Saturday, February 4

Author: Cryptolifedigital

Terra Classic (LUNC) Reclaims Its Four-Month-Old Price Record As It Spikes Up To 18%
Cryptocurrency

Terra Classic (LUNC) Reclaims Its Four-Month-Old Price Record As It Spikes Up To 18%

There has been a very impressive move in the Terra Classic as the LUNC token displayed a nice activity, breaking through some resistances, reclaiming its four-month-old price record. According to the record, the LUNC reclaimed its price territory at $0.0002 for the first time since dropping from it last November ( four months ago) in the wake of the FTX blowout. The asset recaptured the price level today after staging a 15% price surge within an hour to a high of $0.0002082. Terra Classic (LUNC)'s Four-Month-Old Price Record As stated by the Crypto influencer Classy, highlighting the bull run shortly after the token regained the feat. Classy noted; “LUNC just broke back into the 2’s for the first time in a while! LFG,” he remarked in a tweet today, sharing his excitement over...
Coinbase Gains Victory Over The Allegation Against It For Selling Unregistered Security, Ripple Expects Coinbase To Relist XRP
Ripple News

Coinbase Gains Victory Over The Allegation Against It For Selling Unregistered Security, Ripple Expects Coinbase To Relist XRP

It was a celebration gallon when the Coinbase exchange gained victory over the allegation laid against it for selling unregistered security to the customers and given this, the community of XRP got their hope alive, expecting the exchange to list XRP tokens again. According to reports, United States District Judge Paul Engelmayer dismissed a class action filed by Coinbase customers claiming the exchange sold unregistered securities to them. The customers also claimed that the prominent San Francisco-based exchange failed to register as a broker-dealer.  Read Also: London Lions Basketball Team Now Supports Shiba Inu The case, filed against Coinbase and its CEO Brian Armstrong, was dismissed yesterday by Judge Engelmayer. The United States District Judge tossed out the case because...
London Lions Basketball Team Now Supports Shiba Inu
Shiba Inu

London Lions Basketball Team Now Supports Shiba Inu

As stated in the recent announcement, the supporters of the London Lions will be allowed to connect more than 100 different cryptocurrency wallets, including MetaMask and Trust Wallet, to transact with the club using SHIB. BitPay To Enable Sales Of London Lions Basketball Ticket It is worth noting that BitPay will soon design a platform for customers to buy tickets directly from its platform using Shiba Inu. Aside from Shiba Inu, the London Lions’ fans can also use other BitPay-supported crypto assets to purchase the club’s merchandise and game tickets.  https://twitter.com/LondonLions/status/1620754254536540161 Some BitPay-supported cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Binance USD (BUSD), XRP (XRP), ApeCoin (APE), Dogecoin (DOGE), etc.  ...
Ripple Releases Its Q4 2022 ODL XRP Sales Report, Surpasses Q3. Check Out.
Ripple News

Ripple Releases Its Q4 2022 ODL XRP Sales Report, Surpasses Q3. Check Out.

The report of Ripple’s On-Demand Liquidity (ODL) XRP sales report revealed that the total XRP sale is about $226.31M. “The report was revealed by the leading blockchain company; The Q4 2022 XRP Markets Report is now live–detailing ebbs and flows in the broader crypto market to a ramp up in regulatory actions, as well as significant XRPL technical developments including XLS-20 going life on Mainnet, and the EVM sidechain on Devnet.” Read Also: A Newly Launched Token, Cremation Coin, Burns Over 16 Million LUNC At A Stand https://twitter.com/Ripple/status/1620201065638420480 Ripple's ODL Sales Increases It is worth noting that the total sales of XRP in the last quarter of 2022 are greater than the third quarter by nearly $100 million, at about $2.964 billion. However, the c...
A Newly Launched Token, Cremation Coin, Burns Over 16 Million LUNC At A Stand
Cryptocurrency

A Newly Launched Token, Cremation Coin, Burns Over 16 Million LUNC At A Stand

The rate at which the LUNC tokens are being burned in the Terra Classic network has been so much encouraging, a total of 16,455,507 (16.4M) tokens in one fell swoop was burned by Cremation Coin, marking the second-largest single transaction seen this year after the Terra Casino burn of 18M+ tokens on New Year’s Day. Cremation Coin Burns Over 16 Million LUNC As stated by the Cremation Coin noted on its handle earlier today, saying that the move is a commendable one but they feel they can do better. Moreover, data from Terra Finder suggests that the burn occurred today at 2:57 (UTC), with the memo “Cremation Coin Burn.” Read Also: Ripple Welcomes Monica Long As The New President Of Ripple Blockchain https://twitter.com/Cremation_Coin/status/1620259311703433216 It is worth n...
Terra Classic Burns Over 5 Million Over The Weekend, LUNC DAO And Luna Station 88 Hold The Biggest Share.
Cryptocurrency

Terra Classic Burns Over 5 Million Over The Weekend, LUNC DAO And Luna Station 88 Hold The Biggest Share.

Over the last weekend, the Terra Classic (LUNC) recorded massive burns in its network as over 5 million tokens were incinerated during earlier today, the analysis revealed that the validators LUNC DAO and Luna Station 88 accounted for about 90% of the recent total burns. LUNC DAO And Luna Station 88 Burn Massively The most recent burn transaction occurred this morning, involving the incineration of 2,190,555 (2.1M) LUNC at 2:44 (UTC), per data from Terra Finder. The transaction memo reads LUNC-DAO-BURN, indicating a connection to the autonomous Terra validator LUNC DAO. Read Also: Ripple Welcomes Monica Long As The New President Of Ripple Blockchain Notably, the LUNC DAO, one of the participants in the last burn remains one of the active burners in the LUNC community. At ...
Edward Kim Gives Some Highlights Pertains The Allnodes’ Operations. Check It Out
Blockchain

Edward Kim Gives Some Highlights Pertains The Allnodes’ Operations. Check It Out

Terra Classic’s core developer, Kim Ed, noted in a recent tweet discussing some matters concerning the Allnodes’ operations as a validator on the blockchain. He noted backing the Notional Labs developer Jacob Gadikian, saying that he was right to have expressed concern about the operations of the validator. According to Kim, all community members should operate their validator nodes in the ideal situation. The core developer, who doubles as the director of the Terra Grants Foundation, said this while sharing materials that could help users start running a node. Read Also: Attorney John Deaton To Attend An Upcoming Important Hearing For All Crypto. See What It Entails https://twitter.com/edk208/status/1618314591037165568 Contention Points On The Allnodes' Operations In add...
Attorney John Deaton To Attend An Upcoming Important Hearing For All Crypto. See What It Entails
Ripple News

Attorney John Deaton To Attend An Upcoming Important Hearing For All Crypto. See What It Entails

In the recent tweet shared by the XRP’s law expert, attorney John Deaton noted that the upcoming hearing between open-source content distribution company LBRY and the SEC is an  “incredibly important hearing for all crypto.” A Hearing For Crypto To Hold Soon Per the expert, the hearing was slated to take place on January 30 at 3 PM at the Warren B. Rudman United States Courthouse in New Hampshire. He reiterated that he filed an appearance and amicus curiae on behalf of tech journalist Naomi Brockwell in the upcoming hearing.  It bears mentioning that the Investors Choice Advocates Network also filed an amici curiae brief supporting LBRY in the lawsuit. According to attorney Deaton, LBRY and the amici are requesting that the Judge clarify that the company’s native token, LBC,...
Attorney Deaton Says XRP Will Continue To Be Relevant In The Crypto Space For The Next 5 Years
XRP News

Attorney Deaton Says XRP Will Continue To Be Relevant In The Crypto Space For The Next 5 Years

Attorney Deaton noted in his tweet recently, saying that the XRP will continue to be relevant in the crypto space 5 years from now. He further stated the XRP’s relevancy is independent of the US Securities and Exchange Commission case against Ripple. Attorney Ascertain That XRP Will Be Relevant The Next 5 Years The lawyer made this claim in a tweet on Saturday, tapping BTC and ETH alongside XRP as crypto currencies with staying power. It is not the first time that Deaton has expressed confidence in XRP’s long-term value proposition. Last August, he made the same claim in support of recommendations from Sygnum, a Swiss digital asset bank. Read Also: Edward Kim Suggests A Proposal To Reimburse The Affected Addresses As A Result Of 1.2% Tax Fee Implementation https://twitter....
Edward Kim Suggests A Proposal To Reimburse The Affected Addresses As A Result Of 1.2% Tax Fee Implementation
Blockchain

Edward Kim Suggests A Proposal To Reimburse The Affected Addresses As A Result Of 1.2% Tax Fee Implementation

In the recent development, one of the core developers behind the Terra Classic, Kim, proposes that the community reimburses the victim's addresses of the incident of the challenges suffered by the network following the developers implementing the 1.2% tax fee. Terra Classic core developer Edward Kim has introduced a proposal to reimburse users who lost fees due to errors resulting from the 1.2% tax burn parameter implementation. Kim disclosed the proposal in the recently released tweet which explained that the users from September 21 to 28 got taxed despite their transactions failing to go through due to problems encountered with the tax parameter change. Read Also: A Prominent Member Of TerraCVita Reveals Another Way Of Getting LUNC Up By 100X. See How https://twitter.com/ed...