LUNA News
Terra Community To Burn 1B UST In Order To Restore UST Dollar Peg
The Terra community has just passed a governance vote to burn 1.388 billion UST tokens from the project’s community pool ...
Terra 2.0 Will Go Live on May 28th, 2022 at Around 06:00 AM UTC
On May 27, LUNA 2.0 was scheduled to be distributed through a public airdrop. There has been an announcement from ...
Is Mirror Protocol a Farce?
According to a Terra analyst, the synthetic asset trading protocol, ‘Mirror Protocol’, is a scam set up by Do Kwon ...
These Exchanges Will Support the Migration and Airdrop for Luna and UST
There will be a migration and airdrop for LUNA and UST to help the community, and many exchanges will support ...
Terra 2 Mainnet Goes Live On May 27th, Here’s What You Need To Know
Terra validator, Orbital Command, revealed a plan of action to revive the totaled Terra ecosystem by launching a brand new ...
Terra’s Proposal 1299 Approved but Not Executed Due to Technical Problems
There was a 95% Yes vote on the proposal 1299 to (re)enable IBC over the weekend in the Terra ecosystem, ...
5 Major Trades Called For An Emergency Meeting Due To What Happened With Terra And UST
The Luna incident is to be investigated by a convocation of five CEOs from Korean exchanges, including Dang Jeong and ...
Do Kwon Answers Various Questions Through Twitter
Do Kwon, known as the master of stablecoin Luna and the co-founder of Terraform Labs, answered some questions and criticism ...
SEC Chairman Says Other Coins Will Do The Same As Terra
Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), predicts more turmoil in the crypto market.
Terraform Labs CEO Do Kwon Could Be Charged With Ponzi Fraud
In a recent development, it has been established that the prosecutors could move to bring Ponzi fraud charges against the ...
News about LUNA (LUNC)
Terra (LUNA) was a cryptocurrency developed by Do Kwon and his company Terra Labs. With this, they intended to create an ecosystem for DeFi applications powered by LUNA and its algorithmic stablecoin UST.
However, in May 2022, LUNA lost 99.99% of its value when UST decoupled from the value of the dollar, losing investor confidence and being accused of being a fraud. In fact, Do Kwon currently has an international arrest warrant and is wanted by authorities.
LUNA was renamed LUNC (LUNA Classic) in an attempt to revive the project, although it was never able to return to its former glory.
In this section, you will find all the news about LUNA and LUNC, which still has many investors who support it.
