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Luna LUNC News: Terra Luna Classic developer L1 Terra Classic Task Force (L1TF) announces progress with the v2.2.0 core upgrade of the chain. The upgrade will be tested on the rebels-2 testnet for a week before the mainnet is expected to go live in September starting.
Terra LUNA Classic (LUNC) price has finally confirmed its breakdown from the prolonged accumulation range. The price for already troubled cryptocurrency fell by 23% after breaking below its $0.00008 support.
Taking a close look at the daily time frame chart, it's evident that the LUNC price traveled a steady downtrend within a falling channel pattern for the past five months. This pattern is marked by parallel trendlines encompassing the price action, serving as key support and resistance areas.
The Terra Luna Classic community has given the green light to a significant proposal – the direct burn of a whopping 800 million USTC. As the digital dust settles, a surge in LUNC's value stands out, even as broader crypto markets grapple with recent challenges.
The Terra Luna Classic community has passed a proposal to directly send 800 million USTC related to the Ozone protocol to the burn address. The community favors to burn these USTC tokens rather than returning them to the community pool.
The United States Securities and Exchange Commission (SEC) is intensifying its investigation of Terraform Labs by partnering with the South Korean government for a deeper probe into the company's operations.
Bulls looked to end Luna Classic's sustained downtrend with a price rebound from a key price level.
In a world captivated by the allure of digital assets, the cryptocurrency market remains no stranger to its characteristic rapid shifts and volatility. The past 24 hours have been a testament to this fact, as two of the most popular tokens, LUNC and USTC, have undergone significant price fluctuations, leaving investors and enthusiasts on the edge of their seats.
The Terra Luna Classic community has turned down the community pool spend proposal to fund the USTC Quant team for the second month. The proposal has failed to receive minimum votes and received “No with veto” votes from the community members instead.
The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform.
The ongoing crypto mayhem didn't miss the struggling Terra Classic chain, already marked with inner conflict.
The United States Securities and Exchange Commission (SEC) is ramping up its investigation into Terraform Labs and its co-founder, Do Kwon. In a recent development, the SEC has been granted a motion to seek assistance from South Korea to question Daniel Shin, co-founder of Terraform Labs.
The Terra Luna Classic community has proposed an inclusive plan as the blockchain platform relaunch plans. Happy Catty Crypto and Strathcole have suggested a united vision, eyeing a better network for all participants. The vision includes the chain's proposals and ideas.
In a fresh move exemplifying the global reach of the United States regulatory enforcement, the Securities and Exchange Commission (SEC) is again crossing international borders, this time to South Korea.
Terra Luna Classic community members Happy Catty Crypto and StrathCole have proposed a united vision for the revival of the chain. It lays out ideas and proposals for the chain, as well as invites developers, community members, validators, and stakeholders for shaping the future of Terra Classic amid rising FUD and massive drop in LUNC
U.S. District Judge Jed Rakoff has granted the Securities and Exchange Commission (SEC) to engage the South Korean government's cooperation in questioning Daniel Shin, the co-founder of Terraform Labs, and in gathering evidence from Chai Corp., a payments company.
The US Securities and Exchange Commission (SEC) got approval to ask South Korea for help in talking to Daniel Shin, a co-founder of Terraform Labs. The SEC is making a case against Terraform Labs and its other co-founder, Do Kwon.
US SEC can seek assistance from the South Korean government to question Daniel Shin, co-founder of Terraform Labs Read more
Terra Luna Classic (LUNC) finds itself grappling with a significant setback as its price takes a sharp dive. Within the span of just 24 hours, the coin experienced a 13% decline in value.
The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation's relationship with Terraform Labs.
Terra Classic Coin Analysis: On August 15th, the Terra classic coin witnessed a massive sell-off, recording the lowest value of the day at $0.00006003. It is likely the recent market downturn was triggered by the collective decision of the LUNC community to decline the proposal put forth by prominent member LUNC DAO, aimed to place
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $29,100 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the $1,800 mark this morning.
Terra Classic (LUNC) and Terra (LUNA) prices fell more than 10% in the last 24 hours. The Terra Luna Classic community believes that the selloff happened in response to the community rejecting prominent member LUNC DAO's proposal to lead the chain and influencer Classy Crypto selling his validator to LUNC DAO.
In a recent revelation that has set the crypto community abuzz, esteemed crypto trading expert Javon Marks has shed light on Terra Classic's (LUNC) promising trajectory.
