In a dramatic turn of events, TerraClassicUSD (USTC), the algorithmic stablecoin connected to the LUNA ecosystem, recently experienced a remarkable upward trajectory, with gains surpassing 300%. This sudden spike in USTC’s price within the past 24 hours has left investors pondering the implications for Terra Classic (LUNC) and the potential revival of the LUNA ecosystem.
The United States Securities and Exchange Commission (SEC) is grappling with challenges in serving a lawsuit against Richard Heart, also known as Richard Schueler, the founder of Pulsechain, PulseX, and the controversial project Hex. This legal action was filed on July 31st, accusing Heart of selling unregistered securities and deceiving investors. However, the process of
November has been a month of heightened volatility in the cryptocurrency market, with Apecoin (APE) finding itself in the midst of a battle between bulls and downward pressure. The struggle for APE to stay above the crucial $1 mark has left investors on the edge, closely monitoring the price movements of this volatile meme coin.
In a recent announcement, Justin Sun, a prominent representative for the crypto exchanges HTX and Poloniex, revealed plans to reward users and cover losses resulting from hacker attacks. This move comes as both exchanges approach the reopening of deposit and withdrawal services. According to Sun’s statement, an “epic airdrop” will be initiated for users with
Amidst the volatility in the cryptocurrency market, popular crypto analyst PlanB has reaffirmed his optimistic long-term stance on Bitcoin. He believes that we may be witnessing the final days of Bitcoin trading below $40,000, calling it the last opportunity to buy at this price level. PlanB’s analysis of Bitcoin’s realized price, along with its consistent
In a surprising move, Wallet of Satoshi, a popular Bitcoin Lightning Network wallet, recently announced the termination of its services for U.S. customers. The company made the decision to remove its app from both the U.S. and Google app stores, leaving many crypto enthusiasts speculating on the reasons behind this sudden change. While Wallet of
The Investment Association, representing the investment sector in the U.K., has received official approval for a project that aims to develop tokenization within authorized funds. The initiative, spearheaded by the Technology Working Group of the government’s Asset Management Taskforce, in collaboration with the Financial Conduct Authority (FCA) and HM Treasury, seeks to enhance efficiency, transparency,
In the ever-evolving world of cryptocurrency, Launchpad XYZ has emerged as a promising project that utilizes artificial intelligence (AI) and machine learning to revolutionize crypto trading. By analyzing over 400 data points, Launchpad XYZ’s advanced algorithms provide users with data-driven insights, making it an enticing platform for traders seeking valuable information. But does this AI-powered
The Shiba Inu (SHIB) burn tracker, known as Shibburn, has recently made some alarming accusations against the founder of the meme coin, who operates under the pseudonym “Ryoshi”. These claims question the founder’s integrity and raise concerns about their actions within the SHIB ecosystem. Misrepresentations and Deceptive Actions Shibburn, through a series of posts on
ADDX, the blockchain-powered private markets exchange based in Singapore, has recently added a deep-value equity fund to its platform. This fund is managed by Aggregate Asset Management (AAM), an investment management firm that utilizes machine learning to optimize investment strategy and returns. The fund aims to achieve a compound annual growth rate of 8% and
