Tuesday, March 21, 2023
Bitcoin - Altcoin News
No Result
View All Result
  • Login
No Result
View All Result
Bitcoin News
No Result
View All Result
Home News Altcoin News

LUNC News: Terra Classic FUD Continues As Top Developer Shut Downs Validator

news by news
December 23, 2022
in Altcoin News, News, Terra, Terra Classic
0
LUNC News: Terra Classic FUD Continues As Top Developer Shut Downs Validator
0
SHARES
69
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Did Circle Get A $3 Billion Credit Line From Coinbase To Get USDC Back To $1?

Top Crypto Projects With Upcoming Upgrades You Should Be Aware Of In 2023

Terra Classic lunc

Terra Classic developer Vegas on Friday said he is shutting down his validator node “Vegas Validator” and quit working on Terra Classic (LUNC) developments after delivering the Rebel Station wallet.

Earlier this week, Terra Classic core developers Edward Kim and Tobias “Zaradar” Anderson quit Terra Rebels, the developer group behind Terra Classic burn tax and staking. Later, Zaradar revealed that he will be working in a new developer team.

Terra Classic Developer Vegas Shutting Down Validator

Terra Classic developer Vegas on December 23 suddenly announced closing his validator node “Vegas Validator”. Moreover, he instructs the Terra Classic community to redelegate their LUNC tokens to a different validator.

He will continue working on two proposals such as Rebel Station that he is involved with before he takes a break from the community. In a conversation with Terra Classic community members on Telegram, he said, “after delivery of the wallet, I’m out of this toxic environment”. He tweeted:

“This community (LUNC) has good and bad ppl, I received bad and good msg. I’m not going to lie is hard. But the good msg show me that this time was not in vain. Thank you all for the support.

However, he will continue to be associated with the Terra Classic community, but didn’t reveal whether he continues to work on Terra Classic developments with Terra Rebels or separately.

Meanwhile, the community seeks answers on $150,000 provided to Terra Rebels as part of the controversial Proposal 11030 to separate Rebel Station from TFL infrastructure. After, the allocation of funds to Terra Rebels reduced the headcount from over 25 to 12. Terra Classic core developers Edward Kim and Zaradar, who were behind the major developments, quit Terra Rebels.

LUNC Price Soars Amid FUD

Terra Classic (LUNC) price fell to the August level amid the FUD related to Terra Rebels. However, Binance completing the second airdrop of Terra (LUNA) tokens to LUNC and USTC holders saw prices rally over 5%.

LUNC price is currently trading at $0.0001383, up nearly 4% from the 24-hour low of $0.0001321.

Also Read: Coinbase To Purchase Terra Classic Tokens In Bulk?

The post LUNC News: Terra Classic FUD Continues As Top Developer Shut Downs Validator appeared first on CoinGape.

Related Posts

Did Circle Get A $3 Billion Credit Line From Coinbase To Get USDC Back To $1?
24/7 Cryptocurrency News

Did Circle Get A $3 Billion Credit Line From Coinbase To Get USDC Back To $1?

March 20, 2023
Top Crypto Projects With Upcoming Upgrades You Should Be Aware Of In 2023
24/7 Cryptocurrency News

Top Crypto Projects With Upcoming Upgrades You Should Be Aware Of In 2023

March 20, 2023
Just-In: Polygon Launches zkEVM-powered Web3 Gaming Network; MATIC Price Surge Ahead?
24/7 Cryptocurrency News

Just-In: Polygon Launches zkEVM-powered Web3 Gaming Network; MATIC Price Surge Ahead?

March 20, 2023
Breaking: Ripple Files New Notice Supporting Fair Notice Defense Against SEC
Altcoin

Breaking: Ripple Files New Notice Supporting Fair Notice Defense Against SEC

March 20, 2023
Breaking: Elon Musk Considers FTX Among World’s Biggest Economic Failures
Altcoin News

Breaking: Elon Musk Considers FTX Among World’s Biggest Economic Failures

March 20, 2023
Solana Price: Major Underlying Trend To Trigger Rally?
Altcoin News

Solana Price: Major Underlying Trend To Trigger Rally?

March 20, 2023
Next Post
Ukranian Man Steals Bitcoins And Donates To Charity

Ukranian Man Steals Bitcoins And Donates To Charity

POPULAR NEWS

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

Bitcoin Price Prediction: On-Chain Data And Analysts Predict More Upside For BTC

December 7, 2022
Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

Crypto Prices Today: Huobi Token, Ethereum, Dogecoin Is Up; Solana Takes A Dip

December 7, 2022
Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

Donald Trump’s NFT Trading Cards Pump 350% In Value Upon Launch

December 17, 2022
Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

Bitcoin Price Today: BTC Rises By Nearly 2% While BlockFi Files For Bankruptcy

December 7, 2022
Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

Breaking: “Guilty” FTX Executive Will Now Cooperate Against SBF In Probe

February 28, 2023

EDITOR'S PICK

Top 3 NFT Tokens To Add Before They Reach $1

Top 3 NFT Tokens To Add Before They Reach $1

December 19, 2022
Crypto Prices Today 14 Dec: The Market Bounces Back; Curve DAO Token Soars By 8.09%

Crypto Prices Today 14 Dec: The Market Bounces Back; Curve DAO Token Soars By 8.09%

December 14, 2022
Top Crypto Losers Today: ImmutableX Falls 9.24%, SOL, SHIB, DOGE down 4.60%, 1.50% and 4.17%

Top Crypto Losers Today: ImmutableX Falls 9.24%, SOL, SHIB, DOGE down 4.60%, 1.50% and 4.17%

December 8, 2022
XRP Price On A Surge As Whales Move 160 Million XRP

XRP Price On A Surge As Whales Move 160 Million XRP

December 8, 2022
Bitcoin - Altcoin News

© 2022 coingger.com

Navigate Site

  • Europe
  • Exchange
  • Elon Musk
  • ETH Price
  • crypto Tax U.S.
  • CZ
  • Crypto Miners
  • BTC Price
  • ChatGPT
  • China crypto
  • Coingecko
  • Binance Smart Chain
  • Bitcoin $100K
  • Airdrop

Follow Us

No Result
View All Result
  • Homepages
    • Home Page 1

© 2022 coingger.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In