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- Advertisement - The team behind the game has also confirmed plans to implement on-chain tax burns. - Advertisement - Garuda the Protector, an upcoming play-to-earn (P2E) game project, will launch on the Terra Classic blockchain in the second quarter of this year. The move is expected to introduce more utility to the network on its journey to revival. Garuda Nodes recently introduced the upcoming project with a mission to support the Terra Classic community through project building and token burns. # LUNC community The next Game project in # LUNC blockchain : Garuda The Protector Will be released on Q2-2023 Mint your #NFT Garuda in https://t.co/GAzLEcReaY as a character in this #PlayToEarn game#LUNACLASSIC #LuncBurn #NFTCommunity #NFTProjects #NFTGame #gamedev # LUNC usdt pic.twitter.com/uaSAh4X1MT — Garuda Nodes (@GarudaNodes) February 16, 2023   Garuda Nodes has called on community members to mint their Garuda (a playable character in the game) at Miati.io – a notabl...

Joint L1 Task Force project manager  LuncBurnArmy has asked Dapp owners or Dapps having any sealed smart contract to reach out to developer Fragwuerdig for any assistance regarding the CosmWasm parity upgrade. advertisement #LuncArmy: If you are a dApp owner and have any 'sealed' smart contracts within your application, please reach out to @frag_dude to talk about the v2.1.0 upgrade. Also, please read the following article where we explain the upgrade / migration process!https://t.co/7B9zx4ICot — 🔥LuncBurnArmy🔥 (@ LUNC burnarmy) May 29, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read ...

CoinGape Media earlier reported that Terraform Labs, co-founded by Do Kwon and Daniel Shin, transferred 1.8 million Convex Finance (CVX) tokens worth nearly $8.7 million. advertisement Terra’s Do Kwon Withdraws 2.15 Million Worth USDT and LUNC Stablecoins worth $400,000 and Terra Classic (LUNC) worth $150,000 were withdrawn from wallets reportedly managed by Terra co-founder Do Kwon, reported KBS News on May 18. The withdrawals came before the Montenegro court accepted 400,000 Euro ($436,000) per person bail for Do Kwon and former CFO Han Chang-joon on May 12. Both will remain under house arrest until the court proceedings are completed on the passport forgery case and followed by the extradition case. The Montenegrin prosecutor’s office has appealed the court’s decision granting Do Kwon ’s bail application citing flight risk as the bail amount is far less as compared to their assets. The withdrawals are taking place as South Korean prose...

Earlier this week, it was reported that Ex- Terra executive Shin Hyun-seong, aka Daniel Shin, had been ordered by South Korean prosecutors to attend an investigation for unfairly making gains by selling LUNA [now LUNC ] tokens. Shin, as such, was pinned for “storing LUNA tokens which had been pre-issued without notifying regular investors and then allegedly earning profits over 140 billion Korean won when he sold the tokens at a high point.” The value of the same roughly translated to $105.52 million. Read More: Ex- Terra Exec made $105.52M Profit by selling LUNA : Probe underway Shin allegedly traded 70% of LUNA before price pump On November 17, Shin appeared before the prosecution and stated that he had a considerable amount of LUNA tokens at the time of the crash. He further denied selling tokens when LUNA was hovering around its highs. Per a local media report, “Shin is said to have made a statement to the prosecution to the effect that “more than...

Terraform labs co-founder Shin Hyun-Seung, aka Daniel Shin, has reportedly been ordered by South Korean prosecutors to attend an investigation this week for unfairly making gains by selling LUNA [now LUNC] tokens. A prosecutor from the Seoul Southern District Prosecutors’ Office confirmed with crypto media house Forkast that Shin was pinned for “storing LUNA tokens which had been pre-issued without notifying regular investors and then allegedly earning profits over 140 billion Korean won when he sold the tokens at a high point.” The value of the same stood at $105.52 million at press time. Notably, prosecutors consider this transaction as “fraudulent” and as a “violation” of the local capital markets law. Earlier, South Korean authorities had also been investigating if Terra ecosystems’ tokens projected characteristics of securities. The Seoul Southern District Prosecutors’ Office was judging the securities properties of LUNA by referr...