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Binance Misses Monthly Luna Classic Burn for First Time Since 2023

Decrypt·November 3, 2026·1 min read
Binance Misses Monthly Luna Classic Burn for First Time Since 2023

Binance missed its November Luna Classic burn for the first time since 2023, leaving LUNC holders waiting as the exchange recovers from a record $6.3 billion hack. The missed burn raises uncertainty about Binance's commitment, potentially impacting LUNC's deflationary efforts and community trust.

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