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Injective Launches inEVM, a First-of-its-Kind Ethereum Virtual Machine for Enhanced DeFi Development
Blockchain

Injective Launches inEVM, a First-of-its-Kind Ethereum Virtual Machine for Enhanced DeFi Development

In a major development for the blockchain industry, Injective Protocol has launched inEVM, the first-ever Ethereum Virtual Machine (EVM) designed for composability across Cosmos and Solana blockchains. This groundbreaking technology is built on Celestia's modular blockchain infrastructure and utilizes Caldera's rollup technology for enhanced performance and scalability. Read Also: Shiba Inu Investor Turns $4K into 127 Million Dollar Fortune https://twitter.com/Calderaxyz/status/1765803518529876126 in EVM unlocks a new era for Ethereum developers. They can now leverage Injective's high-speed, low-cost network and global user base to expand the reach of their DeFi protocols. Developers can continue using Solidity, the standard programming language for Ethereum, while simultaneously ...
Luna Classic Labs Announces Departure from Terraform Labs (TFL) Over Wallet Issues
Blockchain

Luna Classic Labs Announces Departure from Terraform Labs (TFL) Over Wallet Issues

In a significant move within the Luna Classic (LUNC) community, Luna Classic Labs has announced its decision to sever ties with Terraform Labs (TFL) due to ongoing issues with TFL's Terra Station v3 wallet. Mike P., a prominent figure within the community, took to social media to express his frustration and outline the steps Luna Classic Labs will take to distance itself from TFL. Terra Classic To Part Way With Terraform Labs The announcement comes after a prolonged period of dissatisfaction with TFL's handling of the Luna Classic network, particularly evident in the latest release of Terra Station v3. Users reported numerous broken elements when interacting with the Terra Classic network, including governance functions, swaps, and sending transactions. Read Also: Shiba Inu Partner K9...
Solana (SOL) Price Soars, Nears $150 Resistance Level
Blockchain

Solana (SOL) Price Soars, Nears $150 Resistance Level

In a volatile market, Solana (SOL) has emerged as a strong performer, climbing over 5% in the last 24 hours to reach $145. This surge has ignited excitement within the community as the altcoin approaches a critical resistance level. $150: A Pivotal Point for SOL? On-chain data analysis by Santiment suggests that $150 is a significant hurdle for SOL. This price point was last seen in January 2022, and surpassing it could signal a major turning point. Read Also: XRP Price Prediction Fails to Materialize: Wall Street Veteran Shannon Thorp Reflects on Missed Forecast Tempered Optimism Despite Strong Gains Analysts acknowledge the rising optimism surrounding SOL but caution that a lack of FOMO (fear of missing out) could dampen the rally. Historically, however, such sceptic...
Ripple’s Chairman Theft: Binance Freeze More $4 Billion Worth Of XRP
Blockchain

Ripple’s Chairman Theft: Binance Freeze More $4 Billion Worth Of XRP

The Ripple Chairman's hack escapade was made known by a prominent Crypto investigator which led to the action by the leading Cryptocurrency Exchange platform's decision as was made known by Richard Teng in a post on X last evening. As indicated by Teng, they found out that the exploit affected Larsen's account on Binance early and figured out how to freeze the part of the asset the hacker intended to obtain through the Binance platform. https://twitter.com/_RichardTeng/status/1753100751713517903 The CEO Hack Recall that Larsen experienced a hack assault on his own XRP account a month ago. While the hack happened late Jan. 30, it didn't come into the spotlight until Jan. 31 when ZachXBT, a well-known blockchain investigator, pointed out that such an incident had occurred. In any cas...
Education In Blockchain: STC. University Launched By Student Coin
Blockchain

Education In Blockchain: STC. University Launched By Student Coin

Education In blockchain is one of the necessary steps for anyone be it a beginner or an expert who intends to thrive in the Blockchain space. In a strong move that shows the moving scene of blockchain and decentralized finance (DeFi), Student Coin has uncovered STC. University, this is a historic stage set to change blockchain education—the presentation of STC. University denotes a pivotal time in the domain of crypto education, taking care of a wide range of students from beginners to hardened fans. Spearheading Educational Endeavors In Blockchain STC. University isn't simply one more expansion to the crypto training circle; it addresses a mindfully organized endeavor by Student Coin to connect the instructive hole pervasive in the crypto space. The stage remains a reference point of...
LUNC Community in Limbo over Job Proposal: Risks, Rewards, and Unanswered Questions
Blockchain

LUNC Community in Limbo over Job Proposal: Risks, Rewards, and Unanswered Questions

The LUNC community is abuzz with the debate surrounding the PPJ (passed in #11889), a proposal aimed at improving how jobs and spending are handled within the ecosystem. While its intent is noble – to address community concerns and establish clearer guidelines – the proposal has sparked controversy due to its potential impact on developers and the overall project. https://twitter.com/ColeStrathclyde/status/1750102357914890722 Read Also: XRP Ecosystem Braces for Game-Changing Shift with XLS-30D AMM Amendment At its core, the PPJ advocates for "payment after approval of completed work through a spending proposal." This simple statement carries significant weight, effectively placing the financial burden on developers until their work is deemed acceptable by the community. While this...
Terraform Labs Founder Do Kwon Fights Extradition, Delays US Trial
Blockchain

Terraform Labs Founder Do Kwon Fights Extradition, Delays US Trial

Kwon's legal team cites uncertainties in Montenegro proceedings, requesting a trial postponement. Do Kwon, the embattled founder of Terraform Labs, is facing another hurdle in his legal saga as his extradition from Montenegro remains entangled in legal technicalities. This has prompted his lawyers to request a postponement of his upcoming US trial, initially scheduled for late January. Read Also: Terra Classic (LUNC) Eyes Bullish Breakout as Key Indicators Blink Green: Analyst Derek Sounds Alarm https://twitter.com/innercitypress/status/1745659357897867369 Uncertain Extradition Timeline Leads to Trial Delay Request Legal documents filed on January 11th reveal delays in Kwon's extradition, with his team estimating his arrival in the US could be pushed back to February or Marc...
Solana (SOL) Poised for Spectacular Performance in 2024: Bard’s Optimistic Outlook
Blockchain

Solana (SOL) Poised for Spectacular Performance in 2024: Bard’s Optimistic Outlook

The highly anticipated Bitcoin halving event in April has set the crypto world abuzz with speculation, and Google's AI-powered chatbot, Bard, shares its insights on how this could impact Solana (SOL), showcasing a bullish stance on the altcoin's potential. Bard acknowledges the challenge of pinpointing exact prices but underscores the transformative impact a soaring Bitcoin, potentially reaching $200,000 post-halving, could have on the overall crypto market. If Bitcoin experiences such a surge, Bard envisions a bullish market sentiment that could fuel widespread adoption and drive demand for innovative platforms like Solana. Read Also: Shiba Inu's Journey: Navigating the Cryptocurrency Landscape Towards 2030 Solana's Strengths as a Leading Blockchain Powerhouse Bard's optimism is g...
SEC’s Reliance on Terra Case Sparks Debate in Binance and Coinbase Lawsuits
Blockchain

SEC’s Reliance on Terra Case Sparks Debate in Binance and Coinbase Lawsuits

The ongoing legal battle between the US Securities and Exchange Commission (SEC) and major crypto exchanges Binance and Coinbase has taken an intriguing turn as the SEC filed a notice of the supplemental authority, citing the judgment in SEC v. Terraform Labs as a significant precedent. However, legal experts, including prominent figure Bill Morgan, have raised questions about the direct relevance and applicability of the Terra ruling to the SEC's cases against Binance and Coinbase. Read Also: Shiba Inu Ignites Crypto Frenzy: Surges in Token Burn Rate Propel Bullish Run and Price Gains The SEC's strategic move to leverage the Terra ruling The SEC's strategic move to leverage the Terra ruling in its case against Binance, Binance.US, and former CEO Changpeng 'CZ' Zhao aims to influence ...
Terraform Labs CEO Chris Amani Foresees Strong Revival for Terra Ecosystem, Boosting Terra (LUNA), Terra Classic (LUNC), and USTC 
Blockchain

Terraform Labs CEO Chris Amani Foresees Strong Revival for Terra Ecosystem, Boosting Terra (LUNA), Terra Classic (LUNC), and USTC 

In a groundbreaking announcement on Friday, Terraform Labs CEO Chris Amani projected a robust revival for the Terra ecosystem, foreseeing it as the primary hub for deep stablecoin liquidity within Cosmos. Amani expressed confidence that Terra would emerge as the sole ecosystem boasting sufficient liquidity for Cosmos and non-Cosmos blue-chip assets in the decentralized finance (DeFi) space. Read Also: Solana (SOL) Faces Crucial Juncture: Bullish Momentum Above $85, but Risks Loom Below $80 CEO Amani's Bold Prediction Sets the Tone for Terra Ecosystem's Growth Under Amani's leadership, Terraform Labs is set to offer free infrastructure support to Cosmos-based chains, including Terra Classic, as part of the Foundation business model. This strategic move aims to significantly reduce oper...