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Coinbase Reportedly Re-listing Terra’s LUNA Classic

Reports are emerging that Coinbase, one of the leading cryptocurrency exchanges, is preparing to re-list Terra’s LUNA Classic (LUNC) token. The potential re-listing of LUNA Classic comes after its delisting from the platform in the past, marking a significant development for both Terra and Coinbase users.

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Reports are emerging that Coinbase, one of the leading cryptocurrency exchanges, is preparing to re-list Terra’s LUNA Classic (LUNC) token. The potential re-listing of LUNA Classic comes after its delisting from the platform in the past, marking a significant development for both Terra and Coinbase users.

Terra, a blockchain platform focused on building a decentralized stablecoin ecosystem, has gained considerable traction in the crypto space in recent years. Its native token, LUNA, plays a crucial role in the Terra ecosystem, serving as the collateral backing its stablecoins and facilitating various decentralized finance (DeFi) applications.

The decision to re-list LUNA Classic on Coinbase could provide a major boost to Terra’s ecosystem, as it would increase accessibility and liquidity for LUNA holders and users. Coinbase, known for its strict listing criteria and regulatory compliance standards, re-listing LUNA Classic underscores the platform’s confidence in Terra’s technology and its potential to deliver value to users.

The potential re-listing of LUNA Classic also reflects the growing demand for Terra’s products and services in the cryptocurrency market. With a focus on stability and scalability, Terra has emerged as a promising player in the DeFi space, offering innovative solutions for cross-border payments, remittances, and decentralized finance.

While the news of Coinbase’s plans to re-list LUNA Classic is generating excitement among Terra supporters, it is important to note that the re-listing has not been officially confirmed by Coinbase at the time of writing. As such, users are advised to exercise caution and await official announcements from Coinbase regarding the re-listing of LUNA Classic.

If confirmed, the re-listing of LUNA Classic on Coinbase could have significant implications for the token’s price and market dynamics. Increased visibility and accessibility on a platform as prominent as Coinbase could attract new investors and traders to LUNA Classic, driving demand and potentially leading to price appreciation.

In conclusion, the potential re-listing of Terra’s LUNA Classic on Coinbase represents a notable development for both Terra and Coinbase users. While the news is generating excitement within the crypto community, users are encouraged to stay informed and await official confirmation from Coinbase regarding the re-listing of LUNA Classic.

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Binance tightens South African compliance rules for crypto transfers

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Binance is tightening compliance measures for crypto transactions in South Africa, announcing it will fully implement the country’s Travel Rule requirements beginning January 2025. The move aligns with regulations set by South Africa’s Financial Intelligence Centre (FIC) and reflects the exchange’s broader efforts to meet global anti-money laundering standards.

Under the new rules, Binance will require South African users to include verified personal information—such as names, addresses, and account details—when sending or receiving crypto between platforms. These changes are designed to increase transparency and traceability of digital asset transfers, making it harder for illicit actors to exploit decentralized networks.

Binance emphasized that users must complete know-your-customer (KYC) verification before transferring crypto to or from external wallets. Transfers to non-compliant platforms may be restricted or flagged, while internal transfers within Binance or to Travel Rule-compliant entities will remain unaffected.

The announcement follows South Africa’s decision in 2023 to designate crypto as a financial product, placing digital asset providers under the supervision of the FIC. The country has since taken steps to integrate crypto into its formal regulatory structure, including licensing requirements and mandatory reporting obligations.

With enforcement beginning in 2025, Binance urged users to familiarize themselves with the new procedures to avoid disruptions. The exchange also plans to provide additional guidance and tools to help users remain compliant as the deadline approaches.

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Ethereum bounces back as market dominance recovers from all-time low

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Ethereum has staged a notable recovery after recently experiencing its lowest market dominance since its early days. The turnaround comes as ETH surged nearly 4% in the past 24 hours, climbing back above the $3,100 mark and narrowing its underperformance gap relative to Bitcoin.

For much of 2024, Ethereum has trailed behind Bitcoin and a growing wave of altcoins, with its market share dropping below 15% — levels not seen since 2015. The slump was driven by investor focus on Bitcoin ETF momentum, lackluster institutional interest in ETH, and rising competition from layer-1 and layer-2 networks offering faster and cheaper alternatives.

Despite these challenges, Ethereum’s fundamentals remain strong. Data shows a healthy uptick in active addresses, transaction volumes, and total value locked in DeFi protocols built on Ethereum. Additionally, hopes remain high for the approval of a spot Ethereum ETF in the U.S., with analysts suggesting a potential turnaround in institutional flows if approved.

Traders are now watching whether this rebound signals a sustained trend reversal or just a temporary relief rally. With key upgrades and ecosystem developments still in the pipeline, Ethereum’s ability to regain dominance may hinge on reigniting both investor confidence and broader developer activity.

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SEC says it won’t re-file fraud case against Hex’s Richard Heart

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The U.S. Securities and Exchange Commission (SEC) has confirmed it will not pursue a retrial in its fraud case against HEX founder Richard Heart, effectively bringing an end to one of the agency’s high-profile crypto enforcement actions.

The decision follows a recent court ruling that dismissed several key allegations against Heart, including claims that he misled investors and violated securities laws through the promotion and sale of HEX, PulseChain, and PulseX tokens. While the SEC initially signaled it would consider further legal options, it has now opted to forgo additional litigation.

Heart, a controversial figure in the crypto world, had long denied the SEC’s accusations, framing the lawsuit as an overreach by regulators. The agency had alleged that Heart raised over $1 billion from investors while misrepresenting how funds would be used and failing to register the offerings.

With the SEC stepping back, the dismissal marks a rare instance in which the regulator has chosen not to continue a crypto-related fraud case, potentially signaling a reassessment of its approach amid growing legal pushback and mounting scrutiny over its enforcement tactics.

Although the case is now closed, legal analysts suggest the outcome could influence future regulatory efforts and may embolden other crypto founders facing similar challenges. Heart, meanwhile, has positioned the development as a vindication, reaffirming his stance that HEX and related projects were never in violation of U.S. securities laws.

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