Worries have been made concerning an increase in spam after the drop in Luna Classic (LUNC) pricing, and the Terra Classic community is now voting on numerous suggestions. The proposed change would demand a deposit of 5 million LUNC instead of the current 1 million LUNC, which might lead to
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
The algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, TerraUSD Classic (USTC), is on a meteoric rise today, demonstrating a tremendous upsurge of interest in the stablecoin. CMC reports a 24-hour increase in value of 20.18% for the stablecoin TerraUSD Classic, which now stands at $0.01803. The overnight purchasing momentum
The community pool fund at Terra Luna Classic has reached a dangerous low after three expenditure requests were approved by the community. The community no longer has enough money to pay for the further growth and upkeep of the network after seeing their total funds fall from 2.37 billion LUNC
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
The request to upgrade to v2.1.0 Parity put out by the core development group Joint L1 Task Force (L1TF) was unanimously approved by the Terra Classic community. Now that the plan has been approved, on June 14 the L1TF will update the chain, drastically altering Terra Classic in the process.
The proposal for the upgrade to v2.1.0 of Terra Classic was issued by the Joint L1 Task Force (L1TF) for debate and evaluation on Commonwealth. Since the Terra Classic community gained control of the blockchain in May of last year during the Terra-LUNA dispute, this is one of the most
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
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
On Saturday, the Joint L1 Task Force, a group of Terra Classic (LUNC) developers, shared their Q2 plan, including the timeline for upcoming network enhancements, governance suggestions, and more. The development team is aiming to implement the Cosmwasm v1.1.0 update (parity) in May. It will let projects and builders on
