Luna Terra Resumes Block Production, UST and LUNA Price Drops Lower

After halting the blockchain for roughly 10 hours, Luna Terra officially resumed its block production approximately an hour ago, enabling traders to move their LUNA off exchanges and encouraging users to bridge off-chain assets, such as bETH, to their native chains. The tragic turn of events causing thousands of users to lose more than 99% of their portfolio is a historic moment in crypto and a valuable lesson for those investing in projects they don’t fully understand. Luna Terra is Officially Dead There’s no other way to say it. LUNA is officially dead after losing billions of dollars in market

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Is LUNA Dead? Terra Luna Price Drops Below 4 Cents, UST still De-pegged at $0.67

After dropping nearly 99% in the past week from a high of $85 to a low of $1 yesterday, LUNA is the gift that keeps on giving, dropping well below 10 cents today, currently trading at $0.035. Those traders that attempted to buy the dip when LUNA dipped below $1 if they haven’t sold off during the rebound to $4 are now down another 99%. Let’s look at any relevant news regarding LUNA and its now de-pegged stablecoin UST and see why the price continues to drop? What Happened With LUNA and UST? As we reported on May 10th, LUNA’s

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Terra Luna Mirror Protocol – Buy Apple, Amazon, and Google Stocks With Crypto

With President Biden recently signing an executive order regarding cryptocurrencies, the crypto market responded with a sharp drop in response to the potential increase in the government’s involvement with the industry. It’s clear that whenever a government entity involves itself with financial markets, the underlying markets end up suffering immensely. Rather than using traditional brokers and giving away your identity and personal information, dealing with dozens of roadblocks and regulations when it comes to purchasing stocks, why not utilize crypto’s most significant strength of providing consumers with the financial freedom to do with their money as they please? Today we

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