Binance Delays November Luna Classic Fee Burn Amid Record Hack
Binance has not executed its monthly Luna Classic (LUNC) fee burn for November, a delay linked to the platform’s $6.3 billion hack.

Data: Polymarket, updated every minute. · Ends Nov 7, 2026
This market will resolve according to the number of times Elon Musk (@elonmusk), posts on X from November 5 12:00 PM ET to November 7, 2026 12:00 PM ET.
For the purposes of this market, only main feed posts, quote posts and reposts will count.
Replies will NOT count towards the total - however, replies on the main feed such as https://x.com/elonmusk/status/1786073478711353576 will be counted by the tracker.
Deleted posts will count as long as they remain available long enough to be captured by the tracker (~5 minutes).
Community reposts which are not counted by the tracker not count toward the total.
The resolution source for this market is the 'Post Counter' figure for posts found at https://xtracker.polymarket.com. Individual posts can be viewed by clicking "Export Data". If the tracker does not update correctly in accordance with the rules, X itself may be used as a secondary resolution source.
Resolution source: x.com/elonmusk
Binance has not executed its monthly Luna Classic (LUNC) fee burn for November, a delay linked to the platform’s $6.3 billion hack.
OpenAI CEO Sam Altman’s claim that idle home‑computer memory should be reallocated to AI data centers sparked ridicule from Elon Musk and blockchain figures, highlighting a broader hardware‑supply tension.
Ripple unlocked 1 billion XRP from escrow on November 1, worth about $1.25 billion, but the net impact on circulating supply remains unclear as the company may return a large portion to escrow.
It is the latest price of the Yes outcome. Traders pay that share of a dollar for a contract that pays $1 if the event happens, so the price reads as the market's estimate of the chance.
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Following the largest crypto theft on record, Binance co‑founder Changpeng Zhao publicly urged Elon Musk to cease mocking the exchange, highlighting Binance’s $1 billion‑plus SpaceX share holding.
Musk cautioned that superintelligent AI could use crypto systems to fund themselves, citing the recent Binance hack where stolen USDT was used as collateral on Aave.
Utah prosecutors filed 14 criminal counts against prediction‑market platform Kalshi and its co‑founders for allegedly taking illegal sports bets in the state.