LUNA News

Terraform Labs To Cough Up $78M Penalty For Tax Evasion

Terraform Labs To Cough Up $78M Penalty For Tax Evasion

Terraform Labs, the makers of Terra (LUNA) and TerraUSD (UST), is under investigation by South Korea’s National Tax Service on ...

Mike Novogratz Speaks After What Happened With Terra (LUNA)

Mike Novogratz Speaks After What Happened With Terra (LUNA)

Mike Novogratz, the founder and CEO of Galaxy Digital, published a letter to his company’s shareholders mainly talking about Luna ...

Terra Builder Alliance Shares A Proposal For The New Terra Chain 2.0

Terra Builder Alliance Shares A Proposal For The New Terra Chain 2.0.

Terra is undergoing some challenging times since both of its tokens, LUNA and UST crashed pretty hard. However, since its ...

The United States CRS and the South Korean Political Affairs Commission Want to Clarify What Happened to Terra and UST

The United States CRS and the South Korean Political Affairs Commission Want to Clarify What Happened to Terra and UST

According to a report by the Congressional Research Service in the United States and the Political Affairs Committee of South ...

Luna Foundation Guard Talks About the Status of Their Reserves

Luna Foundation Guard Talks About the Status of Their Reserves and How to Compensate for the Losses of Users

Over the past ten days, Terra has remained in the headlines for all the wrong reasons. The crashing of LUNA ...

Vitalik Buterin, Justin Sun and CZ Supports Proposal to Prioritize Small UST Wallets to Compensate for Losses

Vitalik Buterin, Justin Sun, and CZ Support Proposal to Prioritize Small UST Wallets to Compensate for Losses

Twitter user @PerisnCapital, suggested an improvement to the state of the UST coin. The proposal has the backing of many ...

Terra (LUNA) Crash Wrecks Havoc In The Crypto Industry

Terra (LUNA) Crash Wrecks Havoc In The Crypto Industry

In 72 frantic hours, the cryptocurrency Terra (LUNA) and its associated stablecoin TerraUSD (UST) fell more than 99 per cent ...

Asset Manager GAM Holding AG Negotiates with Terraform Labs to Back UST

Asset Manager GAM Holding AG Negotiates with Terraform Labs to Back UST

The global leader in asset management, GAM Holding AG, is pleased to announce that it has entered into negotiations with ...

Terra Founder's UST Rescue Plan Fails To Stop LUNA's Death Spiral

Terra Founder’s UST Rescue Plan Fails To Stop LUNA’s Death Spiral

Terra (LUNA) mayhem continues amid Terra USD ‘de-pegging’ debacle with LUNA plunging into the abyss depreciating more than 96 per ...

Terra (LUNA) Drops Another 90% to Below $3

Terra (LUNA) Drops Another 90% to Below $3

Terra (LUNA), plunged more than 90 per cent in the last 24 hours amid a global cryptocurrency market crash. Terra ...

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.