Update
Binance Misses Monthly Luna Classic Burn
Centralized exchange Binance has missed its monthly Luna Classic (LUNC) burn for the first time since 2023. The burn, which Binance pledged to perform, involves burning a portion of every on-chain LUNC transaction. The delay is attributed to the exchange's recovery from a record $6.3 billion hack, which occurred on Friday and was attributed to the North Korean group TraderTraitor.