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#bitcoinhalving 📣 Yahoo is buying Instagram co-founders’ AI news app #Instagram ’s co-founders built a powerful and useful tool for recommending news to readers — but could never quite get it to scale. Yahoo has hundreds of millions of readers — but could use a dose of tech-forward cool to separate it from all the #internet ’s other news aggregators. And so, the two sides are joining forces: #Yahoo is acquiring Artifact, the companies announced on Tuesday. #BinanceLaunchpool

#bitcoinhalving

📣 Yahoo is buying Instagram co-founders’ AI news app

#Instagram ’s co-founders built a powerful and useful tool for recommending news to readers — but could never quite get it to scale. Yahoo has hundreds of millions of readers — but could use a dose of tech-forward cool to separate it from all the #internet ’s other news aggregators. And so, the two sides are joining forces: #Yahoo is acquiring Artifact, the companies announced on Tuesday.

#BinanceLaunchpool

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🌖 Terra Luna Classic Votes to Increase Validator Commission Tera Luna Classic ($LUNC ) takes a drastic approach to revolutionize its ecosystem with a series of approved proposals subject to voting. Over the years, developers have pointed out possible risks to the likes of #Cosmos , #Solana⁩ , and the Polkadot ecosystem, proposing proactive measures to mitigate any future spam attack. To prevent such occurrence on the chain and to raise the minimum validators’ commission from 0% to 2.5%, Proposal 12097 has currently been subjected to voting with quorum and pass threshold reached. At press time, the proposal had received 35 “YES” votes in addition to 32% “NO”, 0.5% “NO WITH VETO”, and 32.50% “ABSTAIN” votes. From the vote, it is obvious most of the validators voted in favor of the proposal. Commenting on this, one of the top validators Allnodes has observed that the VP of the top 15 validators has reduced drastically, and would be significantly less with the 2.5% commission implementation. As a result of this, he and six other validators voted “NO” compared to 33 validators who voted “YES”. #ScamRiskWarning #BTC #bitcoin
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Quality Over Quantity For LUNC? Despite the collective effort to combat rising phishing attacks and Peer-to-peer (P2P) spam, Terra Classic’s developer activity has significantly plunged since March 29, 2024. Pointing to 2.95 in Santiment’s development activity index, the calm period accompanies a 32.7% price drop in LUNC value over the past 30 days. Apart from this setback, Terra Classic’s social metrics have also been overshadowed by competing altcoins and meme coins, as LUNC is now positioned in a historically low position, ranking at #140 in terms of global market cap. With a $644M market capitalization, LUNC is far from the $1 billion mark, last claimed in mid-March 2024. Nevertheless, Terra Classic holders are optimistic about the coin’s future due to the rapidly spiking Terra Luna Classic (LUNC) burn rate. As overall Terra Luna Classic burns are quickly approaching the 111 billion mark, this metric exposes a gradual growth in LUNC burns since the beginning of 2024. As of press time, #TerraLunaClassic (#LUNC✅ ) trades at $0.0001117, gaining 5% over the latest 7-day period. While the recent upward momentum provides some relief, #TerraClassic ($LUNC ) succumbed to a heavy crypto market correction on a monthly time frame, coming to grips with the 32.7% deficit and completely wiping out the meme coin-inspired Spring rally to $0.00022880 on March 5, 2024. #BTC #bitcoin
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Terra Luna Classic Is Reducing Block Size To Tackle P2P Scams The #TerraLunaClassic blockchain is set to receive several improvements related to the chain’s security after the $LUNC community unanimously passed proposal #12094 “To decrease MaxBlockSize”. Simply put, a block size is the maximum space needed for transactions to clear and store data on-chain. This proposal was submitted by Genuine Labs, the new developer team responsible for technical upgrades on the Layer-1 network. Arguing that Cosmos chains, Solana, and Polkadot had recently faced an epidemic of Peer-to-Peer (#p2p ) scams, the developers suggested reducing Terra Classic’s block size from 5 Megabytes (MB) to 2 MB. While this is believed to be a temporary band-aid, most #TerraClassic chain validators like All Nodes, Interstellar Lounge, and JESUS is LORD believe that a long-term solution will be introduced by Genuine #labs in the next quarter. Meanwhile, some members believe that the maximum block size could be lowered further to 1 MB in the future. #ScamRiskWarning
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🌖 $LUNC and $USTC Prices Rally #LUNC✅ price jumped 10% on in the last 24 hours amid a market-wide recovery, with the price currently trading at $0.0001112. The 24-hour high and low are $0.0001003 and $0.0001131, respectively. Moreover, trading volume increased by 102% in the last 24 hours, indicating a rise in interest among traders. Meanwhile, #USTC price also climbed 20% higher, with the price currently trading at $0.0202. The 24-hour low and high are $0.01745 and $0.02207, respectively. Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a #Technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry. The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. #ScamRiskWarning #BTC
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HOT NEWS ✅💥💥 #ARK is between the trend line and the demand area on the 4H time frame. The price can break up the #trendline . #BTC #ScamRiskWarning #bitcoin #Token2049
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