Initiating staking for LUNC was a long overdue move, and the crypto community has embraced KuCoin’s initiative. After delegating 48 billion LUNC in January 2023, the cryptocurrency exchange has brought back its staking function. After 47.9 billion $LUNC were allocated, KuCoin may rejoin the LUNC chain as a validator, giving
On Monday, Binance, the biggest cryptocurrency exchange in the world, said that it will be supporting the Terra Classic (LUNC) upgrade. At block height 11,543,150, the Terra Classic (LUNC) network will be upgraded, likely on February 14th. Proposal 11310 is a part of the Joint L1 Task Force development group.
The price of Tera Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, surged dramatically as the global cryptocurrency market witnessed a bullish trend. At the time of writing, LUNC soared over 9.5% in the last 24 hours and is still being supported by buying signal. The year
Amid the pressure to speed up the burn rate, the Terra Classic community has burnt up almost 16 million LUNC tokens in less than a week. In 2023, validators and projects working with Terra Classic want to burn billions of Terra Classic (LUNC) to increase the burn rate. An estimated
The price of the Tera Classic (LUNC) cryptocurrency has risen dramatically after a recent integration with the Interchain Station platform. Jared, the chief developer at Terraform Labs, made the news on his Twitter page. Saying that the renamed Terra network would be working with a number of other blockchains, including
After experiencing a dramatic price surge over the last few days, Terra Classic (LUNC) is currently witnessing a breakout from its rapid price spike. LUNC, one of the leading altcoins in the global cryptocurrency market, has attained a significant price increase recently, registering more than 10%. However, the token has
Binance, the biggest cryptocurrency exchange in the world, has put a hold on burning Terra Classic (LUNC) trade fees until March 2023. This action follows on the heels of the events around the funding proposals for the commodities pool, numbered 10983 and 11111. The crypto exchange will also only burn
Proposal 11168, submitted by Edward Kim and Tobias “Zaradar” Anderson, two main developers of Terra Classic, is now up for a vote. There was a suggestion put out by ex-Terra Rebels developers to join a new team called the “Joint L1 Task Force” to investigate Terra Classic blockchain maintenance improvements
According to a tweet from the platform on Sunday, the Terra Classic casino and Terra Casino (@TerraCasino_io) have burnt over 23 million Terra Luna Classic (LUNC). After transferring 5 million LUNC to the burn wallet on Christmas day, the betting site reached the 23 million LUNC milestone. Note that when
While the global cryptocurrency market is still in a consolidation stage, the price of Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is surging. LUNC continues to be lifted by increased buying pressure. The price of Terra Classic has soared by around 21% in the last
