LUNC News Archives - Cryptolifedigital

SDK To Integrate Terra Classic Gateway Payments, More Burns Are Coming

15Mar

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

SDK To Integrate Terra Classic Gateway Payments, More Burns Are Coming

The recent development noted that Dan Gerchovich, a community member who developed the software development kit (SDK), businesses want to integrate the Terra Classic payments gateway. The update was revealed by Dan G via his handle yesterday, saying that increased adoption of the solution would lead to increased on-chain volume and Terra Luna Classic burns. Dan said; “… things are finally looking up,” the developer wrote, calling for other businesses and developers interested in crypto payment gateways to contact him. Read Also: Quick Guide On blockchain Gaming https://twitter.com/realArchitectDG/status/1635552843737477120 SDK to integrate LUNC burns soon As It Apdopt Terra Classic Gateway payments The solution is currently designed to work with existing applications, Gerchov...

A Proposal That Will Terminate The Appointment Of Tobias Andersen Has Been Submitted, None Has Voted Yes For It.

7Mar

By CryptolifedigitalNo Comments

Blockchain

A Proposal That Will Terminate The Appointment Of Tobias Andersen Has Been Submitted, None Has Voted Yes For It.

The recent development revealed that a proposal that will allow the Terra Classic community to remove developer Tobias Andersen popularly known as Zaradar, from the recently-formed Joint L1 Task Force has been submitted for voting. According to the allegation laid up against him, saying Zaradar’s presence does not benefit the Terra Classic blockchain. The proposal Is Submitted To Terminate Tobias Andersen's Appointment Proposal 11383, submitted over 19 hours ago as of press time, points out that working on the Terra Classic blockchain goes beyond an individual’s software development skills but also requires professionalism. Read Also: Cremation Coin Burns A Staggering Over 51 Million LUNC In A Single Transaction, Representing The Third Highest Single Burns More also...

Cremation Coin Burns A Staggering Over 51 Million LUNC In A Single Transaction, Representing The Third Highest Single Burns

7Mar

By CryptolifedigitalNo Comments

Cryptocurrency

Cremation Coin Burns A Staggering Over 51 Million LUNC In A Single Transaction, Representing The Third Highest Single Burns

The Cremation’s recent LUNC burns placed the token on the 8th highest burner in the Terra Classic as it incinerated a massive amount of over 51 million Terra Classic (LUNC) tokens in a single transaction, representing its largest single burn since it jumped on the Terra Classic burn campaign last December. According to the Terra Finder data, the transaction was initiated as early as 03:49 today, claiming a staggering 51.7 million LUNC, representing the Cremation’s weekly contribution towards the LUNC burns program. The update was shared on the Cremation’s official handle, calling the public to take note of the recent move after the transaction was done. Read Also: Shiba Inu (SHIB) Emerges As The Top Token On CoinMarketCap While BONE Also Takes The 10th Spot https://twitter.co...

TerraCVita Talks About The Progress Of Terra Classic Crypto Wallet, Sharing The Issues Faced In Its Coding

4Mar

By CryptolifedigitalNo Comments

Blockchain

TerraCVita Talks About The Progress Of Terra Classic Crypto Wallet, Sharing The Issues Faced In Its Coding

The launch of a crypto wallet was recently announced by Terra Classic autonomous group, TerraCVita, saying the wallet is basically for the Terra Classic network Terra Classic Crypto Wallet To Launch Soon The update was made known on the official Twitter handle of the TerraCVita earlier today, sharing the challenges faced by the developer in the course of the coding of the wallet. He also added that the coding issues which has been settled had been the cause of the delay for the wallet to enter its testing phase. Read Also: LUNC Validator Unveils Binance 8th Round LUNC Burns Date https://twitter.com/TerracVita/status/1631840460678348802 TerraCVita noted that work on the wallet would resume once the developers are satisfied that the Terra Classic infrastructure and the laye...

LUNC Validator Unveils Binance 8th Round LUNC Burns Date

3Mar

By OLAJIDE SAMUELNo Comments

Cryptocurrency

LUNC Validator Unveils Binance 8th Round LUNC Burns Date

The recent update shared by the LUNC validator said that the largest crypto exchange, Binance, will initiate its 8th round of LUNC burns on the 2nd of April, 2023. Date For 8th Round LUNC Burns Of Binance Is Revealed The update was shared on the official handle of the LUNC validator earlier today, saying that Binance will be conducting its 8th batch of LUNC burns on the above-mentioned date. https://twitter.com/LuncRebels/status/1631643868080005121 The update came following Binance’s attestation that it would resume its LUNC burns after the community successfully passed a three-signal proposal that exempted the Binance LUNC burns from the token to be reminded. Read Also: Ripple Says 45 Payment Industry Leaders Reach The Consensus To Implement Crypto For Fast And Effecti...

Binance Announces Its Resumption To LUNC Burns Following The Upgrade v1.10

1Mar

By CryptolifedigitalNo Comments

Blockchain

Binance Announces Its Resumption To LUNC Burns Following The Upgrade v1.10

Following the recent upgrade done on the Terra Classic basically to bring the largest crypto exchange back to LUNC burns, Binance has danced to the tune of the drum by announcing its resumption for the LUNC token burns. As it was previously reported by Cryptolifedigital, the upgrade, featuring v.1.1.0, incorporates modifications to the network that aim to address Binance’s apprehensions regarding token burns. The upgrade occurred at the Terra Classic block height of 11,734,000. Read Also: Terra Classic Releases Proposal 11243 To Get LUNC Gas Fees Increased. Is It A Plus? Binance Resumes Its LUNC token Burns According to the announcement shared on Binance’s official website, Binance said it would pause deposits and withdrawals for the LUNC network from Feb. 28 at 21:00 (UTC). ...

Terra Classic Passes A Proposal (Upgrade v1.10) That Will Bring Binance Back To LUNC Burns.

28Feb

By CryptolifedigitalNo Comments

Blockchain

Terra Classic Passes A Proposal (Upgrade v1.10) That Will Bring Binance Back To LUNC Burns.

The proposal (Upgrade v1.10) that will allow the resumption of Binance to the LUNC burns has been successfully passed by the Terra classic community. Per the Crypto influencer Classy, the Terra Classic community has passed the proposal to include optional features in the network v1.1.0 release. The passed proposal address concerns raised by Binance. Recall that the last year, Binance announced that it would not continue the LUNC burns until March and it added that it would only resume LUNC burns when the crypto project meets its demands. Firstly, Binance conditioned Terra Classic developers to exclude its burns from token re-mints. In addition, the exchange requested that its wallet be exempted from the on-chain tax. The exchange promised to resume LUNC burns on March 1 on t...

Terra Classic Burns Over 6 Million In A Week, As Cremation Recently Burns 4.4 Million LUNC

28Feb

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Classic Burns Over 6 Million In A Week, As Cremation Recently Burns 4.4 Million LUNC

The recent tweet shared by Cremation, a recently launched project, sent a massive 4.4 million Terra Classic (LUNC) in its latest batch of weekly burns. Analysis revealed that the recent has positively increased the total number of LUNC burned for the week, reaching an impressive 6.6 million tokens. Read Also: Shytoshi Kusama Launches "Join Shibarium" To Serve As A Hub For Content Creators, Developers And Likes https://twitter.com/Cremation_Coin/status/1630426886990856192 Cremation Burns Over 4.4 Million LUNC Terra Finder’s data, the burn occurred today at 04:12 (UTC), being the most recent noteworthy burn transaction this week. Cremation Coin further called public attention to the development, soliciting awareness, as a greater transaction volume would result in bigger bu...

TerraCVita Considering Taking Funding From Binance To Support Its Development Work On Terra Classic

24Feb

By CryptolifedigitalNo Comments

Blockchain

TerraCVita Considering Taking Funding From Binance To Support Its Development Work On Terra Classic

The development group behind the Terra Classic blockchain, TerraCVita, pointed towards applying for Binance for funding to enhance its developing work on the Terra Classic. The group recently sought the community’s opinion on seeking funds from the exchange. Shortly after the Terra Rebels’ fallout with the Terra Classic community, TerraCVita has positioned itself as the primary development group working towards bolstering the LUNC revival campaign on a code level. Efforts to build on the blockchain require funds, and the group is mulling the idea of applying for funding from Binance. Read Also: Terra Rebel Says Rebel Station, Its Terra Station Alternative, Is Now In the Pre-Production Phase https://twitter.com/TerracVita/status/1628921062799843328 TerraCVita To Receive Fundi...

Terra Rebel Says Rebel Station, Its Terra Station Alternative, Is Now In the Pre-Production Phase

23Feb

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Rebel Says Rebel Station, Its Terra Station Alternative, Is Now In the Pre-Production Phase

The development group behind the Terra Classic revealed that Rebel Station, its Terra Station alternative, is now in the pre-production phase and operating fully independent of Terraform Labs’ infrastructure. The group revealed this in a tweet yesterday, noting that it will enter full production on the receipt of multiple hardware components. Read Also: NOWNodes To Offer Shared And Dedicated Access To the Forthcoming Shibarium Blockchain https://twitter.com/TerraRebels/status/1628511003133595649 Rebel Station is in the Pre-Production Phase Terra Rebel has been giving updates on the Rebel station for a while and also recently said that the test has started on its critical infrastructure. It said it had purchased the required equipment for its TFL indepe...