In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
One topic has dominated coverage of the cryptocurrency industry in recent weeks. Among cryptocurrency enthusiasts, the approaching Litecoin Halving has become the most awaited event. In addition, as anticipation for the event grew, its value increased to $110 on June 30. Moreover, the price is facing high volatility as investors
In the fast-paced and ever-evolving world of finance, cryptocurrencies have emerged as a revolutionary force, captivating the imagination of investors and tech enthusiasts alike. Among the multitude of digital assets, several cryptocurrencies have been making waves in the market, especially during challenging moments. Let’s dive into the captivating world of
Twitter, the social media platform, has rebranded itself from Twitter to X. Users are more excited about the rebranding and sharing their thoughts on it. A reply from the Twitter boss and Tesla CEO Elon Musk regarding his previous Twitter logo change to a Shiba Inu dog sparks speculations among
Dogecoin (DOGE), the beloved meme coin, witnessed a significant price spike of 14% on Tuesday, from $0.07071 to $0.08299, marking its biggest single-day gain since April. Also, DOGE has flipped Cardano (ADA) to claim the seventh spot in the cryptocurrency rankings in terms of market cap. At the time of
Rain, a Middle Eastern cryptocurrency exchange, announced that its Abu Dhabi branch has been granted a license to provide brokerage and custody services for virtual assets in the UAE. Coinbase-backed Rain, located in Bahrain, has announced that its subsidiary in the Abu Dhabi Global Market financial freezone would soon provide
Crypto analyst and trader Ali Martinez recently shared data on Twitter (now called the “X app”) concerning significant accumulation of the original meme coin, Dogecoin, by whales. According to his tweet, over the past few weeks, these wallet owners have substantially increased their holdings of the meme coin. Ali presented
According to data from Etherscan, a significant amount of Shiba Inu meme coins has been transferred by anonymous wallets recently. Fifteen transactions were recorded, totaling 42 billion SHIB, which is approximately equivalent to $327,600. Notably, around 14 billion SHIB were withdrawn from prominent cryptocurrency exchanges, including decentralized platforms like Kraken,
Caitlin Long, CEO of Custodia Bank, asserts, “The law is very clear,” with the exception of the Fed’s involvement. She noticed Amsterdam-based Adyen among the first group of 35 financial institutions that were granted access to the new 24-hour payment system FedNow on Thursday. The financial technology business got a
In an intriguing update, Cardano CEO and founder Charles Hoskinson discusses the recent addition of rollups to the network. The founder of Cardano was asked which project he was talking about when he mentioned rollups or a rollup strategy in two separate YouTube broadcasts this year. The sidechains project requires
