LUNC Is Doomed as It Becomes Most Unprofitable Crypto Among Top 100

Gamza Khanzadaev Terra Classic (LUNC) is most unprofitable crypto of week among top 100 by market cap LUNC or Terra Classic, a shard from infamous once multi-billion-dollar Terra, has become the most ...

LUNC investors react to CZ’s 1.2% trading tax recommendation on Binance

The infamous collapse of the Terra ecosystem, which erased market prices of TerraUSD (UST) and LUNA tokens, continues to trouble anxious investors as co-founder Do Kwon, crypto exchanges and the commu...

Terra Classic (LUNC) Transfers on Binance (BNB) Will Be Taxed. When?

Vladislav Sopov Binance (BNB), largest centralized cryptocurrency exchange, decided to finally impose tax on LUNC transfers Contents Binance (BNB) implements 1.2% burn tax in two steps What is LUNC bu...

New LUNC Token Burn Feature Proposed by Binance CEO

Alex Dovbnya Binance boss claims that exchange could potentially implement additional trading fee for burning LUNC tokens, but some community members disagree During a recent ask-me-anything session c...

LUNC Sees High Interest from Crypto Community, Where Might This Lead?

According to on-chain analytics firm Santiment, LUNC, the native asset of the old Terra Chain, is facing high interest from the crypto community as it is seeing a notable rise in related discussions. ...

Binance Implements “Opt-In Button” For 1.2% Tax Burn On Terra Classic (LUNC)

Binance CEO “CZ” in AMA on Friday pointed out that the 1.2% tax burn for off-chain transactions of Terra Classic (LUNC) is not feasible on centralized exchanges like Binance. He believes another optio...

Why Terra Classic [LUNC] may be poised for a 10% dump in the next few days

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] faced stiff resistance near the $19.6k mark and reg...

CZ Suggests Charging Users A Fee For Burning LUNC Tokens, Criticized

The post CZ Suggests Charging Users A Fee For Burning LUNC Tokens, Criticized appeared first on Coinpedia Fintech News During a recent Q-n-A session on Twitter Spaces, Binance CEO Changpeng Zhao (CZ) ...

MEXC Global Resumes 1.2% Terra LUNA Classic (LUNC) Tax Burn On Spot Trading

– Advertisement –   MEXC once again throws its hat in the ring for the LUNC community. In a tweet today, popular Terra Rebel, Vegas revealed that leading crypto exchange MEXC Global appear...

Binance Becoming Serious To Implement Terra Classic 1.2% Tax Burn on Trading, Proposes Three New Steps To Burn LUNC

– Advertisement – Binance’s Changpeng Zhao, CZ, Says LUNC 1.2% Burn Will Be Implemented On Spot Trading After These 3 Steps. CZ expands on Binance’s roadmap to implement the 1.2% burn on a...

Everything you need to know about LUNC burn & Binance’s role in it

Binance CEO Changpeng Zhao is one of the most active social media corporate persons. He interacts with users on Twitter and other social platforms to ensure that the company delivers in the best possi...

Not $1, But Terra Classic (LUNC) Price May Hit This Target Soon!

Following the recent 1.2% tax burn implementation, the Terra Classic community is working harder than ever to achieve the $1 pricing point. However, only roughly 540 million LUNC had been destroyed in...

Binance CEO “CZ” Rejects 1.2% Tax Burn Support For Terra Classic (LUNC)

Binance CEO “CZ” in an AMA on Friday said the crypto exchange will not implement the 1.2% tax burn for off-chain transactions of Terra Classic (LUNC) and USTC. As a result, the Terra Classic (LUNC) pr...

Binance CEO says ‘No’ to 1.2% Terra Classic (LUNC) Tax Burn

Binance would not apply the 1.2% tax burn for off-chain transactions of Terra Classic (LUNC) and USTC, as revealed by the CEO “CZ ” in an AMA on Friday. As a result, the price of Terra Classic (LUNC) ...

Group Behind 1.2% Tax Burn For Terra Classic (LUNC) Warns Community

Terra Rebels, the developer group behind the 1.2% tax burn proposal, warns the Terra Classic community about the Baby Luna Classic rug pull. Terra Rebels member reXx said the community needs to be awa...

Binance to add opt-in button for 1.2% LUNC burn tax on all trades

Binance CEO Changpeng Zhao (CZ) was asked if Binance was ever going to apply the 1.2% tax on Terra Luna Classic (LUNC) off-chain trades. CZ answered the question during a Twitter AMA, stating that Bin...

Binance CEO Gives A New Proposal To Apply 1.2% Burn On All Terra Classic (LUNC) Spot Trades

– Advertisement –   Binance Reluctant to Implement The 1.2% Tax Burn on LUNC Spot Trade, as CZ Suggests An Alternative. Binance remains reluctant to implement the LUNC 1.2% tax burn on LUN...

OKX Implements Terra Classic Tax Burn, As Half A Billion LUNC Burnt With 1.2% Burn Proposal

– Advertisement – More exchanges jump on the bandwagon. Leading crypto exchange OKX has implemented the 1.2% tax burn on deposits and withdrawals.  It comes nearly a week after it said in ...

That’s Why Terra Classic (LUNC) Is More Likely To Clinch $0.01 Price Point Than $1

– Advertisement –   Can Terra Classic (LUNC) reach $0.01 soon.? The Terra Classic community is driving on a dream to clinch the $1 price point, strengthened more than ever following the 1....

The 1.2% Tax Burn Mechanism of Terra Classic (LUNC)

The Terra community introduced a 1.2% tax burn for all on-chain transactions of LUNC on its network. Tax Burn Mechanism on Terra Classic Network On the Terra Classic Network, the Tax Burn mechanism re...

LUNA, LUNC investors may experience some distress due to this update

A piece of proposed legislation in the House of Representatives would put a two-year moratorium on creating algorithmic stablecoins. According to Bloomberg’s latest version of the legislation, it woul...

LUNC Is Dangerously Close to Plunging to 0, Here’s Why

Arman Shirinyan Heir of notorious Terra Luna is plunging following effective implementation of burn proposal Luna Classic holders were waiting for the upcoming 1.2% tax implementation, after which the...

What’s Next for LUNA and LUNC Prices with Do Kwon on the Run?

Terra Classic (LUNC) has regained its footing after decreasing sharply for nearly two weeks. On the other hand, Terra (LUNA) shows no signs of a bullish reversal and is trading in a bearish pattern. U...

Over 9M Terra Classic Burnt By Tax Burn In Few Hours, Here’s How Much LUNC Would Be Burnt Weekly, Monthly & Annually

– Advertisement –   Terra LUNA Classic (LUNC) supply has been reduced by over 9 million in just two hours. In just a few hours since the LUNC 1.2% tax proposal went live, over 9 million LU...

Crypto.com Announces Support For LUNC 1.2% Tax Burn

As a means of decreasing supply, the LUNC plans to use the Tax Burn strategy. The approved plan will take effect at the block height of 9,475,200. Perhaps the worst cryptocurrency crash ever occurred ...

eToro And Crypto.com To Support 1.2% Tax Burn For Terra Classic (LUNC)

Crypto exchanges eToro and Crypto.com are supporting the 1.2% tax burn for Terra Classic (LUNC) and USTC on the Terra Classic network. While Crypto.com has announced to support the tax burn for on-cha...

Thinking About Investing In $LUNC or $LUNA? Make Your Money Back With Better Utility Coins

Terra Luna Classic (LUNC) and Terra (LUNA) have been market favorites for short-term trading in the past weeks. Both coins are tied to the now defunct project from Terra Labs, which wiped nearly $50 b...

Terra LUNA Classic (LUNC) 1.2% Tax Burn Goes Live

– Advertisement –   The 1.2% tax burn is here. reXx Member of the Terra Rebels announced the update: Happy burn day #LUNC community. The 1.2% Burn Tax is officially live. — reXx™ (@reXxTer...

eToro Supports Terra LUNA Classic (LUNC) 1.2% Burn, Looks Set To Implement Burn On Trading

– Advertisement – eToro Pledges Support For The Terra LUNA Classic (LUNC) 1.2% Burn Proposal. eToro will apply tax to trading activities in a unique way. Popular trading platform eToro, in...

Terra Classic (LUNC) Impacted Crypto Exchange Under Investigation

South Korea’s Financial Intelligence Unit (FIU) extends its comprehensive anti-money laundering and compliance inspection into crypto exchange Bithumb for two more days. The South Korean regulators ha...

Twitter Got Flooded With 1000x Gains From LUNC.

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Crypto.Com Confirms Support For Terra Classic (LUNC) 1.2% Tax Burn

– Advertisement –   Crypto.com becomes the latest top exchange to add support for Terra Classic (LUNC) 1.2% Tax Burn. The LUNC 1.2% tax burn is Scheduled at block 9,475,200, expected to be...