LUNC News Highlights: Top Terra Classic Validator Burns 26 Million LUNC, Binance To Burn Monthly

November 7, 2022 Updated September 5, 2025

Editor

Expertise : Crypto, DeFi, Blockchain, Web3, Stocks, AI, Regulations and Lawsuits, & More

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Read full bio

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Terra Classic Officially Releases Its Biggest v2.1.0 Parity Upgrade Proposal

LUNC News Highlights (November 7): Terra Classic validator burns over 26 million LUNC tokens in the weekly burn mechanism. Crypto exchange Binance switches from a weekly LUNC burn mechanism to a monthly basis after completing the fifth batch burn of trading fees on LUNC spot and margin trading pairs.

LUNC News Highlights

Tap here to Add CoinGape as a Trusted Source

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Latest
/
Trending

Saylor’s Strategy Hints at Bigger Bitcoin Buy Amid $5B Unrealized Losses

Crypto Market Today: Pi, Pepe, DOGE, and XRP Post Double-Digit Gains

Trump-Backed American Bitcoin Reserves Surpass 6,000 BTC, Now Worth $425.82M

Expert Predicts Bitcoin Dip to $49K as ‘Trump Insider’ Whale Dumps 5,000 BTC

Bitcoin Price Rebounds $70K, Here are the Top Reasons Why?

Top Crypto Market Events To Watch This Week- Bearish or Bullish?

Here’s Why is Crypto Market is Struggling to Recover (Feb 13)?

Why Galaxy CEO Mike Novogratz Signals End of Crypto’s Speculative Era

White House to Host Stablecoin Meeting on Feb 10: What’s to Expect For Crypto Market?

Top Crypto Market Events to Watch This Week

Premium Partners

Best Change

Mexc

PrimeXBT

Bitget

Newsletter

Your crypto brief.
Delivered every day.

Insights that move markets
100,000 active subscribers

By signing-up you agree to our Terms and Conditions and Privacy Policy.

RECOMMENDED

price analysis

Best Crypto Presales To Invest In February 2026 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2026

Top Meme Coins To Buy In February 2026

Best Cloud Mining Platforms For 2026

About Author

Varinder Singh

About Author

Varinder Singh

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.