County Luna Financial News

30.12 / 16:55

Blockchain CEO Enterprise Future Future of layer-1 protocols: The tectonic shifts

Web3 has become an abused industry term over the past two years. Many centralized players classified themselves as Web3 and rode the euphoria and narrative around the buzzword. 2021 saw an unprecedented change with macroeconomic headwinds, geopolitical risks, hacks on DeFi, the blow-up of Terra and one of the biggest frauds committed by FTX — all creating headwinds for price action and beginning the great cleansing event for the industry loosely called Web3.

21.12 / 20:21

litecoin LTC crypto experts Is it Too Late to Buy Litecoin? Crypto Experts Give Their LTC Predictions

Litecoin's price has remained relatively stable over the past 24 hours, despite experiencing a surge in November. Some experts believe that LTC may have reached its lowest point and is now ready to reclaim its value of $70 and potentially even move toward $100.

20.12 / 17:51

markets Binance Binance Coin 3 reasons why BNB price risks another 30% decline by January

BNB (BNB), the native token of the Binance crypto exchange, is under threat of undergoing a significant price correction in the coming weeks, based on a mix of technical and fundamental indicators.

20.12 / 15:17

Law regulation South Korean court freezes $92M in assets related to Terra tokens

More than six months after the collapse of the Terra ecosystem, South Korean authorities continue to investigate and freeze the funds of persons involved in Terra.

17.12 / 23:25

Stablecoin Adoption Tether Usd Coin Algorithmic stabilization is the key to effective crypto-finance

After the collapse of Terraform Labs’ cryptocurrency, Terra (LUNA), and its stablecoin, Terra (UST), the notion of “algorithmic stabilization” has fallen to a low point in popularity, both in the cryptocurrency world and among mainstream observers.

12.12 / 13:45

Terra Luna Classic S Korean Prosecutors Say Do Kwon Is in Serbia, Terra Luna Classic Takes a Tumble

South Korean prosecutors have claimed Do Kwon is “in hiding” in Serbia – and have asked the European nation’s police force to hand him over to them. Meanwhile, it has been a rocky past few hours for Terra Luna Classic (LUNC) – the token launched by Kwon and his firm Terraform Labs.

07.12 / 10:47

business regulation Court Bankruptcy Terra Luna 3AC subpoenas issued as dispute grows over claims of Terraform dump

A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including co-founders Su Zhu and Kyle Davies.

06.12 / 16:07

Southern LUNC Terraform Labs Terra Luna Classic Price Prediction: LUNC to Hit $3 in Next Bull Market?

The Terra Luna Classic price prediction is bullish, as the LUNC/USD pair has gained support at $0.000169, a support level extended by an upward trendline. A recent arrest warrant issued for associates of Terra (LUNA) founder Do Kwon has apparently been thrown out by a South Korean judge.

02.12 / 18:55

Provident Platform Airlines Financial Denys Ustymenko - Financial Technology Entrepreneur Starts 1TN Crypto Project

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30.11 / 17:23

UPS Provident Platform Terra Luna Classic Price Prediction as ‘Merge Protocol’ Tries to Bring LUNA and LUNC Ecosystems Together – LUNC to $2 by 2023?

The Terra Luna Classic price has crept up by 1% in the past 24 hours, following the emergence of a proposal to merge its ecosystem with that of the newer Terra 2.0 platform. At $0.00016160, LUNC is also down slightly by 0.2% in the past week and by 35% in the past month, with its ongoing token burns doing little to counteract the downward pressures exerted on the wider market by FTX's collapse.

30.11 / 11:15

regulation Altcoin Terraform Labs Terra South Korea issues arrest warrant for Do Kwon's former colleagues

Amid the ongoing manhunt for Terraform Labs co-founder and CEO Do Kwon, South Korean authorities have spread out their investigations to target other Terra executives. Prosecutors issued an arrest warrant for co-founder Daniel Shin and seven other engineers and investors of the firm following suspicion of gaining illegal profits before the massive collapse of the Terra ecosystem.

28.11 / 11:43

business Adoption Google FTX Fried Sam FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows

The fall of FTX seemingly had the biggest impact on the crypto ecosystem as Google searches for the CEO Sam Bankman-Fried (SBF) hit the roof over in November 2022. Some of the biggest drivers for this trend include mainstream media attention, colossal losses and political ties.

26.11 / 10:41

Adoption SEC Congress Sec Chair SEC chair's crypto oversight strategy in question as ecosystems collapse

While regulations are often aimed at protecting citizens from bad actors, the effectiveness of crypto regulations in the United States is in question owing to the colossal fall of major exchanges and ecosystems over the past year — FTX, Celsius, Voyager, and Terra (LUNA).

22.11 / 11:57

Stablecoin Adoption Central Bank Terra Usd Hong Kong believes stablecoin volatility can spillover to traditional finance

The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over to the traditional financial system.

21.11 / 16:27

Blockchain CEO Southern South Korea seizes $104M from Terra's co-founder on unjust earnings.

South Korean authorities are continuing their efforts to bring closure to the victims of the year's first crypto crash, which involved Terraform Labs. While the crypto exchange FTX has taken the spotlight away from other collapsed ecosystems, South Korean authorities are still working to help Terraform Labs' victims.

19.11 / 08:05

business regulation Court investigation Terraform Labs South Korea seizes $104M from Terra co-founder suspecting unfair profits

While crypto exchange FTX stole the limelight from other fallen ecosystems, South Korean authorities continue their efforts to bring closure to the victims of the year’s first crypto crash — Terraform Labs. Nearly six months after the Terra (LUNA) blockchain was officially halted, South Korean authorities froze approximately $104.4 million (140 billion won) from co-founder Shin Hyun-seong based on suspicion of unfair profits.

18.11 / 23:31

defi DEX FTX CEX DeFi platforms see profits amid FTX collapse and CEX exodus: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.

18.11 / 09:33

LUNC Terra Luna Classic Terra Luna Classic Price Prediction as LUNC Sees $100,000,000 Trading Volume Come In

Terra Luna Classic price prediction is bearish; however, buyers still have hope for a bullish reversal above $0.000169, a support level extended by an upward trendline. The cryptocurrency market has recently been harsh to investors, with most cryptocurrencies unable to produce gains.

18.11 / 03:37

business FTX Credit Suisse Bankruptcy fall FTX will be the last giant to fall this cycle: Hedge fund co-founder

While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange's fall from grace should be the last catastrophic event — at least in this market cycle.

18.11 / 00:07

Twitter Terra Bitcoin audit Terra Luna Audit Results: 80,000 Bitcoin Worth $2.8 Billion Used to Defend Peg – Here’s What You Need to Know

Terra (LUNA) founder Do Kwon and the Luna Foundation Guard (LFG) spent as much as 80,000 bitcoin, worth a whopping $2.8bn, to defend the algorithmic stablecoin UST’s dollar peg, a new audit report has revealed.

13.11 / 12:27

business Adoption Binance Vitalik Buterin calls out FTX for virtue signaling: 'deserves what its getting'

The sudden fall of FTX revealed the need for fresh reforms aimed at protecting investor funds against manipulation and misdirections. The co-founder of Ethereum, Vitalik Buterin, believes what FTX did was a bigger fraud when compared to the infamous Mt. Gox and Terra (LUNA) collapses.

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