Binance CEO “CZ” in an AMA on Friday said the crypto exchange will not implement the 1.2% tax burn for off-chain transactions of Terra Classic (LUNC) and USTC. As a result, the Terra Classic (LUNC) price fell nearly 10% to $0.00024 in an hour as Binance accounts for nearly 35% of LUNC supply. While Binance The post Breaking: Binance CEO “CZ” Rejects 1.2% Tax Burn Support For Terra Classic (LUNC) appeared first on CoinGape.