Binance Futures, one of the leading cryptocurrency derivatives exchanges, has announced the closure and delisting of the LUNC Perpetual Contract. The closure will be accompanied by an automatic settlement of all positions, ensuring a smooth transition for traders. This decision is part of Binance’s continuous efforts to optimize its product
Binance, the world’s largest cryptocurrency exchange, will support the “Terra Classic (LUNC) V2.0.1” network upgrade. As the cryptocurrency exchange will halt deposits and withdrawals of LUNC and USTC. According to an official announcement on May 17, Binance would support the Terra Classic V2.0.1 network upgrade. That is scheduled to take
DFLunc, a popular new Terra Classic project, has burnt over 1.6 Billion LUNC tokens in only two weeks thanks to its huge LUNC burn mechanism. In April, the DeFi protocol was released with the intention of burning billions of LUNC tokens at once, which would reduce the inflated circulating supply.
The previous few days have seen the burning of more than 1.5 billion LUNC tokens by an entirely new Terra Classic project, DFLunc that was introduced in April.As part of its monthly LUNC burn process, Binance burned 1.27 billion LUNC on May 1. After Binance, the total LUNC burn was
Cremation Coin, a project on the Terra Classic network, just completed a weekly burn campaign in which it burnt almost 24 million LUNC. As a result of today’s enormous LUNC burn, Cremation Coin has already burned almost 369M LUNC in total. Even if the LUNC burn rate has been going
The South Korean Court has decided that Terra Classic (LUNC), the rebranded native token of the Terra network that spectacularly collapsed last year, is not a security. Apparently, the Seoul Southern District Court found once again on February 16 that “it is difficult to see LUNC as a financial investment
According to reports, Terraport, the newly released Terra Classic DeFi platform created by TerraCVita, has been hacked. On April 10, Terraport Finance stated through a tweet that it had discovered a security hole in the Terraport Liquidity wallet. The group is trying to fix the problem and safeguard the protocol.
Terra Classic is an altcoin founded by Do Kwon and Daniel Shin in the year 2018. There are over 30,411,802.611 TERRA (aka LUNC) staked at the current market value which is approximately $0.0001232. 🚨BREAKING There is currently over $1,000,000+ worth of $TERRA Staked right now at the current price! Let’s
In the eighth round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burned 1.6 billion LUNC tokens. Binance is responsible for 58% of the total LUNC tokens burnt by the Terra Luna Classic community, which is about 52.5 billion. The eighth release of the LUNC
Daniel Shin, one of the co-founders of Terraform Labs, appeared for interrogation at a South Korean court explaining his role in the failure of LUNA/UST. LUNA (now LUNC), the native token of Terra Classic, and UST(now USTC), the algorithmic stablecoin – seemingly collapsed last spring. Daniel Shin Answering on LUNC
