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Issuers of Ethereum ETFs are still awaiting SEC comments on S-1 forms According to the latest reports, Ethereum ETF issuers are still waiting for the US SEC to rule on their S-1 filings filed on May 31 Rada Mateescu by Rada MateescuVerified Author June 11 2024 2 min. to read Key points Issuers of Ethereum ETFs are awaiting SEC comments on their S-1 filings, according to sources. Sources say they have yet to receive any feedback. Ethereum ETF issuers are still awaiting SEC comments on their S-1 filings filed on May 31, according to the latest reports. Sources familiar with the situation said feedback from the US regulator has not yet arrived. The issuers expected the SEC to provide comments on those filings on June 7, according to a source who spoke with the agency. It appears that at least two issuers have yet to receive feedback. The aforementioned sources believe that it will be offered later this week. The news comes after SEC Chairman Gary Gensler told CNBC that approval of the S-1 forms will take time. It remains unclear how long it will take for the US regulator to provide feedback to issuers of ETH ETFs on their S-1 filings.$ETH {future}(ETHUSDT) #
Issuers of Ethereum ETFs are still awaiting SEC comments on S-1 forms
According to the latest reports, Ethereum ETF issuers are still waiting for the US SEC to rule on their S-1 filings filed on May 31
Rada Mateescu by Rada MateescuVerified Author June 11 2024 2 min. to read
Key points
Issuers of Ethereum ETFs are awaiting SEC comments on their S-1 filings, according to sources.
Sources say they have yet to receive any feedback.
Ethereum ETF issuers are still awaiting SEC comments on their S-1 filings filed on May 31, according to the latest reports.
Sources familiar with the situation said feedback from the US regulator has not yet arrived.
The issuers expected the SEC to provide comments on those filings on June 7, according to a source who spoke with the agency.
It appears that at least two issuers have yet to receive feedback. The aforementioned sources believe that it will be offered later this week.
The news comes after SEC Chairman Gary Gensler told CNBC that approval of the S-1 forms will take time.
It remains unclear how long it will take for the US regulator to provide feedback to issuers of ETH ETFs on their S-1 filings.$ETH
#
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Zircuit is launching its mainnet this summer Zircuit is preparing to launch its mainnet this summer, and its ecosystem is already seeing significant growth. According to Binance's announcement, the network currently hosts over $3.5 billion in staking assets. Their "Build to Earn" program attracted over 1,100 applications. Its launch partners include big names like Athena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, LayerZero and many more. Dr. Martin Derka, co-founder of Zircuit, recently stated that the network was born from cutting-edge research in scaling and security. The Zircuit team is working to innovate on a solid technical foundation, making Ethereum more secure for the next billion users. Derka also highlighted the excitement of having Binance Labs as a partner on this journey. Binance Labs' investment comes on the heels of the exchange's CEO Richard Teng highlighting the importance of Web3's explosive growth and mainstream adoption of cryptocurrencies and blockchain. {spot}(BTCUSDT) $
Zircuit is launching its mainnet this summer
Zircuit is preparing to launch its mainnet this summer, and its ecosystem is already seeing significant growth.
According to Binance's announcement, the network currently hosts over $3.5 billion in staking assets.
Their "Build to Earn" program attracted over 1,100 applications. Its launch partners include big names like Athena, Renzo, Ether.fi, KelpDAO, Elixir, Ambient, Pendle, LayerZero and many more.
Dr. Martin Derka, co-founder of Zircuit, recently stated that the network was born from cutting-edge research in scaling and security.
The Zircuit team is working to innovate on a solid technical foundation, making Ethereum more secure for the next billion users.
Derka also highlighted the excitement of having Binance Labs as a partner on this journey.
Binance Labs' investment comes on the heels of the exchange's CEO Richard Teng highlighting the importance of Web3's explosive growth and mainstream adoption of cryptocurrencies and blockchain.
$
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Maximum security for users Zircuit uses a hybrid architecture that combines time-tested rollup infrastructure with zero-knowledge proofs. The result is a fast, low-cost, fully EVM-compatible ZK rollup that provides users with maximum security without sacrificing speed or compatibility. The performance of the Zircuit network comes from decomposing circuits into specialized parts and aggregating evidence, leading to greater efficiency and lower operating costs. Yi He, co-founder of Binance and head of Binance Labs, said his team supports projects that innovate Web3 while accelerating the blockchain industry. He emphasized that by integrating security at the sequencer level, the Zircuit network provides a more secure L2 solution that is set to grow and develop further.$BTC
Maximum security for users
Zircuit uses a hybrid architecture that combines time-tested rollup infrastructure with zero-knowledge proofs.
The result is a fast, low-cost, fully EVM-compatible ZK rollup that provides users with maximum security without sacrificing speed or compatibility.
The performance of the Zircuit network comes from decomposing circuits into specialized parts and aggregating evidence, leading to greater efficiency and lower operating costs.
Yi He, co-founder of Binance and head of Binance Labs, said his team supports projects that innovate Web3 while accelerating the blockchain industry.
He emphasized that by integrating security at the sequencer level, the Zircuit network provides a more secure L2 solution that is set to grow and develop further.$BTC
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Key points Binance Labs announced an investment in Zircuit, a zk-rollup network with sequencer-level security powered by artificial intelligence. Zircuit brings an innovative approach to on-chain security. Through an official announcement, Binance revealed that its venture capital and incubation arm, Binance Labs, recently invested in Zircuit. This is a zk-rollup network with sequencer-level security based on artificial intelligence. Binance Labs also shared the announcement via X: We've invested in @ZircuitL2 Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level. Read more👇https://t.co/HEjFrFgJB6 Zircuit is a new Layer-2 network that brings an innovative approach to on-chain security. The network provides users with safety through sequencer-level security and built-in AI-based automated mechanisms that protect them from smart contract exploitation and malicious actors. Created by a team of Web3 security veterans and PhDs in computer science, algorithms and cryptography, Zircuit combines the best of performance and security features.
Key points
Binance Labs announced an investment in Zircuit, a zk-rollup network with sequencer-level security powered by artificial intelligence.
Zircuit brings an innovative approach to on-chain security.
Through an official announcement, Binance revealed that its venture capital and incubation arm, Binance Labs, recently invested in Zircuit.
This is a zk-rollup network with sequencer-level security based on artificial intelligence.
Binance Labs also shared the announcement via X:
We've invested in @ZircuitL2
Zircuit is a zk rollup with parallelized circuits and AI-enabled security at the sequencer level.
Read more👇https://t.co/HEjFrFgJB6

Zircuit is a new Layer-2 network that brings an innovative approach to on-chain security.
The network provides users with safety through sequencer-level security and built-in AI-based automated mechanisms that protect them from smart contract exploitation and malicious actors.
Created by a team of Web3 security veterans and PhDs in computer science, algorithms and cryptography, Zircuit combines the best of performance and security features.
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RCOF Presale: Your Gateway to 5,000% Returns! RCO Finance has strengthened its position in the cryptocurrency market, highlighted by the ongoing presale of its RCOF token, currently priced at $0.01275 in Stage 1. Over 20 million RCOF tokens were sold in Stage 1 of the presale. In Stage 2, the RCOF token price is expected to rise to $0.0343, a 169% increase. Interestingly, early investors in RCOF could see gains exceeding 5,000% when the token price reaches its projected value of $0.6 by the end of the presale. These investors also have a chance to win over $100,000 worth of gifts and cash prizes. Therefore, investing in RCOF now offers the potential for significant returns, especially as altcoins gain traction. Seize the moment and join the DeFi excitement!#usdt
RCOF Presale: Your Gateway to 5,000% Returns!
RCO Finance has strengthened its position in the cryptocurrency market, highlighted by the ongoing presale of its RCOF token, currently priced at $0.01275 in Stage 1.
Over 20 million RCOF tokens were sold in Stage 1 of the presale. In Stage 2, the RCOF token price is expected to rise to $0.0343, a 169% increase.
Interestingly, early investors in RCOF could see gains exceeding 5,000% when the token price reaches its projected value of $0.6 by the end of the presale. These investors also have a chance to win over $100,000 worth of gifts and cash prizes.
Therefore, investing in RCOF now offers the potential for significant returns, especially as altcoins gain traction. Seize the moment and join the DeFi excitement!#usdt
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Bitcoin Consolidates Despite Trump's Support Unlike Ethereum, the former president's statement failed to trigger a rally for BTC. Bitcoin price fell 2.73% to $67,544 in the past few days, according to data from TradingView. On the hourly chart, Bitcoin price is in the middle of a narrow trading channel. Buyers could only consider initiating an upward move if they push BTC price back to the $69,500 area. Achieving this goal could open up the possibility of increased resistance. Meanwhile, the situation remains unchanged on the daily interval. Neither the bulls nor the bears show dominance, suggesting that sudden price movements are unlikely. In general, sideways trading around $69,000 is the most likely short-term scenario. From a medium-term perspective, Bitcoin has once again failed to hold a position above the $70,000 area. A correction to the $66,000 range can be anticipated as long as the price remains below this threshold.#Binance #Ethereum $ETH $BTC
Bitcoin Consolidates Despite Trump's Support
Unlike Ethereum, the former president's statement failed to trigger a rally for BTC. Bitcoin price fell 2.73% to $67,544 in the past few days, according to data from TradingView.
On the hourly chart, Bitcoin price is in the middle of a narrow trading channel. Buyers could only consider initiating an upward move if they push BTC price back to the $69,500 area. Achieving this goal could open up the possibility of increased resistance.
Meanwhile, the situation remains unchanged on the daily interval. Neither the bulls nor the bears show dominance, suggesting that sudden price movements are unlikely.
In general, sideways trading around $69,000 is the most likely short-term scenario. From a medium-term perspective, Bitcoin has once again failed to hold a position above the $70,000 area. A correction to the $66,000 range can be anticipated as long as the price remains below this threshold.#Binance #Ethereum $ETH $BTC
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📢 $IO io.net Price Prediction Contest - BSC Daily

Predict the H1 candle's closed price of io.net when $IO is listed on @Binance on June 11th to grab⤵️

🎁 Prize: $100 USDT for 5 members who have the closet prediction in the comment section before the snapshot time will get the reward (maximum deviation percentage: 20%) 🤑

Rules✅

1. Like & Share the post on Binance Square: click here

2. Share this post with your price prediction & your EVM address on Binance Square to receive the prize:

i.e.: 4$ - 0xE8d68FBd0Fcce604cf7b76E4834852C80220FbfF

📸 Snapshot time: 09 AM UTC, June 11th ⌛️

#IOLAUNCHPOOL #PricePredictions2024
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Other promising projects azuroprotocol (AZURO): This "GambleFi" project on Polygon offers unique features such as betting on real-world events. Depositing funds into their ecosystem could unlock future airdrop rewards. StructFinance (STF): This Avalanche-based protocol specializes in structured returns, offering innovative ways to earn on crypto. By engaging with StructFinance, you could get double benefits – potential airdrops and attractive returns. Jupiter Exchange (JUP) (Confirmed): This Solana protocol dropped hints of a massive airdrop. Stay close to their ecosystem and be ready to take advantage when the opportunity arises. MeteoraAG (MNGA) & LineaBuild (LINA): Liquidity and yield protocols on Solana and ETH L2 respectively, these projects are building strong communities. By participating early, you could be in a favorable position for potential airdrops. KelpDAO (KELP) & RenzoProtocol (RENZO): These EigenLayer restaking protocols allow you to earn rewards by contributing to the growth of the EigenLayer ecosystem. By participating in these protocols, you may be eligible for airdrops of their native tokens
Other promising projects
azuroprotocol (AZURO): This "GambleFi" project on Polygon offers unique features such as betting on real-world events. Depositing funds into their ecosystem could unlock future airdrop rewards.

StructFinance (STF): This Avalanche-based protocol specializes in structured returns, offering innovative ways to earn on crypto. By engaging with StructFinance, you could get double benefits – potential airdrops and attractive returns.

Jupiter Exchange (JUP) (Confirmed): This Solana protocol dropped hints of a massive airdrop. Stay close to their ecosystem and be ready to take advantage when the opportunity arises.

MeteoraAG (MNGA) & LineaBuild (LINA): Liquidity and yield protocols on Solana and ETH L2 respectively, these projects are building strong communities. By participating early, you could be in a favorable position for potential airdrops.

KelpDAO (KELP) & RenzoProtocol (RENZO): These EigenLayer restaking protocols allow you to earn rewards by contributing to the growth of the EigenLayer ecosystem. By participating in these protocols, you may be eligible for airdrops of their native tokens
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$SOL DeFi Protocols and Bridges: DeBank & DeBank L2 (DBANK): This DeFi platform and Layer 2 version is making waves. While an airdrop isn't confirmed, their growing ecosystem and innovative approach make them worth watching. Pike Finance (PIKE): This platform offers various services including prediction markets and loans. Participating in Pike Finance could qualify you for their own airdrop and potentially even airdrops from other projects in the future. BungeeExchange (BNGX), JumperExchange (JMPR) & deBridgeFinance (DBR): These bridges connect different blockchains, allowing easy movement of assets. Early interaction with them could pave the way for airdrops from various projects that utilize their cross-chain capabilities. Derivative exchanges: Hyperliquidx (HYPER): This DEX on the Arbitrum chain is generating buzz about a potential airdrop. Aevoxyz (AEVO): Another interesting DEX appchain, Aevoxyz, is also whispering about an airdrop. Consider using their platform and see if you can get some tokens. Drift Protocol (DRIFT): Solana's Perpetuities DEX Drift has teased a massive upcoming airdrop. So get on with those perpetual contracts and see if you strike gold!
$SOL DeFi Protocols and Bridges:
DeBank & DeBank L2 (DBANK): This DeFi platform and Layer 2 version is making waves. While an airdrop isn't confirmed, their growing ecosystem and innovative approach make them worth watching.

Pike Finance (PIKE): This platform offers various services including prediction markets and loans. Participating in Pike Finance could qualify you for their own airdrop and potentially even airdrops from other projects in the future.

BungeeExchange (BNGX), JumperExchange (JMPR) & deBridgeFinance (DBR): These bridges connect different blockchains, allowing easy movement of assets. Early interaction with them could pave the way for airdrops from various projects that utilize their cross-chain capabilities.

Derivative exchanges:
Hyperliquidx (HYPER): This DEX on the Arbitrum chain is generating buzz about a potential airdrop.

Aevoxyz (AEVO): Another interesting DEX appchain, Aevoxyz, is also whispering about an airdrop. Consider using their platform and see if you can get some tokens.

Drift Protocol (DRIFT): Solana's Perpetuities DEX Drift has teased a massive upcoming airdrop. So get on with those perpetual contracts and see if you strike gold!
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Potential airdrops in 2024 Although the crypto landscape is constantly evolving, some potential upcoming airdrops have generated significant buzz. Let's examine a few: Projects based on Solana: Parcl (PARC): This project allows users to trade real estate assets on the blockchain. Engaging with the platform could increase your chances of receiving airdrop tokens. Phantom Wallet (FTM): This popular wallet from Solana has long been rumored to be planning an airdrop. Stay active and use your wallet for various transactions – it might be worth it! Rainbow Wallet (RAIN): This user-friendly wallet rewards early adopters. Create a new wallet, migrate existing ones and collect 'points' - these could unlock valuable airdrop rewards in the future$SOL
Potential airdrops in 2024
Although the crypto landscape is constantly evolving, some potential upcoming airdrops have generated significant buzz. Let's examine a few:

Projects based on Solana:
Parcl (PARC): This project allows users to trade real estate assets on the blockchain. Engaging with the platform could increase your chances of receiving airdrop tokens.

Phantom Wallet (FTM): This popular wallet from Solana has long been rumored to be planning an airdrop. Stay active and use your wallet for various transactions – it might be worth it!

Rainbow Wallet (RAIN): This user-friendly wallet rewards early adopters. Create a new wallet, migrate existing ones and collect 'points' - these could unlock valuable airdrop rewards in the future$SOL
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What is an airdrop? Imagine getting free shares in a new company – that's what an airdrop is all about. Blockchain projects distribute their native tokens for free to existing users or those who meet specific criteria. This serves several purposes: Raising awareness: Airdrops draw attention and spread the word about the project. Incentivize participation: Free tokens act as a reward for signing up, using the platform, or completing tasks, ultimately building a dedicated user base. Promoting Network Effects: With more users owning and using the tokens, the project's ecosystem thrives, creating a self-sustaining network$SOL
What is an airdrop?
Imagine getting free shares in a new company – that's what an airdrop is all about. Blockchain projects distribute their native tokens for free to existing users or those who meet specific criteria. This serves several purposes:

Raising awareness: Airdrops draw attention and spread the word about the project.
Incentivize participation: Free tokens act as a reward for signing up, using the platform, or completing tasks, ultimately building a dedicated user base.
Promoting Network Effects: With more users owning and using the tokens, the project's ecosystem thrives, creating a self-sustaining network$SOL
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Looking for the latest Shiba Inu news? We've got you covered. From price changes to new technology releases, we bring you the latest and most exciting news from the Shiba Inu crypto world. If you need to know Shiba Inu news right now, our live news feature is just what you need. We understand that time is of the essence when it comes to cryptocurrency investing, so we make sure you have the latest information as soon as it becomes available. Whatever your need, from today's Shiba Inu news to Shiba Inu cryptocurrency news, PortalCripto is your trusted source of information. So join us and stay up to date with everything that's happening in the exciting world of Shiba #SHIB
Looking for the latest Shiba Inu news? We've got you covered. From price changes to new technology releases, we bring you the latest and most exciting news from the Shiba Inu crypto world. If you need to know Shiba Inu news right now, our live news feature is just what you need. We understand that time is of the essence when it comes to cryptocurrency investing, so we make sure you have the latest information as soon as it becomes available. Whatever your need, from today's Shiba Inu news to Shiba Inu cryptocurrency news, PortalCripto is your trusted source of information. So join us and stay up to date with everything that's happening in the exciting world of Shiba #SHIB
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#SHIB Shiba Inu (SHIB) Welcome to PortalCripto, your trusted source for all Shiba Inu news. Our commitment is to keep you informed and informed about Shiba Inu, one of the most promising and exciting cryptocurrencies today. With our extensive coverage, you'll always have the latest Shiba Inu news at your fingertips. We know how quickly the cryptocurrency landscape can change, so we're always ready to provide you with the latest and most accurate information. Whether you're a seasoned investor or a cryptocurrency market enthusiast, our Shiba Inu news coverage is just what you need to stay ahead of the game. We cover a wide range of topics, from price changes to the latest technological developments. Want to know the latest Shiba Inu news? We are here for you. Our team of experts is always keeping an eye on the market, bringing you the latest and most exciting Shiba Inu coin news. If you're wondering about Shiba Inu news, our live coverage is just what you need. We are always ready to provide you with the most up-to-date information, allowing you to make informed and timely decisions. For those who are interested in Shiba Inu news, we have you covered. From in-depth reviews to coverage of recent events, we make sure you are fully informed about everything that is happening with this exciting cryptocurrency. When it comes to Shiba Inu news, we aim to provide both broad and in-depth coverage. Whether you're interested in price changes, new technological developments or market analysis, we've got you covered. If you are interested in Shiba Inu 2023 news, we have predictions, analysis and more. Whatever the future holds for the Shiba Inu, we're here to make sure you're always prepared.$SHIB
#SHIB Shiba Inu (SHIB)
Welcome to PortalCripto, your trusted source for all Shiba Inu news. Our commitment is to keep you informed and informed about Shiba Inu, one of the most promising and exciting cryptocurrencies today. With our extensive coverage, you'll always have the latest Shiba Inu news at your fingertips. We know how quickly the cryptocurrency landscape can change, so we're always ready to provide you with the latest and most accurate information. Whether you're a seasoned investor or a cryptocurrency market enthusiast, our Shiba Inu news coverage is just what you need to stay ahead of the game. We cover a wide range of topics, from price changes to the latest technological developments. Want to know the latest Shiba Inu news? We are here for you. Our team of experts is always keeping an eye on the market, bringing you the latest and most exciting Shiba Inu coin news. If you're wondering about Shiba Inu news, our live coverage is just what you need. We are always ready to provide you with the most up-to-date information, allowing you to make informed and timely decisions. For those who are interested in Shiba Inu news, we have you covered. From in-depth reviews to coverage of recent events, we make sure you are fully informed about everything that is happening with this exciting cryptocurrency. When it comes to Shiba Inu news, we aim to provide both broad and in-depth coverage. Whether you're interested in price changes, new technological developments or market analysis, we've got you covered. If you are interested in Shiba Inu 2023 news, we have predictions, analysis and more. Whatever the future holds for the Shiba Inu, we're here to make sure you're always prepared.$SHIB
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As for today's XRP SEC lawsuit, we provide complete coverage of the case, including the latest news and in-depth analysis. Whatever the case may be, we'll be here to keep you updated every step of the way. Looking for the latest XRP news? Our real-time coverage and in-depth analysis ensures you always have the most up-to-date information. Whether you're looking for breaking XRP news or real-time XRP cryptocurrency news, we've got you covered. When it comes to the latest Ripple (XRP) news, PortalCripto is your trusted source of information. We strive to provide the most accurate and timely information to help you make informed decisions. In summary, if you are looking for XRP v SEC news now or breaking XRP v SEC news, PortalCripto is the right place for you. Join us to stay updated with everything happening in the world of XRP.#cep
As for today's XRP SEC lawsuit, we provide complete coverage of the case, including the latest news and in-depth analysis. Whatever the case may be, we'll be here to keep you updated every step of the way. Looking for the latest XRP news? Our real-time coverage and in-depth analysis ensures you always have the most up-to-date information. Whether you're looking for breaking XRP news or real-time XRP cryptocurrency news, we've got you covered. When it comes to the latest Ripple (XRP) news, PortalCripto is your trusted source of information. We strive to provide the most accurate and timely information to help you make informed decisions. In summary, if you are looking for XRP v SEC news now or breaking XRP v SEC news, PortalCripto is the right place for you. Join us to stay updated with everything happening in the world of XRP.#cep
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XRP News Today The place to go for all XRP news today 👇. The most relevant information about XRP cryptocurrency, including all today's XRP news and detailed analysis. If you are looking for the latest XRP news, our team of experts is always ready to provide you with fast and accurate updates. We cover everything from price changes to technical developments to make sure you have all the information you need. With the ongoing controversy between the SEC and Ripple, the topic "SEC Ripple XRP" has become a hot topic in the cryptocurrency industry. We're here to keep you updated on all developments in the case, including the allegation that XRP won a lawsuit against the SEC. For those interested in XRP vs SEC today, we provide constant updates on the current state of the game. With our coverage, you'll never be in the dark about what's going on. When it comes to XRP v SEC news right now, our live news feature is second to none. We are always ready to provide you with the latest and most relevant information as soon as it becomes available. We're here to bring you all the XRP news you need, from court case details to price predictions. Everything you need to know about XRP and its ongoing legal case can be found here. For those interested in Ripple XRP news, we have you covered. Whether you are a potential investor or a cryptocurrency enthusiast, we have provided you with all the information you need to stay informed. #xrp
XRP News Today
The place to go for all XRP news today 👇. The most relevant information about XRP cryptocurrency, including all today's XRP news and detailed analysis. If you are looking for the latest XRP news, our team of experts is always ready to provide you with fast and accurate updates. We cover everything from price changes to technical developments to make sure you have all the information you need. With the ongoing controversy between the SEC and Ripple, the topic "SEC Ripple XRP" has become a hot topic in the cryptocurrency industry. We're here to keep you updated on all developments in the case, including the allegation that XRP won a lawsuit against the SEC. For those interested in XRP vs SEC today, we provide constant updates on the current state of the game. With our coverage, you'll never be in the dark about what's going on. When it comes to XRP v SEC news right now, our live news feature is second to none. We are always ready to provide you with the latest and most relevant information as soon as it becomes available. We're here to bring you all the XRP news you need, from court case details to price predictions. Everything you need to know about XRP and its ongoing legal case can be found here. For those interested in Ripple XRP news, we have you covered. Whether you are a potential investor or a cryptocurrency enthusiast, we have provided you with all the information you need to stay informed. #xrp
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Terra Luna Classic Today: Passage of Prop 12073 could help USTC and LUNC By Editor February 27, 2024 Read PortalCrypto em google news GET IT FAST Terra Luna Classic community united in strategic decisions USTC's burn boosts confidence in the project Terra Luna Classic Today EarthMetaPre-order EarthMeta LIVE!🔥x100?🚀 The Terra Luna Classic community took a monumental step by passing, on the second try, Proposal 12073. This decision marks a watershed moment for the project, allowing a significant 800 million USTC to be burned, a strategic move designed to increase value. of the currency. Relaunched on February 19 after a failed first attempt, the proposal "Burns $800 million USTC by Migrating Contracts" opened the door to heated debate and active participation by community members. The voting process, which lasted until the 26th of the same month, revealed an interesting division between the participants. According to data from ATOMScan, 40.90% of validators supported the initiative, while a small 7.32% were against it. Abstention was the choice of 43.96% of validators, with 7.82% expressing a vehement rejection of the proposal with a "No with veto". One of the notable moments of the process was the abstention of Allnodes, a key validator in the Terra Luna Classic structure, who chose not to participate in the vote. This act did not go unnoticed and motivated community members to mobilize in favor of approving the proposal, highlighting the importance of active participation for collective success. Also Read: US Bitcoin ETFs Buy $58.50 Billion In Five Months The approval of this proposal not only solidifies the community's commitment to the future Terra Luna Classic, but also signals a new chapter for the USTC. The estimated burn of approximately $32 million in USTC from the Risk Harbor multisig portfolio had an immediate impact on the market.$ETH
Terra Luna Classic Today: Passage of Prop 12073 could help USTC and LUNC
By Editor
February 27, 2024
Read PortalCrypto
em google news
GET IT FAST
Terra Luna Classic community united in strategic decisions
USTC's burn boosts confidence in the project
Terra Luna Classic Today
EarthMetaPre-order EarthMeta LIVE!🔥x100?🚀

The Terra Luna Classic community took a monumental step by passing, on the second try, Proposal 12073. This decision marks a watershed moment for the project, allowing a significant 800 million USTC to be burned, a strategic move designed to increase value. of the currency.

Relaunched on February 19 after a failed first attempt, the proposal "Burns $800 million USTC by Migrating Contracts" opened the door to heated debate and active participation by community members. The voting process, which lasted until the 26th of the same month, revealed an interesting division between the participants. According to data from ATOMScan, 40.90% of validators supported the initiative, while a small 7.32% were against it. Abstention was the choice of 43.96% of validators, with 7.82% expressing a vehement rejection of the proposal with a "No with veto".

One of the notable moments of the process was the abstention of Allnodes, a key validator in the Terra Luna Classic structure, who chose not to participate in the vote. This act did not go unnoticed and motivated community members to mobilize in favor of approving the proposal, highlighting the importance of active participation for collective success.

Also Read: US Bitcoin ETFs Buy $58.50 Billion In Five Months
The approval of this proposal not only solidifies the community's commitment to the future Terra Luna Classic, but also signals a new chapter for the USTC. The estimated burn of approximately $32 million in USTC from the Risk Harbor multisig portfolio had an immediate impact on the market.$ETH
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TO GIVE Welcome to PortalCripto, your main source for Cardano cryptocurrency news. We are always on top of the latest news, ensuring you have access to the latest and most relevant information to keep up with the fast pace of the crypto space. Want to hear Cardano news today? Our team of experts work tirelessly to provide you with in-depth analysis and real-time updates. Whether you're a veteran investor or a curious newcomer, we're committed to keeping you well-informed about the latest Cardano trends and developments. In our Cardano 2023 news section, we cover all aspects of this growing cryptocurrency. From price analysis to technology changes to expert forecasts, we're looking to give you a broad and comprehensive view of this pivotal year for Cardano. If you need to know Cardano news right now, we've got you covered. Our real-time news service ensures you receive the latest information as soon as it becomes available. We understand the importance of staying current in the dynamic world of cryptocurrencies and strive to keep you ahead of the curve. The future of Cardano is bright and we are here to guide you through it. Our coverage of upcoming Cardano news ranges from market forecasts to blockchain adoption analysis. Want to know where Cardano is going? We have the answers. Finally, for those who need to stay up-to-date, our latest Cardano news is indispensable. In the volatile cryptocurrency market, quick and accurate access to the latest news is crucial. That's why we're always ready to provide you with the most up-to-date and relevant information whenever you need it. So if you want to catch up with Cardano, PortalCripto is your place. $USDC
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Welcome to PortalCripto, your main source for Cardano cryptocurrency news. We are always on top of the latest news, ensuring you have access to the latest and most relevant information to keep up with the fast pace of the crypto space. Want to hear Cardano news today? Our team of experts work tirelessly to provide you with in-depth analysis and real-time updates. Whether you're a veteran investor or a curious newcomer, we're committed to keeping you well-informed about the latest Cardano trends and developments. In our Cardano 2023 news section, we cover all aspects of this growing cryptocurrency. From price analysis to technology changes to expert forecasts, we're looking to give you a broad and comprehensive view of this pivotal year for Cardano. If you need to know Cardano news right now, we've got you covered. Our real-time news service ensures you receive the latest information as soon as it becomes available. We understand the importance of staying current in the dynamic world of cryptocurrencies and strive to keep you ahead of the curve. The future of Cardano is bright and we are here to guide you through it. Our coverage of upcoming Cardano news ranges from market forecasts to blockchain adoption analysis. Want to know where Cardano is going? We have the answers. Finally, for those who need to stay up-to-date, our latest Cardano news is indispensable. In the volatile cryptocurrency market, quick and accurate access to the latest news is crucial. That's why we're always ready to provide you with the most up-to-date and relevant information whenever you need it. So if you want to catch up with Cardano, PortalCripto is your place. $USDC
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$BTC Bitcoin (BTC) Understanding the cryptocurrency market is an ever-changing challenge. That's why, at PortalCripto, we're dedicated to bringing you the most relevant Bitcoin news. Our 2024 Bitcoin News category is the place to go for anyone who wants to keep up with the latest happenings in this booming market. When it comes to Bitcoin news today, our goal is to bring you the latest and most accurate information. After all, we understand that in the dynamic world of cryptocurrencies, every minute counts. From Asia to America to Europe, we're always on the lookout for market movements, bringing you Bitcoin news now so you can make the best investment decisions. In the United States, Bitcoin has been a frequent topic of discussion. Recognizing the importance of the US role in the cryptocurrency scene, we have a section dedicated to Bitcoin news from the United States. Here, we bring you the latest regulatory news, technological advancements, and market trends, allowing our readers to understand how US politics and economics can influence the price and adoption of Bitcoin. For traders and investors keeping an eye on the market, our breaking Bitcoin news coverage is a must. We know that in such a volatile market, fast and reliable access to the latest news can make all the difference in the success of your operations. That's why we're committed to bringing you the latest news so you're never left behind. So whether you are a seasoned investor looking for updates or an enthusiast looking to better understand the market, our Bitcoin News category on PortalCripto is your trusted source of information. Join us and stay up to date with the latest news in the world of Bitcoin!
$BTC Bitcoin (BTC)
Understanding the cryptocurrency market is an ever-changing challenge. That's why, at PortalCripto, we're dedicated to bringing you the most relevant Bitcoin news. Our 2024 Bitcoin News category is the place to go for anyone who wants to keep up with the latest happenings in this booming market. When it comes to Bitcoin news today, our goal is to bring you the latest and most accurate information. After all, we understand that in the dynamic world of cryptocurrencies, every minute counts. From Asia to America to Europe, we're always on the lookout for market movements, bringing you Bitcoin news now so you can make the best investment decisions. In the United States, Bitcoin has been a frequent topic of discussion. Recognizing the importance of the US role in the cryptocurrency scene, we have a section dedicated to Bitcoin news from the United States. Here, we bring you the latest regulatory news, technological advancements, and market trends, allowing our readers to understand how US politics and economics can influence the price and adoption of Bitcoin. For traders and investors keeping an eye on the market, our breaking Bitcoin news coverage is a must. We know that in such a volatile market, fast and reliable access to the latest news can make all the difference in the success of your operations. That's why we're committed to bringing you the latest news so you're never left behind. So whether you are a seasoned investor looking for updates or an enthusiast looking to better understand the market, our Bitcoin News category on PortalCripto is your trusted source of information. Join us and stay up to date with the latest news in the world of Bitcoin!
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After a week marked by ups and downs, Bitcoin (BTC) experienced a sharp decline on Friday, hitting a weekly low near $66,650 before experiencing a significant recovery around $1,000. Meanwhile, altcoins showed a more static behavior, highlighted by Ethereum (ETH), which registered a slight increase of 1% and approached the $3,800 mark. The week started in a bullish mood for Bitcoin, with bulls pushing the cryptocurrency from below $69,000 to a weekly peak above $70,500. Initial euphoria suggested a possible approach to the all-time high of $73,800. However, on Tuesday, the market took another turn, with Bitcoin dropping over three thousand dollars. The scenario of the following days was marked by volatility, but the Bitcoin Price stabilized, oscillating between $67,000 and $69,000. An attempt on Thursday to break the upper bound of this range was quickly rejected, leading to a sharp drop to $66,600, the lowest of the week.#Binance $ETH $BTC
After a week marked by ups and downs, Bitcoin (BTC) experienced a sharp decline on Friday, hitting a weekly low near $66,650 before experiencing a significant recovery around $1,000. Meanwhile, altcoins showed a more static behavior, highlighted by Ethereum (ETH), which registered a slight increase of 1% and approached the $3,800 mark.

The week started in a bullish mood for Bitcoin, with bulls pushing the cryptocurrency from below $69,000 to a weekly peak above $70,500. Initial euphoria suggested a possible approach to the all-time high of $73,800. However, on Tuesday, the market took another turn, with Bitcoin dropping over three thousand dollars.

The scenario of the following days was marked by volatility, but the Bitcoin Price stabilized, oscillating between $67,000 and $69,000. An attempt on Thursday to break the upper bound of this range was quickly rejected, leading to a sharp drop to $66,600, the lowest of the week.#Binance $ETH $BTC
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