Binance to Shut Down Withdrawals for Terra (LUNA) on This Date: Reason

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Binance to Shut Down Withdrawals for Terra (LUNA) on This Date: Reason
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Terra tokens have seen a surprising price and volume spike; LUNC jumped 50%, with its volume surging 948% in the last 24 hours amid the Binance news.

Terra tokens have seen a surprising price and volume spike; LUNC jumped 50%, with its volume surging 948% in the last 24 hours amid the Binance news.Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.

Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.'s network upgrade, which will take place at block height 18,660,000, or on Dec. 8 at 1:05 p.m. . This would also ensure the best user experience, The trading of tokens on the Terra network will not be affected, as users will still be able to trade. Deposits and withdrawals will be reopened once theMorning Crypto Report: Elon Musk's SpaceX Relocates $100 Million in Bitcoin, USD Stablecoin $1 Million Exploit, New Cloudflare Outage Takes Down CoinbaseCrypto Market Prediction: 150% Shiba Inu Skyrocketing, Is Ethereum Death Cross Cancelation Confirmed? Where's Bitcoin Going to Stop: $93,000, $86,000 or Lower?The Terra Chain will be upgrading to v2.18 on Dec. 8, 2025. This chain upgrade contains important upgrades for blockchain stability and security. The upgrade also burns ASTRO tokens to restore proper IBC balances, an issue from the IBC Exploit.Terra rose 23.15% in the last 24 hours to $0.08724, an outlier against the backdrop of the broader crypto market, which saw most cryptocurrencies trade in red and $298 million in liquidations. The Terra token has been on the sidelines since its historic crash in 2022, which wiped out billions of dollars in value.also mirrored this rise, up 50.11% in the last 24 hours to $0.00004183, with its 24 hour trading volume rising 948% to $117.24 million. Terra ClassicUSD rose 23% weekly, with its 24-hour trading volume skyrocketing 1,254% to $19.29 million. The Terra ecosystem launched the Terra 2.0 blockchain in May 2022, following the collapse of the original Terra network. The original LUNA coin was tied to the algorithmic stablecoin TerraUSD , whose loss of its U.S. dollar peg in May 2022 led to a collapse in value across both tokens. The new token created by a hard fork afterwards was named Terra , while the original chain was renamed Terra Classic and the TerraUSD stablecoin renamed Terra ClassicUSD . Hotstuff Labs launches Hotstuff, a DeFi native Layer 1 connecting On-Chain Trading with Global Fiat Rails

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