- Binance has announced changes to Terra Classic LUNA burning trading fees.
- Terra Rebels has been accused of stealing $150k from Binance to develop infrastructure.
- Binance has issued conditions to continue burning after engaging with Terra Grants Foundation.
The Twitter account LUNC DAO with over 120k followers has tweeted that Binance has paused the burning of the Terra Classic $LUNC. The decentralized organization behind the Terra Classic ecosystem, Terra Rebels had reportedly stolen $150k from the leading crypto exchange.
Binance just paused $LUNC burningNo surprise after TR’s behaviorThey’re requesting several changes to resume it. TR completely destroyed our negotiating position and track record. I suggest the $LUNC Community fulfils the conditions ASAP in order to retain Binance’s support.The post Binance Pauses Burning Of $LUNC After Terra Rebels Steal $150K appeared first on Coin Edition.