$LUNC Binance, has announced its support for the Terra Classic (LUNC) network's v3.3.0 upgrade. This upgrade is scheduled to occur at block height 21,163,600, which is expected to be reached on December 17, 2024, at approximately 12:57 UTC.
Key Details of the Upgrade:
Purpose: The v3.3.0 upgrade aims to enhance the Terra Classic network by simplifying tax handling and boosting utility. It introduces a new tax handling system that automatically deducts taxes from transactions before they reach the recipient's wallet, streamlining compliance for users and developers
Impact on Users: During the upgrade process, Binance will temporarily suspend deposits and withdrawals of LUNC tokens to ensure a seamless transition. However, trading of LUNC on Binance will continue uninterrupted. Once the network is deemed stable post-upgrade, deposits and withdrawals will resume.
Broader Support: Other major cryptocurrency exchanges, such as Bybit and OKX, have also expressed their support for the Terra Classic v3.3.0 upgrade, indicating widespread industry backing for this development
This upgrade is part of ongoing efforts to revive the Terra Classic ecosystem by improving its functionality and attractiveness to developers and projects. The community has been actively involved in initiatives like token burns and proposals to enhance the network's utility and security.
Bitcoin ($BTC ), the pioneer of cryptocurrency, has reached a new all-time high (ATH), solidifying its position as a revolutionary asset. This milestone reflects growing institutional adoption, public trust, and its role as a hedge against inflation in uncertain economic times. Driven by technological advancements and increasing decentralization, Bitcoin's ATH highlights the mainstream acceptance of blockchain technology. As more countries explore digital currencies and corporations integrate blockchain solutions, Bitcoin serves as the flagship of this evolving financial era. Despite market volatility, its deflationary nature and limited supply continue to attract investors, making this ATH a testament to its enduring relevance.
$BTC $TON The $TON (The Open Network) token, originally developed by Telegram, is quickly gaining recognition as a powerful contender in the world of blockchain and cryptocurrency. Designed to facilitate fast, secure, and scalable decentralized applications, TON has been making waves with its unique approach and promising capabilities. But what exactly sets TON apart, and what are its prospects? Pros Scalability and Speed: TON is designed with a focus on scalability, enabling it to handle milli
Hedera Hashgraph (HBAR): A Glimpse into the Future
$BNB $HBAR Hedera Hashgraph (HBAR) has emerged as a prominent player in the distributed ledger technology (DLT) space, offering a unique alternative to traditional blockchain systems. Unlike conventional blockchains, Hedera utilizes a consensus algorithm called Hashgraph, which promises faster transactions, enhanced security, and more scalability. But what sets HBAR apart, and what does its future hold? Pros Speed and Scalability: HBAR boasts transaction speeds that far surpass those of traditi
$STOG represents a modern approach to digital transactions, leveraging the advantages of blockchain technology to offer a secure, efficient, and versatile cryptocurrency. With its unique integration into a credit card system and its playful nod to The Three Stooges, $STOG stands out as a distinctive and innovative digital asset. As with any cryptocurrency, potential users and investors should conduct thorough research and consider the risks and benefits before engaging with $STOG. DYOR and be sa
BNB, which stands for “Build and Build,” is a utility token created by Binance in 2017. It powers the Binance ecosystem and provides discounted trading fees for users. Originally launched as an ERC-20 token on Ethereum, it later transitioned to BEP-2 BNB on the Binance Chain and BEP-20 BNB on the Binance Smart Chain. BNB has a total supply of 200 million coins, with various use cases within and beyond the Binance ecosystem. Use Cases: - Trading Fees: BNB reduces trading fees on the Binance excha
Cryptocurrency, with its promise of decentralized finance and substantial returns, has become a magnet for investors. Unfortunately, it has also attracted scammers looking to exploit the unwary.
Understanding how these scams operate and how to protect yourself is crucial for anyone involved in the crypto space.
Common Types of Crypto Scams:
1) Pump and Dump Schemes
- How They Work: Scammers artificially inflate the price of a cryptocurrency through false statements, leading others to buy in. Once the price is high, they sell off their holdings, causing the price to crash. - Detection: Be skeptical of sudden price spikes and overly positive hype on social media. - Protection: Do your research before investing, diversify your investments, and avoid getting swept up in hype.
2) Phishing Scams
- How They Work: Scammers use fake emails, social media messages, or websites mimicking legitimate crypto services to steal your login credentials. - Detection: Look for discrepancies in URLs, unsolicited emails asking for personal information. - Protection: Always double-check URLs, avoid clicking on suspicious links, and use two-factor authentication (2FA)
The overall outlook for Solana is cautiously optimistic. Analysts predict that SOL could reach new all-time highs by 2025, driven by events like the Bitcoin halving and potential regulatory clarity in major economies.
These factors, suggest a positive trajectory for Solana in the near future.
As of today, Solana (SOL) is experiencing a dynamic period with several key developments influencing its market position.
By the end of 2024, predictions are from $270 to $390
This new Solana meme coin is driving me crazy, I invested a little bit, but I will be following it for a few days, seems to have a really good potential.
Either way it is already listed on 2 Exchanges, DYOR
Feel free to give me your thoughts on any other Solana meme that I should watch.
I found this article about the IFS, by OnomyProtocol, I thought it was interesting to share. Follow @OnomyProtocol on X $BTC $ETH $NOM --------------------------
What is the Internet’s Financial System (IFS)?
Exactly what it sounds like. It’s an alternative financial system residing on the web. One that abstracts away all on-chain complexity and is more akin to traditional finance, yet retains the crypto ethos and all the cutting edge features that come with it.
In simpler terms, pls? Whether you shop, chat, play, engage, create, deploy, trade, collect, or distribute, you’ll be interacting with on-chain tech. But you’ll never know it. By the time the IFS is here, it’ll all be second nature. Just like CTRL+C or putting your computer to sleep after you’re done with it. And this won’t be just you, technophile. It’ll be everyone.
Why? The IFS enshrines blockchain principles of transparency, community ownership and trustless authority, but lets institutional money and traditional finance offer their services through this medium that’s custom built for the evolving internet.
Recently I'm taking a closer look to $Smilek and to $Stog, this new meme coins seems to have a good entry point today, both projects have low MC and a good story behind.
I will keep checking how they develop in the nexts weeks, with the upcoming listings.