As Terraform Labs (TFL) gears up for its much-anticipated Chapter 11 bankruptcy hearing starting today, the crypto market is bracing for a potential plot twist.

Terra is one of the fastest-growing ecosystems, and LUNA is a central notion in its network. LUNA could keep going up to a maximum price, as there is a massive market for Terra LUNA coins. Recently, Terra Luna Classic (LUNC) is on the brink of a potential 50% price surge, aiming for $0.

The Terra Luna Classic price has been gradually increasing over the last month and a half, showing the project's potential to regain previous yearly highs. Today is a crucial day for the Terra Luna Classic community as it awaits the Chapter 11 bankruptcy hearing.

LUNC News: Terra Luna Classic successfully completed the v3.1.5 upgrade offering improvements including a critical security fix for wasmd, improved transaction efficiency, and preparedness for Tax2Gas implementation. The world's largest crypto exchange Binance expressed support for the Terra Luna Classic security upgrade.

Binance announces support for the Terra Classic (LUNC) network upgrade, affecting deposits and withdrawals temporarily on September 18, 2024.

The team of developers that took over from the Terra Luna Foundation to build a robust web3 ecosystem has made significant strides in the Terra Luna Classic (LUNC) network.

Unpacking the forthcoming reshaping of Terra Luna Classic's governance module: a necessary step against spam?

Aptos (APT) price, a layer 1 cryptocurrency, is currently exhibiting an upward trajectory in its market trends. The APT price movement has entered a bullish phase, showing a noticeable recovery recently.

TL;DR Stacks Launches sBTC on Aptos Network: The integration of sBTC, a 1:1 Bitcoin-backed asset, will enable its use on the Aptos blockchain. Benefits for developers: Aptos will allow developers to use the Move programming language to build decentralized applications with Bitcoin.

The Terra Luna Classic community has unveiled a proposal, that appears to have fueled optimism among market participants. The proposed upgrade aims to correct a major issue that was implemented mistakenly in a previous upgrade.

Aptos Foundation has announced that Stacks, the Bitcoin Layer 2 protocol, will integrate Bitcoin into the Aptos ecosystem.

The integration of sBTC into Aptos could significantly expand Bitcoin's utility, enabling its use in diverse decentralized applications and smart contracts. The post Stacks to bring Bitcoin to Aptos network through sBTC integration appeared first on Crypto Briefing.

The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.

The integration "instantly makes Bitcoin highly capable beyond a store of value," said an Aptos exec.

The integration allows Aptos developers to incorporate Stacks' sBTC into dApps and other real-world applications.

Terra Classic (LUNC) price is experiencing a downturn after several weeks of market recovery. This decline coincides with a broader downward movement in the cryptocurrency sector.

Bitcoin Frontier Fund, the Stacks Foundation, and Tokensoft have announced a partnership aimed at helping Bitcoin-based startups launch more quickly and efficiently. The collaboration will bring Tokensoft's resources and expertise to startup founders building on Bitcoin, particularly those participating in programs like the N21 accelerator and Bitcoin Frontier Fund's startup accelerator.

The partnership enhances support for Bitcoin builders, streamlining compliance and accelerating project launches, fostering innovation in the ecosystem. The post Tokensoft partners with Stacks Foundation and Bitcoin Frontier Fund to accelerate Bitcoin builders appeared first on Crypto Briefing.

Terra Luna Classic popular member and validator Vegas Morph has unveiled a proposal to repeg USTC to $1. This sparked bullish sentiment in the community, with LUNC price gaining further upside momentum after rising 15% in a week.

DIA's decentralized price oracles provide Stacks with transparent and dependable data. Developers now have free access to price feeds, which improves Stacks' DeFi ecosystem.

Montenegro's Supreme Court is reportedly set to decide by the end of this month whether the extradition process of Do Kwon involved legal violations.

STX experiences a 15.68% surge in the last seven days, leaving analysts excited for a 140% increase to $3.78.

Terra Classic's breakout potential strengthens with technical indicators and growing on-chain activity.

The Stacks Asia Foundation will play a crucial role in advancing Bitcoin's decentralized finance (DeFi) capabilities through Stacks' Layer-2 solutions.

DIA, a decentralized oracle network focusing on customizable market data feeds, has joined forces with the Stacks (STX) ecosystem, based on the most recent data shared with Finbold on Wednesday, September 11.

The U.S. Securities and Exchange Commission (SEC) hit cryptocurrency entities with record fines in 2024, highlighting the growing financial risk for companies that fail to comply with regulatory standards. What happened: According to a study released by cryptocurrency analytics firm Social Capital Markets, the regulator has issued over $7.42 billion in fines since 2013, with $4.68 billion, or around 63%, coming this year alone.

The grandiose LUNC burn stems from SEC's ruling that TerraForm must cease operations and get rid of their digital assets.

Terraform Labs' $4.47 billion fine in 2024 has already helped this year become the record year in terms of total financial penalties.

The LUNA and LUNC price rallied nearly over 14% and 9% today, respectively, gaining notable traction from the investors. Meanwhile, the robust rally has also left many investors looking for potential reasons behind the surge.

Bitcoin layer-2 Stacks witnessed 1,400 smart contract deployments month over month, as its soon-to-be-effected Nakamoto upgrade will reduce its transaction confirmation time to seconds.

In a recent interview, President Jakov Milatović of Montenegro accused Prime Minister Milojko Spajić of lying about his knowledge of Do Kwon, the controversial co-founder of Terraform Labs, during a pivotal moment surrounding Kwon's arrest in Podgorica.

Stacks, the Bitcoin Layer-2 protocol, has achieved a new high in smart contract deployments, with a 30% month-over-month increase. This growth reflects the ongoing efforts of developers to enhance the Bitcoin ecosystem, making Bitcoin a more productive network.

Terra Luna Classic community awaits massive USTC and LUNC burn by Terraform Labs (TFL) as per the Chapter 11 bankruptcy and court order in the U.S. SEC case. While the actual amount of Terra ecosystem tokens to be burned remains uncertain, Terra Classic members claim it's over 1 billion USTC and 275 billion LUNC tokens.

Stacks, a Bitcoin L2 smart contract platform, deploys over 1400 smart contacts ahead of Nakamoto's upgrade full activation.

Stacks hit a record of over 1,400 monthly smart contract deployments ahead of the Nakamoto upgrade, which is set to revolutionize Bitcoin DeFi and scalability.

Luna Classic continues to garner support within the crypto community as many aim for a price surge. However, chances of this appear unlikely as several catalysts to the price surge are absent from the ecosystem.

Genuine Labs addressed internal fights as the main reason behind the delay of the Tax2Gas proposal's implementation.

LUNC News: Terra Luna Classic core developer on Friday said it has completed work on Tax2Gas, an upcoming major upgrade that will boost the network as well as LUNC price. The core developer added that the expected date of the upgrade is still unclear unless satisfaction in testing on rebel testnet.

The new token will accrue yield for holders generated by Babylon, while still tracking BTC's price.

TerraForm Labs owned crypto wallet sends 1,075 Bitcoins to a new address, while Do Kwon remains stuck in Montenegro.

Digital asset bank Anchorage has taken a major step in expanding its institutional custody services into the Bitcoin layer-2 ecosystem through a partnership with Stacks.

On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2.

Amid Terraform Labs' ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin.

Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.

Stacks struggles to stand on level ground as it continues to fall despite the market's attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours.

After weeks of downward pressure on its value, the Terra Classic (LUNC) price has started to show signs of recovery. This upward movement comes as other cryptocurrencies begin to recoup their recent losses.

Terra Luna Classic's centralization issues under the microscope: can validators set up a secondary node?

Crypto exchange Binance's LUNC burn in total reached nearly $65 billion as the exchange burned another 1.19 billion Terra Classic tokens. Terra Classic price in spot and derivatives markets has failed to bounce this time amid a broader crypto market selloff and debates on chain rule violations by some validators.