Binance burns almost 4 billion Terra Luna Classic (LUNC) tokens, with total LUNC burn by the community reaching 83 billion. The world’s largest crypto exchange Binance burns almost 4 billion Terra Luna Classic (LUNC) tokens in the 16th batch of the LUNC burn. With the latest LUNC burn, the total LUNC burn by the crypto exchange to date reaches more than 43...
Terraform Labs, developer of the Terra (LUNA) blockchain, announced the acquisition of cross-chain portfolio management and analytics startup Pulsar Finance. This announcement comes amid ongoing legal disputes between Terraform Labs and its founders. The cryptocurrency developer has been dogged by legal issues since the collapse of algorithmic stablecoin...
This is where I think Luna is headed. Some may disagree, but I've got a knack for this sort of thing and I'm pretty sure. Too soon?
Terra founder Do Kwon hinted at a future purchase of $13 billion worth of bitcoin to supply the reserves of the protocol in a recent Twitter Space shared with bitcoin enthusiast Udi Wertheimer. In the same Space, Do Kwon explained the new mechanics that the Terra ecosystem is introducing in order to use bitcoin as collateral for its flagship decentralized stablecoin, UST.