There has been tremendous support for the Genuine Labs Community Spend Proposal from the Terra Luna Classic (LUNC) community. Nearly no one voiced opposition to the proposal, and it was approved with a 99.98% acceptance rate on June 3, 2024. It is anticipated that this vote will have a major
June 3, 2024 2 mins read
Michael Saylor, a billionaire Bitcoin advocate and founder of software company MicroStrategy, and the District of Columbia have negotiated an unprecedented $40 million settlement. Claims of tax fraud led to the settlement. In addition, this settlement is the biggest recovery for income tax fraud in the history of the district.
June 3, 2024 2 mins read
The FTX Exchange’s investment in the artificial intelligence (AI) startup Anthropic has been dissolved as of June 1. The most recent bankruptcy filing by Anthropic indicates that the FTX Estate, headed by John Ray III, has sold off its remaining interest in the company. Around 15 billion Anthropic shares, valued
June 2, 2024 1 min read
The much-anticipated vote on UNI staking and delegation incentives, which was scheduled for May 31, has been postponed by the Uniswap Foundation, the group in charge of the decentralized exchange Uniswap. The foundation delayed the vote in response to a stakeholder’s concern, as revealed on X. The decision-making process was
June 1, 2024 1 min read
The renowned blockchain security solutions provider CertiK has launched a new venture called CertiK Ventures to back up new on-chain platforms. Promoting “security-first projects,” taking part in VC rounds, and building ecosystem relationships will be CertiK Ventures’ primary goals. Regarding the significance of the project and its effect on Web3,
May 31, 2024 1 min read
Bybit, a prominent cryptocurrency exchange, has announced key leadership changes in the wake of the Notcoin (NOT) launch’s problems. The organization is now recruiting new technical and spot managers in an effort to stabilize operations after the resignation of many executives. A contentious listing of NOT caused an unfair allocation
May 31, 2024 2 mins read
Robinhood revealed that its crypto trading API is now available to consumers in the US. The investment app broke the news on May 30 that it was trying to use an API to reach out to experienced cryptocurrency traders. Users in the United States may programmatically trade cryptocurrencies using the
May 31, 2024 2 mins read
The recent approvals for the Spot Bitcoin ETF have been hailed by world-renowned financial firm Goldman Sachs as a “big psychological turning point.” With the approval’s effect in mind, the bank hailed January’s BTC investment offering as an “astonishing success.” The digital asset market has been greatly affected by this
May 30, 2024 2 mins read
An initiative to raise the burn tax to 1.5 percent was shot down by the Terra Luna Classic community. Regular suggestions to change the burn tax, particularly to raise its amount, have been met with community members’ dissatisfaction. Members of the Terra Luna Classic (LUNC) community have spoken out against
May 30, 2024 1 min read
Layer-2 protocols are similar to “cultural extensions of the Ethereum” network, as Ethereum co-founder Vitalik Buterin emphasized in a recent blog post. The co-founder of Ethereum began the blog post by explaining the basics of Layer-2 protocols and how they vary from Layer-1 protocols. Buterin thinks that, rather than technological
May 30, 2024 2 mins read