Binance has burned 796 million Terra Classic (LUNC) tokens as part of its 13th LUNC burn batch. So far, the crypto exchange has burnt approximately 37 billion LUNC, while the community as a whole has burned over 74 billion LUNC. According to the transaction details on September 1st, the exchange
In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
Binance, the world’s largest crypto exchange, has announced its support for the Terra (LUNA) network upgrade. The Terra community has successfully passed the on-chain proposal for the Phoenix software upgrade v2.4, with a majority of votes in favor of the upgrade. As a result, the price of LUNA has witnessed
ClassyCrypto, the operator of the Terra Luna Classic validator Classy’s Sphere, hopes that by burning billions of LUNC tokens, he will restore validator burns and put the LUNC price back up to $1. ClassyCrypto has declared that, until the end of the year, it would spend all of its validator’s
Binance has completed the eleventh batch of the LUNC burn mechanism, burning 2.65 billion Terra Classic (LUNC) coins. So far, the crypto exchange has burnt over 35.5 billion LUNC, while the community as a whole has burned over 68 billion LUNC. The recent burn by Binance instantly elicits a 3%
In Q3, the Joint L1 Task Force (L1TF), which is responsible for developing the basic infrastructure of Terra Luna Classic, submitted a new proposal to continue the network’s development and maintenance. The L1TF development team primarily aims to use the market module to improve and speed up LUNC and USTC
Binance, the largest cryptocurrency exchange in the world, said on Wednesday that it would support the major v2.1.1 update to the Terra Classic (LUNC) network after its users voted in favor of Proposal 11561. It will make the blockchain competitive with other Cosmos chains like Terra 2.0. As a result,
In an exciting turn of events, Terra Classic (LUNC) has demonstrated remarkable resilience against building selling pressure, leading to a substantial recovery in its value. At the time of writing, the cryptocurrency experienced a notable surge, with LUNC trading up over 4% at $0.0000953. This surge also marks a significant
Staking in Terra Luna Classic (LUNC) has achieved a new record high of 1 trillion. Since last year, when a team of developers lead by professor Edward Kim introduced staking to Terra Classic, the community has been patiently waiting for this momentous accomplishment. Around a trillion LUNC, or roughly $100
Terra Classic (LUNC) reawakens in trend and marks a change in its trajectory in the crypto market. Remarkably, the 30% surge by LUNC on Sunday initiated the community’s bullish hype. Besides this, the cryptocurrency attained the max peak in terms of its 24-hour trading volume in the past four months.
