Terra Classic (LUNC) has increased more than 70% during the past week. LUNC is currently trading around $0.0003183. The Terra Classic (LUNC) witnessed a significant price surge in the past few days, following the recent announcement from the Binance exchange, regarding the Terra Classic burn mechanism. In the last week,
Earlier, officials in Kentucky claimed that Nexo was insolvent. Nexo created three loans and sent $530 million to MakerDao. A cryptocurrency wallet address identified as NEXO 0x8fd withdrew 7,758.8 Wrapped Bitcoin (wBTC) from MakerDAO. At the time equivalent to almost $153 million. This is only days after market experts forecast
Despite fall, the number of total traders has not decreased nearly as much. The trade volume for Bored Apes was 3,634 ETH in the last week. From January to September of this year, trade volume for NFTs fell from $17 billion to just $466 million, according to data stored on
According to sources, 50-70 of WazirX’s 150 workers were let off. The whole public policy and communication staff had been terminated. As a result of the global economic slowdown, the cryptocurrency exchange WazirX in India has had to lay off roughly 40% of its workers. According to sources, 50-70 of
Peckshield provided a flowchart to illustrate the movement of the stolen assets. Transit Swap thanks its customers for their patience and faith. About $21 million was stolen from the multi-chain decentralized exchange (DEX) aggregator Transit Swap after a hacker took advantage of a flaw in a swap contract. The company
The law by the country’s primary crypto regulating authority is now in effect. The lowest cost, $135, will go to the custodial service providers. Uzbekistan authorities recently passed a bill mandating cryptocurrency corporations pay into a separate fund. The law, proposed by the country’s primary crypto regulating authority, is now
Mining companies in Kazakhstan will allow using the Russian power supply for their activities. Due to electricity shortage, almost 200 firms were shut down in Kazakhstan last year. Russia is prepared to provide Kazakhstan with the extra electricity needed to operate the nation’s crypto mining plants. With the assistance of
The USDC stablecoin and Verite KYB credentials are now supported. Circle plans to provide certain Early Access clients with complimentary Verite KYB. Circle, a payments technology firm and issuer of USDC, announced on Saturday the creation of the first Verite KYB (know your business) credentials that are compatible with the
In total, 7 billion LUNC tokens have been burned. Terra Classic has risen by over 14% in the last 7 days. Following the Binance supports for Terra 1.25 burn tax, Terra classic (LUNC) has seen far less volatility in the price for the last seven days. LUNC maintained a price
U.S. Trustee William K. Harrington filed paperwork with the court. Harrington criticized Celsius’s timing for releasing the money. Resuming withdrawals is a top priority for Celsius, but the company may have to wait since the U.S. Trustee Program (which regulates the management of bankruptcy proceedings) has concerns. Celsius sought approval
