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Tag: KuCoin

KuCoin Highlights Reasons For Undelegating The 48B LUNC. Here’s Why
Blockchain

KuCoin Highlights Reasons For Undelegating The 48B LUNC. Here’s Why

The recent development revealed that the Seychelles-based crypto exchange, KuCoin, gave reasons for undelegated its 48B LUNC staked. Reason KuCoin Undelegated LUNC Staked The exchange stated that the reason behind the undelegation was a result not of the change from the pledge node of its internal financial account, it also reassure the users that it will re-delegate the tokens. The above update came some days following the news of undelegating the 48 billion LUNC tokens which threw the community including the investors into confusion. Read Also: SEC's Claim Prompts Ripple Community's Responses Including Ripple Counsel Stuart. Detail https://twitter.com/KuCoinUpdates/status/1610938001932308480 This information was revealed by the giant crypto exchange via its official...
Binance And KuCoin Exchanges Make The Total LUNC Burn To Hit Over 70 Million Point
Cryptocurrency

Binance And KuCoin Exchanges Make The Total LUNC Burn To Hit Over 70 Million Point

There has been a lot of burning following the launching live of the LUNC 1.2% tax burn. For instance, the exchanges like Binance and KuCoin have greatly spiked the total LUNC burn after its live launch to over 70 million points. Although the Binance exchange only implement the proposal on deposit and withdraw only and surprisingly, the most burn came from the KuCoin as the Binance recently implemented the change. The figure above compares to just 18 million tokens burnt in the 13 hours before. Read Also: Dogechain Launches Dogegress, The Dedicated Decentralized Governance Platform For Dogechain Projects Binance To Bring Another Surge In The LUNC Burn As stated by WhaleClubs, a LUNC influencer account, displayed a screenshot that suggests possible congestion on the exchange as ...