Terra Luna Classic Proposes Raising Minimum Deposit to Combat ‘Spam’ Proposals
The Terra Luna Classic community is currently engaged in voting on various proposals, but there are growing concerns regarding the surge in "spam" proposals, particularly following a decline in LUNA prices. In response to this issue, a fresh proposal has emerged, suggesting an increase in the minimu ...
Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision
A United States Securities and Exchange Commission lawsuit against Terraform Labs is set to go ahead after a U.S. judge overseeing the case denied the firm’s motion to dismiss on July 31. In handing down the order, the judge also rejected a July 13 decision from U.S. District ...
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round.The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn ...
Do Kwon denies forging passport, blames ‘Chinese’ agency: Report
Terraform Labs founder Do Kwon told a Montenegro court that he wasn’t aware the passport he was traveling with was allegedly forged and instead pinned the blame on a Chinese-named agency.In a June 17 report from South Korean news outlet Segye Ilbo, Kwon told the Montenegrin Basic Cou ...