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From Boom to Bust: A Timeline of the Terra-LUNA Crash and SEC Investigations

In 2024, cryptocurrencies are again experiencing a bull run, and the Crypto Winter is no longer fresh in everyone’s memory except for those who lost a significant amount in 2022. Three Arrows Capital and Coinbase Ventures still remember. Lightspeed Ventures Partners and Galaxy Digital also remember, particularly Galaxy’s CEO, Mike Novogratz, who got a LUNA […]

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Terra Luna Classic Gears Up for Major Chain Upgrade: Unanimously Approved Proposal Marks Milestone

In a landmark decision hailed by the Terra Luna Classic community, the eagerly awaited software upgrade proposal, “Upgrade v2.4.2,” has officially secured passage with resounding support from validators and stakeholders. With an overwhelming 100% “Yes” vote from LUNC holders and validators alike, the proposal signifies a pivotal moment in Terra Luna Classic’s journey towards greater […]

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$1 For LUNC Is Possible After Bitcoin Halving, Here Are What Could Make It Possible

Notwithstanding having a difficult time recently, Terra Classic (LUNC) is by all accounts getting steam once more, particularly with the crypto market getting all bullish. The way it’s not plunging intensely any longer gives a clue that perhaps, Terra Classic is preparing for a soar after its battles. Below are a few factors that could […]

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Terra Classic Community Burns 800 Million USTC in Landmark Decision

The Terra Classic community has approved a significant proposal to burn 800 million USTC tokens (approximately $32 million) to reduce its circulating supply and potentially impact its long-term price. This development, documented in Proposal 12073, marks a major step for the community following extensive debate and voting. Community Votes to Burn USTC Proposal 12073 received overwhelming support […]

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Terra Classic Compulsory KYC Proposal For L1 Developers Passed

Terra Classic proposition making KYC mandatory for all L1 engineers has been officially approved by the community after inconsistent voting by individuals and validators. Those who primarily favor the proposition call it a pivotal occasion, with an enormous voting turnout of 90.5%. As the Terra Classic community pushes to increment improvement on the chain with […]

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