LUNA

The post Altcoins Rebound as Bitcoin Gains Strength; TerraClassic (LUNA) & Terra (LUNA) Could Rise By 20% Soon appeared first on Coinpedia Fintech News The crypto markets are consolidating again as Bitcoin price failed to sustain above $67,000, displaying some weakness among the bulls. The selling pressure does not appear to have mounted, but without a rise in the buying volume, it may certainly be possible for the star crypto to sustain above the range. Now that the BTC price…

The post Terra Luna Classic’s Proposal for a Core Team appeared first on Coinpedia Fintech News The Terra Luna Classic (LUNC) community is currently engaged in voting on a crucial proposal aimed at establishing a core team responsible for overseeing the chain’s developments and other key decisions.  This proposal comes in the wake of the disbandment of the core developer group Joint L1 Task Force (JL1TF) in March. The proposed core team would comprise key individuals, including developers and contributors,…

Terra Luna has become a hot cryptocurrency after the token burn news from Binance. NuggetRush is a leading Play-to-Earn crypto coin with a lot of potential. People are investing in both the coins to get good returns in the future. If you are an avid crypto investor looking for the top crypto coins this month, there are some new entrants that are better than the existing ones. Terra Luna is one of the unique altcoins that is known for providing…

Charles Edwards, the founder of Capriole Investments, has sparked significant interest and debate within the cryptocurrency community. He heralded Ethena (ENA) as “the Luna of this cycle,” but with a crucial difference: its economic fundamentals are deemed sustainable. Edwards elaborated, “It’s 100% collateralized and the yield is variable based on market forces. Two things Luna wasn’t.” He also noted that at its zenith, Luna’s valuation exceeded ENA’s current market cap by more than twenty-fold, yet he cautioned, “ENA is not…

The post Binance Burns Over 4 Billion Terra Luna Classic Tokens appeared first on Coinpedia Fintech News In a significant development for the cryptocurrency market, Binance, the world’s largest crypto exchange, has announced the burning of 4.17 billion Terra Luna Classic (LUNC) tokens. This move underscores Binance’s commitment to bolstering the Terra Luna Classic ecosystem and marks a milestone in the ongoing evolution of the crypto industry. Binance’s Token Burn Event The crypto community saw one of the biggest token…

Terraform Labs faces SEC trial over alleged crypto fraud, accused of misleading investors about stablecoin stability. The legal battle was delayed till March, with co-founder Do Kwon remaining in Montenegro after the extradition ruling was overturned. Terraform Labs and its co-founder Do Kwon confront the US Securities and Exchange Commission (SEC) in a high-stakes trial. The SEC’s allegations paint Terraform Labs as a central player in a sprawling financial deceit that rocked investors, leading to one of the most significant…

The post Terra Luna Classic Hits Fresh Milestone As Whales Get Bullish Over XRP and NuggetRush appeared first on Coinpedia Fintech News TLDR Terra Luna Classic whales maintain their positions by holding large LUNC and USTC tokens. NuggetRush and XRP attract bullish whales to their unique platforms and high growth potential. As NuggetRush nears its official launch, crypto analysts anticipate notable gains for early backers.  Terra Luna Classic (LUNC) hit a new milestone as the number of its LUNC and…

Per a Thursday release from a local outlet, the court has dismissed the arrest warrant against TFL executive Yoo Mo. The executive received the warrant on account of his role as head of the Terraform Labs’ business team. Judge Hong Jin-Pyo of the Seoul Southern District Court dismissed the charges but did not extend this treatment to TFL founder Kwon Do-Hyeong.  Judge Deems Yoo Moo’s Arrest Unimportant, Dismisses Warrant A few weeks ago, Seoul’s Southern District Prosecutors Office reopened the…

In recent times, news of the Terra ecosystem’s resounding crash seems to have faded out of the limelight. However, South Korean prosecutors are set to reopen the case as they look into whether Terra’s native assets are securities.  South Korea Prosecutors Review Terra Assets On Tuesday, local publication Korean Herald shared a release highlighting the plans of Seoul’s Southern District Prosecutors Office. The report noted that the Office’s Financial and Securities Crime Joint Investigation Team has been in touch with…