Binance Will Support For Terra Classic And Kava 13 Upgrade
Binance, the world’s biggest cryptocurrency exchange, said on Wednesday that it would support the Terra Classic v2.0.1 network update as well as the Kava 13 mainnet upgrade. The exchange will support the Terra Classic (LUNC) network update, which is slated for May 17 at 16:45 at block height 12,815,210. The blockchain will be stopped at the block until the update is finished. Binance will halt LUNC and USTC deposits and withdrawals on the Terra Classic (LUNC) network on May 17 at 13:30 UTC.
The Terra Classic blockchain will be upgraded with various improvements, including a minimum starting deposit for governance proposals, an upgrade to Cosmos SDK v0.45.13 and Tendermint v0.34.24, and necessary security upgrades. Proposal 11511 by the Joint L1 Task Force was formally approved with 99.5% of the vote. Moreover, the proposal has received support from significant validators including as Allnodes, StakeBin, JESUSisLORD, Lunanauts, and SolidVote. Moreover, Binance will support the Protocol 13 network update, which is planned to occur at block height 4,832,500 on May 17 at 15:00 UTC. From May 17, the exchange will halt KAVA deposits and withdrawals.
Source
https://t.me/DeFi_Ethereum
