Luna

Liquidators of Three Arrows Capital have filed a lawsuit against TerraForm Labs for $1.3 billion in light of allegations of market manipulation.The liquidators of Three Arrows Capital (3AC), the crypto hedge fund that is now defunct,…
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Today, the price of Luna Classic has increased by 20%, reaching its highest level since late last year.According to statistics from CoinGecko, the price of Luna Classic (lunc) has increased by 20% in the previous 24 hours and reached…
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The price of LUNA increased by a staggering 150% in less than an hour as the cryptocurrency's volatility increased.The Terra ecosystem's underlying cryptocurrency, LUNA, is experiencing extreme volatility at the time of writing.In…
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Terra Classic (LUNC), the original chain of the now-defunct Terra (LUNA) coin, is seeing a spike in demand, which drives up its price. Notably, the token's popularity seems to defy the crypto market's continued volatility.Specifically,…
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Prosecutors investigating the demise of Terra (LUNA) requested that the Ministry of Justice issued a "notice upon arrival" for Terraform Labs CEO Do Kwon and a travel ban for Terra cofounder Shin Hyun-seong.According to a July 27…
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Hacktivist organization Anonymous said on its YouTube channel, "There is no question that there are many more atrocities to be uncovered along your path of devastation."Anonymous has vowed to "ensure" that Terra co-founder Do Kwon is…
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The claim came when a Twitter thread by @FatManTerra disclosed the purported facts of how Kwon and Terra's influencers artificially maintained liquidity while draining cash.Do Kwon, CEO and co-founder of the notorious Terra (LUNA) and…
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According to analyst Michael van de Poppe, Terra founder Kwon deserves to go to prison, comparing Kwon to Ponzi schemer Bernie Madoff.Community members reacted to reports that Terra's creator Do Kwon took $80 million a month before the…
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Is Terra's algorithmic stablecoin UST's demise, which occurred last month, the end of automated stablecoins as we know them? That's what Reeve Collins thinks.Due to TerraUSD's meltdown, DeFi's financial procedures have been subjected…
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Billy Markus was critical of LUNA 2.0 and those who bought into the relaunch, which he saw as a failure.Terra's effort to bring back LUNA has been derided by Dogecoin co-founder Billy Markus as "really foolish."The collapse of the…
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