“Ethereum Classic (ETC) network activity dips amid market volatility, generating mere $26 in fees within 24 hours, fueling concerns about its future. Meanwhile, meme coin Sonik Coin ($SONIK), boosts market presence, promising high returns with a staggering 91% staking APY and strategic branding, despite the inherent market risks.”
Search Results for: Ethereum Classic
Falling Star or Rising Phoenix? Comparing Terra Luna Classic and Bitcoin Minetrix in Crypto Market
“The Terra Luna Classic has seen a 3% drop, marking a downward trend in its annual report. Despite the struggling market interest and poor ranking, a new proposal aims to revitalize the blockchain. Meanwhile, Bitcoin Minetrix’s popularity surges with a unique investing mechanism offering BTC as investor rewards.”
Terra Luna Classic (LUNC) Nosedive: A Deeper Dive into its Struggles and Potential Recovery
“Terra Luna Classic (LUNC) is suffering a significant downturn, with consecutive losses over the past weeks. The Terra Luna community is struggling to re-peg its stablecoin, USTC, to $1 and boost LUNC’s value. Despite bleak prospects, developers are working to improve the network, indicating a potential gradual recovery.”
Terra Luna Classic Price Plunges Amidst Community Discord: Can a Resolution Salvage It?
The Terra Luna Classic price has seen a downward trajectory, with a 10% drop in two weeks, bucking the positive trend seen with Bitcoin and Ethereum. Distinct discord and disagreements within Terra Luna Classic community are contributing factors, unsettling potential investors. However, emerging altcoins like Shibie (SHIBIE), free of such issues, offer potential investment opportunities.
Terra Luna Classic’s Struggles Vs. Evil Pepe’s Rise: Evaluating Crypto Prospects
“The Terra Luna Classic price dropped a significant 43% since the start of the year, with LUNC’s market capitalisation dipping below $500 million. Despite the downturn, technical indicators hint at a possible rebound. Meanwhile, emerging altcoins like the ERC-20 meme coin, Evil Pepe, offer new investment opportunities.”
Terra Luna Classic’s ICA Host Proposal: Boosting Staking and Quicksilver Integration Pros & Cons
Terra Luna Classic developers have submitted a joint governance proposal to allow multiple interchain account (ICA) host message types for QuickSilver. This aims to enhance the LUNC staking ratio on the Terra Classic chain, enabling interchain staking on any validators, maximizing liquidity, capital efficiency, and improving network security and decentralization, similar to Ethereum’s liquid staking provider, Lido.
Ethereum Blast: Casual Crypto Gaming or Ad-Heavy Time Sink? Pros, Cons & Conflict
Ethereum Blast is a casual mobile color-matching puzzle game that rewards players with cryptocurrency. Developed by Bling Financial, it offers easy gameplay and the opportunity to earn small amounts of Ethereum or Bitcoin while passing time. However, substantial ads and diminishing returns may deter some players.
Geth v1.12.0 Update Signals End of PoW Era: Ethereum’s Evolution Towards PoS System
The latest Geth v1.12.0 update marks the end of proof-of-work (PoW) support in Ethereum’s execution layer client, as the network transitions towards a proof-of-stake system. This, along with other Ethereum client updates, aims to enhance overall network performance and stability, attracting investors and fostering future growth.
Terra Luna Classic Price Struggles: Parity Upgrade vs Market Pessimism
Terra Luna Classic’s price has seen a decline in the past month, but the upcoming Parity upgrade and community efforts to enhance the blockchain’s utility offer hope for recovery. Edward Kim’s Block Entropy could potentially drive demand, but results may be slow in the face of competition by established providers.
Chess Meets NFTs: Immortal Game, Polo & Pan Revolutionize the Classic Strategy Experience
Immortal Game collaborates with electronic musicians Polo & Pan to introduce a limited edition collection of 500 digital chess pieces as NFTs on Ethereum scaling network Polygon. This partnership combines play-to-earn concept with unique aesthetics, offering players new quests, private tournaments, music, and real-world perks while aiming to make chess more accessible and expanding the online chess community.
Terra Luna Classic’s 8% Surge: Hope for a Rally or Time to Explore Alternatives?
LUNC marks the one-year anniversary of the Terra crash with an 8% rise in the past 24 hours. Persistent development and technical upgrades contribute to the potential for a strong rally. Meanwhile, alternative crypto investments like AiDoge offer enticing opportunities for gains in 2021.
Unmasking Crypto-Mining Attacks: Hackers, Graphic Design Tools, and the Art of Stealth Mining
Cisco Talos Intelligence Group found hackers use a Windows tool, Advanced Installer, to package malicious crypto-mining code with software installers of common design tools. Affected computers become carriers for malware miners, their powerful GPUs exploited to mine cryptocurrencies on behalf of the hackers, indicating increasing intersection between technological evolution and cybersecurity threats.
Exploring the New Horizons: How Crypto Miners Diversify Revenue Streams into AI Market
“Bitcoin and Ether miners are branching into new business areas including high performance computing services for the artificial intelligence industry, seeking to diversify revenue and reduce crypto reliance. This follows the Ethereum blockchain Merge, leaving a surplus of GPUs on the secondary market, used for gaming, rendering services and mining other cryptocurrencies.”
SEC Focus on PoS Coins: Unraveling the Mystery Behind Regulatory Scrutiny Differences
The SEC’s distinction in handling Proof-of-Work (PoW) tokens like Bitcoin and Proof-of-Stake (PoS) tokens such as Solana and Cardano intrigues market observers. PoW coins may have evaded SEC attention due to their “open mechanism and lack of a central issuer,” while PoS coins have faced more lawsuits. The reasons behind this divide remain unclear.
South Korean Crypto Traders Embrace XRP and Diverse Altcoin Market: Ripple-SEC Case Impact
Latest data reveals that XRP is the most-traded cryptocurrency in South Korea apart from Bitcoin and Ethereum, capturing 12% of non-BTC/ETH trading volume. The country prioritizes lucrative opportunities within diverse digital assets, establishing itself as a major player in the global crypto market.
Rolling the Dice: Top 5 Crypto Casinos Taking Online Gambling by Storm in 2023
Cryptocurrencies have revolutionized the online gambling industry, giving rise to crypto casinos where players can […]
Zero-Knowledge Tech Fueled W-Pay: A Revolution in Secure Crypto Transactions
“Wirex, a global digital payment platform, introduces W-Pay, an App Chain powered by Zero-Knowledge technology. Aimed at enhancing connections between DApps, non-custodial wallets, and traditional payment systems, it offers swift, secure transactions and total fund control. The Ethereum Virtual Machine compatibility ensures diverse functionalities and promotes crypto ecosystem interoperability.”
Meme Coin PEPE Surges: High Risks-Reaping Rewards or Lessons for Future Crypto Whales?
The meme token PEPE is witnessing a significant rally from heavy past losses, outperforming the overall cryptocurrency market. However, its sustainability largely depends on whale traders. Meanwhile, Bitcoin Minetrix, an Ethereum-linked tokenized cloud mining platform, offers a less risky option, promising to democratize Bitcoin mining. As usual, investors should tread cautiously.
Impending Token Unlock for Optimism: A Balance of Growth and Uncertainty
The Ethereum layer 2 network, Optimism, anticipates a token unlock on September 30, posing some uncertainty for its native token. This unlock involves unwrapping 24.16 million tokens (around $31.1 million), representing a 3% sliver of total circulating supply. Preluding the unlock, Optimism announces a release of 570 million tokens for future airdrops, with allocations based on community participation and governance votes.
Unraveling The Stake Crypto Casino Hack: Speedy Recovery vs Security Concerns
Stake, a crypto casino, recently experienced a high-profile hack, with an alleged $41M stolen from its hot wallets. Despite this, Stake resumed all services in under five hours, raising questions about transparency during security breaches and adequacy of current security protocols.
Crypto in Politics: RFK Jr’s Support for Bitcoin & Deep Dive into Current Market Trends
U.S. presidential candidate Robert F. Kennedy Jr. has voiced support for Bitcoin, promising to remove capital gains taxes on cryptocurrencies if elected. His stance adds an interesting perspective, while the fluctuating crypto market continues to affect prices. Notably, Toncoin, Sonik Coin, Binance Coin, Launchpad XYZ, and Tron exhibit promising dynamics amid market volatility.
Vanity Bitcoin Addresses: A Personal Touch or a Privacy Nightmare?
“Vanity Bitcoin addresses are personalized BTC identifiers with select patterns or words. Despite offering customization, they potentially expose users’ blockchain activities by encouraging address reuse. The balance between personalization appeal and privacy breaches remains a significant challenge in their future usage.”
DeFi Dilemma: The Power of Community Decision Making Amidst Defaults in the Crypto Domain
In the rising decentralized finance (DeFi) sphere, MakerDAO, a project on the Ethereum blockchain, halted additional lending to a tokenized credit pool in the Centrifuge protocol owing to a concerning trend of $2.1 million in loan defaults. The move alleviated communal concern despite the unfortunate circumstances provoking the decision.
Celsius’s Corporate Saga: Liquidation, Bankruptcy, and Fraud – A Glimpse into Crypto’s Legal Challenges
Facing insolvency, crypto-lender Celsius is liquidating $25 million in altcoins following U.S. court approval. As part of a settlement plan, these assets will be converted into Bitcoin and Ethereum. Amidst controversy, the firm also moved $70 million from one wallet to another, raising questions about their handling of assets and strategic maneuvering.
LUNC’s Slow Progress vs. Chimpzee’s Promising Future: Navigating the Crypto Maze
“The price of LUNC has noticed a 5% surge in the past 24 hours, hinting at a potential short-term gain in the cryptocurrency. However, disagreements over upgrade proposals within the community raise uncertain recovery times. Meanwhile, Ethereum-based platform Chimpzee, with innovative sustainable consumption features, has raised over $850,000 in its ongoing presale, indicating potential gains for investors.”
Balancing Act: A Deep Dive into the Layered World of Crypto Security and the $30B Hacker Heist Saga
“Since 2012, $30B of crypto has been stolen due to vulnerabilities such as smart contract exploits and scams. Despite these challenges, the decline of ‘billion-dollar’ security incidents implies security improvements. However, the rapid evolution of the crypto industry may introduce new security risks.”
Popular Fan-Made Mario Game Exposed for Carrying Crypto Wallet Hijacking Malware
A fan-made Super Mario game, Mario Forever, reportedly carries malware that can hijack users’ crypto wallets and secretly install crypto mining software. Cyble Research & Intelligence Labs discovered the game’s installer includes malicious software and XMR Miner, which covertly runs a Monero cryptocurrency miner on users’ computers. Additionally, the installer contains files for installing Umbral Stealer, an information stealer targeting Ethereum, Zcash, and Bytecoin wallets. The case underscores the importance of caution when downloading software, especially from unofficial sources.
The Azuki Elementals NFT Release: Expanding the Anime Universe and Fueling Anticipation
Chiru Labs releases 20,000 Azuki Elementals NFTs, expanding its popular Ethereum-based Azuki collection. With a Dutch auction for the remaining Elementals, current Azuki NFT holders get a preferential pre-sale window. The four distinctive kingdoms-themed Elementals continue Azuki’s impressive success in the NFT market.
NFTs Meet Gaming in Viral Twitch Sensation: A New Era or a Risky Play?
Indie game “Only Up” features notable NFT project, Goblintown’s artwork and logos throughout the game, raising questions about future interactions between NFT projects, gaming, and the entertainment industry. The growing popularity of such games may encourage more crossovers, creating opportunities and challenges for creators and users.
US CPI Inflation Data and Fed’s Decision: Bullish Future for Crypto and Stock Markets?
Wall Street estimates suggest a bullish outlook for crypto and stock markets amid cooling US CPI inflation and the Federal Reserve’s anticipated interest rate decision. This could lead to a rebound for top cryptocurrencies like Bitcoin and Ethereum, following the recent market crash.
Merging Blue Chip NFTs and Memes: KilroyPunk and the Future of Multichain Collectibles
Multichain NFT protocol Holograph unveils “KilroyPunk,” blending “blue chip” NFTs with iconic memes. The collaboration with California-based artist Eric Elms explores rich visual and conceptual history of NFT art while adopting a multichain approach to digital collectibles, supporting Ethereum, Polygon, Avalanche, BNB Chain, and Optimism. This advancement addresses issues such as high gas fees and asset limitations in single blockchains.