Binance Misses Monthly Luna Classic Burn for First Time Since 2023

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.
Key Takeaways
- 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.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Security

Tether freezes $1.5 billion in 30 minutes after Binance hack, but $729 million escapes
Tether describes immobilized USDT, while US precedents show separate decisions governing custody, ownership and return. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Liquid Network restores full bitcoin backing following $320 million exploit
Liquid Network said its bitcoin reserves are back to full backing after September's exploit, with Blockstream providing the funds.

Binance’s net inflows turn positive at $2.3B as withdrawals expand
Binance led exchanges in 24-hour net inflows, reversing Monday’s heavy outflows as it restored access to funds after its $6.3 billion hack.