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Tag: TerraCVita

Terraport Security Breach Unveils Significant Developments and Raises Questions About TerraCVita’s Monitoring Efforts
Terra Classic (LUNC)

Terraport Security Breach Unveils Significant Developments and Raises Questions About TerraCVita’s Monitoring Efforts

In the aftermath of the Terraport security breach that took place in April, new revelations have come to light, leaving investors and the cryptocurrency community concerned about the efficacy of TerraCVita's monitoring and recovery efforts. LUNC Community Doubts TerraCVita's Monitoring Efforts TerraCVita, the organization behind Terraport, has reportedly engaged law enforcement agencies to assist in recovering the stolen funds. However, recent developments have cast doubts on their ability to effectively track and secure assets. Read Also: Former Terra Classic Developer, Zaradar, Expresses Willingness to Assist L1JTF Despite Controversial Departure TerraCVita's efforts to recover the funds were dealt a significant blow when the exploiters successfully moved over 985 million Terra C...
TerraCvita To Relaunch Terraport Platform On The Terra Classic Blockchain Having Completed A Security Audit
Terra Classic (LUNC)

TerraCvita To Relaunch Terraport Platform On The Terra Classic Blockchain Having Completed A Security Audit

TerraCVita has announced plans to relaunch its Terraport platform on the Terra Classic blockchain after completing a security audit by Certik. Terraport is an innovative platform that securely and efficiently shares patient data and medical records. The platform uses blockchain technology to ensure that patient data is kept private and secure, while also allowing healthcare providers to access important medical information quickly and easily. Read Also: Concerning Terraport Hack, Terra Classic To Lock Up $2 Million Worth Of Funds Terraport To Relaunch According to the recent disclosure, the group noted that they are looking forward to whatever findings Certik makes. However, some proponents have voiced their disapproval, claiming that the security audit is too little, too late. ...
TerraCVita Considering Taking Funding From Binance To Support Its Development Work On Terra Classic
Blockchain

TerraCVita Considering Taking Funding From Binance To Support Its Development Work On Terra Classic

The development group behind the Terra Classic blockchain, TerraCVita, pointed towards applying for Binance for funding to enhance its developing work on the Terra Classic. The group recently sought the community’s opinion on seeking funds from the exchange. Shortly after the Terra Rebels’ fallout with the Terra Classic community, TerraCVita has positioned itself as the primary development group working towards bolstering the LUNC revival campaign on a code level. Efforts to build on the blockchain require funds, and the group is mulling the idea of applying for funding from Binance. Read Also: Terra Rebel Says Rebel Station, Its Terra Station Alternative, Is Now In the Pre-Production Phase https://twitter.com/TerracVita/status/1628921062799843328 TerraCVita To Receive Fundi...
TerraCVita Launches Discounted Private Sale Of Its DEX
Blockchain

TerraCVita Launches Discounted Private Sale Of Its DEX

In a recent tweet, TerraCVita launches the discounted private sale of its decentralized exchange (DEX) token called “TERRA” for the community members that delegated their tokens with its validator. The news came following the group’s announcement on Monday that it had successfully raised $1 million in a private sale for its decentralized finance project Terraport. Read Also: XRP Enters The 5th Crypto With The Highest Trading Volume On Binance https://twitter.com/TerracVita/status/1612956107223490560 TerraCVita Discounted Sale Of DEX TerraCVita delegators can participate in the discounted private sale in 3 simple steps, per the tweet from the group today: Delegates must join the TerraCVita Discord and make their interest to participate in the “Terraport Sale” known in ...
Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day
Blockchain

Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day

In a tweet shared by a member of Terra classic development group TerraCVita, said that holders had staked over 111 billion LUNC in one day following the arrival of new validators, representing a daily spike of about 12%. “In the last day before new validators arrive: Staking is up 1.5% to nearly 12%,” the TerraCVita member wrote. “This shows massive long-term confidence in LUNC with a move to a positive economic ecosystem rather than a destructive high tax one.” Read Also: Whales Move A Whopping Over 407 Million DOGE ($32.21 million) In Two Separate Transactions https://twitter.com/RexYellerBelly/status/1585264482363875331 New Validators Launch It is worth noting that the surges came following the day before the new validators launch and the member of the TerraCVita noted...