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Like a spark, USN shined for a short time, then faded. Issued by Decentral Bank (DCB) in April 2022, it became the first native stablecoin in the NEAR ecosystem – one of the largest crypto communities comprising almost 900 crypto projects and boasting high scalability amid low fees. USN was designed to serve as an […]
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How to get-over your shady past? Well, incorporate a model (2.0 version/iteration) by learning from past mistakes. That exactly what Terra’s Phoenix blockchain token LUNA did as it recorded a >200% hike. But at what cost? Building from scratch LUNA – the cryptocurrency behind the Terra ecosystem witnessed some unprecedented hikes as we speak. At press […]
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Terra Classic [LUNC] is once again in the news. The token was recently in the limelight for registering an unprecedented hike over the last week. However, hell broke loose much recently. Binance posted an update that it will suspend deposits and withdrawals of LUNC (Shuttle) via Ethereum network (ERC20) and USTC (Shuttle). It will also […]
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Terra Classic [LUNC] had quite an exciting time in the last few days as it approached a major milestone implementation. Ever since the May crash, the community has expressed concerns over the excess LUNC supply in the market. The 1.2% tax is aimed at solving this problem. Unfortunately, many LUNC traders and potential traders may […]
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Terra Classic (LUNC) is the original Terra Luna chain that was left behind after the collapse of Terra (LUNA/USD) and TerraUSD (UST/USD). Terra Classic is a hard fork that occurs at a point in time when a blockchain splits and creates two separate networks. Are you looking for fast-news, hot-tips and market analysis? Sign-up for […]
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It is hard to imagine Terra making a comeback after LUNA and UST’s crash but Terra Classic (LUNC) aims to do just that. LUNC’s latest price action suggests significant interest in the project, and whales might also be looking to take part in the action. LUNC’s first major price pump occurred in the last week […]
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Around 50 distinct cryptocurrency projects that were based on the defunct Terra Network have now switched to Polygon. In a 9 July tweet, Ryan Wyatt, CEO of Polygon Studios, expressed his happiness at his network’s ability to integrate so many projects into the ecosystem. He also made a suggestion that the Terra Developer Fund, a […]
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While the rest of the cryptocurrency market posted losses in the last seven days, collapsed coins USTC and Terra’s LUNC led with significant gains. According to data from CoinMarketCap, Terra’s USTC recorded the most gains with a 309.80% uptick in price. Similarly, trading at $0.000126 during press time, the price of LUNC registered a 66% growth […]
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Over the last 5 days, there have been issues popping up with the closure of Three Arrows Capital. One company Voyager Digital has lost a lot of money due to the mismanagement of the funds within 3AC. This capitulation all began with the loss of Terra bringing down almost 600 million dollars in debt onto […]
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Latest report stated that the Terra crash earlier in May was not caused by a single hostile party. Rather a total of seven wallets were flagged by Nansen researchers as they studied on-chain data from Terra to Ethereum. The report also concluded that the UST de-pegging was not carried out by hackers or attackers. The […]
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