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Blockchain

Terraport Finance Announces $100,000 USTC Giveaway in Social Media Blitz
27Nov By Daniel AbangNo Comments
Blockchain

Terraport Finance Announces $100,000 USTC Giveaway in Social Media Blitz

In a surprising move, Terraport Finance, a prominent player in the blockchain and decentralized finance (DeFi) space, has declared a massive $100,000 giveaway in the form of their native stablecoin, $USTC. The giveaway is set to take place over the next 48 hours and is aimed at rewarding their loyal community members. The announcement was made via the company's official Twitter account, where followers were instructed to participate by simply liking, retweeting, and ensuring they were following Terraport Finance. The move is not only an innovative marketing strategy but also an attempt to further engage and expand the project's community. (more…)
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$870.000 Worth Of ETH, MATIC And USDC Exploited From Dallas Mavericks In Recent Hack
16Sep By Daniel AbangNo Comments
Blockchain

$870.000 Worth Of ETH, MATIC And USDC Exploited From Dallas Mavericks In Recent Hack

Mavericks, an outstanding blockchain sleuth, first pointed out the happening in a progression of tweets, having seen uncommon conduct shown by the address labelled "Mark Cuban 2" at 23:00 (UTC) yesterday. The location had remained torpid for 160 days and recently started moving out its assets. The first transaction included $175K worth of USDC shipped off an Ethereum wallet yesterday at 22:55 (UTC). The Ethereum wallet that was received presently has the tag "Mark Cuban Hacker." After the significant USDC surge, succeeding moves happened in no time. The flood of transfer saw the movement of 4,337 ENS, 4,859 USDT, 7,020 RARI, 12,354 MATIC, 338 stETH, 5.29 ETH, 697K RARE, and a few different assets. https://twitter.com/WazzCrypto/status/1702820716343624168?ref_src=twsrc%5Etfw%7Ctwca...
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Lunc Upgrade: A Rollercoaster Ride for Validators
15Sep By OLAJIDE SAMUELNo Comments
Blockchain

Lunc Upgrade: A Rollercoaster Ride for Validators

In the world of blockchain, upgrades are common occurrences, often executed with meticulous planning and minimal disruption. However, the recent upgrade event on the Lunc blockchain, which transitioned from SDK 45 to SDK 46, proved to be a challenging ordeal for validators and the community alike. The upgrade process began as scheduled, with block 14,514,000 serving as the designated starting point. Validators geared up for what they thought would be a seamless transition. Little did they know, it would turn into a marathon. Read Also: LUNC’s New CEO Outlines Vision for $1 Valuation and Wealth Creation https://twitter.com/ColeStrathclyde/status/1701858135957258607 The first shock came when it became apparent that even servers equipped with 32GB or 64GB of RAM were insufficient ...
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My Lovely Planet: The Next Axie in Mobile Gaming”
15Sep By OLAJIDE SAMUELNo Comments
Blockchain

My Lovely Planet: The Next Axie in Mobile Gaming”

In 2021, the gaming world witnessed the astonishing rise of Axie Infinity, delivering an impressive 1100x return for early investors. But what set Axie apart and, more importantly, what could be the next big thing in gaming? Enter My Lovely Planet (MLP), a mobile game backed by the Ubisoft Entrepreneur Lab, the startup accelerator run by gaming giant Ubisoft. Facts on My Lovely Planet (MLP) Axie's success was partly attributed to Ubisoft's mentorship, offering invaluable expertise, networking opportunities, infrastructure access, and resources. MLP is following a similar trajectory but targeting a vastly different market: the mobile gaming industry, which has consistently generated billions in annual revenue. Read Also: Shiba Inu's ShibaSwap Gets a Boost in Security Ratings, Attracts ...
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Chainlink Whales Accumulate Over $100 Million Worth of LINK Tokens Amidst Surging GitHub Development Activity
10Aug By OLAJIDE SAMUELNo Comments
Blockchain

Chainlink Whales Accumulate Over $100 Million Worth of LINK Tokens Amidst Surging GitHub Development Activity

In a recent revelation by prominent crypto analyst Ali Martinez, the Chainlink (LINK) ecosystem has witnessed a substantial development. The focus of this development lies in the active accumulation of LINK tokens by Chainlink whales, a trend that has intensified over the past week. This strategic accumulation, amounting to an astounding 14 million LINK tokens, translates to a staggering value exceeding $100 million. https://twitter.com/ali_charts/status/1688654874248921088 Martinez's claim was substantiated by a comprehensive chart provided by Santiment, a reputable market intelligence platform renowned for its insightful on-chain analysis. The chart intricately details the accumulation patterns of Chainlink-holding whales over the past four months. Particularly noteworthy is the co...
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Kwon’s Legal Team Cites Ripple’s Victory in Bid to Dismiss SEC Lawsuit against Terraform Labs
21Jul By OLAJIDE SAMUELNo Comments
Blockchain

Kwon’s Legal Team Cites Ripple’s Victory in Bid to Dismiss SEC Lawsuit against Terraform Labs

In a significant development,  Do Hyeong Kwon's legal team has turned to the recent victory secured by Ripple and XRP against the U.S. Securities and Exchange Commission (SEC) to bolster their bid to dismiss the regulatory watchdog's lawsuit against their client and Terraform Labs. According to a supplementary document filed on July 18, Kwon's lawyers highlighted the decision made by Judge Analisa Torres in the SEC v. Ripple Labs case, which ruled that the digital asset XRP was not a security. The defendants' legal team asserts that the SEC's claims against the tokens UST, LUNA, wLUNA, and MIR lack merit, drawing parallels to the Ripple ruling. The Ripple decision stated that certain sales of XRP did not meet the criteria to be classified as investment contracts under the Howey test. ...
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Terra Blockchain Successfully Upgrades to v.2.4 Pushing for LUNA Adoption
19Jul By OLAJIDE SAMUELNo Comments
Blockchain

Terra Blockchain Successfully Upgrades to v.2.4 Pushing for LUNA Adoption

Earlier today, the Terra blockchain underwent a strategic upgrade at block height 5994365, signalling the network's transition to version 2.4. This upgrade aims to introduce several new features and improvements to the chain while also encouraging the widespread adoption of its native token, LUNA. To ensure the successful implementation of this consensus-breaking change, the Terra mainnet, also known as Phoenix-1, was taken offline at approximately 13:00 (UTC) on the same day, temporarily halting block production. Read Also: Bitrue Witnesses Surge in XRP Futures Holdings Following Ripple vs. SEC Ruling Terra Team to upgrade Terra Blockchain on July 17 This scheduled Terra network downtime was announced by the Terra team on July 17, allowing users and validators ample time to prepar...
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What Is ZetaChain And ZetaChain Airdrop
26Jun By OLAJIDE SAMUELNo Comments
Blockchain

What Is ZetaChain And ZetaChain Airdrop

ZetaChain is a public, decentralized blockchain and smart contract platform that aims to provide omnichannel interoperability. It was developed by a California-based technology company called ZetaChain. The platform allows different blockchains to communicate and interact with each other seamlessly. Read Also: AAVE Price Surges by 27% in 5 Hours Amidst Whales' $13.2M Accumulation https://twitter.com/kem1ks/status/1673020100847206401 How to get ZetaChain Airdrop To get started with ZetaChain and its ecosystem, you may need to obtain some testnet assets, such as gETH (test Ether) and ZETA tokens. Here is a step-by-step guide to help you navigate through the different aspects of ZetaChain: Acquiring gETH: Visit the ZetaChain faucet: This is a service where you can obtain tes...
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Terraport V2 Set to Launch in July with Exciting Design Updates
26Jun By OLAJIDE SAMUELNo Comments
Blockchain

Terraport V2 Set to Launch in July with Exciting Design Updates

Terraport V2, the highly anticipated next version of the groundbreaking decentralized platform, is poised to revolutionize the world of digital assets and financial services. Recently, a sneak preview of the design work for Terraport_ V2 was unveiled, showcasing a visually stunning and user-friendly interface that promises to enhance the overall user experience. According to a tweet by TerraCVita, July will be a crucial month for delivering key aspects of the launch, subject to external Certik code audits and KYC compliance checks. Read Also: USTC Quant Team Proposal 11597 Takes Center Stage for Decentralized Money https://twitter.com/TerracVita/status/1672903659225509888 Terraport V2 Aims To Address Users' Challenges With the upcoming launch of Terraport_ V2, the team behind this ...
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