Odaily Planet Daily News According to the official Twitter, Ankr issued an article explaining the reason for the suspension of aBNB trading: DEX itself has no ability to stop trading, so Ankr recommends that liquidity providers remove liquidity from the liquidity pool. Ankr will definitely not follow LUNA’s solution. After the new ankrBNB token airdrop, aBNBc and aBNBb will be worthless. ankrBNB will be the only token redeemable for staking BNB (unaffected by the exploit). Therefore, Ankr recommends that all liquidity providers remove aBNB to avoid speculative transactions, because DEX usually cannot prevent transaction capabilities, and Ankr cannot prevent speculative transactions, nor can it control other DeFi protocols. Ankr also said its team is working around the clock to compensate users affected by the hack. As previously reported, Ankr stated that the team has assessed the loss, and the value of BNB in the liquidity pool is up to $5 million. Ankr will take a snapshot and reissue ankrBNB to all valid aBNBc holders prior to the exploit. ankrBNB tokens will continue to be redeemable, while aBNBc and aBNBb will no longer be redeemable.
Santiment predicts Terra Luna Classic (LUNC) will experience ‘a week of volatility’
The analytics platform believes that LUNC’s volatility will continue throughout the week. Santiment, a leading cryptocurrency data platform that tracks activity in the top 2,000 cryptocurrencies, said the Terra Luna Classic (LUNC) will experience significant volatility throughout the week. Previously, Binance announced…