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Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

Binance, the world's largest crypto exchange, has conducted its 11th batch of the Terra Classic (LUNC) burn mechanism, resulting in the burning of 2.65 billion LUNC tokens. The total LUNC tokens burned by Binance now exceed 35.5 billion, while the community's burn surpasses 68 billion. Traders have reacted positively to the

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LUNC developers submit proposal for liquid staking on Quicksilver

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Terra Luna Classic (LUNC) developers have submitted a joint governance proposal to the community and validators that will introduce liquid staking derivatives with the Quicksilver network. The proposal incorporates multiple interchain account (ICA) host message types for

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South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security – Bitcoin News

Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent enforcement

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