South Korean prosecutors said that do Kwon hasn’t been cooperating with authorities, unlike what he has previously claimed. The Red Notice asks law enforcement agencies worldwide to arrest Do Kwon wherever spotted. Earlier on Monday, September 26, South Korean prosecutors confirmed that Interpol has issued a red notice for Terra founder Do Kwon. As a […]

– Advertisement – Despite recent price corrections, Terra Classic (LUNC) is trading 62% higher than in the last 30 days. CoinGecko data reveals that LUNA Classic (LUNC) is exchanging hands for 62% more than it was in the last 30 days despite double-digit percentage price corrections. For perspective, LUNC is trading 13.4% lower in the […]

Gamza Khanzadaev Terra Classic (LUNC) is most unprofitable crypto of week among top 100 by market cap LUNC or Terra Classic, a shard from infamous once multi-billion-dollar Terra, has become the most unprofitable asset among the top 100 largest cryptocurrencies by market capitalization by CoinMarketCap. The cryptocurrency lost nearly 25% of its value during the week, with […]

LUNC tokens were once a sought-after investment LUNA Classic (LUNC) is the original Terra LUNA coin that weathered the Terra Luna collapse followed by the hard fork: the emergence of the new Terra 2.0 chain and rebranding of the old coin. Terra is the name of the new chain, while LUNA Classic (LUNC) is the […]

Cryptocurrencies are trading volatile tracking feeble global equities after recession fears in major economies like the US and Europe sparked. The US Fed’s aggressive approach to tame inflation at the cost of economic growth further dampened the mood. Fed has hiked the rate by another 75 basis points. Wall Street and European stocks slipped sharply […]

The historic Terra ecosystem collapse, which wiped out market values for TerraUSD (UST) and LUNA tokens, continues to scare investors as co-founder Do Kwon, crypto exchanges, and the community collaborate for a sustainable price recovery, as reported by Cointelegraph. According to Cointelegraph, Changpeng ‘CZ’ Zhao, CEO of cryptocurrency exchange Binance, recently proposed a flat 1.2% […]

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News […]

Can Luna Classic come back from the dead? – Photo: Shutterstock; SOROKAJPG The abrupt collapse of the Terra ecosystem in May 2022 was a ‘black swan’ event, with damaging consequences for its investors and the whole cryptocurrency community. Since the collapse of Terra, the cryptocurrency market has been in turmoil, with major coins like Bitcoin […]

Hand-Picked Top-Read Stories 1 minute read September 23, 2022 Source: Reuters Binance will be adding an opt-in button for users to pay a 1.2% tax for LUNC trading, the platform announced today. The Binance CEO spoke on the most recent LUNC burn in a blog post on Friday. He says that the decision to implement […]

Over the past day, top coins from the crypto market showed signs of recovery. Bitcoin and Ethereum had risen in value by 6% and 10%. Terra Classic, however, chose to tread on the opposite path. In the same timeframe, the 35th ranked token by capitalization had shed more than 8% of its value. Source: Trading […]

Lido’s stETH Back at Par with Ethereum in Heavy Action: Nansen Almost six months after it first “de-pegged” from Ether, investors have flocked to Lido’s stETH token, pushing it back up to par with the second-largest cryptocurrency. In the last seven days, more than $33M in “smart money” from “active and prolific” investors  has flown […]

Good Morning Everyone! Prices as of 4 pm EST, 9/21/22; % YTD MARKET UPDATE Fed lifted interest rates by expected 75bps Third consecutive 75bps hike Powell signaled more to come Comments more hawkish than expected “The chances of a soft landing are likely to diminish to the extent that policy needs to be more restrictive, […]