Terra (LUNA) News

During the May turbulence, the Luna Foundation Guard sold over 80,000 bitcoins to support the UST stablecoin. Glassnode analysts found that almost all of these coins were bought by whale wallets holding less than 100 BTC. According to the researchers, LFG floated 80,081 BTC earlier this month. This...

The Terra ecosystem was relaunched via Terra 2.0 on May 28. Now, the original Terra is called Terra LUNA Classic. The price of the new LUNA token, or Luna 2.0 has seen great volatility. Since the release, the token fell by around 70%. LUNA 2 tokens were airdropped to those who had Luna Classic,...

Terra representatives said that the “revival plan” of the project does not involve forking the existing network, but creating a new one. They noted that with a classic fork, the new network inherits the history of the original, but this will not be the case with Terra 2.0. “If proposal 1623...

Against the backdrop of the collapse of the digital assets of UST and LUNA, parliamentary hearings were organized in South Korea by one of the political parties. According to reports, the “event” was also directly attended by the co-founder of the Terra project Do Kwon. This was reported by...

Yesterday, May 16, the co-founder of the troubled Terra blockchain network, Do Kwon, announced a change in the previously approved strategy to restore the ecosystem. The idea to create a new plan arose against the backdrop of a significant decline in Terra's capitalization in recent days, for which...

Prices of cryptocurrencies continue to decline. Bitcoin dropped below $28,000 and currently trades at around $27.900. The lowest price was around $26,350. Bitcoin's market cap stands at above $529 billion. Ether trades at around $1,880. The total crypto market cap decreased by over 13% in the last...

The price of LUNA, the native governance coin of the Terra blockchain fell by more than 94% in the last seven days. Although, in general, the crypto market sees difficulties now, LUNA's price drop was the most significant. LUNA hit its lowest price in a year falling below $1 and trading at $0.8...

Founder and CEO of Terraform Labs, Do Kwon has accepted a $1 M bet on the price of the LUNA coin native to the Terra blockchain. The bet was offered by a Twitter user with the pseudonym Sensei Algod. The essence of the deal is the following; both parties send 1M in the stablecoin USDT to a crypto...

The native crypto of the Terra blockchain ecosystem, LUNA keeps rising. Going up by over 66% in the last 7 days, the price of the token surged over $97. At the moment, LUNA is the 9th largest crypto with a market cap of over $36 bln. Total value locked in Terra has gone up essentially, making it...

Native tokens of Terra and Solana blockchains reached new all-time highs. Two blockchains represent the DeFi sector and use layer 1 solution. The price of Terra's native token Luna has gone up by around 75% over the previous 7 days. Today it hit $26.58 on CoinMarketCap. The coin ranks 16 with over...

The built-in token of the Terra protocol, Luna saw a 19.36% price increase over the previous 24 hours and now trades at around $2.3. The raise began in mid-November. On January 26, the news of Galaxy Digital, having invested $25 M in Singapore-based Terraforum Labs became public. Since then, the...