Search results for "LUNA"

Franklin Templeton: The outlook for corporate encryption financial strategies is fraught with uncertainty, presenting a "dangerous" feedback loop risk.

Franklin Templeton analysts report a warning that corporate encryption financial strategies are full of uncertainty in the future, influenced by market fluctuations and price-to-book ratios, which may trigger negative feedback loops, exacerbating the fall in coin prices and the collapse of investor confidence. Maintaining price-to-book ratio premiums and coping with fluctuation capabilities are crucial for the survival of enterprises.
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Alliance DAO founder: ETH is currently severely Oversold, it's hard not to want to buy in

Odaily Planet Daily News Alliance DAO founder and core contributor Qiao Wang wrote on the X platform that the current Oversold level of ETH is similar to the collapse of Terra in 2021, the deep bear market (falling prices to double digits) in 2018, and the level after the DAO Hacker attack in 2016. At such Oversold levels, it's hard not to consider buying.
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Odaily Star Daily News Terra stated in a post on X that the chain will be temporarily suspended at Block Height 11550000 (approximately August 8, 22:18) for a planned chain upgrade. Please note that no transactions will be processed during this period.

Terra: the wallet of the exploit user has been blacklisted.

Odaily Planet Daily News According to Terra's announcement on X platform, yesterday, the Terra blockchain was maliciously attacked, resulting in the unauthorized withdrawal of assets worth approximately 4 million US dollars. After receiving the vulnerability alert, Terra immediately coordinated with validators to halt the Terra chain and then released a software upgrade to patch the vulnerability. The exploiters' Wallet on Terra has been blacklisted. A more detailed event analysis will be shared once the attack situation is fully determined.
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Odaily Planet Daily News Astroport released security incident updates on X: - The attacker's ASTRO on Neutron has been seized in the Astroport Treasury; - The attacker's Terra Address has been blacklisted and cannot conduct any transactions; - IBC Hook vulnerability has been fixed; - The attacker stole a total of about 58 million ASTRO, and bridged about 33 million ASTRO to Neutron; - The attacker exchanged about 13 million ASTRO for 124,000 axlUSDC and sent it to an Ethereum Address; - About 20 million ASTRO tokens are left on-chain for Terra and have been blacklisted, unable to be moved; -The official will continue to work closely with the Terra team to seek solutions. Contributors of Astroport will provide further updates as soon as possible, and a comprehensive report on the event is expected to be released later this week.

HectorDAO applies for Chapter 15 bankruptcy protection after suffering tens of millions of dollars in losses

Decentralized autonomous organization HectorDAO suffered losses due to multiple market crashes, hacker attacks, and the collapse of the Terra ecosystem. It has filed for Chapter 15 bankruptcy protection in the United States, with losses of up to $16.4 million. Meanwhile, Interpath Advisory has been appointed as the bankruptcy administrator and restructuring expert, investigating the possibility of former management members internally implementing hacker attacks.
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Terra announces the deadline for claims of losses related to Crypto Assets.

Gate.io News bot message, Terra official announcement, the deadline for creditors to submit claims for cryptocurrency losses to Terraform Labs Pte. Ltd. for the liquidation trust fund is set for May 16, 2025, at 23:59 ET (May 17, 2025, at 11:59 Beijing time). The notice emphasizes that creditors must submit eligible Crypto Assets loss claims within the specified deadline, and claims submitted after the deadline will not be accepted. Source: Wu Says
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Terraform Labs will open a bankruptcy claims portal for creditors to submit claims.

According to the Gate.io News bot, Theblock reports that Terraform Labs announced the launch of the bankruptcy claims portal "Crypto Loss Claims Portal" on March 31. The company filed for bankruptcy in January 2024 due to the collapse of TerraUSD and LUNA. Creditors must complete their claim application registration by April 30, 2025. Application materials must include a wallet address or a read-only API Key. If you choose to submit manual evidence such as transaction records, the review process will be extended. According to previous reports, Terraform Labs' restructuring plan shows that the compensation amount for creditors is between $185 million and $442 million.
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Galaxy Digital has reached a $200 million settlement with New York State regarding the LUNA promotion case.

According to the Gate.io News bot, Axios reported that Galaxy Digital reached a $200 million settlement with the New York Attorney General's Office regarding the LUNA promotion case. The investigation shows that Galaxy Digital did not disclose its holdings and selling actions to the public during the promotion of LUNA, while profiting significantly from it. This settlement involves violations of the Martin Act and Administrative Law. According to the settlement terms, Galaxy Digital neither admits nor denies the relevant allegations. The payment amount will be completed within three years, with the first installment of $40 million to be paid within two weeks. Source: Axios
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Some AI concept tokens fell, and ELIZA fell by 31.3% in 24 hours

BlockBeats news, on January 3rd, according to GMGN market information, some AI concept Tokens fell today, including: ELIZA fell by 31.3% in the past 24 hours, with a Market Cap of 112 million US dollars; SPORE fell by 25.1% in the past 24 hours, with a Market Cap of 52.85 million US dollars; GAME (GAME by Virtuals) fell by 21.8% in the past 24 hours, with a Market Cap of 299 million US dollars; LUNA (Luna by Virtuals) fell by 21% in the past 24 hours, with a Market Cap of 138 million US dollars.
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Data: Some slight pullback in the cryptocurrency market sector, while AI Agents and DeFi sectors continue to perform well. Gate.io News: According to SoSoValue data, some cryptocurrency sectors have experienced a small pullback, while AI Agents and DeFi sectors continue to perform well, with respective 24-hour gains of 8.54% and 6.10%. Worth noting is that within the AI Agents sector, Fartcoin (FARTCOIN) has risen by 31.23%, and Vituals Protocol (VIRTUAL) as well as ecosystem-related tokens LUNA and GAME have continued their high growth from yesterday, with 24-hour gains of 16.39%, 22.79%, and 18.56% respectively. Within the DeFi sector, Chainlink (LINK) and Aave (AAVE) have seen gains of 19.22% and 18.37% respectively, possibly influenced by the Trump-backed cryptocurrency project WLFI. Additionally, Lido DAO (LDO) has seen a 17.21% increase, possibly influenced by Grayscale's launch of the Lido DAO Trust Fund. In other sectors, the Layer 1 sector rose by 0.68%, and the GameFi sector rose by 0.26%. The AI and DePIN sectors, which performed well yesterday, experienced a pullback, both with a decline of -0.61%. The Meme sector had the largest pullback today, at -1.88%.
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Base ecosystem AI memes LUNA rose over 67% in the past 24 hours, with a Market Cap exceeding 80 million US dollars

BlockBeats news, on October 26th, according to GMGN data, Base ecosystem AI meme coin LUNA rose over 67% in the past 24 hours, with a market capitalization exceeding 80 million US dollars. The current price is 0.0827 US dollars, with a 24-hour trading volume of 1.99 million US dollars. BlockBeats reminds users, Meme
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Terra will reopen the Shuttle Bridge and burn 150 million LUNA tokens, authorized by the bankruptcy court.

Terra announced that the bankruptcy court order authorized TFL to reopen the Shuttle Bridge and revoke 150 million LUNA tokens obtained from the Terra community funding. TFL plans to transfer all assets held in BridgeWallet to the new Wallet and provide a new, simplified Shuttle Bridge interface. According to the court order, TFL intends to permanently close the Shuttle Bridge, and all remaining assets will be destroyed. The Chapter 11 plan is expected to take effect in late September 2024. At the same time, TFL will begin to unstake 125 million LUNA tokens from 49 validators, and destroy 125 million LUNA tokens used for delegation and supply, as well as 2.5 million LUNA tokens.
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Odaily Planet Daily News According to Vitalik Buterin, co-founder of Ethereum, he retweeted a tweet about LUNA in 2022, which said, 'I found that much of the hatred towards LUNA seems to come from the ETH camp'.
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According to the report from Golden Finance, the address labeled "Luna Foundation Guard" transferred 1,974,000 AVAX (approximately $71.19 million) to an address starting with 0x134 15 minutes ago, as monitored by Arkham data.
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Analysis: Investors are still buying LUNA tokens years after the Terra crash.

ChainCatcher news, CoinMarketCap data shows that the Terra (LUNA) Token has fallen more than 98% from its all-time high set about three years ago. However, despite the big dump in price, investors are still buying LUNA Tokens, with a trading volume exceeding $21 million in the past 24 hours. Analyst Optimus KevTron states that this phenomenon indicates that even though some may believe the LUNA Token is "dead," there are still people buying in.
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Analysis: Years after the collapse of Terra, investors are still buying LUNA tokens.

Odaily News CoinMarketCap data shows that the Terra (LUNA) Token has fallen over 98% from its all-time high reached about three years ago. However, despite the big dump in price, investors are still buying LUNA Tokens, with over $21 million in trading volume in the past 24 hours. Analyst Optimus KevTron indicates that this phenomenon suggests that even if some believe the LUNA Token is "dead", there are still people buying in. (Cointelegraph)
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Analysis: Investors are still buying LUNA tokens years after the Terra crash.

Odaily News CoinMarketCap data shows that the Terra (LUNA) token has fallen over 98% from its all-time high set about three years ago. However, despite the big dump in price, investors are still buying LUNA tokens, with trading volume exceeding $21 million in the past 24 hours. Analyst Optimus KevTron stated that this phenomenon indicates that even if some believe the LUNA token is "dead", there are still buyers.
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Terra Luna Classic community approves new tax handling proposal, introducing the "Reverse fee" mechanism.

The Terra Luna Classic community has launched a new 'Reverse Fee' tax processing proposal, which changes the way taxes are deducted from transactions, making it simpler and more convenient. This mechanism deducts taxes directly from the transaction amount, eliminating the need for the sender to pay additional taxes, bringing convenience to developers and end users. The new tax system also supports backward compatibility, allowing DApps to still use the sender to handle taxes as needed.
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FTT briefly touched $2.99, and bankrupt concept coins are generally rising.

Golden Finance reported that market data shows, possibly affected by the news of 'FTX is expected to distribute $16 billion to creditors in Q4', FTT briefly touched $2.99, now quoted at $2.72, with a rise of over 90% in 24 hours, breaking the bankruptcy concept zone; USTC is now quoted at $0.0256, with a 37.54% rise in 24 hours; LUNA is now quoted at $0.47, with a 15.68% rise in 24 hours; LUNC is now quoted at $0.00010419, with a rise of over 14% in 24 hours.
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Terra: Pisco testnet API will be closed this week

Golden Finance reported that Terra announced on social media that the Pisco Testnet Application Programming Interface (API) is scheduled to be closed this week. This is part of the ongoing TFL Phase 11 plan to gradually shut down. Developers relying on Terra endpoints will need to switch to other community-hosted endpoints and are recommended to use Polkachu's Testnet API to continue accessing. Make sure the system is updated to avoid any interruptions.
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Ethereum's nearly 20% plunge broke the bullish trend line since the Terra crash in 2022

BlockBeats News: On March 10, TradingView data showed that the price of Ethereum plummeted by nearly 20% in the seven days ending March 9, the largest weekly percentage decline since November 2022, according to Coindesk. The sell-off broke below a bullish trend line that began at the lows of June 2022 after the crash of Terra's algorithmic stablecoin UST, which led to the loss of billions of investors' wealth. This decisive decline means that Ethereum's nearly three-year bullish trend may be over, with the focus shifting to deeper losses, which could fall to support near the September-October 2023 lows, around $1,500. Trend lines help visualize the direction in which a trader's money is flowing and where the price is likely to change. Rise or
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The Avalanche Foundation will buy back nearly 2 million AVAX sold to Terra in 2022.

Golden Finance reported that the Avalanche Foundation acquired Terraform for $45.5 million.
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Analysis: Luna 2.0 and low Liquidity assets may not qualify for claims from Terraform Labs.

Golden Finance reports that Terraform Labs has announced plans to open a Crypto Assets loss claims portal on March 31, 2025, with the deadline for submitting claims set for April 30, 2025. Late claims will forfeit the right to compensation. The portal prioritizes API Secret Keys for faster verification; manual evidence may cause latency, however, it is reported that Luna 2.0 and low Liquidity assets (with a $100 threshold) will not be eligible for claims.
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Founder of Bridgewater Capital: The New York State Attorney General's lawsuit against Galaxy Digital is a "purely legal battle"

The lawsuit filed by the New York State Attorney General against Galaxy Digital has sparked controversy. The founder of SkyBridge Capital believes this is a "legal war," accusing the lawsuit against Galaxy Digital of being an abuse of the legal system, with concerns about the specificity of the Martin Act. Scaramucci argues that the legal standard is too low and should not exist, as it could set a precedent for abusive behavior.
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Founder of Bridgewater Capital: New York Attorney General's lawsuit against Galaxy Digital is "purely a legal battle"

The lawsuit filed against Galaxy Digital by the New York State Attorney General has sparked controversy. The founder of SkyBridge Capital believes this is a "legal war" and accuses the lawsuit against Galaxy Digital of being an abuse of the legal system, raising concerns about the specificity of the Martin Act. Scaramucci believes that the legal standard is too low and should not exist, as it could set a precedent for abusive behavior.
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Terraform Labs will open the encryption asset loss claim portal on March 31, with a deadline of April 30.

Terra announced that it will open a portal for claims on encryption asset losses on March 31, 2025, where creditors can submit claims and are required to provide relevant documentation and fill out forms. The deadline is April 30, and late submissions will not be accepted. Creditors can contact Kroll Restructuring Administration via email for assistance.
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Tai Mo Shan Ltd., a subsidiary of Jump Trading's Cryptocurrency Division, has agreed to pay $123 million to settle charges by US regulatory agencies.

Golden Finance reported that Jump Trading's cryptocurrency division, Tai Mo Shan Ltd., has agreed to pay $123 million to settle allegations by US regulators of misleading investors about the stability of the TerraUSD Algorithm stablecoin. The U.S. Securities and Exchange Commission said in a statement on Friday that the company also resolved charges of violating securities laws when underwriting TerraUSD's sister token Luna. Tai Mo Shan neither admitted nor denied the allegations when agreeing to the settlement. TerraUSD was supposed to achieve a constant value of $1 through a complex algorithm involving Luna and trader incentives. However, the US Securities and Exchange Commission stated that in reality, Tai Mo
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Terra: Shuttle Bridge has been reopened, users need to redeem their assets as soon as possible before the deadline.

Terra's new Shuttle Bridge interface has been opened, and users can transfer LUNC and USTC assets from the Ethereum mainnet, BNB chain, and Harmony network back to Terra Classic. The bridge will be open from now until 30 days after the effective date of the bankruptcy plan. Users should redeem their assets as soon as possible, as the assets in the contract will be destroyed after the bridge is closed.
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Beosin: Analysis of the Causes of the Terra Chain Incident Vulnerability

According to Beosin Alert monitoring, Terra Chain has been attacked due to an IBC vulnerability and is temporarily suspended. The attacker successfully minted and transferred 60 million ASTRO, 3.5 million USDC, 500,000 USDT, and 2.7 BTC. The vulnerability was disclosed in April this year, but Terra has not fixed it.
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Astroport contributors are collaborating with other chain and Cosmos builders to determine the steps to be taken

On July 31st, Astroport, a decentralized trading protocol, stated that Terra chain has been temporarily suspended due to an emergency upgrade. It appears that someone has taken advantage of the IBC vulnerability to mint a number of tokens on the Terra on-chain, including ASTRO. As the chain has now been halted, it is currently not possible to mint any more tokens. Astroport contributors are working with other chains and Cosmos builders to determine the necessary actions.
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Golden Finance reported that according to market data, LUNA briefly broke through $0.6 and is now priced at $0.5933, with a 24-hour increase of 10.4%. In addition, LUNC briefly broke through $0.000109 and is now priced at $0.000108, with a 24-hour increase of 8.42%. The market fluctuation is significant, please manage the risks.
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Golden Finance reported that the Terra Foundation Luna Foundation Guard (LFG) tweeted that in order to enhance the security of funds, they are preparing to transfer the assets stored in the LFG multi-signature wallet to a direct custody solution in the next few days. To maintain transparency and traceability, LFG funds can continue to be tracked on the LFG reserve dashboard.
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