LUNC

Terraform Labs Founder Do Kwon Granted a Second Bail in Montenegro

June 5, 2023 2 mins read

A branch of the Podgorica District Court in Montenegro has approved a second bail request for Do Kwon, the founder, and CEO of Terraform Labs. Kwon and Terra’s former chief financial officer Han Chang-joon were originally granted bail in May for a combined sum of around $856,000. They were released on condition that they did not leave their apartment and continued to attend hearings. However, Montenegro prosecutors appealed the decision

Terra Classic Token (LUNC) Soars 28.59% in Just 24 Hours

June 5, 2023 1 min read

Terra Classic (LUNC), the original chain of the Terra (LUNA) ecosystem, has witnessed a substantial surge in value, offering a glimmer of hope in a period dominated by bearish sentiment. This article explores the recent surge in LUNC’s price and the initiatives undertaken by the LUNC community to enhance the network’s utility. Additionally, it delves into the upcoming v2.1.0 upgrade proposal, which has garnered significant attention and is expected to

Terra Classic Developers Push Back V2.1.0 Upgrade

May 29, 2023 1 min read

The L1 Joint Task Force (L1JTF), a group of developers working on the Terra Classic blockchain, has announced that the v2.1.0 upgrade will be delayed from May 31 to June 14. The delay is due to the need for additional testing. The v2.1.0 upgrade is a major update that will introduce a number of new features to Terra Classic, including: The L1JTF team has been working hard on the v2.1.0