lunc

According to the official announcement, Binance is expected to suspend token deposits and withdrawals for Terra Classic (LUNC) on December 18, 2025, at 22:10 (UTC+8) to support its network upgrade. The project team will perform the network upgrade at block height 26,479,000 (expected on December 18, 2025, at 23:10 UTC+8).

行情显示，LUNC 短时上涨突破 0.000057 美元，现报 0.0000568 美元，日内涨幅超 80%。

ChainCatcher message, OKX will officially delist the following trading pairs on September 29, 2025, from 4:00 PM to 6:00 PM: FORTH/USDT, FORTH/USDⓈ, RUNECOIN/USDT, POLYDOGE/USDT, POLYDOGE/USDⓈ, SC/USDT, SC/USDⓈ, USTC/USDT, LUNC/USDT, LUNC/USDⓈ.Users need to cancel their orders before the delisting; orders that are not canceled will be executed automatically. Deposits have been suspended since 4:00 PM on September 22, 2025, and withdrawals will be suspended from 4:00 PM on December 22, 2025.

ChainCatcher message, OKX will delist USTC USDT and LUNC USDT perpetual contracts on September 18, 2025, at 4:00 PM, and will stop USTC/USDT leveraged trading and spot lending services on September 12, 2025, at 3:00 PM. Please users prepare risk control in advance.

ChainCatcher message, Binance is expected to suspend token deposits and withdrawals for Terra Classic (LUNC) on December 17, 2024, at 19:57 (UTC+8) to support its network upgrade.The project team will perform the network upgrade at block height 21,163,600 (expected on December 17, 2024, at 20:57 UTC+8).

ChainCatcher message, Upbit announced that due to network issues with Luna Classic (LUNC) causing node synchronization problems, the withdrawal of Luna Classic (LUNC) has been temporarily suspended.Luna Classic (LUNC) is an asset that Upbit no longer supports for trading, only for withdrawals. During the suspension of withdrawal support, the recharge refund process for the corresponding digital asset will be paused and will be processed sequentially after the withdrawal support is restored.

ChainCatcher news, according to RootData market data, the "bankruptcy" concept tokens are leading the rise, among which:FTT briefly touched $2.99, currently quoted at $2.5, with a 24-hour increase of 80.58%;USTC (TerraClassicUSD) currently quoted at $0.0274, with a 24-hour increase of 47.47%;LUNA currently quoted at $0.48, with a 24-hour increase of 18.56%;LUNC currently quoted at $0.0001, with a 24-hour increase of 17.11%.

ChainCatcher news, according to the official announcement, Binance is expected to suspend token deposits and withdrawals for Terra Classic (LUNC) on September 18, 2024, at 18:15 (UTC+8) to support its network upgrade. The project team will perform the network upgrade at block height 19,850,000 (expected on September 18, 2024, at 19:15 UTC+8).

ChainCatcher news, according to the LUNC governance forum page, LUNC validator Allnodes has relinquished its voting rights on LUNC proposal #12073, which aims to burn 800 million USTC and blacklist and destroy the Risk Harbor multi-signature wallet valued at approximately 25.9 million USD (according to proposals 11660, 11710, 11832).It is reported that Allnodes is the top-ranked validator node in the LUNC network, holding 14.89% of the voting power. This vote will end on the 26th at 10 PM Beijing time.

ChainCatcher news, or affected by the "Montenegro Court cancels Do Kwon's extradition approval," LUNA, LUNC, and USTC have all risen over 10% in the short term, among which: LUNA is currently priced at $1.0075; LUNC is currently priced at $0.0001617; USTC is currently priced at $0.03548.

ChainCatcher news, according to CoinGape, in the 16th batch of LUNC burns, Binance has destroyed nearly 4 billion Terra Luna Classic (LUNC), bringing the total amount of LUNC burned to over 43 billion, accounting for 52% of the total burns in the Terra Luna Classic community.

ChainCatcher news, the Terra Classic community proposal 11324 "Re-peg LUNC to USTC" has been approved. This proposal outlines an actionable framework for the LUNC community to rebind USTC from the code level, consensus level, and guidelines.It is reported that this proposal is a signaling proposal, and the specific actionable plan will be executed through the Terra Community Trust 23 guidelines, with the ultimate goal of restoring the value lost during the "de-pegging" event in May 2022, while simplifying the burning process of LUNC.According to CoinMarketCap data, as of the time of writing, the price of USTC has surpassed $0.03, with a 24h increase of over 30%. Terra Classic (LUNC) has surpassed $0.0002, with a 24-hour increase of 17.5%. (source link)

ChainCatcher news, the Terra Classic community has voted to pass proposals 11242 and 11243 to increase the LUNC burn rate. These two proposals aim to fund the community pool by setting the mint tax reward policy to zero and increasing Gas fees by 5 times, thereby preventing the re-minting of Terra Classic (LUNC) tokens.Specifically, proposal 11242 will set the mint tax reward policy to zero, effectively preventing LUNC from being re-minted from burns. This proposal received 95.98% of community votes in favor; proposal 11243 will increase Gas fees by 5 times, with 50% of transaction fees going into the community fund pool for developer funding. This proposal received 90% in favor and 11% against. (source link)

Chain Catcher news, Binance will launch its first LUNC fee burn program tomorrow, with the statistical period from September 21 to October 2. Community member @chandru_tg speculates that approximately 1.46 billion LUNC will be burned, equivalent to about 4.87 million USD.It is reported that Binance will calculate the total trading fees for LUNC spot and leveraged trading pairs from the previous week every Monday at 8 AM, and will complete the on-chain transfer and update the weekly report data by 8 AM every Tuesday. (source link)

Chain Catcher news, Terra Classic (LUNC) core developer Edward Kim proposed to remove the stablecoin trading module of Terraswap. Previously, the Terra Classic ecosystem had stablecoins pegged to 23 fiat currencies. Due to the collapse of the Terra ecosystem, although trading between LUNC and these stablecoins has been disabled, trading among these Terra stablecoins can still occur through their "Terra-to-Terra" module. (Source link)

Chain Catcher News, Binance announced that based on community feedback, Binance will change the way it charges deposit and withdrawal fees for Terra Classic network LUNC and USTC.For deposits, LUNC and USTC deposits on Binance will incur withdrawal fees charged by other exchanges or platforms (if applicable). Due to the 1.2% burn tax implemented on LUNC and USTC transactions on the Terra Classic network, Binance will charge a 1.2% aggregation fee on all deposits before they are credited to Binance users.For withdrawals, the amount users receive will be the withdrawal amount minus the withdrawal fee charged by Binance and the 1.2% burn tax. (Source link)

Chain Catcher news, Binance announced support for the Terra Classic transaction fee burn mechanism, and will send all transaction fees from LUNC spot and margin trading pairs to the LUNC burn address.Binance stated that the amount to be burned in the first batch will be calculated based on the trading volume from September 21, 8:00 AM Beijing time to October 3, 7:59:59 AM. Transaction fees for LUNC spot and margin trading pairs charged in tokens other than LUNC (such as USDT, BUSD, and BNB) will be converted to LUNC at Binance's real-time price every Monday at 8:00 AM Beijing time.In addition, Binance stated that from September 21, 8:00 AM to September 27, 8:00 AM Beijing time, the fee rebates for LUNC spot and margin trading pairs under the Binance Spot Liquidity Provider Program will not be counted towards the burn amount. The LUNC burn mechanism will not affect BNB fee discounts, fee rebates, or any other forms of fee adjustments or discounts. The Binance Spot Liquidity Provider Program will suspend fee rebates for LUNC spot and margin trading pairs starting from September 27, 8:00 AM Beijing time. (Source link)

Chain Catcher news, Binance CEO Zhao Changpeng stated on Twitter that he has answered questions related to LUNC in the AMA and mentioned that there is another proposal regarding the 1.2% burn policy for each transaction, which is to add a feature on Binance that allows users to choose whether to burn or not. (Source link)