LUNC News Archives - Page 12 of 17

Terra Classic (LUNC) Becomes The Winner Of Binance Community Showdown Contest With 36k Mentions, Bypassing Bitcoin

23Nov

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Terra Classic (LUNC) Becomes The Winner Of Binance Community Showdown Contest With 36k Mentions, Bypassing Bitcoin

The effort of the Terra Classic community has been so much remarkable as they throw a persistent weight behind the token, Binance recently announced the LUNC as the winner of its Community Showdown contest. It is noteworthy that Binance, the world's largest crypto exchange launched the Showdown contest to determine the cryptocurrency project with the most support on Twitter. The leading cryptocurrency exchange urged various cryptocurrency communities to participate in the contest by posting, commenting or retweeting the Binance hashtag alongside their favourite crypto ticker. Read Also: Raoul Pal, A Former Goldman Sachs Executive, Is Bullish On XRP, Saying It Will Experiences A Massive Bull Run After The Lawsuit The contest was allowed to run for a few weeks after Binance rel...

Anonymous Wallet Burns Over 35 Million LUNC, 127.5M Were Burnt Via 0.2% Tax Burn In 24 Hours,

22Nov

By CryptolifedigitalNo Comments

Cryptocurrency

Anonymous Wallet Burns Over 35 Million LUNC, 127.5M Were Burnt Via 0.2% Tax Burn In 24 Hours,

A recent tweet shared by LunaBurnTracker noted that a total of 35,789,630 (appr. 35.79M) LUNC were burned yesterday by an anonymous wallet. The detail of the reaction was also shared by the same Twitter handle as the burn was conducted. https://twitter.com/LunaBurnTracker/status/1594859468059287553 Anonymous Wallet Burns LUNC A massive one million LUNC has incinerated from LUNC's official burn wallet about 20 hours ago as revealed by LUNCBurnTrackers. Read Also: Terra Classic Core Developer, Edward Kim, Publishes A Proposal To Re-open IBC Channel Before The Next Network Upgrade https://twitter.com/LunaBurnTracker/status/1594652074972774402 Not long after this, another burn was initiated, sending a whopping 6,584,563 (6.58M) Terra Classic tokens ($1,024) to the...

Terra Classic Core Developer, Edward Kim, Publishes A Proposal To Re-open IBC Channel Before The Next Network Upgrade

22Nov

By OLAJIDE SAMUELNo Comments

Blockchain

Terra Classic Core Developer, Edward Kim, Publishes A Proposal To Re-open IBC Channel Before The Next Network Upgrade

It has been a celebration of joy among the community of the Terra Classic as the proposal to re-open the network’s Inter Blockchain Communication (IBC) was published by one Edward Kim, a prominent Terra Classic developer. Edward Kim Asks For Community's Comment On Proposal To Re-open IBC There have been a lot of comments as Edward Kim kept the floor open for the analysis. He stated via his Twitter handle; “Please share your comments on the following proposal discussion,” Read Also: SHIB Super Store, One Of The Community-led Initiatives, Burns 26.77M SHIB In One Transaction, https://twitter.com/edk208/status/1594776120594993169 The proposal will see the lines of communication and commerce between the Terra Classic network and Cosmos chains like Osmosis, Crescent, and Juno ...

There Has Been Dispute Emergence Among The Terra Classic Developers Over the Casino Code Theft. Here’s Why

21Nov

By CryptolifedigitalNo Comments

Blockchain

There Has Been Dispute Emergence Among The Terra Classic Developers Over the Casino Code Theft. Here’s Why

There has been a dispute among the Terra Classic developers following the Casino code theft. Recall that the Casino is set to launch on the Terra classic network before the emergence of the theft controversy. Rex Harrison also known as Rexzy, a senior member of the TerraCVita, an independent Terra Classic development group, shared a tweet, to ascertain the launch of a Casino on the Terra Classic network. Read Also: David Gokhshtein Says Not All Upcoming Assets Can Be Like SHIB In Terms Of Exponential Growth https://twitter.com/RexYellerBelly/status/1594020841620008960 Casino code theft brings Disputes among the Terra Classic developers Per the tweet, Rexzy noted that the casino and OWLDAO, the 7th largest decentralized app in crypto, as the partner behind the casino. I...

Terra Rebel Sounds A Note Of Warning To The Terra Classic Investors Of fraudulent Token: Check It out

19Nov

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Terra Rebel Sounds A Note Of Warning To The Terra Classic Investors Of fraudulent Token: Check It out

The recent tweet shared by Terra Rebel, sounding a note of warning to its community of a token, named Interchain DAO Coin (IDC), hijacked its logo to mislead investors into believing that the Terra Rebels are behind the cryptocurrency. Terra rebel, a decentralized group focused on reviving the Terra Classic ecosystem, further revealed that the token is currently circulating in the Cosmos network and other markets. Terra Rebels used the tweet to deny affiliation with the fake coin team that launched the crypto. Read Also: Two Whales Buy A Whopping 531.65B SHIB Worth $4.83 Billion In Two Transactions https://twitter.com/TerraRebels/status/1593589843526811648 Terra Rebel Warns Investors IDC Token “PSA to LUNC Community A Dao coin 'IDC' is floating around the markets and cosm...

Terra Classic Removes Almost 1 Billion LUNC, Making The Total Circulating Falls Below 6 trillion

18Nov

By CryptolifedigitalNo Comments

Cryptocurrency

Terra Classic Removes Almost 1 Billion LUNC, Making The Total Circulating Falls Below 6 trillion

According to a recent tweet, the current circulating supply of the Terra Classic is below 6 trillion as almost 1 billion LUNC was incinerated over the past six days. Recall that the circulating supply of LUNC was released to be 6.012 trillion by CoinMarketCap some days making the total burn via the proposal calm at 27.1 billion tokens. Read Also: SHIB Metaverse Launches New Tech Trench To Aid Users Into The World Of Tech marvel, Education, And Evolutionary Spectrums Total LUNC Supply Now Sits Below 6 Trillion As Terra Classic Burns Close To 1 Billion It is worth noting that the recent 6 days' LUNC burn of nearly 1 billion brings the total LUNC burn to 28.01 billion. https://twitter.com/LunaBurn_13/status/1593414844094480385 According to the tweet shared by the LUNC Bu...

Casino Which Will Enhance LUNC Burn To Arrive Terra Classic Network Soon

17Nov

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Casino Which Will Enhance LUNC Burn To Arrive Terra Classic Network Soon

Terra classic community hasn’t given up on the effort of reducing its token to the target amount, 10 billion LUNC as they are looking forward to the arrival of a new Casino on the Terra classic network that will aid the LUNC burning. According to a tweet shared by Rexyz saying “9/4 favourite that a new casino will soon be in town supporting Terra Classic and burning LUNC,” Harrison wrote. “LUNC might even score for the FIFA World Cup.” Read Also: Mintable, An NFT Marketplace Built On Ethereum, Now Supports XRP Ledger https://twitter.com/RexYellerBelly/status/1593026864511356929 Casino To Burn As Much As Six Month Terra Classic's Burn In addition to the update released, the independent Terra Classic development group, TerraCVita ascertained the speculation by Rexyz which ...

TerraCVita Reveals That DEX Development Is On Track, Promise To Be The Furnace For Buying Of Hottest DApp

16Nov

By CryptolifedigitalNo Comments

Blockchain

TerraCVita Reveals That DEX Development Is On Track, Promise To Be The Furnace For Buying Of Hottest DApp

It is worth noting that the development of a decentralized exchange on the Terra Classic network is still much ongoing, the Terra classic independent development group noted this in its tweet saying “You wanted a LUNC burner, @ TerraCVita built a furnace". DEX To Be The Furnace For Hottest DApp: TerraCVita “Dex is on track, along with all the other great projects,” the group tweeted as part of a meeting update. “Presale due in the next couple of weeks". Read Also: Ripple Whales Move A Total Of 528 Million, Binance Initiates The Biggest Part Of Transaction https://twitter.com/TerracVita/status/1592768629539766272 The statement of the TerraCVita indicates that the developing team behind the Terra classic network gets their confidence renewed per day, having it in mind that ...

The Long-awaited Terra Classic Circulating Supply Is Out On CoinMarketCap. Check It Out

15Nov

By OLAJIDE SAMUELNo Comments

Cryptocurrency

The Long-awaited Terra Classic Circulating Supply Is Out On CoinMarketCap. Check It Out

In a recent tweet shared by reXx, a member of Terra Rebel, noted that the long-awaited current circulating supply of the Terra Luna Classic has now been updated on the CoinMarketCap. Although the Crypto Classy confirmed that the updated amount is a little above six trillion which was not agreed with by the Terra classic community as they expect the current supply of the Terra classic to have gone below the six trillion points. Terra Classic Circulating supply Is Updated To Be 6.012T LUNC It is worth noting that the tweet shared by reXx revealed that the updated metrics are now on the CoinMarketCap. Read Also: Whales Move A Whopping Over 259 Million XRP, It Spikes 10% In The Past 24 Hours. “For those who have been patiently waiting, the #LUNC supply on CMC is officially ...

Terra Classic Developer Designs A New Proposal That Will Burn LUNC Worth $2 Million

11Nov

By OLAJIDE SAMUELNo Comments

Cryptocurrency

Terra Classic Developer Designs A New Proposal That Will Burn LUNC Worth $2 Million

The Terra community has been popularly known for its indefatigable act of reducing the LUNC token, aside from the former designs brought up by various developers, A Terra classic core developer, Alex ForShaw designed a new proposal as a means of removing LUNC worth $2 million from the circulation. A New Proposal To Burn LUNC Worth $2 Million Alex ForShaw made this known in a medium post shared yesterday while giving an update on the multi-sig wallet holding about $4 million in off-chain assets. Read Also: Ripple's General Counsel, Stuart Alderoty Slams Again, Saying SEC Has failed Time And Again To Protect Anyone https://twitter.com/4lex_4sh4w_TR/status/1590830915349250048 Alex ForShaw ad a few others who have given themselves to giving the community signals on the wallet...