Online broker eToro today published a brief notice regarding the LUNC token (Terra Classic).
The LUNC asset will remain in close-only mode until eToro has more clarity.
The full announcement by eToro can be found below:
LUNC UPDATE
Following a notice sent by the Terra foundation, eToro moved the LUNC token (Terra Classic) to close-only status on July 17, 2024. This action was taken due to multiple security policy violations and declining stability in the Terra Classic network.
We understand the impact and assure you that our priority is the security and reliability of our services. The LUNC asset will remain in close-only mode until we have more clarity.
Note: The LUNA token (LUNA2) has already been in close-only status for approximately two years. This happened following the Terra Foundation’s decision to split the original token into LUNA and LUNC.
– The eToroTeam