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Tag: LUNC News

Terra Classic Installs Cosmo Security Chain Patch For Maximum Security Of The LUNC Network
Blockchain

Terra Classic Installs Cosmo Security Chain Patch For Maximum Security Of The LUNC Network

In a recent tweet, the team behind the LUNC chain has taken to Twitter, commending the effort of the developers and validators who have put it upon themselves to monitor the activities on the LUNC network via the installation of the Cosmo chain patch Terra Rebel Applauds The Developers And Validators “We have an amazing team of Developers and Validators who continue to watch over the lunch blockchain. Security in crypto is our top priority. Without protecting the LUNC users and the Terraclassic community, we are nothing. Thank you for all of the hard work everyone contributes”. Terra Rebel tweeted. Read Also: Do Kwon Now Set To Talk On Why He Refuses To Return To South Korea As Laura Interviews Him On Friday https://twitter.com/TerraRebels/status/1580771510381608960 Cosmo...
Binance Adds Terra UST Classic (USTC) In The List Of Borrowable Assets On Binance Crypto Loan
Cryptocurrency

Binance Adds Terra UST Classic (USTC) In The List Of Borrowable Assets On Binance Crypto Loan

Binance moves beyond burning the LUNC, it expands its support more by adding Terra UST Classic (USTC) as a borrowable asset on Binance Crypto Loans.  The new development was shared on Binance’s official website earlier today saying USTC would be included in the list of cryptocurrencies its users can borrow to engage in spot and margin trading.  Per Binance’s announcement; “Binance has added USTC as a new borrowable asset on the Binance Loans platform,”  Read Also: Elon Musk's Boring Company Now Accepts Dogecoin For The Payment Of Its Perfum Terra Classic UST (USTC) Joins The List Of Borrowable Asset On Binance It is worth noting that Binance is currently supporting a very wide of cryptocurrencies across the globe, adding them to its borrowable asset on the platform. So...
LUNC Burn Rate Hits 176,084% As Total LUNC Burn Hits Over 18 Billion.
Cryptocurrency

LUNC Burn Rate Hits 176,084% As Total LUNC Burn Hits Over 18 Billion.

In a recent tweet shared by the LUNC Burn, an official Twitter handle that monitors the ongoing burning of the LUNC tokens noted that a total of 18.12 billion and another tracker also noted that LUNC Burn Rate hits 176,084%. The Binance’s burn is in no doubt increasing the number of LUNC token that has been set on fire concerning the ongoing LUNC tax burn proposal. Read Also: SEC Has Two Days To Request For Reconsideration Over William Hinman's Document Says Ripple Enthusiast https://twitter.com/LunaBurn_13/status/1579636809575071744 LUNC Burn Rate Hits 176084% Point Following Binance’s second round of LUNC trading burns, LUNC burn Tracker noted that the burn increased by 176,084% from the previous day. https://twitter.com/LunaBurnTracker/status/1579639175980240899 ...
Neblio Team Is Now The Official Advisor And Supporter For Terra Classic (LUNC)
Cryptocurrency

Neblio Team Is Now The Official Advisor And Supporter For Terra Classic (LUNC)

In a recent tweet shared by Neblio, a leading enterprise blockchain announced its partnership with the Terra classic blockchain. The idea of the partnership is for Neblio to be the network advisor and supporting arms for the developers’ team in infrastructure and finance. Read Also: Charles Hoskinson Highlights Why XRP Is Not A Security, Blatantly Against SEC's Point Of View https://twitter.com/NeblioTeam/status/1579538991757799425 Neblio Team Is Now Terra Classic Developer's Supporter Neblio noted; “Terra Rebels is proud to announce that NebliTeam has become our Official Supporter, providing infrastructure, financial & advisory support to help us deliver on our core mission to maintain the Terra Classic blockchain on behalf of the Terra Classic Community,” Facts A...
Binance Initiates Second Round Of LUNC Trading Fee Burns With 3 Billion LUNC
Cryptocurrency

Binance Initiates Second Round Of LUNC Trading Fee Burns With 3 Billion LUNC

In a recent tweet by LUNC DAO, it was revealed that Binance, the leading cryptocurrency exchange, has initiated a second round of LUNC trading fee burns which claimed a total of almost three billion LUNC worth about $1 million to the Terra burn wallet as part of its burn initiative to support the network. https://twitter.com/LUNCDAO/status/1579445012865388544 Second Round Of LUNC Trading Fee Burns Of Binance Although the update on the burn was once tracked by the LunaBurnTracker, which revealed it on its official Twitter handle. However, Binance hasn’t updated this transaction on its blog post but hopes to do so on or before 00:00 UTC on Tuesday. https://twitter.com/LunaBurnTracker/status/1579412329082634240 Recall that the largest crypto exchange added its support for...
Zaradar’s Terra Classic Re-Peg Proposal Is Finally Out, Terra USD’s Price And Tokens Market Cap Spikes
Blockchain, Cryptocurrency

Zaradar’s Terra Classic Re-Peg Proposal Is Finally Out, Terra USD’s Price And Tokens Market Cap Spikes

The long-awaited Zaradar’s Terra Classic re-peg proposal is out and awaits the community debate on it, there has been a spike in both the USD stablecoin and LUNC token following its release. Terra USD Reacts To The Re-Peg Proposal The price of the USD stablecoin spiked over 13% in the last 24 hours, trading at $0.03311, while the LUNC token’s market cap spiked over 14%, adding about $50 million, while the trading volume has surged by over 700%, now at about $76.7 million. https://twitter.com/ZaradarTR/status/1579112369036218369 Read Also: Dogechain Grows Bigger As Its Transaction Hits 50 Million And Total Unique Wallets Hits 244,000 Terra Classic Re-Peg Proposal Recall that there has been a lot of noise in the community over the issue of Terra re-peg as Alex Forshaw r...
Terra Classic Developer Says The Next Terra Classic Upgrade (v23 Upgrade) would Bring A Boost To LUNC Network
Blockchain, Cryptocurrency

Terra Classic Developer Says The Next Terra Classic Upgrade (v23 Upgrade) would Bring A Boost To LUNC Network

In a recent tweet shared by a LUNC developer, Raider unveiled that the Terra Classic v23 upgrade would make the Terra network completely inter-functioning with other Cosmo chains as it is made up of the CosmoWasm upgrade. V23 Upgrade To Bring A Boost To LUNC Network This is done to bring a large network boost to the LUNC Cosmo Interoperatibility as it CosmoWasm is a library made up of standard codes for contract building. Read Also: LUNC DAO Introduces $1 LUNC Burn Campaign Raider noted in the tweet that “Only after the TR v23 release containing the CosmWasm upgrade will Terra Classic become fully interoperable with other Cosmos-based blockchains,”  https://twitter.com/Raider7019/status/1578423549362331649 V22 LUNC Upgrade Happened In August 2022 The idea of the v23...
LUNC DAO Introduces $1 LUNC Burn Campaign
Cryptocurrency

LUNC DAO Introduces $1 LUNC Burn Campaign

The LUNC community has been creative and strategic about reducing the total supply of LUNC tokens as LUNC DAO recent revealed in its tweet urging its followers on Twitter to destroy almost 333.7 million LUNC via a new campaign, $1 LUNC Burn. $1 LUNC Burn Campaign Begins: LUNC DAO LUNC DAO has big Twitter followers up to 95,342 followers called CEOs to incinerate at least $1 worth of LUNC to the burn wallet. Read Also: Ethereum Now Tops The List Of The Most Staked Crypto Assets At the time when the news was filed, 3,500 LUNC equivalent to $1 and by calculation, a total of 333.7 million LUNC will be burnt if all the followers yield to the call. LUNC DAO urged the community to join the campaign by sending at least 3,500 LUNC to the burn wallet using the memo “CEO Burn”.  ...
Terra Rebel Says There Is No Agreement Between LUNC And The SuperLitho: Detail
Cryptocurrency

Terra Rebel Says There Is No Agreement Between LUNC And The SuperLitho: Detail

Following the recent announcement of Kaj Labs saying it will soon burn a total of 2.5T LUNC tokens in support of the ongoing tax burn proposal,  reXx of the Terra Rebel has taken time to clarify the statement saying that despite the continuous mentions by Kaj Labs in the press releases for their play-to-earn (P2E) game, there is no agreement between the group and the company, SuperLitho. Per reXx, there is no aorta of an agreement between LUNC and the SuperLitho. Read Also: Huobi Exchange Transfers Over 1.72 Trillion SHIB To Unknown Wallet, Whales' Interest In Shiba Inu Increases https://twitter.com/reXxTerraRebels/status/1578077177110732803 Commenting on this, Terra Rebel says; “LUNC community. I’m not sure why @SuperLitho @KaJLabs decided to throw Terra Rebels name into th...
CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail
Crypto Exchanges, Cryptocurrency

CetoEX To Add Support LUNC 1.2% Tax Burn Proposal Soon: Detail

The popularity of the LUNC Tax Burn is on the increase as another trading platform called CetoEX unveils its plan to implement the proposal on LUNC trading on-chain and off-chain transactions. The new development was shared on CetoEX’s official Twitter handle saying that Terra Classic (LUNC) listing soon on its platform. Read Also: LUNC Developer Confirms No Minting Of New LUNC Token, Terra Rebel Also Clarifies No One In Charge Of LUNC Code https://twitter.com/Cetoex/status/1577653264396394499 CetoEX Global Services Crypto noted in a recent announcement that it would list LUNC on its platform on October 10, 2022, at midnight UTC.  Facts About CetoEX It is a centralized cryptocurrency exchange permitting the users to transact with over 20 cryptocurrencies which inc...