Binance’s latest LUNC burn removed 1.5 billion LUNC coins from circulation. Terra Luna Classic’s trading volume has decreased significantly since March. Analysts gauge LUNC’s breakout potential based on triple bottoms. Terra Luna Classic (LUNC) has received great response from Binance, the leading cryptocurrency exchange by trading volume. After Terra’s blockchain suffered a massive crisis in May 2022, the exchange took action on its own to reduce the oversupply of LUNC.Revitalization efforts following UST collapseWhile the crash caused the collapse of both Terra (LUNA) and Terra USD (UST), the original coins on the blockchain were relaunched as Terra Luna Classic and…
Author: Crypto Flexs
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According to a press release from the U.S. Department of Justice, Alexander Vinnik, the former operator of the BTC-e exchange, admitted to conspiracy to launder money. The guilty plea comes six years after his arrest in Greece on July 25, 2017. BTC-e’s Vinnik pleads guilty to money laundering (…)
Penguiana pre-sale begins, raising nearly 300 SOL in 2 hours – Chainwire housenewsroomPenguiana pre-sale begins, with nearly 300 SOL raised in 2 hours We use cookies to make Chainwire’s website a better experience. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or access is necessary for the legitimate purpose of…
“Today’s results demonstrate how the Department of Justice is working with international partners to combat cryptocurrency crime around the world,” Deputy Attorney General Lisa Monaco said in a statement. “Police the cryptocurrency market and restore compensation to victims.”
The cryptocurrency market is full of interesting projects vying for your attention, but among them, NFTFN is blazing a trail with an ongoing pre-sale that offers more than just a chance to win native tokens. This pre-sale brings an exclusive advantage to the table, designed to give early supporters a significant advantage when the platform launches. Let’s take a look at why you should take action now rather than wait until later. Advantages of Pre-Selling: The Power of Early Entry The most obvious advantage of the NFTFN pre-sale is the possibility of favorable token prices. Currently in Phase 2, $NTFFN…
Alexander Vinnik faces sentencing after pleading guilty to a wide range of criminal offensesAlexander Vinnik, the Russian co-founder of the now-defunct cryptocurrency exchange BTC-e, has pleaded guilty to money laundering charges, a major development in a case that captured global attention. The admission comes as part of a broader investigation that uncovered numerous illegal activities facilitated by BTC-e, an exchange that reportedly processed more than $9 billion in transactions between 2011 and 2017.Details of guilty pleas and pending sentencingVinnik’s guilty plea was filed in federal district court, admitting his involvement in orchestrating a money laundering scheme through the BTC-e platform.…
After a busy 12 months that included launching the mainnet and announcing new partnerships with TikTok’s parent company ByteDance and Google, and Mysten Labs, the creator of Layer 1. Sui Sui -2.62% Protocol is confident that blockchain technology will reach the proverbial turning point.“A killer app for web3 is coming. The ChatGPT moment is just around the corner.” Evan Cheng, CEO and co-founder of Mysten Labs, added in an interview with The Block that the current uptick coincides with web2 technology giants expressing more interest in blockchain than ever before. “We’re seeing a lot of interest from more established companies.…
Today, the ability to manage multiple currencies through a single platform has become more than just a convenience, it’s become a necessity. As cryptocurrencies continue to diversify and become integrated into mainstream financial transactions, multi-currency cryptocurrency wallets are becoming increasingly important. In this post, we look at how these wallets are shaping the future of financial management and why they play a pivotal role in the current economic ecosystem.What is a multi-currency cryptocurrency wallet?Unlike traditional wallets that typically support a single type of currency Multi-currency cryptocurrency wallet We provide a variety of platforms to participate in the global digital economy.…
The price of Bitcoin (BTC) has rebounded more than 12.50%, surpassing $64,000 on May 4, just three days after hitting a two-month low of around $56,550.BTC/USD daily price chart. Source: TradingViewThis resurgence has been largely fueled by the US Federal Reserve’s promise to keep interest rates unchanged throughout 2024. Additionally, positive US employment data showing unemployment claims falling to their lowest level since mid-February further supported Bitcoin’s continued price recovery.Is Bitcoin likely to continue its upward trend, or are we expecting another downtrend?Potential to retest $60,000 supportIn terms of price chart technicals, it is likely that Bitcoin will undergo some…
Zurich, Switzerland, May 3, 2024, Chainwire Galaxis is preparing to launch its token on Bybit this month, with the first phase launching through an IDO. To further enhance this launch, Galaxis has announced a significant $1,000,000 Community Creator and Community Member Grant Program. This initiative encourages both community creators and members to actively participate in the Galaxis ecosystem. Known for its partnerships with Mike Tyson, Steve Aoki, and the NBA, Galaxis fosters the Web3 creator movement by providing a platform for creators to profit from their work. A distinctive feature of the platform is custom membership cards. This card is…