Tag: luna

  • Discover How a Terra Classic Vote Ignites LUNA and LUNC Rally Before Token Burn

    Discover How a Terra Classic Vote Ignites LUNA and LUNC Rally Before Token Burn

    The forthcoming Terra Classic upgrade scheduled for September 18 is generating significant buzz in the cryptocurrency community, thanks to its promise of enhancing network security through critical patches and updates to core components such as wasmvm and wasmd. This anticipation has not only caught the attention of investors and developers alike but has also catalyzed…

  • Massive Burn Alert: Terra Luna Classic to Incinerate Over 275B LUNC & 1B USTC!

    Massive Burn Alert: Terra Luna Classic to Incinerate Over 275B LUNC & 1B USTC!

    In the dynamic world of cryptocurrency, the buzz surrounding Terraform Labs and its forthcoming actions in the realm of digital assets has captured the attention of enthusiasts and investors alike. Speculations have emerged about the organization’s potential move to burn billions of LUNC tokens, an action that carries significant weight as its bankruptcy proceedings draw…

  • How LUNA, LUNC, USTC Prices Are Reacting: Surprising Shifts You Need to Know

    How LUNA, LUNC, USTC Prices Are Reacting: Surprising Shifts You Need to Know

    In the ever-evolving landscape of cryptocurrency markets, the tokens associated with Terraform Labs, namely LUNA, LUNC, and USTC, have experienced significant fluctuations in anticipation of the upcoming bankruptcy hearing. This event, scheduled for September 19, holds the potential to dictate the future trajectory of Terraform Labs by determining the approval of its restructuring plans or…

  • Will Terra’s Bankruptcy Reignite LUNC & LUNA? The Date is Set

    Will Terra’s Bankruptcy Reignite LUNC & LUNA? The Date is Set

    In the constantly evolving landscape of the digital finance world, certain headlines capture the attention of both enthusiasts and critics alike. A recent announcement by Terraform Labs regarding its Chapter 11 bankruptcy hearing has sent ripples throughout the cryptocurrency community. Scheduled for September 19, 2024, this hearing marks a pivotal moment for the company, determining…

  • Can Terra Luna Classic Stage an Epic Comeback? What Investors Need to Know

    Can Terra Luna Classic Stage an Epic Comeback? What Investors Need to Know

    In recent developments within the cryptocurrency market, Terra Luna Classic (LUNC) has shown signs of a possible trend reversal, marking a significant moment for traders and investors alike. On August 10, the LUNC token experienced a notable 23.3% surge in its price, a movement accelerated by an uptick in trading volume. This increase occurred in…

  • 3AC Demands $1.3 Billion After TerraForm Labs’ Devastating Luna Collapse

    3AC Demands $1.3 Billion After TerraForm Labs’ Devastating Luna Collapse

    The unfolding saga between the defunct crypto hedge fund, Three Arrows Capital (3AC), and the beleaguered digital assets entity, TerraForm Labs, underscores the intricate and volatile nature of the cryptocurrency market. The heart of the conflict lies in a staggering $1.3 billion claim filed by the liquidators of 3AC against TerraForm Labs. This legal battle…

  • LUNA Classic Community Votes on Game-Changing Tax2Gas Initiative

    LUNA Classic Community Votes on Game-Changing Tax2Gas Initiative

    The Terra LUNA Classic community is in a state of heightened anticipation as Genuine Labs initiates the voting phase on the transformative Tax2Gas proposal. This groundbreaking proposition seeks to renovate the mechanism through which gas fees and taxes are administered, with the potential to significantly elevate the utility and value of LUNC. As this proposal…

  • Terra Luna Classic Plans to Hike Burn Tax: A Strategy to Elevate Token Value

    Terra Luna Classic Plans to Hike Burn Tax: A Strategy to Elevate Token Value

    In the evolving landscape of cryptocurrency, the community behind Terra Luna Classic (LUNC) is currently engaged in a discussion that could potentially alter the token‘s economic framework. This deliberation revolves around an intriguing proposal to increment the burn tax rate on the blockchain from its current standpoint of 0.5% to an elevated figure of 1.5%.…

  • Terra Luna Classic Community Approves Tax2Gas Plan, LUNC Price Reaches $1

    Terra Luna Classic Community Approves Tax2Gas Plan, LUNC Price Reaches $1

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