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Terra Luna Classic Prepares for Significant v3.0.1 Upgrade By Crypto News Flash June 2, 2024 In a momentous development, Terra Luna Classic is poised to undergo a major upgrade, set to take place at block height 18,303,000. The community and validators alike have rallied behind this pivotal event, signaling their unwavering support. The Countdown Begins The countdown is on, and anticipation is building as Terra Luna Classic gears up for its transformative v3.0.1 upgrade. This upgrade promises to elevate the network’s performance, reliability, and security, ushering in a new era of efficiency and resilience. A Collaborative Effort Leading validators—Orion, Interstellar Lounge, and StakeBin—will play a crucial role in this upgrade. Their collective expertise ensures a seamless transition from the old binary to the new one. As the torch passes, the network will emerge stronger, better equipped to handle the demands of a dynamic crypto landscape. What to Expect Enhanced Functionality: The upgrade aims to enhance Terra Luna Classic’s functionality, making it more versatile and adaptable. Robust Architecture: With improved performance and reliability, the network will be better prepared to weather any storm. Community Empowerment: The enthusiastic response from the community underscores the significance of this upgrade. Together, we forge a path toward a more resilient and efficient blockchain ecosystem. Market Snapshot Despite Proposal 12105’s recent rejection, the $LUNC token remains resilient. Over the past 24 hours, its price dipped by 5%, settling at $0.0001105. Simultaneously, trading volume declined by 7%, suggesting heightened trader activity. Meanwhile, the former stablecoin, #USTC, held steady at $0.02179 after a 4% drop. The price range for $USTC in the last 24 hours oscillated between $0.02377 and $0.02152. As the crypto world evolves, Terra Luna Classic stands ready to embrace change, fortifying its position as a beacon of innovation and resilience. #StartInvestingInCrypt #altcoins 🌟 #Megadrop #altcoins #BlackRock

Terra Luna Classic Prepares for Significant v3.0.1 Upgrade

By Crypto News Flash

June 2, 2024

In a momentous development, Terra Luna Classic is poised to undergo a major upgrade, set to take place at block height 18,303,000. The community and validators alike have rallied behind this pivotal event, signaling their unwavering support.

The Countdown Begins

The countdown is on, and anticipation is building as Terra Luna Classic gears up for its transformative v3.0.1 upgrade. This upgrade promises to elevate the network’s performance, reliability, and security, ushering in a new era of efficiency and resilience.

A Collaborative Effort

Leading validators—Orion, Interstellar Lounge, and StakeBin—will play a crucial role in this upgrade. Their collective expertise ensures a seamless transition from the old binary to the new one. As the torch passes, the network will emerge stronger, better equipped to handle the demands of a dynamic crypto landscape.

What to Expect

Enhanced Functionality: The upgrade aims to enhance Terra Luna Classic’s functionality, making it more versatile and adaptable.

Robust Architecture: With improved performance and reliability, the network will be better prepared to weather any storm.

Community Empowerment: The enthusiastic response from the community underscores the significance of this upgrade. Together, we forge a path toward a more resilient and efficient blockchain ecosystem.

Market Snapshot

Despite Proposal 12105’s recent rejection, the $LUNC token remains resilient. Over the past 24 hours, its price dipped by 5%, settling at $0.0001105. Simultaneously, trading volume declined by 7%, suggesting heightened trader activity.

Meanwhile, the former stablecoin, #USTC, held steady at $0.02179 after a 4% drop. The price range for $USTC in the last 24 hours oscillated between $0.02377 and $0.02152.

As the crypto world evolves, Terra Luna Classic stands ready to embrace change, fortifying its position as a beacon of innovation and resilience.

#StartInvestingInCrypt #altcoins 🌟 #Megadrop #altcoins #BlackRock

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Terraform Labs’ Settlement Proposal: A New Chapter for #LUNC In a significant development, Terraform Labs is reportedly poised to offer a settlement amounting to approximately $200 million for CEO Do Kwon. This move comes as part of a broader settlement proposal, where Terraform Labs is prepared to allocate a staggering $4.47 billion to address outstanding liabilities. The cryptocurrency community eagerly awaits the decision of Judge Rakoff, whose approval of this agreement could mark the beginning of a transformative era for $LUNC. This proposed settlement has the potential to turn the page on previous challenges, ushering in a fresh start for the token and its holders. Stay tuned as we continue to monitor this evolving story, which could have far-reaching implications for the future of $USTC , $LUNC , and $LUNA . #BTC #bitcoin #ETHETFsApproved #TopCoinsJune2024
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$LUNC 🔥📈 Latest Developments in Terra Luna Classic and SEC Case Against Terraform Labs Legal Updates Terraform Labs and its CEO, Do Kwon, have recently reached a tentative settlement with the U.S. Securities and Exchange Commission (SEC). This settlement follows charges from the SEC accusing them of defrauding investors through the TerraUSD (UST) stablecoin and other crypto asset securities. Initially, the SEC sought $5.3 billion in fines, but the final settlement details are still pending court approval. Do Kwon, who was arrested in Montenegro for using falsified travel documents, remains entangled in legal battles and faces potential extradition to either the U.S. or South Korea. The settlement agreement with the SEC has provided some relief to the Terra ecosystem tokens, with LUNA and LUNC showing positive price movements following the news. Market Impact The news of the settlement has had a noticeable impact on the market. Terra Classic (LUNC) and Terra (LUNA) saw significant gains. LUNC’s price increased by approximately 15% shortly after the settlement announcement, reflecting renewed investor confidence. This surge is part of a broader positive trend for Terra ecosystem tokens, with LUNA also experiencing a notable price increase. Despite these gains, the market remains cautious due to ongoing legal uncertainties. The broader cryptocurrency market has been experiencing fluctuations, influenced by various factors including regulatory developments and market sentiment. #altcoins #ETHETFsApproved #FIT21 #bitcoin #FIT21
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🚨 BREAKING NEWS: Terraform Labs and Do Kwon Reach $4.47 Billion Settlement with SEC 🚨 In a groundbreaking resolution, Terraform Labs and its founder, Do Kwon, have consented to a monumental $4.47 billion settlement in their ongoing litigation with the Securities and Exchange Commission (SEC). This landmark agreement signifies a pivotal moment in the regulation of the cryptocurrency sector and delivers a resounding message to other entities within the industry. The $SEC had charged Terraform Labs and Do Kwon with breaching securities laws by offering unregistered digital assets and disseminating false and misleading information to investors. Additionally, the company faced allegations of market manipulation and insider trading. The $4.47 billion penalty stands as one of the most substantial fines ever levied by the SEC and is poised to have a significant impact on the cryptocurrency landscape. It serves as a stern warning to other companies about the necessity of adhering to securities regulations or facing severe repercussions. As part of the settlement, Terraform Labs and Do Kwon are required to relinquish all ill-gotten gains and pay prejudgment interest. Furthermore, the company must implement extensive reforms to its business practices and governance structure to avert future violations. This case underscores the critical role of regulatory oversight in the cryptocurrency industry and the imperative for companies to operate with transparency and integrity. As the industry continues to evolve, it is essential for companies to comply with legal standards and prioritize the interests of their investors. #FIT21 #Metaverse #ETHETFsApproved #altcoins #bitcoin
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• Tether to Invest More Than $1 Billion in Deals Over Next Year • Billionaire investor Bill Miller published a blog post titled 'Why I’m Still Betting on Bitcoin' • Meme Coin Trader Turns $6758 Into $4.2 Million In Less Than Four Months • Andrew Tate delivers harsh message to crypto traders • Mark Cuban Believes Crypto Will Play Decisive Role in 2024 Presidential Election #altcoins #BTC #bitcoin #Metaverse #Metaverse
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🚀 Revolutionary Investment Opportunity: Introducing $BTTC on Binance! Attention traders! Binance has just listed a groundbreaking token: $BTTC (Binance Tokenized Tesla Coin). This innovative token offers a unique way to invest in Tesla, one of the world’s most pioneering companies, without directly purchasing stocks. With $BTTC, you can tap into the immense potential of the automotive and tech industries like never before. This is your chance to be part of Tesla’s growth and profit from fluctuations in its stock price. Don’t miss out on this incredible opportunity! Get your $BTTC on Binance today and stay ahead of the curve! 🚀 #IOprediction #altcoins #bitcoin #ETHETFsApproved
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