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Year: 2022

Ripple’s Partner, DeeMoney, Initiates Partnership With Visa To incorporate Visa Direct With International Payment Platform
Ripple News

Ripple’s Partner, DeeMoney, Initiates Partnership With Visa To incorporate Visa Direct With International Payment Platform

The recent development revealed that Ripple’s partner, DeeMoney, has entered a partnership with Visa to incorporate Visa Direct with its international payments platform. According to the report, the partnership will allow users to carry out near-instant peer-to-peer cross-border payments to over 170 countries in 160 currencies using only the recipient’s Visa card details. Visa said recipients would receive funds within 30 minutes of the transaction, unlike traditional cross-border payment methods that take days to reach the recipients. Read Also: Proposal 1111 To Repeal Reminting Of 50% LUNC Has Been Successfully Passed https://twitter.com/1CrypticPoet/status/1607542655285694464 DeeMoney And Visa Partnership To Function By 2023 As a matter of precision, the service will c...
Proposal 1111 To Repeal Reminting Of 50% LUNC Has Been Successfully Passed
Blockchain

Proposal 1111 To Repeal Reminting Of 50% LUNC Has Been Successfully Passed

As covered by the Cryptolifedigital previously, the repealing of the reminting of 50% of all burned LUNC tokens, the recent development confirmed that proposal 1111 has been successfully passed. Notably, the new proposal stands against the content of the formal proposal 10983 which allows the community to remint an amount representing 50% allocation of all burned LUNC tokens within a particular epoch to the community pool to 10% at the end of the period. Read Also: TerraCasino Burns Over 23 Million In A Month After It Resumes Its Dedication Proposal 1111 Is Successful, No Reminting Submitted a week ago by the co-owner of the LuncLive validator, Matts Market, Prop 11111 aims to address concerns raised by community members in response to proposal 10983. The proposal crossed the...
TerraCasino Burns Over 23 Million In A Month After It Resumes Its Dedication
Cryptocurrency

TerraCasino Burns Over 23 Million In A Month After It Resumes Its Dedication

The recent tweet shared by TerraCasino reveals the platform has burned over 23 million Terra Luna Classic (LUNC). Interestingly, the venue set a total of 5 million on fire on Christmas in addition to the already burned. “From the @TerraCasino_io team we would like to thank all of our existing customers and those yet to enjoy us a very Happy Christmas or holiday season,” the casino tweeted. “To help you celebrate it we have just burned another 5m LUNC.” Read Also: Shiba Inu Burn Rate Spikes 642.63% As Over 27 Million SHIB Is Burnt https://twitter.com/TerraCasino_io/status/1606859642222559235 TerraCasino Burns Over 23 Million Out 24 Billion In six Months The rate at which TerraCasino burns is seen at a low pace compared to the onset promise of burning 24 billion LUNC in six...
Terra Classic Burn Rate Spikes Massively As Over 20 Million LUNC Is Incinerated
Cryptocurrency

Terra Classic Burn Rate Spikes Massively As Over 20 Million LUNC Is Incinerated

Almost 20.0 million Terra classic (LUNC) tokens have been incinerated over the past 24 hours amid a rally resulting in a 6% price surge and massive increase in burn rate, making LUNC the highest-gaining asset in the past day among the top 100 mainstream tokens. The analysis done by the Burn and Build validator node under the control of an anonymous crypto influencer Crypto King revealed that over 95% of the total LUNC burns within the past 24 hours, burning up to 20M tokens in a single transaction. Read Also: Shiba Inu To Incorporate Its Community Members In Its Upcoming Video Series Terra Classic Burn Rate Spikes He added that the massive burn is his team’s way of saying thanks to the community for delegating to them. “Our LUNC burn and build node just burned 20 MILLION T...
Shiba Inu Burn Rate Spikes 642.63% As Over 27 Million SHIB Is Burnt
Shiba Inu

Shiba Inu Burn Rate Spikes 642.63% As Over 27 Million SHIB Is Burnt

Shiba Inu's burn rate has been seen over time as the massive amount being sent into the inferno wallet, the recent report revealed that Shiba Inu Community burned a whopping 27.29 Million SHIB in the past 24 hours. The major burn comes from the unknown wallet holding 313.44 Billion SHIB. Over 27 Million Is Burnt Resulting To Shiba Inu Burn Rate Spike SHIB Army collectively sent a total of 27,291,662 (27.29M) SHIB to the “inferno” addresses via four separate transactions in the past 24 hours. Read Also: TerraCVita Releases Whitepaper To Show How Helpful They Can Be To LUNC https://twitter.com/shibburn/status/1606515023542616065 However, the mysterious wallet that has a total of 313.44 Billion SHIB in its care has sent the biggest Shiba Inu into the fire over the last 24 ho...
Shiba Inu To Incorporate Its Community Members In Its Upcoming Video Series
Shiba Inu

Shiba Inu To Incorporate Its Community Members In Its Upcoming Video Series

According to the recent blog post released by Shiba Inu, it announced that it will be releasing a series of promotional video over the coming months. According to the blog post, these videos will highlight the current work being done on SHIB: The Metaverse and other new projects related to cryptocurrency.  Shiba Inu Plans To Incorporate Its Members Into Promotional Video Series Furthermore, Shiab Inu stated that it intends to ”incorporate” its community members into its upcoming promotional video series.  “Over the coming months, we will be releasing a series of promotional videos displaying the current work being done on the Metaverse, as well as new reveals! Our goal is to incorporate our members into these publications, showcasing the backbone of this movement and highlig...
TerraCVita Releases Whitepaper To Show How Helpful They Can Be To LUNC
Blockchain

TerraCVita Releases Whitepaper To Show How Helpful They Can Be To LUNC

The recent tweet shared by the Terra Classic development group TerraCVita has released its whitepaper. The 20-page document (including tables of content and cover pages) also includes the team’s roadmap. https://twitter.com/TerracVita/status/1606111905873010689 TerraCvita States How They Can Be Of Help To LUNC According to the document, it promises to include plans to launch a decentralized exchange (DEX), a governance token via an initial coin offering, a Terra Classic fiat on/off-ramp, a launchpad for projects, and a metaverse. The roadmap reveals that the team plans to burn 5 trillion Terra Luna Classic (LUNC) through decentralized applications (DApps). Read Also: Whales Withdraw Massive 150 Million XRP Tokens From Binance. What Does This Suggest? From the look of...
Whales Withdraw Massive 150 Million XRP Tokens From Binance. What Does This Suggest?
XRP News

Whales Withdraw Massive 150 Million XRP Tokens From Binance. What Does This Suggest?

The recent development captured an update on the massive transactions of some whales as a massive 150 million XRP tokens was withdrawn from Binance. The massive withdrawal is an indication that crypto investors are still in the business of shuffling vast amounts of the XRP even as the year draws to an end. Whales Withdraw Massive XRP Tokens Precisely, the report shows that the transaction took place at precisely 14:23 (UTC). Whale Alert noted that the 150M XRP tokens were worth around $52.1M. Read Also: Terra Classic Currently Votes On The Proposal To Repeal The Reminting Of 50% LUNC Burns Allocated To The Community Pool. How Good Is This? https://twitter.com/whale_alert/status/1605932123189387266 Data from XRP-centered explorer Bithomp shows that the user current...
Terra Classic Currently Votes On The Proposal To Repeal The Reminting Of 50% LUNC Burns Allocated To The Community Pool. How Good Is This?
Blockchain

Terra Classic Currently Votes On The Proposal To Repeal The Reminting Of 50% LUNC Burns Allocated To The Community Pool. How Good Is This?

The recent proposal which is being voted upon currently stated that the reminting of 50% of all Terra Luna Classic (LUNC) burns allocated to the community pool at the end of every epoch.  Terra Classic Votes To Repeal Reminting 50% LUNC Burns The latest proposal with ID 11111 suggests that the parameter be returned to 10% from the original parameter change that reduced the on-chain tax to 0.2%. Matt’s Market (@MarktMatts), who authored the latest proposal, argues that the current 50% reminting rate risked alienating supporters of the Terra Classic community who did not consent to this change. Read Also: Binance Concludes The Second LUNC Airdrops, Coinbase's Buying Of Over $200 Million Awaits Confirmation Notably, in the course of the voting process for proposal 10...
Binance Concludes The Second LUNC Airdrops, Coinbase’s Buying Of Over $200 Million Awaits Confirmation
Cryptocurrency

Binance Concludes The Second LUNC Airdrops, Coinbase’s Buying Of Over $200 Million Awaits Confirmation

The recent is shows that the Terra Classic movement is against the bearish in the general market as it spikes on speculative reports proposing that America’s largest trading platform Coinbase is looking to buy massive LUNC worth over $200 million. Interestingly, the asset is currently having the hands of support from the largest crypto exchange, Binance as it completed its second airdrop round of LUNA tokens. Read Also: XRP Holders Within 1 Million To 10 Million Accumulate Continually, Setting New All-time High Binance Concludes Second LUNC Airdrop Recall that Binance concluded the first phase of the Terra (LUNA) airdrop to holders of Terra Classic (LUNC) and TerraClassicUSD (USTC) on May 31 which represents 30%. Per Binance’s announcement, Binance said, “it will carry out the...