LUNC News

Ethena, Pepe and Luna Classic are our top cryptocurrencies to watch this week.

The crypto world has come to life once again, with the collapsed TerraClassicUSD (USTC) and Luna Classic (LUNC) on the rise.

The three tokens of the Terra ecosystem — Terra (LUNA), Terra Classic (LUNC) and TerraClassicUSD (USTC) — have gained momentum following an update last week.  The surge comes a week after Terraform Labs deployed $10 million worth of assets in…

Approximately 68.3 billion LUNC tokens have been burned so far, accounting for approximately 0.99% of the total token supply. Of this burned amount, 44.8 billion LUNC tokens have recently been sent to the burning address. Restore the digital currency’s reputation…

Terra Luna Classic proposes liquid staking derivatives with Quicksilver network

In the updated Q2 plan, the L1JTF team is delaying the release of v2.1.0 to mid-June 2023

Terraport Finance, the recently launched decentralized finance (DeFi) project on the Terra Classic network has been hacked, with 15 billion LUNC drained from the protocol. 

The price of Tera Classic (LUNC) is rising as the broader crypto market recovers. The surge in LUNC could also be due to the release of the Station, an interchain desktop wallet. 

As of Wednesday, the total amount of burnt LUNC tokens stood at 36.231 billion. This was majorly contributed too by ClassyCrypto who announced he had burnt 13 million LUNC.

Terra Classic Developers have launched the LUNC wallet to reduce dependence on Terra Station and TFL.

Professor Edward Kim recently released a written proposal on Terra Classic Recovery Proposal 10946. Edward Kim added that if the proposal is approved, anyone qualified is urged to apply.

TerraCVita has announced plans of launching a decentralized exchange on the Terra Classic blockchain to accelerate the burning of LUNC.

Jacob Gadikian makes major progress in re-enabling IBC on the Terra Classic. Unveils code to re-open IBC.

Binance, has released updates on deposit and withdrawal fees for LUNC and USTC on Terra Classic (LUNC) Network. Binance will now charge consolidation fees due to tax burn.

It’s a big moment for the crypto arena. Click here to learn why Terra Luna Classic (LUNC) and BudBlockz (BLUNT) are two to watch.

Bitcoin’s price continues to fall on consecutive days. It has lost its support in the $20,000 region. There is no sign of a reversal, and its trading activities are below its 20-day moving average. The events and activities in the…