Terra announced it will launch Luna 2.0 after Luna crashed. They took this decision through a proposal from the Luna Foundation. Moreover, Do Kwon, the founder of Luna, plans to reimburse investors and developers by airdropping Luna 2.0. However, the Luna 2.0 airdrop is attracting scammers who are trying to take advantage of the situation.
The hackers are trying to scam people by creating a Wrapped LUNA 2.0 and sending it to various wallets. They did this by creating an anonymous Ethereum address and sending $WLUNA to public addresses of famous people. The list includes Vitalik Buterin, Justin Sun, and Andreessen Horowitz, among tens of others. Crypto experts believe that the scammers did this to win the trust of the devastated LUNA holders. Once the scammers gain the trust, they can ask people to send crypto to their address and scam them out of their crypto. That being said, be cautious and protect yourself from scammers.
The LUNA 2.0 Airdrop
As most of you may know, the original Terra Blockchain collapsed just weeks ago. However, the founders of Terra are working on a new blockchain, with LUNA 2.0 as its native token. FYI, more than 60% of LUNA holders voted in favor of LUNA 2.0. Such a blockchain is known as a hard fork.
The current LUNA token and Terra blockchain will continue to operate. Nevertheless, they have recently rebranded to LUNA Classic and Terra Classic. The airdrop of LUNA 2.0 is going to occur on the 28th of May. According to the proposal, people who own LUNA Classic (LUNC), UST Classic (USTC), and Staked UST (aUST) are eligible to participate in the LUNA 2.0.
Several Cryptocurrency Exchanges Support LUNA 2.0
Cryptocurrency exchanges are actively expressing their support for the new LUNA token. Major exchanges such as Binance, KuCoin, FTX, ByBit, Crypto.com, and HitBTC, publicly announced that they will list LUNA 2.0 and will help with the airdrop.
Nevertheless, not all exchanges are publicly supporting LUNA 2.0, nonetheless the airdrop. One instance is Korbit; this cryptocurrency exchange announced that it is going to delist LUNA. Another instance is UpBit; this exchange stated that it will not support the LUNA 2.0 airdrop. A major player in this market, Coinbase, has also announced that it might not support the new Terra blockchain.
