Binance to Suspend LUNC Deposits In Support of Network Upgrade, Do Kwon Pleads Guilty

Crypto exchange Binance has announced support for the upcoming Terra Luna Classic (LUNC) blockchain upgrade on August 15, disclosing that it would suspend all deposits and withdrawals of tokens on the network to ensure a smooth experience.

In a short announcement, Binance explained that the upgrade would occur at 15:30 UTC at the block height 24,660,000. Within the period, trading of Terra network-related tokens would not be interrupted as the exchange would handle all technical requirements involving users.#LUNC