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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.
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.
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.
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 development group behind the Terra Classic revealed that Rebel Station, its Terra Station alternative, is now in the pre-production phase
The largest exchange, Binance, may likely resume its LUNC burns as the community of Terra Classic votes to pass two key signal proposals addressing the exchange’s concerns.
In the recent development, Zaradar revealed that the Joint Layer 1 Task Force would soon be ready to roll out the Terra Classic v1.1.0 upgrade.
Garuda the Protector, an upcoming play-to-earn (P2E) game project, will launch on the Terra Classic blockchain in the second quarter of this year.
There has been massive staked LUNC as the Terra Classic community locked up a total of 3.5 billion LUNC tokens within a day into a staking wallet.
The comment of the chief of Binance has affected the TerraClassicUSD in a positive direction as the token gains a 15% gain in the past 24 hours
