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Binance misses November Luna Classic burn for first time since 2023

Summary by Crypto Briefing
Binance's missed burn raises uncertainty about its commitment, potentially impacting LUNC's deflationary efforts and community trust.
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The expected fire of Luna Classic (LUNC) of Binance corresponding to November still does not appear in StatsBin records, interrupting a sequence of monthly transactions recorded from March 2023 until October 2026. The last entry remains a burn of October 1 by 334.88 million LUNC. The absence of a transaction in November breaks a 44-month streak in the tracker, although StatsBin warns that a month without registration should not be automatically …

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Binance skipped its November Luna Classic burn; the first disruption since March 2023. The exchange is recovering after the $6.3 billion hack, the largest in history.

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At the beginning of November, the monthly burning of Binance's LUNC did not yet appear in the StatsBin records cited by the original publication. The cause of the delay was not confirmed by the exchange, while the Terra Classic community was waiting for news on an operation linked to its supply reduction campaign. *** According to the StatsBin data cited in the note, at the beginning of November there was still no record of Binance's monthly bur…

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Decrypt broke the news in New York, United States on Tuesday, November 3, 2026.
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