According to CoinDesk's Emily Parker, there are indications of advancement in Do Kwon's home country despite the ongoing impact of Terra's downfall.
LUNA Coin
LUNA Coin latest news, images, analysis about May 27, 2022 · The Terra LUNA coin has fallen from a peak of more than $117 in April 2022 to barely one-hundredth of a cent, sending shockwaves right across the crypto market. The crash of May 2022, a requested burn address, and an entirely new blockchain have led many people to question how it actually works. To have Terra LUNA explained, read on…
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The simultaneous crashes of Terra's UST stablecoin and LUNA fuelled the market-wide fall in May, which investors are currently recuperating from. However, Do Kwon and his team's rehabilitation efforts have restarted LUNA following this upheaval. In addition, its counterpart Terra LUNA Classic, as well as LUNA, have soared in recent days.
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An exploiter was able to drain four synthetic asset pools from the Mirror Protocol due to a bug in the pricing oracle software for Terra Classic validators.
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