LUNC News Archives - Page 10 of 17

Validator Initiates 100% Burns Of His LUNC Commission.

21Dec

By CryptolifedigitalNo Comments

Cryptocurrency

Validator Initiates 100% Burns Of His LUNC Commission.

One of the prominent Terra Classic community members, Classy Crypto, recently updated the community that has initiated 100% burns of all the commissions he realized from his LUNC validator, Classy’s Crypto Sphere in a single burn transaction together with extra tokens. The prominent member of the Terra Classic community tweeted later on Tuesday, saying that the total commission generated from running the validator amounted to 8M LUNC. Notwithstanding, up to 12.7M LUNC tokens were incinerated by the influencer, as he included some extras. Read Also: Shiba Inu Developers Successfully Launch Shiba Inu Website With New Design Validator Burns Millions Of LUNC, 100% Of LUNC Commission “LUNC BURN TIME! WE’VE OFFICIALLY BURNT 100% OF OUR LUNC VALIDATOR COMMISSION (8M) & SOME...

Terra Rebel Says Terra Classic v23 Upgrade Has Been Delivered

20Dec

By CryptolifedigitalNo Comments

Blockchain

Terra Rebel Says Terra Classic v23 Upgrade Has Been Delivered

The recent development revealed that the developers at the Terra classic have delivered the v23 upgrade, the Terra Rebel member and Terra Classic core developer Raider 70 mentioned it. Per the developers, the update which will bring the Terra Classic network on par with other cosmos chains, including LUNAv2, is still in the works. More also, Raider 70 stated that Edward Kim is working with the Terra Rebels on the budget for the upgrade dubbed v2.0.3 Read Also: TerraCVita Launches Technical Assistance To Support Terra Classic Delegators That Victim Of Hacks Terra Classic v23 Upgrade Has Already Been Delivered Says Terra Rebel Furthermore, the same update was also confirmed by the community influencer Classy (@ClassyCrypto_) made this known in a tweet today, sharing a Discord...

TerraCVita Launches Technical Assistance To Support Terra Classic Delegators That Victim Of Hacks

19Dec

By CryptolifedigitalNo Comments

Blockchain

TerraCVita Launches Technical Assistance To Support Terra Classic Delegators That Victim Of Hacks

The recent development revealed that the Terra Classic development group and network validator TerraCVita launched technical assistance to support Terra Luna Classic (LUNC) delegators that have been victims of hacks, per a tweet from the validator today. Although the validator is of the opinion they might not recover it all. TerraCVita Offers Technical Assistance “We have technical assistance for those with hacked delegations… we cannot promise to save it all, but we can certainly try,” TerraCVita tweeted, directing users to the validator Discord. Read Also: Terra Classic Burns A Whopping Over 15 Million Over The Weekend https://twitter.com/TerracVita/status/1604648323226419201 However, it is unclear if the service is limited to only LUNC holders who delegate with the Te...

Terra Classic Burns A Whopping Over 15 Million Over The Weekend

19Dec

By CryptolifedigitalNo Comments

Cryptocurrency

Terra Classic Burns A Whopping Over 15 Million Over The Weekend

Amid the general crypto market bear, the community of LUNC hasn’t ceased burning Terra Classic token as the recent record show that a total of 15,197,890 (15.1M) LUNC tokens were burnt between last Weekend and Sunday despite a massively crashing broader crypto market that has so far put pressure on investors’ confidence. MEXC Global Contributes Significantly To The Weekend Burns Of LUNC The massive cumulative burn of over 15.1 million tokens was captured to have come in serious burns to the tune of hundreds of thousands of LUNC tokens, with the only single significant transaction standing out ascribed to Seychelles-based crypto exchange MEXC Global. Read Also: Top Non-custodial Wallet Guarda Adds Support On Shiba Inu, Shiba Inu Enthusiasts Can Now Purchase Goods With SHIB Nota...

What Community needs to do to get LUNC to $0.01.

17Dec

By CryptolifedigitalNo Comments

Cryptocurrency

What Community needs to do to get LUNC to $0.01.

A recent tweet shared by “LUNC To The Sun (LUNCTTS),” revealed the number of LUNCs the community needs to incinerate to boost the token’s price to $0.01. One of the most extensive mindsets of the Terra classic community has been on reducing the total circulation of LUNC and as such, the district has designed many strategies to get the LUNC reduced from its whopping amount to the very minimal amount of 10 billion. Read Also: The Largest Crypto Exchange, Binance, Moves A Total Of 1.89 Trillion Shiba Inu Tokens LUNC to hits $0.01 if more burns are done The analysis of the LUNCTTS revealed for the LUNC achieved the price of $0.01, a total of two trillion which represents 30% of the circulating supply. Per LUNCTTS’ analysis, burning 30% of LUNC supply will reduce the asset’s total...

Terra Classic Developers Successsfull Links The IBC To Osmosis

13Dec

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Classic Developers Successsfull Links The IBC To Osmosis

In a recent development, it was revealed that the linking of Inter Blockchain Communication (IBC) to Osmosis has been successful. It was recently reported how the Terra Classic has been beckoning to the Osmosis to be part of the LUNC burns, saying that it will be an additional effort to the community burns. https://twitter.com/TerraRebels/status/1602439228473892865 IBC To Osmosis Is Successful Rex Harrison, AKA Rexzy (@RexYellerBelly,) a senior member of TerraCVita, a competing independent developers group, also confirmed the development, sharing a screenshot of a successful transaction. Read Also: Terra Classic Burns Over 13.7M LUNC Over The Weekend And In The Early Hours Of Monday. https://twitter.com/RexYellerBelly/status/1602495731163602945 Notably, the Osmosis ...

Terra Classic Burns Over 13.7M LUNC Over The Weekend And In The Early Hours Of Monday.

12Dec

By CryptolifedigitalNo Comments

Cryptocurrency

Terra Classic Burns Over 13.7M LUNC Over The Weekend And In The Early Hours Of Monday.

The recent development show that burned 13,753,870 (13.7M) LUNC tokens were over the weekend and in the early hours of Monday. It is worth noting that the LUNC burn has been so encouraging since the Terra classic initiated a campaign for burns. Over 13.7M LUNC Were Burnt By Validators And TerraCasino Over The Weekend Out of the 13M+ tokens burnt, independent Terra validators LUNCDAO and Luna Station 88 accounted for 5M+ and 3.5M, with Terra Casino incinerating up to 3.9M tokens. Read Also: David Gokhshtein Says We Need Ripple To Win And Not Settle. Settle or Win? According to the record, the over 5 million LUNC was incinerated stand by the independent Terra Validator LUNCDAO. Luna Station 88 LUNCDAO’s latest burn, which involved 5,023,338 LUNC tokens, was carried out...

Jared, A TFL Staff Highlights Some Major Benefits The Terra Classic Stands To Enjoy From Terra Station Independence

10Dec

By OLAJIDE SAMUELNo Comments

Blockchain

Jared, A TFL Staff Highlights Some Major Benefits The Terra Classic Stands To Enjoy From Terra Station Independence

In the recent development, the man that stands as the middle man between the Terraform Labs (TFL) and the Terra Classic, Jared, has given a clue to the benefits that the Terra Classic network stands to gain in its step-to-stand-alone, building its station. The Terra classic community influencer Classy made it known in his recent tweet, sharing a discord picture containing the conversation with Jared. The message stated how TFL plans to work with TFL developer groups to address challenges faced by community members on Terra Station. Read Also: Ripple Naming Services Works To Launch On XRP Ledger To Solve The Complexity Of Crypto Wallet Addresses. How Feasible is This? Jared, A Tfl Staff, Mentions Some Significant Benefits For Terra Classic. Additionally, the developer said that...

Terra Classic Developers Cease Support For Terra Station To Manage The Rebel Station

7Dec

By CryptolifedigitalNo Comments

Blockchain

Terra Classic Developers Cease Support For Terra Station To Manage The Rebel Station

In a recent development, Terra blatantly declared that it will henceforth manage its Rebel Station wallet and cease from providing support for the Terra Station wallet. Recall, the update was first brought yesterday by the community influencer and network validator Classy, saying that Terra Rebels have handed over the support of Terra Station to TerraCVita, another independent developers group. Read Also: Rippe Posts A Job Vacancies Despite The Unfavorable Market. What Can You Say On The Confident Of Ripple? https://twitter.com/ClassyCrypto_/status/1600261504887967744 Terra Classic Moves From Terra Station To Rebel Station The update was confirmed in a tweet shared by the @reXxTerraRebels, AKA reXx, saying that “Terra Rebels will no longer be updating Terra Station ...

Terra Classic To Lose Terra Station Support As It Prepares To Onboard Onto The Rebel Station Wallet: What Could Be The Result Of This On LUNC?

6Dec

By CryptolifedigitalNo Comments

Blockchain

Terra Classic To Lose Terra Station Support As It Prepares To Onboard Onto The Rebel Station Wallet: What Could Be The Result Of This On LUNC?

The recent development revealed the need for the Terra Rebel to incorporate its newly launched wallet and on this same premise, the Terra Rebel to onboard onto the Rebel Station wallet by December. The same update was also confirmed by Terraform Labs as stated tweeted by the crypto influencer, Classy, saying; “BREAKING: Jared TFL Confirm LUNC NEEDS to onboard onto the Rebels Station wallet by December 15th.” Read Also: Two Large Whales Scoop A Whopping Over 555.18B SHIB https://twitter.com/ClassyCrypto_/status/1599966010269782017 Terra Rebel To Onboard Onto Rebel Station On Dec 15th Furthermore, a Discord message from Terra Rebels admin ClanMudhorn shared by Classy explains why, saying that for Terra Classic to be supported on the new Interchain Station, Terra Classic has...