LUNC News: Terra Luna Classic successfully completed the v3.1.5 upgrade offering improvements including a critical security fix for wasmd, improved transaction efficiency, and preparedness for Tax2Gas implementation. The world's largest crypto exchange Binance expressed support for the Terra Luna Classic security upgrade.
Binance announces support for the Terra Classic (LUNC) network upgrade, affecting deposits and withdrawals temporarily on September 18, 2024.
The team of developers that took over from the Terra Luna Foundation to build a robust web3 ecosystem has made significant strides in the Terra Luna Classic (LUNC) network.
Unpacking the forthcoming reshaping of Terra Luna Classic's governance module: a necessary step against spam?
The Terra Luna Classic community has unveiled a proposal, that appears to have fueled optimism among market participants. The proposed upgrade aims to correct a major issue that was implemented mistakenly in a previous upgrade.
Uniswap, up 3.3%, also lead gainers in overnight trading.
Artificial Intelligence (AI) coins could be preparing to surge as Intel stock (NASDAQ: INTC) surged nearly 8% in extended trading hours on Monday. The increase comes after Intel CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.
NEAR Protocol, a decentralized blockchain platform designed for developing and running decentralized applications (dApps), has announced a new partnership with Nillion Network.
Terra Classic (LUNC) price is experiencing a downturn after several weeks of market recovery. This decline coincides with a broader downward movement in the cryptocurrency sector.
Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
Terra Luna Classic popular member and validator Vegas Morph has unveiled a proposal to repeg USTC to $1. This sparked bullish sentiment in the community, with LUNC price gaining further upside momentum after rising 15% in a week.
Montenegro's Supreme Court is reportedly set to decide by the end of this month whether the extradition process of Do Kwon involved legal violations.
TL;DR Nillion integrates with NEAR Protocol to enhance data privacy and storage within the blockchain ecosystem. It will allow NEAR developers to use advanced privacy tools that accelerate data processing. It will facilitate the creation of privacy-respecting applications and promote the development of private artificial intelligence and privacy solutions in the DeFi ecosystem.
Nillion privacy-preserving tools for data processing could have implications for computationally heavy use cases like AI on NEAR.
The cryptocurrency market continues to surprise both newcomers and veterans alike, with explosive growth seen in some of the more well-established projects. However, a new contender has entered the space: GoodEgg (GEGG), an AI-driven meme coin priced at just $0.00015.
The community will now move forward with proposals supporting the development of its core protocol software.
As Near Protocol (NEAR) continues to navigate market fluctuations, a new contender is emerging in the crypto world—GoodEgg (GEGG), an AI-powered meme coin poised to shake up the landscape.
The crypto markets witnessed a steep pullback in the past few days, which dragged the Bitcoin price below $54,000. Fortunately, the price triggered a V-shaped recovery in the next few days, which stabilised the entire market. In the meantime, the memecoins, the Solana ecosystem tokens and the AI tokens have been gaining significant strength.
Terra Classic's breakout potential strengthens with technical indicators and growing on-chain activity.
A widely followed crypto analyst is predicting one Ethereum (ETH) competitor is gearing up for a massive breakout. Crypto trader Michaël van de Poppe tells his 725,300 followers on the social media platform X that NEAR Protocol (NEAR) could soar 275% from its current value within six months.
NEAR Protocol has recently experienced a resurgence, with its price increasing by over 2% last week and an additional 3% rise in the past 24 hours. As of the latest data, NEAR is trading at approximately $4.02, and the token's market capitalization stands at over $4.5 billion.
NEAR is potentially overcoming its monthly decline of 2.20% as activities intensify.
The U.S. Securities and Exchange Commission (SEC) hit cryptocurrency entities with record fines in 2024, highlighting the growing financial risk for companies that fail to comply with regulatory standards. What happened: According to a study released by cryptocurrency analytics firm Social Capital Markets, the regulator has issued over $7.42 billion in fines since 2013, with $4.68 billion, or around 63%, coming this year alone.
Near protocol might reclaim $15 if a few conditions are met over the coming months.
The grandiose LUNC burn stems from SEC's ruling that TerraForm must cease operations and get rid of their digital assets.
Terraform Labs' $4.47 billion fine in 2024 has already helped this year become the record year in terms of total financial penalties.
The LUNA and LUNC price rallied nearly over 14% and 9% today, respectively, gaining notable traction from the investors. Meanwhile, the robust rally has also left many investors looking for potential reasons behind the surge.
The growth of Artificial Intelligence (AI) chip maker Nvidia (NVDA) has sparked a positive upswing in AI coins. The company stock price soared in the last 24 hours moving past speculations of a Department of Justice (DOJ) probe.
In a recent interview, President Jakov Milatović of Montenegro accused Prime Minister Milojko Spajić of lying about his knowledge of Do Kwon, the controversial co-founder of Terraform Labs, during a pivotal moment surrounding Kwon's arrest in Podgorica.
Terra Luna Classic community awaits massive USTC and LUNC burn by Terraform Labs (TFL) as per the Chapter 11 bankruptcy and court order in the U.S. SEC case. While the actual amount of Terra ecosystem tokens to be burned remains uncertain, Terra Classic members claim it's over 1 billion USTC and 275 billion LUNC tokens.
Luna Classic continues to garner support within the crypto community as many aim for a price surge. However, chances of this appear unlikely as several catalysts to the price surge are absent from the ecosystem.
NEAR hovered near the critical $3.5 support, with bulls needing a breakout above key EMAs to avoid further downside toward $2.6.
Genuine Labs addressed internal fights as the main reason behind the delay of the Tax2Gas proposal's implementation.
NEAR Protocol has had a turbulent time recently. Over the last four weeks, NEAR has seen its value decrease by approximately 10.61%, with a more pronounced 16.48% drop in the past week.
Story Highlights The live price of the Near Protocol token is . Near Protocol is predicted to reach a maximum of $7.28 this year. NEAR price with a potential surge could reach a high of $26.43 by 2030. The global crypto market has been generous enough to emerging protocols and its native assets.
LUNC News: Terra Luna Classic core developer on Friday said it has completed work on Tax2Gas, an upcoming major upgrade that will boost the network as well as LUNC price. The core developer added that the expected date of the upgrade is still unclear unless satisfaction in testing on rebel testnet.
AI coins are on investors radar for a potential surge, as Nvidia stock holds firm with a $165 price target despite recent market turbulence. Analysts remain confident in Nvidias growth prospects, sparking renewed interest in the AI sector.
The AI coins have went through a topsy-turvy phase lately, amid a volatile scenario in the broader crypto market. In addition, the recent crash in the Nvidia stock has further dampened the market sentiment, causing a massive selloff in both the stock and crypto markets.
Yesterday around 08:00 pm (UTC+2), the profile X of the cryptographic project Near Protocol was compromised.
AI tokens' recovery highlights market sensitivity to regulatory news, underscoring the volatility and investor sentiment in the tech sector. The post AI tokens rally as Nvidia refutes DOJ subpoena reports appeared first on Crypto Briefing.
Near Protocol's X page was apparently breached by hackers who seemed uninterested in promoting sham airdrops or rug pulls. On Sept. 4, bizarre posts were seen published from the X account of layer-1 proof-of-stake blockchain, Near protocol (NEAR).
TerraForm Labs owned crypto wallet sends 1,075 Bitcoins to a new address, while Do Kwon remains stuck in Montenegro.
TL;DR Nvidia Subpoenaed: The U.S. Department of Justice issued a subpoena to Nvidia on September 3, sparking market turmoil and significant losses in AI-related tokens. Market Impact: Nvidia's shares dropped by 8.3% this week, while AI tokens fell by an average of 7.1%, outpacing declines in major cryptocurrencies like Bitcoin and Ethereum.
Market consensus suggests that NEAR is on the cusp of a rally, supported by several key factors.
On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2.
Amid Terraform Labs' ongoing unwind and the extradition battle involving its founder Do Kwon, a wallet linked to both entities moved $62.8 million worth of Bitcoin.
Awaiting extradition to either the US or South Korea, Do Kwon could have had access to the Terraform Labs wallet containing more than 1,075 Bitcoin.