News – Archive
New burning mechanism proposed for Terra Classic and token rises 120%.
After a steep decline in May, $LUNC has increased by more than 100 percent in the previous week. The increase has been even more significant over the last month, with the price increasing by 489% from USD $0.000095 on August 8 to a high of USD $0.00054 on Thursday morning.
New burning mechanism
Recent gains in the price of LUNC correlate with the advancement of a Terra Classic community proposal to introduce a new burn mechanism for the…
Nigeria plans to create a virtual free zone with Binance
The Nigerian government and the cryptocurrency exchange Binance have conducted an initial meeting to discuss the possibility of establishing a special economic zone in Nigeria that would provide assistance for firms linked to blockchain technology and cryptocurrencies.
The National Economic and Production Zones Authority (NEPZA), which helps oversee and run free zones in the nation, desires that the end product be comparable to Dubai’s vir…
Ethereum Classic jumps 12% as hash rate peaks
Ethereum Classic (ETC), a hard fork of Ethereum implemented after the 2016 DAO breach, set a new record hash rate of 48.82 tera hashes per second (TH/s) yesterday.
This increase follows last week’s decline throughout risk asset markets, which dropped Bitcoin (BTC/USD) below $20,000 and Ethereum (ETH/USD) to a low of $1,483, and continues the altcoin’s recent increases as it approaches the highly anticipated Merge.
As Ethereum prepares t…
Cardano (ADA) is now on Robinhood
Before Cardano’s forthcoming “Vasil” release, the popular financial services site Robinhood adds ADA to its trading listing. Consequently, Robinhood’s over 22 million members may now access their ADA accounts and trade, sell, or hold the cryptocurrency on the platform.
The company introduced the new trading option through Twitter on Thursday, and it is already available to users. According to Robinhood, the integration of $ADA (Cardano’s n…
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