Binance misses Luna Classic burn for first time since 2023
Binance has failed to deliver its monthly Luna Classic (LUNC) burn for the first time since 2023, leaving holders waiting for the November burn. The delay comes as the exchange recovers from a record $6.3 billion hack. Traders in LUNC should watch whether the burn resumes, since Binance's recurring burns have been a key supply-reduction support for the token.