC Surges 37% in Hours as Trading Volume Spikes 1,319%, What’s Happening
The trading volume for TerraClassic USD, or USTC — the defunct stablecoin of the old Terra Chain — suddenly rose more than 1,300%, per CoinMarketCap data. The price of USTC also surged nearly 37%, lea...
Terra Classic USD (USTC) Stablecoin Soars 40% on Re-Peg Proposal
The field of algorithmic stablecoins has taken a massive hit after the infamous collapse of the entire Terra ecosystem (including UST). Following the crash, the community got split into two – those wh...
Can Terra Classic’s USTC Stablecoin Ever Reclaim $1?
Key Takeaways Terra developer Tobias Andersen submitted a proposal yesterday for the Terra Classic community to work on repegging USTC to $1. Andersen claims the repeg could be accomplished by attract...
Binance Burns Nearly 3 Billion Terra Classic ($LUNC) Tokens
The world’s largest crypto exchange Binance burned nearly 3 billion Terra Classic (LUNC) tokens worth nearly $1 million on October 10. With the latest burn of another massive amount of LUNC tokens, th...
Binance Burns 3 Billion Terra Classic In Second Round Of LUNC Trading Fee Burns
– Advertisement – Binance continues LUNC burn initiative, giving up trading fees. In a tweet by LUNC DAO, a Terra Luna Classic (LUNC) community validator moments ago, the validator discl...
Here’s When Terra Founder Do Kwon’s Passport Will Expire
Alex Dovbnya Terra founder Do Kwon’s passport will expire next week as the controversial entrepreneur continues to face mounting legal troubles According to a report published by South Korean me...
Terra Classic At Risk Of Major Correction! LUNC Price May Crash To This Level Next Week
LUNC is not showing investors the expected price level since its launch in May with a plan for Terra’s ecosystem revival. LUNC continues to bring bearish woes as it has lost nearly 20% of its value in...
Terra classic’s New Re-Peg Proposal, USTC Spike Double
The Terra’s new chain Terra Classic (LUNC) developers are striving to regain the lost trust with their everyday new updates. Though the ride has been a difficult one since the crash of Terra (LUNA) in...
Terra Classic USD (USTC) Spikes In Response To New Re-Peg Proposal By LUNC Core Developer
– Advertisement – Following Zaradar’s USTC re-peg proposal, USTC has seen double-digit percentage gains. TerraClassicUSD (USTC) has surged in the last 24 hours following the release of the...
Terra Founder Do Kwon To be Deported After Passport Invalidation
Earlier this month, the South Korean prosecutors announced that if Terra founder Do Kwon failed to show up they would be invalidating their passport. The deadline for the same has been set to October ...
Terra Co-Founder Do Kwon Maintains He’s Not Hiding Following Interpol Red Notice ⋆ ZyCrypto
Advertisement     Do Kwon, co-founder of the Terra blockchain, has stated that contrary to what recent reports suggest, he is not on the run or hiding from law enforce...
Legal Battles Are Preventing Crypto Payouts to UST Holders – Terra Backers
LUNA Price at the time of writing – $2.51 No timeline established for the resolution The Luna Foundation Guard (LFG) explains why it has not reimbursed small TerraUSD (UST) holders for their losses. A...
How Much Will Terra Luna Classic Cost in the Future?
Join Our Telegram channel to stay up to date on breaking news coverage According to recent sources, Binance, the largest cryptocurrency exchange in the world, has implemented a new burn mechanism for ...
Terra LUNA Classic [LUNC] Price Prediction 2025-2030: Why a $5 target for LUNC makes sense
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The native cryptocurrency of the ...
Terra (LUNA) Price Prediction 2025-2030: Altcoin may have $50 in its sights if…
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The Terra USD stablecoin and the...
Terra (LUNA) Price Poised To Drop Nearly 15% This Week ! Here’s How Low it Can Go
This year has been the worst for Terra’s LUNA as it continues to be more bearish each day. Earlier this week, LUNA was thrown out of the top 100 cryptocurrencies by market cap and is currently ranked ...
Terra Backer Says Legal Battles Are Preventing Crypto Payouts to UST Holders
The Luna Foundation Guard (LFG) is explaining why it hasn’t paid back small holders of its collapsed stablecoin coin TerraUSD (UST). The LFG, a non-profit organization built to support the Terra (LUNA...