TerraLuna News and Articles

Law firm Roche Freedman LLP has filed a class-action lawsuit against the American division of the crypto exchange Binance and its CEO Brian Schroeder on behalf of LUNA and the UST stablecoin investors. According to the 72-page complaint, Binance.US offered unregistered securities to US citizens,...

Terra's crash caused discussions and questions. The South Korean government now is investigating Terraform Labs, the company that developed the project to find out whether the team manipulated the price. According to local media, authorities have called on Terraform Labs employees as a part of a...

Terra blockchain ecosystem founder Do Kwon said he's heartbroken about the pain his invention caused the community. Kwon tweeted that in the past few days, he has held phone calls with Terra blockchain engineers, community members, employees, friends, and family that have been devastated by the...

Terra announced officially halting at block 7607789 as UST continues to be below its peg and LUNA is 99% down. The tweet published by the company says that validators have stopped the network to build a plan to recover operations. The Terra blockchain has officially halted at block 7607789.Terra...

The Terra protocol team revealed a collaboration with Avalanche and the purchase of AVAX coins. Terraform Labs bought $100 M in AVAX for Treasury Swap of LUNA and AVAX to boost various activities. Along with this, the Luna Foundation Guard bought $100 M in AVAX with UST stablecoins. AVAX is now the...

Terra blockchain protocol has overtaken Binance Smart Chain by total value locked (TVL) in its smart contracts. According to data tracker DeFi Llama, the total volume locked in Terra currently stands at around $17.3 billion. The amount went up by over 36% in the last 7 days. Now, Terra is the...

The native crypto of the Terra blockchain protocol, LUNA hit a new ath of $69.74 today. In the last 7 days, the LUNA price went up by over 73.5%. At the moment, it is the 11th largest crypto with a market cap of over $26.2 bln. The surge happens amid the continuous lawsuit between the Terraform...