Tag: LUNC

Terra Tokens LUNA, USTC, LUNC Rocket on Bitcoin Linking and Burn Program

Terra Tokens LUNA, USTC, LUNC Rocket on Bitcoin Linking and Burn Program

Several tokens tied to the two Terra ecosystems – Terra 2.0 and Terra Classic – more than doubled over the past week, extending year-to-date gains to [...]
Terra’s USTC and LUNC Crypto Tokens Skyrocket on BTC-Based Comeback Plan

Terra’s USTC and LUNC Crypto Tokens Skyrocket on BTC-Based Comeback Plan

LUNC is up roughly 60% this week, including a nearly 20% rise over the past 24 hours, CoinDesk data shows. USTC, meanwhile, has almost quadrupled in p [...]
Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

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 2.6 [...]
Terra Classic Revival Plans Continue as ‘Six Samurai’ Aim to Revive LUNC Ecosystem

Terra Classic Revival Plans Continue as ‘Six Samurai’ Aim to Revive LUNC Ecosystem

“LUNC has limitless upside potential, and we want to help realize it by leveraging our skills to bring value to the blockchain and all its investors i [...]
1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

1 year after $11M LUNC bets; Do Kwon wanted, funds paid, hedge stuck on FTX

Approximately one year prior, on Mar. 14, 2022, cryptocurrency trader GiganticRebirth (GCR) invited the then co-founder of CEO of Terraform Labs, Do K [...]
Can Terra Classic (LUNC) Recover after Massive Losses?

Can Terra Classic (LUNC) Recover after Massive Losses?

Terra Classic (LUNC) is a major loser today in a cryptocurrency market that is trending bearish. The LUNC coin is down 14.11%, bringing its rate to $0 [...]
Binance burns $1.8M in LUNC trading fees following community proposal

Binance burns $1.8M in LUNC trading fees following community proposal

Cryptocurrency exchange Binance has announced it completed the first burn of Terra Classic tokens’ trading fees in response to a community proposal fr [...]
Binance to burn all LUNC trading fees following community feedback

Binance to burn all LUNC trading fees following community feedback

To support the Terra community’s efforts to revive the Terra LUNA Classic (LUNC) token, crypto exchange Binance announced an off-chain burning mechani [...]
LUNC investors react to CZ’s 1.2% trading tax recommendation on Binance

LUNC investors react to CZ’s 1.2% trading tax recommendation on Binance

The infamous collapse of the Terra ecosystem, which erased market prices of TerraUSD (UST) and LUNA tokens, continues to trouble anxious investors as [...]
Exchanges criticized for ‘nothingburger PR’ posts on upcoming LUNC tax burn

Exchanges criticized for ‘nothingburger PR’ posts on upcoming LUNC tax burn

As the upcoming Terra Classic (LUNC) burning mechanism gained more hype, some crypto exchanges thought it would be a good idea to express their suppor [...]
Terra Classic (LUNC) Starts off the Month with a Bang

Terra Classic (LUNC) Starts off the Month with a Bang

As September starts up, we expect some cryptocurrencies to move drastically in one direction or another. This is when a lot of investors are making ch [...]
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade

Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade

South Korean crypto investment company Uprise plans to compensate investors for damages incurred during its futures bet on Luna Classic (LUNC) — a tok [...]
Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit

Luna Classic (LUNC) pricing error leads to Mirror Protocol exploit

A mismatch in the reported price of underlying assets on synthetic assets DeFi platform Mirror Protocol has caused an ongoing exploit that has the pot [...]
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