LUNC – DIGIT INFO

LUNC Staking Hits All-Time High, Signaling Strong Community Confidence

DIGIT — Mon, 08 Jul 2024 02:25:21 +0000

Terra Luna Classic (LUNC) staking has reached an all-time high, with over 1 trillion tokens now staked. This milestone drives the staking ratio to an impressive 15.01%, reflecting growing community participation and confidence in the network. The high staking rates and reduced supply are fueling optimism for potential price appreciation. When a significant portion of tokens is staked, it reduces the circulating supply, which can positively impact the token’s price. About $70.15 Million Worth Of LUNC Has Been Staked The recent burns of LUNC by Binance have further added to this optimism. As of now, $70.15 million worth of LUNC

The post LUNC Staking Hits All-Time High, Signaling Strong Community Confidence appeared first on The Merkle News.

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Binance Confirms It Will Support Terra Classic (LUNC) Network Upgrade In November 2023

DIGIT — Thu, 16 Nov 2023 12:58:14 +0000

Recently, Binance has authoritatively declared its endorsement of the upcoming Terra Classic (LUNC) network upgrade. This is scheduled for November 20, 2023, at roughly 09:00 UTC. Also, the network transformation is set to happen at block height 15,493,370. #Binance exchange announced that it will support Terra Classic ( #LUNC ) blockchain upgrade. $LUNC chain update will take place on 11/20/2023 at 08:00 (UTC). pic.twitter.com/yYFyDWp21M — LUNC NEWS (@Chot4a) November 16, 2023 Furthermore, in order to work with a seamless transition, Binance will briefly halt deposits and withdrawals of Terra Classic tokens. This will be starting from November 20,

The post Binance Confirms It Will Support Terra Classic (LUNC) Network Upgrade In November 2023 appeared first on The Merkle News.

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Do Kwon says SEC’s extradition request is impossible

DIGIT — Thu, 28 Sep 2023 00:54:04 +0000

The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States.

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Terra Luna Classic contemplates deposit hike to curb spam proposals

DIGIT — Sun, 10 Sep 2023 07:52:31 +0000

This measure is intended to counteract the influx of “spam” and irrelevant proposals submitted for voting within the Terra Luna Classic community.

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Terra money website frozen to prevent more phishing scams

DIGIT — Tue, 22 Aug 2023 09:05:36 +0000

The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.

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Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

DIGIT — Tue, 01 Aug 2023 00:15:02 +0000

Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.

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Binance conducts 11th LUNC burn, 2.65 billion tokens destroyed

DIGIT — Sun, 02 Jul 2023 08:26:58 +0000

The Luna Classic burn mechanism works by automatically burning tokens whenever a transaction occurs on the network.

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Do Kwon denies forging passport, blames ‘Chinese’ agency: Report

DIGIT — Mon, 19 Jun 2023 06:16:19 +0000

Do Kwon has denied forging travel documentation and refuted having any financial ties to Europe Now party leader Milojko Spajić.

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Prosecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report

DIGIT — Fri, 05 May 2023 17:15:00 +0000

The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities.

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Terraform Labs co-founder and nine others indicted in South Korea

DIGIT — Tue, 25 Apr 2023 09:35:00 +0000

The indictment of 10 individuals associated with Terraform Labs, including co-founder Hyun-seong Shin, comes after 11 months of investigation into the collapse of Terra.

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