CryptoHypeBuster
Binance Misses Monthly Luna Classic Burn for First Time Since 2023
Decrypt · Tue, 03 Nov 2026 12:15:29 GMT
Hype 12/100 · Market impact 55/100 · Breaking 45/100
Binance, a cryptocurrency exchange, has not completed its November burn of Luna Classic tokens, the first monthly burn it has missed since 2023. The Luna Classic burn is a monthly action by the exchange, and holders of the token, known as LUNC, are waiting for the November burn to arrive. The missing burn coincides with Binance's recovery from a record $6.3 billion hack. The expected monthly LUNC burn remains uncompleted.