Crypto

Binance Misses Monthly Luna Classic Burn for First Time Since 2023

Summary

Binance has failed to complete its monthly Luna Classic token burn for the first time in nearly two years. The delay comes as the cryptocurrency exchange continues to deal with the aftermath of a massive security breach and theft.

LUNC holders are waiting for Binance’s November burn, but it hasn’t arrived as the exchange recovers from a record $6.3 billion hack.

Source: Read the full story at Decrypt

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