Cryptocurrency Archives - Page 47 of 77

20 million OP moved by the attacker Due To The Wrong Address Sent By Wintermute

10Jun

By CryptolifedigitalNo Comments

Cryptocurrency

20 million OP moved by the attacker Due To The Wrong Address Sent By Wintermute

The CEO of Wintermute, Evgeny Gaevoy took the responsibility for the way the 20 million OP was moved by the attacker was their negligence. 20 million OP moved by the attacker In Optimism, a layer 2 rollup Chain for Ethereum, is a separate blockchain that can process transactions, bundle them up and pass them back to Ethereum. It is designed to help scale up Ethereum’s layer 1. The protocol announces last month to be embarking on an airdropping of the most active members in the Ethereum community. Read also: XRP-BSC Is Spotted On The BNB Chain Top List: WhaleStat In the time of rewarding the most active members, Optimism’s team sent 20 million OP tokens to Wintermute two weeks ago in preparation for the much-hyped OP token airdrop as explained by the Optimism team. The op...

XRP-BSC Is Spotted On The BNB Chain Top List: WhaleStat

10Jun

By CryptolifedigitalNo Comments

Cryptocurrency

XRP-BSC Is Spotted On The BNB Chain Top List: WhaleStat

The Series of transactions performed on XRP has paved the way for the token to be among the top purchased assets in the past 24 hours as stated by the WhaleStats team. The team spotted the tokens wrapped on BNB Chain's upper 10 lists of purchased digital currencies. Read Also: Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos' Long Term Growth. It was announced in the one the tweet posted by the WhaleStat: https://twitter.com/WhaleStatsBSC/status/1534871969463783426 More also according to the data from WhaleStat, the XRP-BSC is in the first spot on that list. The native token of the Binance exchange, BNB, is in third place here, with ETH following in fourth place. XRP is also on the list of top 10 coins by trading volume, holding third place t...

Ethereum’s Present Breakthrough Could Make It The Most Unique Asset On The Earth

10Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Ethereum’s Present Breakthrough Could Make It The Most Unique Asset On The Earth

Previously, on the Ethereum network, users are charged some amounts to perform any transaction, buying, selling, swapping, minting, etc. Ethereum initially had a ridiculous record for having very high gas fees for its transactions. Two weeks ago, the crypto giant began offering meager transactional charges to its users, as recorded by Santiment. Santiment is a financial market content and data platform for blockchains and cryptocurrencies. Read Also: Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos' Long Term Growth. The metric platform took to Twitter the news of Ethereum’s meager transaction prices. As of Tuesday, 24th May, the second-largest blockchain had a transaction price of $2.54 a transaction. Alongside, the above testimony, the all-await...

Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos’ Long Term Growth.

10Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos’ Long Term Growth.

The whole community of Tether is excited to introduce the USD₮ on Tezos as stated by the Chief Technology Officer at Tether blockchain, Paolo Ardoino; “We’re excited to launch USD₮ on Tezos, offering its growing and vibrant community access to the most liquid, stable, and trusted stablecoin in the digital token space,” Paolo also said; “Tezos is coming fast onto the scene and we believe that this integration will be essential to its long-term growth.” Tether (USDT) is a cryptocurrency stablecoin pegged to the U.S. dollar and backed "100% by Tether's reserves," according to its website. The Tether operation limited, Tether, a firm operating the blockchain-allowed platform tether. that control the biggest stablecoin by market capitalization has launched the Te...

New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?

9Jun

By CryptolifedigitalNo Comments

Cryptocurrency

New Terra Luna Classic (LUNC) Burning Proposal Gets 80% Votes In Favor, Will It Be Implemented?

A LUNC investor has fielded a proposal to burn tokens and cause a sharp spike in price. For some time now, the Terra community has complained that Do Kwon and Terraform Labs have left LUNC and UST. A previous demand by the community for TFL to implement a LUNA burning mechanism was rejected, and Do Kwon and his team instead elected to create Terra 2.0. Currently, another proposal by a LUNC investor is causing ripples within the community and the crypto market. The proposal suggests a straightforward LUNC burning mechanism that will lead to a decrease in supply and a price increase. Read Also: Binance To PayPal Short Guide: How To Transfer Crypto From Binance To PayPal The LUNC Burning Mechanism As stated by the proposal, a 1.2% tax/burn will be implemented on all LUNC tra...

Upper ETH Whale Amasses 187 Billion Shiba Inu While Community Burns 134 Million SHIB

9Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Upper ETH Whale Amasses 187 Billion Shiba Inu While Community Burns 134 Million SHIB

Top ETH Whale accumulates 187 Billion Shiba Inu (SHIB), whereas, Shiba Inu Community sent 134.82 Million SHIB to dead wallets with the help of the SHIB Burn Portal. Based on the data from WhaleStats, a crypto intelligence platform that monitors the acts of the largest Ethereum whales, “BlueWhale0159” has added an impressive amount of Shiba Inu to her portfolio. Taking advantage of discounted prices, the Ethereum whale identified as “BlueWhale0159,” has scooped up a whopping total of 187 billion SHIB tokens, worth $1,985,940 ($1.98M) in one significant transaction, WhaleStats reports Read Also: Novatti Group Has Partnered With Ripple And Stellar To Create Stablecoin Based In The Australian Dollar https://twitter.com/WhaleStats/status/1534641759694860288 the huge...

LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal

9Jun

By Cryptolifedigital4 Comments

Cryptocurrency

LUNC Price Spiked Strongly As the Community Passes ‘Tax/Burn 1.2% Proposal

LUNC price was believed to gain significant bullish momentum since the onset as the community was not in favor of LUNA 2.0. The Terra community then (now TerraClassic) was always in favor of burning the excess minted tokens rather than creating a new chain. As the LUNC & USDTC prices are highly dependent on the number of tokens in circulation, the need of squeezing the tokens in circulation became mandatory. However, in a recent update, the community has passed the Tax or Burn 1.2% proposal for TerraClassic, LUNC. As stated by the proposal, for every buys/sells transaction, 1.2% of LUNC coins will be burnt until the supply reaches the 10 billion mark. Read Also: Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merg...

Cardano Metaverse Cardalonia Dispenses Staking Platform and Forthcoming NFT Clan

9Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Cardano Metaverse Cardalonia Dispenses Staking Platform and Forthcoming NFT Clan

As previously reported by Cryptolifedigital, Cardalonia is a decentralized and fully customizable virtual world where players can build, own and customize their own experiences utilizing the Cardano Blockchain and earn $LONIA, the utility token Cardalonia. The Cardano-based startup has gathered significant interest even with the bear market as they have been able to fill 30% of the present round allocation days after announcing the release of their Lonia Token Sale. The Seed round is still ongoing and interested participants can do so here https://cardalonia.io/buy/. Cardalonia is powered by $LONIA, a utility token that serves as the native currency of the ecosystem. While Cardano (ADA) is enjoying a renaissance even when the crypto market is still in h...

Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merge on the Ropsten Testnet

8Jun

By Cryptolifedigital4 Comments

Cryptocurrency

Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merge on the Ropsten Testnet

Despite the cryptocurrency Market alternating between bearish and bullish, struggling to hit a bullish streak, one of its major assets, Ethereum (ETH) has been continuing to accumulate hundreds of thousands of new addresses. Read Also: Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain Specifically, the network has been adding around 500,000 new addresses each week, surpassing 200 million cumulative addresses, as stated by the data on the crypto analytics platform Dune. In reality, the chart above demonstrates that the total number of addresses on June 6 amounted to 207,606,780, as it has been adding an average of 500,000 new addresses weekly over the past few months. The dashboard was assembled by Dune’s da...

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

8Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Solana Invests $100M in South Korean web3 Startups, Focus on Gaming

Blockchain operator Solana will seed investments and grants across “all web3 verticals,” emphasizing South Korea’s crypto games development sector. The late collapse of the Terra network has triggered south Korean authorities to introduce measures to investigate crypto exchanges. Reports said that around 280,000 South Koreans had been victims of the unexpected plunge in UST and LUNA. Read Also: Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain Although, users are still holding strong, and investors are not backing down. The crypto decline has not left in dismay, with some clinging to the belief that it is too big to be permitted to fail. $100 million funds to support NFT, gaming, and DeFi projects Solana blockchain’...