Tag Archives: LUNA

As per Yonhap’s report, Shin claimed that he had cooperated with the investigation. He is also being charged with the violation of the Electronic Financial Transaction Act. After months of back and forth with Terra poster boy Do Kwon, prosecutors in South Korea have now turned their attention to the other culprits responsible for theContinue reading “South Korean prosecutors out to arrest Terraform Labs’ co-founder Daniel Shin”

LUNA and LUNC stood at the center of a new discussion around a proposed ‘Merge Protocol’  LUNA and LUNC both registered some upticks in the last 24 hours   Terra [LUNA] was among the trending topics on Twitter as of 28 November and could be considered as a topic of discussion in the crypto community. ThisContinue reading “LUNA and LUNC holders could witness some testing times in light of this new…”

According to local reports, Terraform Labs Co-founder Daniel Shin has claimed that he did not sell LUNA at its peak, before the token’s price collapsed. Shin reportedly held a considerable number of LUNA during the ecosystem’s collapse in May. The Co-founder, who is also known as Shin Hyun-Seung, claimed to have sold over 70% ofContinue reading “What Terra Co-founder Daniel Shin said about $100M LUNA cashout”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra’s LUNA fell back into its bearish shackles after reversing from its trendline resistance. The crypto’s Social Dominance marked a declining trend while diverging with the price action.  Terra’s May 2022 meltdown pulled its price toContinue reading “How LUNA buyers can deploy this shorting strategy to hedge their risks”

A new ecosystem expansion strategy was revealed by the Terra ecosystem governance team, which was made up of LUNA and LUNC. This strategy was the team’s attempts to restore the Terra ecosystem after the tragic event of its crash. Recall that the Terra debacle rocked the crypto space and wiped out billions of dollars, makingContinue reading “Can LUNA, LUNC holders afford to dream of a rally owing to these updates”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra’s recovery efforts by the team and its community over the last month rekindled positive investor sentiment, especially during the start of this month. These improvements aided its native token LUNA to record an overContinue reading “How Terra [LUNA] buyers can leverage this strategy to optimize their returns “

A piece of proposed legislation in the House of Representatives would put a two-year moratorium on creating algorithmic stablecoins. According to Bloomberg’s latest version of the legislation, it would be illegal to create or issue new “endogenously collateralized stablecoins.”  With the cat out of the bag, how are the two infamous stablecoins holding up? Let’sContinue reading “LUNA, LUNC investors may experience some distress due to this update”

According to a report, an arrest warrant has been issued by a court in South Korea against the founder of Terraform Labs, Do Kwon, and five others. The report in question went on to say that the allegations against Do Kwon include violations of the country’s capital markets laws, among others. South Korean authorities believeContinue reading “LUNA investors may be panicking right now thanks to this Do Kwon update”

Terra LUNA founder Do Kwon could be facing the heat despite acting like the South Korean arrest warrant was not his concern. In a new turn of events, things seemed to be working against Kwon after a Bloomberg report showed that he was facing challenges in far-away Singapore.  According to the report, Kwon was strugglingContinue reading “LUNA’s 8% surge may be noteworthy but a trip down south may be on the cards”

The entire crypto community was carefully watching the event of Terra Classic [LUNC]’s unprecedented surge over the last few weeks. Several developments happened in the Terra ecosystem that have the potential to change its fate for good. For instance, with the recent arrest warrant for Terra’s co-founder Do Kwon, another interesting piece of news surfaced.Continue reading “Terra: In an interesting turn of events, LUNA walks ahead of LUNC”

Due to the South Korean government’s request for his arrest, Do Kwon, the founder of Terraform Labs, is in grave danger. The cryptocurrency market lost $40 billion as a result of Terra’s stablecoin USTC and Terra Classic LUNC collapsing. The prosecutor’s office reported that Do Kwon and five other people were the subjects of aContinue reading “Is South Korea getting ready to arrest Do Kwon- Decoding details”

Terra Classic [LUNC] has been surging on an almost ridiculous bullish activity in the past weeks. It was trading among the top 30 cryptocurrencies by market cap according to CoinMarketCap. At press time, it was available at $0.00037 after a late surge today (13 September) diminished its daily losses to just 4%. The token hasContinue reading “Is Terra Classic [LUNC] leading the meme race? Answer might shock you”