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The Digital Assets Fund, which had Terra's collapsed token as a core holding, now has $191.7 million in sales.

Terra LUNAprice has broken down from an ascending parallel channel and could decrease towards $1.60. Meanwhile, Luna Classic (LUNC) price has broken out from a descending resistance line, initiating a relief rally towards $0.00029.

Crypto investors are merciless when disappointed.

The Terra Classic LUNC has been putting more effort into resuscitation its new position in the crypto space. Unfortunately, the algorithmic stablecoin Terra and LUNA collapse in May caused a massive loss in the industry.

Bitfinex has resumed operations for depositing and withdrawing LUNA, beginning to support LUNA tax burn system

The Luna Classic has continued to struggle in the markets months after it was rebranded following the collapse of the original project.

Only two crypto executives represented the industry, though lawmakers asked five to attend.

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The CEO of the VC firm was called as a witness for the inquiry on the Terra crash. 

A number of leading South Korean crypto industry leaders failed to show up to a parliamentary hearing yesterday – including the Co-founder of the under-fire Terra Luna Classic (LUNC) issuer Terraform Labs Daniel Shin, as well as shareholders of the crypto exchange Bithumb.

Several witnesses have been absent from recent parliamentary inquiries as South Korean authorities continue to probe the Terra collapse.

The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

Why other cryptocurrencies do not want to follow in its trail of dust

Terra Luna price has been moving sideways in the past few days as the ongoing cryptocurrency winter continues.

Kim Seo-joon's company Hashed had $3.6 billion wiped since Luna Classic's April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July.

To avoid another LUNA debacle, the undercollateralized USN will be phased out.

Terra developers floated a new proposal earlier this week as they look to revive the once-mighty network, even as Do Kwon, the platform's controversial co-founder, faces a warrant for his arrest on charges of fraud. Authorities have been searching for Kwon since last month, but he has denied that he is on the run.

South Korean authorities demand that crypto company executives testify in a Terra inquiry but witnesses dodge appearing due to mental condition concerns.

Hex faces allegations of dumping after its price dropped 90 percent from its all-time high.

Luna Classic (LUNC) is once again making headlines, although this time for different reasons, as the project created plans that will bring it back under the crypto world's spotlight. The increased amount of activity has not yet had a positive influence on the project's price, as can be seen in the chart above. LUNC has been seeing price drops throughout October, but this might change moving forward.

The pace of burns accelerated greatly in October, but is still too slow to have a positive effect on the price

LUNA prices crashed to mere pennies. Will LUNC crash to 0 $?

The founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, Do Kwon, is believed to be in Dubai after fleeing from Singapore.  South Korean prosecutors have said a report of Kwon leaving Singapore and flying to Dubai, likely as a stopover to unknown destinations, "was not false," reports Bloomberg.

The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject.  Terraform Labs created the Terra USD stablecoin and the LUNA coin, both of which were released in 2019.