#luna
22 articles found
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Updates on Compensation for Terra/LUNA Victims
In mid-2022, the Terra platform suffered a massive collapse, resulting in over $40 billion in losses for investors. Nearly two years later, clients and creditors are still awaiting compensation. Finally, there's been progress in the case, though investors continue to feel disheartened. 
After detecting phishing attempts, Terra (LUNA) has temporarily frozen its primary domain, Terra․money. The company's directive? Avoid sites with this domain until they say otherwise.
While the team has ramped up protection for the Station Wallet, a word of caution: avoid the desktop and mobile apps for a bit. But if you're a fan of the Station Chrome extension, the latest version is good to go. 
Arkham Intel Exchange has acknowledged two on-chain investigators with approximately 9,519 ARKM (valued at ~$5,000) for information on Do Kwon & Terra's wallet holdings.
This new data suggests a potential inconsistency in Terra's previous declaration of possessing a single Luna Foundation Guard wallet. The UST and LUNA Crash: One Year Later and Its Lasting Impact
One year ago, the crypto world witnessed the dramatic collapse of the UST stablecoin and LUNA token, which has left an indelible mark on the market. The creator of the Do Kwon project, who had confidently promised to restore the UST peg to the US dollar, is now synonymous with the debacle that shook investor confidence and contributed to the intensification of the bearish market. Seoul Court Rejects Terraform Labs Co-Founder's Detention Request
A recent development in Seoul has seen the court decline a request for an arrest warrant targeting Daniel Shin, Terraform Labs' co-founder, who is currently under scrutiny for purportedly securing illegal profits before the company's cryptocurrencies, TerraUSD and Luna, experienced a dramatic decline last year. Is Do Kwon on the run?
One of the most resonant events that happened in 2022 was the catastrophic fall of Luna and TerraUSD. It is therefore no surprise that the founder of the Terra blockchain ecosystem began to be suspected of fraud. Seoul has issued an arrest warrant for Do Kwon, as a result of a joint US-South Korean investigation. Anchor Protocol - the DeFi project from the founders of Terra
An analysis of the fateful Anchor Protocol project developed by the founders of the failed blockchain. How did the protocol attract investors, how did it affect the growth of UST and LUNA? Most importantly: why did the Anchor Protocol lead to Terra’s collapse? 
The community of Terra Luna Classic has dismissed the USTC Repeg team's request for funding. Voting outcomes showed 45% in support, 43% objecting with veto power, and 11% rejected it outright.
Even though 11 of the 17 validators were in support, the proposal failed to gain traction with the general public. The request was for 285 million LUNC ($20,000) to refine an instrument for the USTC Incremental Repeg Buybacks & Staking Swaps algorithm. 
What is Terra Luna Classic (LUNC)? Project overview
The Terra Luna Classic (LUNC) is the native token of the original Terra blockchain. The token gained notoriety not only for its initial growth after launch but also for its subsequent plummet, resulting in nearly a 100% loss in value during the TerraUSD (UST) collapse. 
