Terra (LUNA) Wants to Build Back Collapsed Ecosystem with This New Proposal: Details

New proposal outlining new ecosystem expansion program is out

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Terra developers propose revised 95M LUNA ecosystem funding program

It is an update to the original 100 million ecosystem funding proposal, which Terra developers say did not fit the community’s needs.

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LUNC, USTC & LUNA May Rally on This Do Kwon Surprise: Details

Surprising Do Kwon appearance may lead to high volatility in all Terra ecosystem cryptocurrencies

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Luna Foundation blames litigations for non-distribution of assets to Terra holders

Luna Foundation Guard (LFG) tweeted October 7 that its effort to distribute the remaining assets of the failed Terra ecosystem to the token holders has been frozen due to ongoing litigations. The post Luna Foundation blames litigations for non-distribution of assets to Terra holders appeared first on CryptoSlate.

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Luna Classic Soars By 60% Amid The Whirl Storm Around Do Kwon

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South Korea Moves to Freeze $67 Million Worth Of Bitcoin Linked to Terra’s Do Kwon, Luna Foundation

Prosecutors in South Korea have made moves to freeze about $67 million worth of Bitcoin linked to the co-founder of the collapsed Terra blockchain, Do Kwon, and the non-profit created to maintain the ecosystem, the Luna Foundation Guard (LFG).

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Terra: In an interesting turn of events, LUNA walks ahead of LUNC

The entire crypto community was carefully watching the event of Terra Classic [LUNC]’s unprecedented surge over the last few weeks. Several developments happened in the Terra ecosystem that have theThe post Terra: In an interesting turn of events, LUNA walks ahead of LUNC appeared first on AMBCrypto.

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The original token of the Terra Ecosystem LUNC is gaining momentum, how far can it climb?

Terra Luna Classic (LUNC/USD) is essentially the original token of the Terra Ecosystem, that originally featured the ticker symbol known as “LUNA” but was over time changed to LUNC (Luna Classic) due to the fact that there was a launch of the new Terra chain.

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Stablecoin wars heat up as USDC and USDT battle for market share

Since the Terra Luna crisis earlier this year, there has been a shake-up in the stablecoin ecosystem. The post Stablecoin wars heat up as USDC and USDT battle for market share appeared first on CryptoSlate.

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Top 4 Terra Ecosystem Tokens by Market Capitalization

The Terra Ecosystem has not stopped growing despite all the setbacks it experienced this year with the crash of Terra Luna. Terra Ecosystem still has a growing total market capitalization of $1,043,511,527 and a growing trading volume of around $229,098,842.

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Celsius may be market's Achilles heel, but why then did CEL rally by 100%

As the cryptocurrency ecosystem gradually recovers from the impact of the collapse of Do Kwon’s LUNA and his UST stablecoin, the suspension of withdrawals, swaps, and transfers between accounts on CThe post Celsius may be market's Achilles heel, but why then did CEL rally by 100% appeared first on AMBCrypto.

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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 crash caused by Celsius Network: what it all means, a Deep Dive

Oh, dear. It feels like only yesterday I was writing a deep dive on the Luna/UST death spiral which sent the cryptocurrency markets into meltdown – Bitcoin tumbling from $40,000 to $30,000 and an entire ecosystem vanishing.

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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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Top 4 Decentralized Wallets to Integrate Terra 2.0 (LUNA)

It’s undeniable that the Terra 2. 0 ecosystem is expanding daily with support and integration from DApps, NFTs, and Marketplaces. This shows that a strong community is backing the Terra v2.

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5 NFT Projects and Marketplaces Committed to the Terra 2.0 (LUNA) Ecosystem

Many projects have been launched within the ecosystem despite the negative energy and uncertainties around the New Terra 2. 0 launch. Even some Digital Asset Managers such as Hex Trust, Nebula, and CyberDeck have also shown their support for rebuilding the new Terra ecosystem.

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Investors Keep Losing Money As Terra Revival Plan Fails

Ever since Terra Luna’s founder, Do Kown, unveiled a new “Terra Ecosystem Revival Plan 2” that’s supposed to bring back the glory days of Terra Luna, the asset, however, has been a free fall ever since.

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LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private

Two weeks after Terra’s ecosystem restarted through LUNA 2 airdrop, the coin has seen its value plummet to new lows after its price dropped by 77%. The post LUNA 2.0 falls by 77% in 14 days as Do Kwon takes Twitter account private appeared first on CryptoSlate.

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ARK: Now Decoupled From Terra, “Bitcoin’s Selling Pressure Should Subside”

The Terra / Luna / UST collapse keeps on generating headlines. This time, we’ll use the data in ARK’s “The Bitcoin Monthly” report to establish its impact on the bitcoin ecosystem. Remember that the non-profit organization LFG, AKA the Luna Foundation Guard, accumulated BTC to defend UST’s peg to the dollar.

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Luna governance in disarray as Do Kwon jokes about Terra ecosystem

The Dark Knight of Terra is back, and this time FatManTerra has some of the most reprehensible examples of an ecosystem in freefall ever seen in crypto. The post Luna governance in disarray as Do Kwon jokes about Terra ecosystem appeared first on CryptoSlate.

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What Terra’s Collapse Brought For Stablecoins In Japan, New Law Passed

The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leaving investors with billions in losses.

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How The Mirror Protocol Was Attacked And No One Turned Up To Rescue It

Once one of the most popular protocols on the Terra ecosystem, the Mirror Protocol might be seeing its final moments. Per a report from a pseudonym user, know as Fatman on Twitter, the platform has been under attack for the past day with losses amounting to millions of dollars.

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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's new revival plan and LUNA - All going as expected?

Since the re-launch of the Terra ecosystem via Terra 2. 0 on 28 May, the price of Terra (LUNA) has dropped by almost 70%. In the first 30 minutes of trade, the price skyrocketed from $0. 30 to $20.

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Binance Airdrop This Week Could Cause a Bigger LUNA 2 Price Dump

The rebirth of Terraform Labs’ ecosystem and cryptocurrency has not quite gone to plan and there could be more pain ahead for recipients of the LUNA airdrop that plan to hold. The post Binance Airdrop This Week Could Cause a Bigger LUNA 2 Price Dump appeared first on BeInCrypto.

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Dogecoin co-founder calls LUNA 2.0 believers ‘truly dumb’

Dogecoin co-founder Billy Markus slammed Terra’s attempt to relaunch LUNA, calling those who buy into it “truly dumb. ” The Terra ecosystem implosion has dominated headlines the past few weeks.

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New Terra Blockchain Launch Expected Saturday, With LUNA Airdrop to Follow

The move is part of a broader plan to help revive the Terra ecosystem and its related tokens.

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Luna 2.0: Scammers Simulate Airdrop to Lure Victims

Luna 2. 0: A real airdrop of the cryptocurrency will be made today. But criminals are taking advantage of the imminent release to create fake airdrops of the new cryptocurrency of the Terra ecosystem.

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Terra 2.0 proposal gets the crypto community's nod of approval but that's not all

Pretty much the entire crypto community is well-aware of the Terra (LUNA) fiasco. Overall, investors lost more than $400 million as the Terra ecosystem hit rock bottom. But what about a recovery plan?The post Terra 2.

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Crypto Developers Signal Commitment To Help Terra (LUNA) Rise From The Ashes

Talks of the Terra network's demise have been greatly magnified. At least, that is what the LUNAtics will want to believe as multiple developers pledge to do their part to help the ecosystem on its journey to regaining its feet.

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Do Kwon’s Proposal For Terra Relaunch Gets Approved, Now What?

After the de-pegging fiasco occurred on the Terra ecosystem amid the recent bloodbath, Do Kwon, founder of the crypto project, proposed the Luna ‘Revival Plan 2’ a week ago to prevent a total collapse.

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Is Terra LUNA 2.0 a good long-term investment?

The Terra ecosystem is gearing for a relaunch after this month’s spectacular collapse that… The post Is Terra LUNA 2.0 a good long-term investment? appeared first on CoinJournal.

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Do Kwon Sheds Light On LUNA’s Implosion As Terra 2.0 Ecosystem Revival Plan Gains Momentum

Amid the uproar caused by TerraUSD (UST) de-pegging, the project’s co-founder Do Kwon appears to have nerves of steel as he remains unfazed by all the chaos.

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South Korea to tighten scrutiny of exchanges after Terra LUNA collapse

The collapse of the Terra ecosystem has sent shockwaves across the crypto ecosystem, dragging down the entire market. The post South Korea to tighten scrutiny of exchanges after Terra LUNA collapse appeared first on CryptoSlate.

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Delphi: LUNA/UST Disaster ‘Most Catastrophic Event’ in Crypto Since Mt. Gox

Delphi has delivered its verdict on the de-pegging of Terra’s UST and its conclusions are damning, comparing the ecosystem's nose dive to the 2013 collapse of the notorious Mt. Gox exchange. The post Delphi: LUNA/UST Disaster ‘Most Catastrophic Event’ in Crypto Since Mt. Gox appeared first on BeInCrypto.

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It’s Not Just LUNA. Terra’s DeFi Apps Have Hemorrhaged $28B

Investors have largely risked off from the Terra ecosystem amid long-term concerns. But some remain upbeat about future growth.

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LUNA holders may veto the live vote to fork the Terra network

The TerraBuilderAlliance, Do Kwon, and others in the community have agreed upon a proposal to fork Terra Luna to attempt to salvage the Terra ecosystem. The post LUNA holders may veto the live vote to fork the Terra network appeared first on CryptoSlate.

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Terra – A ‘Pyramid Scheme’ – Threatens The Crypto Ecosystem, Billionaire Says

The cryptocurrency industry is currently digesting the rise and fall of Singapore-based Terraform Labs’ network token Terra (LUNA) and stablecoin TerraUSD (UST). Following the unexpected collapse of almost $45 billion in market value over the course of a week, much has been made about the project’s architecture, namely its supposedly defective algorithm, which was led […]

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Terra's Do Kwon Announces LUNA Rescue Plan

Terra founder Do Kwon has announced community voting has started on a rescue proposal for the Terra ecosystem

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CZ on Terra LUNA collapse: ‘This is what diamond hands looks like’

In the wake of the Terra ecosystem implosion, Binance boss ChangPeng Zhao (CZ) commented, “this is what diamond hands look like,” about the 15,000,000 LUNA tokens Binance had received as part of the company’s $3 million investment in Terra.

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Do Kwon Not Giving Up On LUNA Just Yet, Plans Radical Shift To Keep The Terra Ecosystem Alive

After the horrific events of the last week following TerraUSD’s (UST) de-pegging from the US dollar, Terra’s founder is not giving up on the project.

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Luna Foundation Reveals it Sold 80K Bitcoin in ‘Last Ditch Effort to Defend’ UST Peg

The Luna Foundation Guard (LFG), the non-profit overseeing the Terra ecosystem, said that it sold almost all of the $3. 5 billion bitcoin it held in reserve "as a last ditch effort to defend the [UST] peg.

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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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Luna Foundation Guard reveals where missing 80K BTC reserves went

The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its missing reserve funds. The post Luna Foundation Guard reveals where missing 80K BTC reserves went appeared first on CryptoSlate.

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The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto

When a prominent stablecoin and the token that backs it failed, the broader ecosystem certainly was dealt a blow, but ultimately it is surviving.

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Terra (LUNA) Founder Breaks Silence, Proposes New Revival Plan for Ecosystem

Terra co-founder and CEO of Terra Labs, Do Kwon, has finally spoken on the crash of its network. He has submitted a proposal on how the embattled Terra ecosystem can be salvaged from its current ruins.

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Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle

Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The post Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle appeared first on BeInCrypto.

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Will Terra LUNA Go Extinct After Being Delisted By Binance, Bybit And eToro?

Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship than LUNA, the governance token underlying the Terra ecosystem. Due to its precipitous and rapid decline, Binance is currently trying to get rid of the coin.

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Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral

On May 13, Binance, the world’s largest crypto exchange by volume, posted a notice of removal of some margin and spot trading pairs for LUNA and UST. The post Binance Delists LUNA and UST Amid Terra Ecosystem Death Spiral appeared first on BeInCrypto.

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