Binance halts Luna and UST trading across most of its spot pairs following meltdown

Binance, the world’s largest cryptocurrency exchange, has suspended trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens across most of its spot pairs, and for Luna, additionally across all of cross margins and isolated margins pairs following one of the biggest meltdowns in the history of cryptocurrencies.
The move, which follows the exchange pulling support for trading of futures contracts for the Luna token earlier on Thursday, comes as Terraform Labs has increased the circulating supply of Luna tokens to over 6.5 trillion, up from 386 million three days ago (accord

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