Cryptocurrency Archives - Page 21 of 78

Terra Luna Classic’s Transformative Shift: Jax.Zone’s Smart Contracts and Proposal 11780 Vote

12Sep

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

Terra Luna Classic’s Transformative Shift: Jax.Zone’s Smart Contracts and Proposal 11780 Vote

The world of JavaScript programming, home to approximately 17 million developers, is on the brink of a revolutionary transformation. Jax. Zone is about to launch an innovative smart contract platform, allowing developers to create and deploy smart contracts using JavaScript on the Terra blockchain. This groundbreaking development recently caught the attention of the crypto community with a Tweet from Terra, promising to reshape the blockchain landscape. Read Also: Terra Luna Classic Rejects Proposal for Market Swap with Limiter Amidst Controversy https://twitter.com/terra_money/status/1700212266426302684 Terra Luna Classic's Community at a Crossroads At the same time, the Terra Luna Classic (LUNC) community is in the midst of a critical decision-making process with Proposal 11780 o...

Terra Luna Classic Rejects Proposal for Market Swap with Limiter Amidst Controversy

12Sep

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

Terra Luna Classic Rejects Proposal for Market Swap with Limiter Amidst Controversy

In a recent development within the Terra Luna Classic (TerraLC) ecosystem, a highly debated proposal aimed at reviving the LUNC token and pegging USTC back to $1 through the reintroduction of the market swap function with a limiter has been rejected by the community. Despite garnering support from a significant portion of validators, the proposal failed to surpass the "pass threshold." The Terra Luna Classic network, still reeling from the 2022 Terra-LUNA crisis, had its market swap function for the LUNC and USTC tokens disabled as a precautionary measure. This feature was seen as instrumental in potentially restoring LUNC's price to $1 and re-establishing the peg of USTC to $1. Read Also: Binance Charity Commits Substantial Aid to Morocco's Earthquake Victims Proposal 11767: "Test ...

Reviving $LUNC: Strategies for a Comeback

7Sep

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

Reviving $LUNC: Strategies for a Comeback

Cryptocurrency markets are known for their volatility, and tokens can experience rapid price fluctuations. One such token facing challenges is $LUNC. Recently, Classycrypto tweeted about its struggles. Let's explore some potential strategies that $LUNC could employ to make a strong comeback. https://twitter.com/ClassyCrypto_/status/1699614943706779796 Clear Roadmap and Vision $LUNC needs a clear and compelling roadmap. Investors want to know where the project is headed and what milestones are on the horizon. A well-defined vision can instil confidence and attract new supporters. Enhanced Marketing and Community Engagement Effective marketing is crucial. Building a strong online presence through social media, community forums, and partnerships can boost visibility. Enga...

L1 Team Proposes Upgrade v2.2.1 for LUNC Chain with a Focus on Increased Burn

5Sep

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

L1 Team Proposes Upgrade v2.2.1 for LUNC Chain with a Focus on Increased Burn

In a significant development for the LUNC community, Proposal #11766 for upgrade v2.2.1 has been presented by the L1 Team and is now open for voting. This proposal carries the promise of addressing past issues within the LUNC blockchain and steering it towards a more positive trajectory. https://twitter.com/SaqlainAli888/status/1698970331350765573 L1 Team Suggests Upgrade v2.2.1 for LUNC The LUNC community is urged to thoroughly review the proposal's details and actively participate in the voting process. This democratic approach to decision-making highlights the decentralized nature of blockchain networks, where community input plays a pivotal role in shaping the network's future. Read Also: GroveX Exchange Lists Shiba Inu's Governance Token, Bone ShibaSwap; Shiba Inu Community St...

Terra Luna Classic’s Crucial Proposal for Dynamic Minimum Commission Passes

4Sep

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Luna Classic’s Crucial Proposal for Dynamic Minimum Commission Passes

In a significant development within the Terra Luna Classic ecosystem, a crucial proposal for implementing a dynamic minimum commission has passed with overwhelming support from the community. This decision promises to enhance the efficiency and stability of the Terra Luna Classic network, cementing its position as a leading blockchain platform. https://twitter.com/terra_army/status/1698631216378044669 The proposal, which garnered widespread attention and approval from Terra Luna Classic stakeholders, focuses on introducing a dynamic minimum commission fee structure. This innovative mechanism aims to address several key issues, including network congestion, fee predictability, and overall usability. Read Also: Shiba Inu's Commitment to Reduce SHIB Token Supply through Shi...

Trading Pairs Of XRP And Shiba Inu To Vanish From Binance Platform In The Coming Week

1Sep

By Daniel AbangNo Comments

Cryptocurrency

Trading Pairs Of XRP And Shiba Inu To Vanish From Binance Platform In The Coming Week

Trading pairs of XRP and Shiba Inu will soon vanish from Binance in the coming week, this was made known by Binance as it reported its intent to never again uphold its stablecoin, BUSD. This choice suggests that Binance will delist BUSD from its platform. This implies that the user will not be able to trade XRP or Shiba Inu utilizing BUSD as a trading pair. As of now, the XRP and BUSD trading air saw a trading volume of more than $8 million. Also, merchants on Binance traded almost $2 billion worth of Shiba Inu during the same period. Reason For Delisting BUSD In an explanation yesterday, Binance stated that it will bit by bit unwind its help for Binance USD (BUSD). The choice follows the BUSD issuer's transition to stop BUSD redemption from next year. https://twitter.com/binance/s...

Terra Classic Community Holds Crucial Revote for USTC Repeg Proposal Amid Technical Challenges

28Aug

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Classic Community Holds Crucial Revote for USTC Repeg Proposal Amid Technical Challenges

In a pivotal turn of events within the Terra Classic community, a significant revote is underway to address a funding proposal from the USTC repeg team. This renewed effort comes in the wake of an initial proposal that fell short of the required votes for approval due to technical issues linked to the Terra Station wallet. With a determined aim to rectify this setback, the USTC repeg team has resubmitted the proposal with an emphasis on garnering substantial participation from validators during this pivotal revote. The proposal, numbered 11730 and titled “USTC / Stable Algo Quant Team,” is now open for community voting from August 26th to September 2nd. Following a period of extended downtime, the Terra Station wallet has been restored to full functionality, providing renewed hope for a...

Terra Luna Classic Community Celebrates Landmark: Proposal 11710 Approved for Burning 800 Million USTC Tokens

24Aug

By OLAJIDE SAMUELNo Comments

Terra Classic (LUNC)

Terra Luna Classic Community Celebrates Landmark: Proposal 11710 Approved for Burning 800 Million USTC Tokens

In a resounding display of unity and conviction, the Terra Luna Classic community has achieved a pivotal milestone by passing Proposal 11710, signalling the official approval for the direct burning of a staggering 800 million USTC tokens. The proposal, spearheaded by Vegas and propelled by strong community support, carries profound implications for the Terra Luna Classic ecosystem. Amid recent market fluctuations that briefly dampened both LUNC and USTC prices with a roughly 10% decline, the resounding approval of Proposal 11710 has ushered in an immediate resurgence in their values. This accomplishment underscores the community's collective determination to shape the trajectory of their token's value and ecosystem. Read Also: ICRYPEX Expands Crypto Offering with 10 New Listings, Inc...

Terra Classic’s L1TF Reveals Ambitious Plans for v2.2.0 Core Upgrade

24Aug

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

Terra Classic’s L1TF Reveals Ambitious Plans for v2.2.0 Core Upgrade

In a recent groundbreaking announcement, the L1 Terra Classic Task Force (L1TF) has unveiled its eagerly awaited plans for the upcoming v2.2.0 core upgrade of the Terra Luna Classic blockchain. This upgrade is poised to usher in a new era of innovation and advancement within the Terra Classic ecosystem, marking a significant milestone for the blockchain community. Terra Classic's L1TF to do another major upgrade The development journey towards the v2.2.0 upgrade has been nothing short of impressive. Vinh Nguyen, a prominent developer from the L1TF, highlighted the successful completion of Sprint 2, spanning from August 8 to 21. This sprint culminated in the release of the first version (rc1) of the core v2.2.0 upgrade. This achievement not only signifies the dedication and expertise of t...

Phishing Attack Prompts TerraForm Labs to Freeze Website Amidst Ongoing Security Concerns

22Aug

By CryptolifedigitalNo Comments

Terra Classic (LUNC)

Phishing Attack Prompts TerraForm Labs to Freeze Website Amidst Ongoing Security Concerns

TerraForm Labs, the team behind the L1 blockchain Terra, has taken the drastic step of freezing its website following a series of phishing attacks that compromised the platform over the weekend. The malefactors behind the attack exploited vulnerabilities on the website to carry out phishing attacks, putting unsuspecting users at risk. https://twitter.com/terra_money/status/1693369510038823072 Terraform warns users against ongoing phishing attacks, Shutdown its website In an official statement on August 20, TerraForm Labs warned users about the ongoing phishing attacks and urged them to steer clear of the compromised website, which utilized the terra(dot)money domain. The attackers were employing deceptive tactics to trick users into divulging sensitive information and potentially exp...