Luna Classic starts to rise as holders believe it might be bottom

Terra Luna Classic (LUNC) started a bullish momentum four days after its testnet upgrade. The asset’s Twitter community believes that the current price point might be the bottom for LUNC. Despite the charges that the co-founder of Terraform Labs, Do…

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Here’s why Terra Luna Classic (LUNC) and USTC are suddenly rising

Terra Luna Classic (LUNC) has gained 44% today and over 110% over the past… The post Here’s why Terra Luna Classic (LUNC) and USTC are suddenly rising 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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LUNA and LUNC: A fight on the legal front, but what of the price front?

In light of regulatory actions following the collapse of Terra’s LUNA and its UST stablecoin, holders of these crypto-assets now seek compensation for their losses. On 13 June, a class-action lawThe post LUNA and LUNC: A fight on the legal front, but what of the price front? appeared first on AMBCrypto.

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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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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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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 […]

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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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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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ChangeNOW all set to support LUNA 2.0 and LUNC

Instant crypto exchange service ChangeNOW allows for swapping LUNA – the coin of the new Terra 2.0 blockchain, as well as LUNC, the old mainnet’s token. As UST and the original version of LUNA The post ChangeNOW all set to support LUNA 2.0 and LUNC appeared first on AMBCrypto.

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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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UK proposes legislation amendments to regulate stablecoin issuers

The collapse of TerraUSD (UST) and its sister token Luna Classic (LUNC) has created an urgency for governments across the globe to reign in the crypto market. The post UK proposes legislation amendments to regulate stablecoin issuers appeared first on CryptoSlate.

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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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Terra’s New LUNA Token Soars 50% Following Shaky Launch

Binance completed its LUNA airdrop for LUNC and USTC holders early Tuesday. Terras LUNA Rallies After a rocky launch weekend, Terras new LUNA token appears to be showing strength in...

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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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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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Terra Luna 2.0 – New Chain Launch Is Around The Corner

Terra Luna is gearing up for its new chain launch, forking the old blockchain into a new chain without the UST stablecoin. Multiple exchanges already announced their support for the new chain, and CoinMarketCap updated Terra Luna to LUNC and added a new tracker for Terra 2.

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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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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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Do Kwon outlines fork proposal as he seeks to save Terra

The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC),…

The post Do Kwon outlines fork proposal as he seeks to save Terra appeared first on Coin Journal.

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