by admin | Feb 14, 2024 | Latest Crypto News
Terra (LUNA) Terra (formerly LUNA, now referred to as LUNC) stands as one of the most notorious failed crypto projects of the year. Terra fell over 99% in just 2 days With a market capitalization exceeding $40 billion, it ranked among the top 10 cryptocurrencies...
by admin | Feb 5, 2024 | Latest Crypto News
Reason Behind the Home Invasion After being questioned by the police, the intruder revealed his motive: he wanted Do Kwon to take full responsibility for the downfall of Terra, which resulted in significant financial losses for investors. The disgruntled investor, who...
by admin | Feb 4, 2024 | Latest Crypto News
Terra’s Bitcoin Reserves UST has struggled to maintain its peg in recent weeks, leading the company to purchase Bitcoin reserves worth $1.5 billion. Do Kwon, the CEO of Terraform Labs, stated his intention to acquire Bitcoin reserves worth $10 billion to stabilize...
by admin | Feb 3, 2024 | Latest Crypto News
Price Movements and Market Impact The ongoing crypto downturn has seen many cryptocurrencies lose 20% of their value. However, Terra’s LUNA has been hit harder, dropping by 78%, while its stablecoin, TerraUSD (UST), has fallen by over 61%, bringing its value down to...
by admin | Jan 30, 2024 | Latest Crypto News
What Is the Luna Foundation Guard (LFG)? The Luna Foundation Guard is a non-profit organization founded in 2017 with the mission to safeguard the blockchain and cryptocurrency industry, particularly within the Terra ecosystem. The foundation supports a large, global...
