$LUNC LFG burned 22% of total supply of $USTC and 211M $LU | Murad Aliyev on Binance Square

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$LUNC 
LFG burned 22% of total supply of $USTC and 211M $LUNC earlier today. 
Huge burns are still to come while community building! 
#LUNCcommunity #LUNC #BTC #USTC #Binance     

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Study: #TerraUSD Crash Caused by Coordinated Trading Attack Researchers have found new evidence that the $3.5 billion TerraUSD and $LUNA crash in 2022 was likely caused by a coordinated trading attack. Instead of normal market activity spread across many traders, just a few controlled nearly all trading right before the collapse. This pattern suggests a planned effort to crash the system. The team used a method called temporal multilayer graph analysis to study trading behavior on Ethereum. Their data showed that five or six traders acted in sync, each holding almost the same market share — too precise to be random. They developed the tool with Pometry, a spin-out from Queen Mary University of London. The study was published in ACM Transactions on the Web by Cheick Tidiane Ba, Ben Steer, Matteo Zignani and Richard Clegg. #LUNC #USTC #LUNCcommunity #Binance

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Over the past month, both Terra Luna Classic ( $LUNC ) and Ethereum ( $ETH ) have experienced declines in their market values. Terra Luna Classic (LUNC): •March 2025: LUNC’s price decreased by approximately 3.57%, starting at $0.00006749 and closing at $0.00006508. •April 9, 2025: LUNC is trading at approximately $0.00005554. This represents a further decline of about 14.6% since the end of March. Ethereum (ETH): •March 2, 2025: ETH was trading at approximately $2,213.99. •April 9, 2025: ETH is priced at about $1,483.35. This indicates a decrease of approximately 33% over the past month. #LUNC #ETH #USTC #Binance #LUNCcommunity.

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WHILE EVERYONE SELLING WE ARE KEEP ACCUMULATING #LUNC & #USTC 🚀🚀🚀 $LUNC $USTC

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The question of whether FTX was involved in the Luna/UST depeg and crash in May 2022 is a complex one, with no definitive proof but plenty of speculation and some circumstantial evidence floating around. Here’s what we know: The Terra ecosystem, with its algorithmic stablecoin UST and native token Luna, collapsed spectacularly when UST lost its $1 peg, triggering a death spiral that wiped out around $40 billion in market value. This started around May 7, 2022, when massive sell-offs of UST—over $2 billion unstaked from the Anchor Protocol—kicked off a panic. Luna’s price tanked from $80 to fractions of a cent as the system’s mint-and-burn mechanism failed under pressure. Now, where does FTX fit in? After FTX’s own collapse in November 2022, U.S. prosecutors reportedly started looking into whether Sam Bankman-Fried (SBF), FTX’s founder, and his hedge fund Alameda Research might have played a role in Terra’s downfall. The theory is that they could have manipulated markets to profit from the crash, possibly through shorting Luna or orchestrating trades that destabilized UST. Some on-chain whispers—like claims from crypto analysts on X—suggest FTX and Alameda pulled large amounts of UST from liquidity pools (e.g., $200 million each with Celsius) at a vulnerable moment, potentially accelerating the depeg. Do Kwon, Terra’s founder, even pointed fingers, alleging Alameda sold 500 million UST in February 2021 to drain Curve pools and later shorted Bitcoin to weaken Luna Foundation Guard’s reserves during the May crash. But here’s the rub: there’s no smoking gun. Investigations were in early stages as of late 2022, and no conclusive findings have pinned FTX as the mastermind. Blockchain analytics like Nansen’s May 2022 report argue the depeg wasn’t a single-player attack but a cascade of events—big swaps on-chain (e.g., 85 million UST for USDC on May 7) and poor liquidity on centralized exchanges like Binance and FTX. #LUNC #USTC

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Wanchain and USTC collaboration benefits: 1. Breakthroughs in Cross-Chain Scalability USTC’s expertise in high-performance computing and algorithm optimization could help Wanchain address scalability bottlenecks in cross-chain transactions. This might result in faster, more efficient bridges between blockchains like Ethereum and Polkadot, enhancing Wanchain’s throughput. 2. Advancement of Decentralized Identity Solutions Combining USTC’s research in secure data systems with Wanchain’s decentralized infrastructure could lead to innovative self-sovereign identity (SSI) protocols. These could enable secure, privacy-preserving identity verification across multiple blockchains, benefiting sectors like healthcare or finance. 3. Integration of Quantum-Resistant Blockchain Features With USTC’s leadership in quantum technology (e.g., its quantum communication projects), a collaboration could pioneer quantum-resistant cryptographic methods for Wanchain. This would future-proof Wanchain’s ecosystem against quantum computing threats, a growing concern in blockchain security. 4. Development of Green Blockchain Technologies USTC’s work in energy-efficient systems and renewable energy research could inspire Wanchain to reduce the environmental footprint of its blockchain operations. This might involve optimizing consensus mechanisms or integrating energy grid data, aligning with global sustainability goals. 5. Access to Government and Industry Networks USTC’s connections with Chinese government bodies and state-owned enterprises (e.g., its State Grid ties) could open doors for Wanchain to pilot blockchain projects in regulated sectors. This could accelerate adoption of Wanchain’s technology in areas like supply chain tracking or digital currency infrastructure. $LUNC $USTC #LUNC #LUNCcommunity #USTC #Binance

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