Do Kwon, the founder of Terra blockchain creator Terraform Labs, faces an arrest warrant issued by South Korean authorities. The two primary crypto coins of the Terra network — LUNA and TerraUSD — saw a massive crash in May this year, leading to an unprecedented bloodbath in the crypto market, wiping out nearly $40 billion of investors’ money in a …
In an apparent indication of renewed investor faith in a project that cost investors more than $60 billion in May this year, Terra Classic, the original token of the old Terra blockchain has gained nearly 62% in the last 24 hours. Reasons behind Terra Classic's price rise There are several causes for the dramatic increase in LUNC's price due to …
Terra LUNA fell from a peak of more than $117 in April 2022 to barely one-hundredth of a cent in May after its algorithmic stablecoin, UST, lost its peg. The original LUNA is now Luna Classic According to the new plan proposed by the Founder of Terra, Do Kwon, the Terra blockchain undergoes a hard fork. •Pre-crash LUNA holders will …
