LUNA News

Terra 2.0 Will go live on May 28th, 2022 at around 06:00 AM UTC

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?

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

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 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

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

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 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

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

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 ...

Avalanche Founder Says What Happened to Terra Could Be Equated to What Happened to MT.Gox

Avalanche Founder Says What Happened to Terra Could Be Equated to What Happened to MT.Gox

The cryptocurrency market witnessed a collapse of Terra LUNA and UST tokens in a short period of time. This crash ...

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.