Will LUNC recover as Terra Classic burn and staking accelerates

Terra Luna Classic price remained under pressure this week, in line with the performance of Bitcoin and other altcoins. Terra Luna Classic (LUNC) dropped to the key support level of $0.00010, its lowest point since Dec. 20 last year. It…

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Terra Classic’s LUNC: Analysts Spot ‘MAJOR STRENGTH,’ Governance Upheaval Unfolds

The Terra Classic community is filled with excitement as analysts and insiders share insights into the potential trajectory of LUNC, the native token of the Terra Classic blockchain. At the same time, changes to the governance framework within the community have sparked significant interest.

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Terra Classic turns bullish: Will its gains sustain?

Terra Classic's new update will bring in new features. LUNC was up by 2% in the last 24 hours, but market indicators remained bearish.  Terra Classic [LUNC] is all set to push its latest neThe post Terra Classic turns bullish: Will its gains sustain? appeared first on AMBCrypto.

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Binance Reduces Terra Classic (LUNC) Supply By Another 1.14 Billion

Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1. 14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin and spot trading pairs in July.

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Learn How Avorak AI Transforms Lives and Brings Generational Wealth to Terra Luna Classic Holders

The Terra Classic Network was bubbling with a fierce streak, but since then, it has gone under the market’s radar. It is failing to gain momentum while being characterized by a declining user base and value.

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Обновление сети Terra Classic 2.0.1 сулит LUNC мощное ценовое ралли

Заявление крупнейшей криптобиржи Binance о поддержке обновления сети Terra Classic (LUNC) до версии 2. 0. 1 взволновало сообщество монеты. Несомненно, это положительный момент для криптопроекта, считает эксперт по торговле криптовалютой Джавон Маркс.

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Разработчик Terra Classic предложил возместить утраченные токены LUNC

Разработчик Terra Classic Эдвард Ким выступил с ещё одним предложением для сообщества. Оно направлено на возмещение потерянных комиссий в период с 21 по 28 сентября прошлого года, после того как в блокчейне Terra Classic был активирован налог на сжигание в размере 1,2%.

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Terra Classic (LUNC): Understand What’s Behind Altcoin’s 21% Increase

Check out how Terra Classic is managing to climb with market down

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Why is Terra Classic price up today?

Terra Classic price has hit a daily high of $0. 0001919 and it still has a bullish stance. At press time, LUNC was trading at $0. 0001819; up 11. 75% in the past 24 hours. KEY TAKEAWAYS The Terra Classic community aims to burn large amounts of LUNC tokens to reduce its circulating supply and revive its price.

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Developer Proposes a $68,000 Terra Classic Core Grants Program

Terra Classic core developer Edward Kim today disclosed a plan to start a $68,000 Terra Classic grants program.

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Here’s why Terra Classic price has soared by 250% in September

The hype around Terra Classic’s staking service and new token-burning feature is helping fuel the LUNC rally.

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Terra Classic's 1.2% tax burn supports bullish outlook but here's an issue

Terra Classic [LUNC] had quite an exciting time in the last few days as it approached a major milestone implementation. Ever since the May crash, the community has expressed concerns over the excess LThe post Terra Classic's 1.

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Terra Classic spiked 17.63% in last 24-hour; reason might comfort you

Terra Classic [LUNC] HODLers woke up to a pleasant surprise on the morning of 27 June when the infamous hacker activist group known as 'Anonymous' announced that they are looking into Do Kwon’s crimThe post Terra Classic spiked 17.

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Highlights June 27: Terra Classic USD is pumping, Dogecoin adds 11%

The crypto market as a whole is mixed with most top 100 coins relatively… The post Highlights June 27: Terra Classic USD is pumping, Dogecoin adds 11% appeared first on CoinJournal.

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Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

The recent cataclysmic crash of the Terra Classic (LUNC; formerly LUNA) left several people bankrupt. South Korean officials reported 8 confirmed suicides due to this blow. Stablecoins emerged as a way for cryptocurrency investors to park their funds to escape from volatility.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Shady WLUNA Contract Bridge Spells Trouble for the Terra Luna Community

Wrapped Luna Classic (WLUNA) is an Ethereum token designed to represent Terra (LUNA) on the blockchain. It’s not LUNA but a distinct ERC-20 token created to track the value of LUNA. Wrapped Luna Classic was intended to allow LUNA holders to trade, hold, and engage in Ethereum-based decentralized finance (DeFi) dApps.

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Terraform Labs Caused Collapse Of Its Stablecoin UST? This Report Says So

The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to the attack that led to UST losing its peg to the U.

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Crypto Community Reacts To News That Kwon Silently Cashed Out $80 Million Monthly Before Terra Implosion

In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was withdrawing $80 million worth of LUNA (now called Luna Classic) and TerraUSD every month in the lead-up to the collapse of the Terra ecosystem in May.

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Terra’s Luna, Luna Classic Tokens See Volatile Trading Amid New Developments

Futures tracking the two tokens racked up nearly $18 million in liquidations over the past day in a higher-than-usual move.

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LUNA2 Going Downhill As SEC Investigates Potential Securities Violations By Terra

In particular, the securities watchdog is examining Terra’s DeFi project, Mirror Protocol. On Mirror, users were able to trade synthetic versions of real stocks and cryptocurrencies. But a significant price discrepancy between LUNA Classic and the new LUNA token enabled multiple exploits, in which the attacker reportedly drained millions of dollars from Mirror Protocol.

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LUNC: Decoding what growth in number of unique addresses could mean for investors

As people continue to run from Terra’s Luna Classic token [LUNC] and its accompanying stablecoin, UST, recent data from CoinMarketCap showed that even more people are running towards it. FollowinThe post LUNC: Decoding what growth in number of unique addresses could mean for investors appeared first on AMBCrypto.

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These Indicators show LUNA could grow 4x in the near term

When Terra rebranded into Terra Classic, there was a bit of fun fare. But…

The post These Indicators show LUNA could grow 4x in the near term appeared first on CoinJournal.

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Валидаторы Terraform Labs: LUNA Classic не имеет будущего

Группа валидаторов LUNA рассказала, что генеральный директор Terraform Labs До Квон был наименее вовлечён в общение в чате, созданном перед запуском новой сети Terra 2. 0. Основываясь на журналах чата, валидаторы ThorchainMaximalist и PFC заявили, что в процессе преодоления кризиса Terra возникли серьёзные проблемы, из-за которых те потеряли большую часть своего капитала.

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Криптобиржа Binance потеряла на инвестициях в Terra Classic $1,6 млрд

Криптовалютная биржа Binance потеряла $1,6 млрд на инвестициях в цифровой актив Terra Classic (LUNC), стоимость которого рухнула в начале мая. Мы вложили $3 млн в Terra через Binance Labs в 2018-м.

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Торги токеном LUNA 2.0 превысили $2 млрд в мае

Разработчики печально прославившегося в мае проекта Terra попытались реанимировать свое детище с помощью форка и запуска абсолютно нового блокчейна. Соответственно, вместо прежнего токена экосистемы на рынке появились сразу два отдельных коина – Terra Classic (LUNC), представляющий старый блокчейн, и LUNA – для новой версии Terra 2.

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Terra 2.0 (LUNA) Price Trades Sideways, Terra Classic Continues to Lose Value

With Bitcoin facing bearish momentum once again, falling below the $30k level, Terra 2. 0 (LUNA) continues to trade sideways at the $6 level, and Terra Classic (LUNC) loses yet another zero, currently trading at $0.

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LUNA 2.0 Trading Volume Surpassed $2 Billion in May

LUNA 2.0 saw huge investor interest in May after the revival of the Terra project, which saw the old digital currency and its network rebranded to Terra Classic (LUNC). The post LUNA 2.0 Trading Volume Surpassed $2 Billion in May appeared first on BeInCrypto.

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Tim Frost believes LUNA pump shows fighting spirit of investors

The original Terra Chain has been renamed Terra Classic (LUNC), and Terra has been relaunched as Terra 2. 0 (LUNA). This happened after developers behind the defunct stablecoin TerraUSD decided last week to abandon the token to develop a new blockchain and digital asset.

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LUNA2 Records Losses as Market Rebounds, Investors Lost Faith?

A couple of days after its launch, the new LUNA or LUNA2 token from the Terra network continues to experience high volatility levels. The cryptocurrency was deployed as a result of the collapse of the old LUNA or LUNA Classic which lost almost 99% of its value in a little over a week.

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Terra confirms that some users received less LUNA than expected from the airdrop and is working on a solution

Developers behind the Terra Classic (LUNC) – formerly Terra – cryptocurrency and TerraClassic USD (USTC) – formerly TerraUSD (UST) – stablecoin launched Terra 2 (LUNA) in an attempt to move forward from the catastrophic crash that hit both of their tokens, losing investors millions in the process.

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What Cardano’s Hoskinson Said About Terra: In The End Slow Wins

Inventor of Cardano and Input-Output Global (IOG) CEO, Charles Hoskinson, gave his opinion on the recent events related to the crash in the Terra Classic network, formally known as Terra. A collapse in the price of its native token LUNA caused the algorithmic stablecoin UST to deppeged from the U.

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Terra Classic (LUNC) vs. Luna 2.0 (LUNA)

A  few weeks ago, Terra (UST-USD), the third-largest stablecoin in the crypto market, was delisted from the US dollar and crashed along with its reserve asset, Luna (LUNA1-USD). This is after experiencing a massive sell-off of over 99% of its value, resulting in Investors losing all their funds and life savings as in the case […] The post Terra Classic (LUNC) vs. Luna 2.0 (LUNA) appeared first on NullTX.

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Хакер вывел $90 млн из протокола Mirror. Это обнаружили спустя семь месяцев

Работающий на базе Terra DeFi-протокол Mirror стал жертвой эксплойта на сумму более $90 млн. Его обнаружил аналитик FatMan, а подтвердили специалисты фирмы по кибербезопасности BlockSec. As pointed out by many followers (thanks very much), the attack transaction can be viewed on the ‘classic’ chain(https://t.

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Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit

An error on the pricing oracle software for Terra Classic validators opened the door for an exploiter to drain four synthetic asset pools from the Mirror Protocol.

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$90M DeFi Hack Discovered Seven Months After the Fact

Mirror Protocol suffered a $90 million exploit last October, but it went unnoticed for seven months. Seven Months Mirror Protocol was hacked for almost $90 million on Terra Classic on...

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Terraform employees under probe for UST collapse in South Korea

In the quest for answers pertaining to the collapse of the Terra ecosystem earlier this month, South Korean authorities are now summoning all employees of Terraform Labs, which developed Luna Classic (LUNC) and TerraUSD (UST).

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Terra Classic (LUNC) Pumps 74%, LUNA 2.0 up 11%, Will the Price Continue to Rise?

Cryptocurrency markets are showing bullish momentum this Memorial Day, as Bitcoin and Ethereum are up 3. 6%, holding their current support levels of $30k and $1. 8k. Surprisingly, both LUNC and LUNA show significant price growth, with the Terra Classic token up over 74% and LUNA 2.

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Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop

The month of May was dominated by news of LUNA’s crash. This came after… The post Terra Classic (LUNC) crashes by nearly 80% barely hours after its airdrop appeared first on CoinJournal.

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Terra Luna 2.0 Continues to Trade Sideways, LUNC Loses Another Zero

Terra Luna 2. 0 went live on exchanges last night, and traders have mixed feelings regarding LUNC and LUNA. Some remain hopeful that LUNA 2. 0 will reach prices as high as $50, while others are on Terra Classic’s side, encouraging users and exchanges to burn the token to reduce the enormous supply of the cryptocurrency.

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План по восстановлению Luna столкнется с трудностями: отчет Huobi

После отвязки Luna и краха стейблкоина UST на прошлой неделе соучредитель Terra До Квон представил предложение с его видением «пути вперед» - плана по возрождения блокчейна Terra. Предложение предусматривает форкинг цепи Terra в новую цепь без алгоритмического стейблкоина, при этом старая цепь будет называться Terra Classic (токен Luna Classic - LUNC), а новая цепь Terra (токен Luna - LUNA).

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Российские пользователи Binance могут быть исключены из эйрдропа Terra 2.0 LUNA

Криптовалютная биржа Binance сообщила о поддержке ребрендинга сети Terra в сеть Terra Classic и программы эйрдропа Terra 2.0 LUNA, однако российские пользователи биржи могут быть из него исключены.

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CoinMarketCap Updates LUNA to Terra Classic in Anticipation of New Chain

After the UST depegging earlier this month, which caused LUNA to drop over 99% in price, the community behind the token passed a revival plan proposal that will fork the old chain, creating a new token and blockchain without the stablecoin.

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Terra 2.0: Создатель TerraUSD предложил план перезапуска сети

Руководство Terraform Labs собирается отказаться от алгоритмического стейблкоина TerraUSD и создать новый блокчейн, переименовав действующую сеть в Luna Classic (LUNC).

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Terra Luna 2.0 Proposal Passed, Do Kwon Disputes Rumors

The Terra Luna 2. 0 Revival Plan has officially passed with over 65% voting in favor of the vote, 20. 98% voting to abstain, 0. 33% voting no, and 13. 20% voting no with veto. This means a new Terra chain will be created, and Luna will be airdropped across LUNA Classic stakers, holders, residual UST holders, and essential […] The post Terra Luna 2.

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Do Kwon’s Luna revival plan passes with just 65% of votes

The proposal to create a new genesis chain for Terra LUNA has passed with just 65% of voters voting “yes,” 20% “abstain,” and 13% “no with a veto. ” Therefore, on May 27, a new LUNA-only blockchain will be launched at block 0, and the current LUNA token will be renamed Luna Classic.

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Exchanges show initial support to Terra revival by listing new LUNA token

HitBTC plans to list Terra's brand new token LUNA on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0.

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Terra Luna Revival Plan 2 – Renaming the Network to Terra Classic and LUNA Classic

After an uncertain last week and with LUNA’s price dropping below 1 cent, Do Kwon, the founder of Terra Luna, announced a new revival plan on Twitter. A new governance proposal #1623 suggests renaming the existing network to Terra Classic, renaming LUNA to LUNA Classic, and birthing a new blockchain.

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Terra ecosystem to vote on a fork to create Luna Classic and Luna Core

Luna Foundation Guard CEO, Do Kwon, has released a new proposal entitled “Terra Ecosystem Revival Plan 2. ” In it, he has outlined an updated version of his original plan, which described forking the current Terra blockchain from a snapshot taken before the ‘attack.

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