Tag: lunc

Jun 10 2022

Terra’s Do Kwon May Face Charges In The U.S. As Money Laundering Accusations Emerge

Terra CEO Do Kwon has been in hot water ever since the collapse of the network last month. After the UST lost its peg and the price of LUNA (Now LUNC) crashed below zero, there had been calls for investigations into the cause of the crash seeing that thousands of investors had lost billions of dollars. The most recent allegation against the CEO...

Jun 02 2022

Hindsight 20/20: The Winners Of The Terra (LUNA) Collapse

Jun 02 2022 Published at Bitcoinist.com under tags  luna luna crash luna holders lunc terra

The Terra (LUNA) collapse may be almost a month old at this point but its impacts remain fresh in the mind of investors. Millions of users on the decentralized finance (DeFi) network had lost billions of dollars when UST had suddenly lost its peg, triggering a rise in the supply of LUNA, which meant more losses spilling into those who held the native...

Luna2 drops 66% In 5 days: market players call out Dokwon

Jun 02 2022 Published at Coingape under tags  altcoin news luna luna 2.0 luna crash lunc

Twitter user Sassalox has taken to Twitter to ask Terra's founder Do Kwon, if it is time for...

May 26 2022

LUNA 2.0: A Great Comeback Story Or A Gambler’s Dream?

May 26 2022 Published at Bitcoinist.com under tags  luna luna 2.0 luna classic lunc terra

The LUNA crash has left countless investors holding bags of dust after its price dumped below zero. Since then, there have been various suggestions on how to salvage the situation such as splitting the network or making a new one entirely. The majority has landed on making a new blockchain that would give birth to LUNA 2.0, otherwise known as Terra Classic. But...

May 16 2022

Do Kwon proposes new governance protocol to save Terra blockchain

May 16 2022 Published at Coinscreed under tags  altcoin news hard fork lunc terra classic

Do Kwon, co-founder of Terra Luna cryptocurrency, unveiled a revised plan to repair the blockchain ecosystem following considerable market volatility and inherent protocol design problems that wiped out the blockchain's market cap. Terraform Labs will propose a new governance concept for the Terra Luna blockchain on May 18, according to Kwon (token name: LUNA). The […] The post...

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