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 <h2 id="binance-to-support-terra-luna-classic-core-upgrade">Binance To Support Terra Luna Classic Core Upgrade</h2> 
 <p><a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> in an official announcement on September 12 revealed support for the Terra Luna Classic network upgrade. The v2.2.1 core upgrade will happen at block height 14514000 on September 12 at 10:15 UTC, according to the countdown.</p>  
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 <p>The crypto exchange will suspend deposits and withdrawals of tokens through the <a rel="noopener noreferrer nofollow" title="Terra Classic" href="https://thebittimes.com/tag/terra-classic.html">Terra Classic</a> network an hour before the upgrade. However, the spot and margin trading of LUNC and USTC on the <a rel="noopener noreferrer nofollow" title="Terra Classic" href="https://thebittimes.com/tag/terra-classic.html">Terra Classic</a> (LUNC) network will continue to operate normally during the upgrade.</p> 
 <blockquote> 
  <p class=" richtext-paragraph  css-127w7vq"><span class="richtext-text css-68muu9" data-bn-type="text">“<a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> will handle all technical requirements involved for all users. </span><span class="richtext-text css-68muu9" data-bn-type="text">We will reopen deposits and withdrawals of tokens via the <a rel="noopener noreferrer nofollow" title="Terra Classic" href="https://thebittimes.com/tag/terra-classic.html">Terra Classic</a> network once we deem the upgraded network to be stable, and we will not notify users in a further announcement.”</span></p> 
 </blockquote> 
 <p>CoinGape Media earlier reported that the proposal received unanimous support from the Terra Luna Classic community, with 99.85% “Yes” votes. In total 50 validators participated in the governance voting and 49 voted in favor of the proposal. Top validators including Allnodes, Interstellar Lounge, HappyCattyCrypto, Stakely, 1maxfee, and others support the proposal.</p>  
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 </div> 
 <p>The&nbsp;v2.2.0 core upgrade&nbsp;includes cosmos SDK upgrade, tendermint migration to CometBFT, IBC-go to v6, and wasmd. The upgrade also implements key changes earlier passed through governance voting including splitting the burn tax to the distribution module.</p> 
 <p><strong>Read More: Terra Luna Classic Validators Divided On Proposal To Revive USTC And LUNC To $1</strong></p> 
 <h2 id="community-anticipates-jump-in-lunc-and-ustc-prices">Community Anticipates Jump In LUNC and USTC Prices</h2>  
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 <p>Terra Luna Classic and USTC prices fell more than 5% on Monday due to pressure amid a selloff across the crypto market.</p> 
 <p>LUNC price jumped 3% from the 24-hour low of $0.0000557, with the price currently trading at $0.000057. Trading volume has also increased 35% in the past 24 hours. However, it still continues to trade under pressure.</p> 
 <p>Meanwhile, USTC price trades at $0.012, also up 3% in the past 24 hours. The 24-hour low and high are $0.0118 and $0.0122, respectively.</p> 
 <p><strong>Also Read:</strong></p> 
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  <li>PayPal Deepens Into Crypto With Web3 On and Off Ramps Payments</li> 
  <li>Bitcoin Forms ‘Death Cross’, Bullish Or Bearish For BTC Price?</li> 
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</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/binance-announces-support-for-terra-luna-classic-lunc-tbt62386.html">https://thebittimes.com/binance-announces-support-for-terra-luna-classic-lunc-tbt62386.html</a></p>

Binance Announces Support For Terra Luna Classic (LUNC)

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