LUNA Archives - Cryptolifedigital

Lunarcrush Identifies Promising Altcoin for the Upcoming Bull Run with Potential 100x Growth.

28Jun

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Lunarcrush Identifies Promising Altcoin for the Upcoming Bull Run with Potential 100x Growth.

Lunarcrush, a renowned cryptocurrency analytics platform, has recently identified a promising altcoin that shows strong potential for significant growth during the upcoming bull run. This particular altcoin has caught the attention of many investors and enthusiasts due to its unique features and promising prospects. With Lunarcrush's seal of approval and a projected 100x growth potential, this altcoin is poised to make waves in the crypto market. Read Also: Full Guide On How To Invest In Altcoins https://twitter.com/LunarCrush/status/1673976255559917568 Altcoin Analysis: Lunarcrush, known for its comprehensive analysis and social media sentiment tracking, has conducted an in-depth assessment of numerous altcoins to identify the one with the greatest growth potential. After consider...

Dentons Files Additional Documents in Support of Terraform Labs and Do Kwon’s Motion to Dismiss SEC Lawsuit

17Jun

By CryptolifedigitalNo Comments

Blockchain

Dentons Files Additional Documents in Support of Terraform Labs and Do Kwon’s Motion to Dismiss SEC Lawsuit

Top law firm Dentons has filed supplementary documents in defence of Terraform Labs and its co-founder, Do Kwon, in their ongoing legal battle against the U.S. Securities and Exchange Commission (SEC). The court hearing, which took place on Thursday, focused on whether the digital assets created by Terraform Labs should be classified as securities under an "investment contract." Dentons Lawyers Claim UST Is Not A Security Dentons lawyers, representing Terraform Labs and Do Kwon, strongly assert that the algorithmic stablecoin UST (now USTC) does not qualify as a security, as its primary purpose is practical rather than an investment contract. The additional documents submitted by the legal team support their motion to dismiss the SEC lawsuit and include pertinent evidence from various so...

Do Kwon Said He Will Continue Building LUNA To Ensure The Victims Are Fully Compensated, LUNA Rose To 59th From 205th Position

10Sep

By CryptolifedigitalNo Comments

Cryptocurrency

Do Kwon Said He Will Continue Building LUNA To Ensure The Victims Are Fully Compensated, LUNA Rose To 59th From 205th Position

Do Kwon, the founder of Terraform Labs has given the assuring statement to continue developing the Terra project until the victims of the May Terra collapse are compensated for their losses. Do Kwon unveils his plan in a diagrammatic manner as he tweeted a hammer with a spanner emoji? https://twitter.com/stablekwon/status/1568258669049167872 LUNA Spikes Over 300% As It Rose To Occupy 59th position From 205th. It is worth noting that the CEO of Terraform Labs made that tweet following the time LUNA price spike over 300% to $7, the 24 hours high. Read Also: Cardano Leads Grayscale Smart Contract Platform Ex-Ethereum (GSCPxE) Fund. Also, LUNA is reviving from its hit of the May collapse as it moved to the 59th position of the largest market capitalization from its previo...

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

8Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

Blockchain operator Solana will seed investments and grants across “all web3 verticals,” emphasizing South Korea’s crypto games development sector. The late collapse of the Terra network has triggered south Korean authorities to introduce measures to investigate crypto exchanges. Reports said that around 280,000 South Koreans had been victims of the unexpected plunge in UST and LUNA. Read Also: Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain Although, users are still holding strong, and investors are not backing down. The crypto decline has not left in dismay, with some clinging to the belief that it is too big to be permitted to fail. $100 million funds to support NFT, gaming, and DeFi projects Solana blockchain’...