Binance Will Stop Trading Terra Classic (LUNC) For Network Upgrade


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  • 1 year ago
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Binance has announced that it will cease trading Terra Classic (LUNC) starting August 26 at 21:00 UTC. Terra Luna climbed over 19.9 percent in the last 24 hours as of 17:05.
Binance has announced that it will cease trading Terra Classic (LUNC) starting August 26 at 21:00 UTC. Terra Luna climbed over 19.9 percent in the last 24 hours as of 17:05. The Terra network will undergo an upgrade for LUNC validators that have successfully passed a decision to upgrade the network to v0.5.22. All validators will be upgraded before the network reaches block height of 9,109,990 on August 26 at 22:00 UTC. “Recently, the Terra Luna Classic has gone from 10,000 points per coin to 12,500 points per coin,” said Rajagopal Menon, vice president of WazirX. ”In May, there was talk of why the Terra Luna Classic crashed. Then the discussion gradually shifted to Terra Luna Classic vs Terra Luna 2.0, which will be better. On August 26, staking on the Terra Luna classic blockchain was re-enabled and Orion Money officially downloaded version 22 to re-enable staking and include the burn tax.
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