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#LUNC✅ Do you want make a cryptocoins??? LUNC Creating a cryptocurrency involves several steps and requires a combination of technical, financial, and legal knowledge. Here’s a high-level overview of the process: Decide on the Purpose: Determine what you want your cryptocurrency to achieve and its use case. Choose a Consensus Mechanism: This is the protocol that will maintain the integrity of your cryptocurrency’s transactions. Design the Blockchain: Decide whether you’ll create a new blockchain or use an existing one. If creating a new one, you’ll need to design its architecture. Develop the Coin: Write the code for your cryptocurrency or modify existing code if you’re using an existing blockchain. Ensure Legal Compliance: Consult with legal experts to ensure your cryptocurrency complies with international laws and regulations. Audit the Code: Have the blockchain and its code audited by professionals to identify any vulnerabilities. Create a Whitepaper: Document your cryptocurrency’s technology, architecture, and purpose in a whitepaper. Build a Community: Promote your cryptocurrency and build a community to support it. $LUNC

#LUNC✅ Do you want make a cryptocoins??? LUNC Creating a cryptocurrency involves several steps and requires a combination of technical, financial, and legal knowledge. Here’s a high-level overview of the process:

Decide on the Purpose: Determine what you want your cryptocurrency to achieve and its use case.

Choose a Consensus Mechanism: This is the protocol that will maintain the integrity of your cryptocurrency’s transactions.

Design the Blockchain: Decide whether you’ll create a new blockchain or use an existing one. If creating a new one, you’ll need to design its architecture.

Develop the Coin: Write the code for your cryptocurrency or modify existing code if you’re using an existing blockchain.

Ensure Legal Compliance: Consult with legal experts to ensure your cryptocurrency complies with international laws and regulations.

Audit the Code: Have the blockchain and its code audited by professionals to identify any vulnerabilities.

Create a Whitepaper: Document your cryptocurrency’s technology, architecture, and purpose in a whitepaper.

Build a Community: Promote your cryptocurrency and build a community to support it.

$LUNC

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#LUNC✅ Terraform Labs and its former CEO, Do Kwon, have been found guilty of misleading investors in crypto assets. They violated the Securities Act 1933 by selling crypto assets without proper registration 1. Here are the key details: SEC’s Allegations: The SEC alleges that many of the claims Kwon made about Terra were simply made up. Among the more startling claims, the Commission alleges that Kwon transferred 10,000 Bitcoin (BTC) out of Terraform Labs and Luna Foundation Guard (LFG) to a Swiss bank account. That’s a stash worth almost $250 million at today’s prices. Kwon has been transferring BTC from wallets belonging to TerraForm and LFG to a Swiss bank account, where he’s been converting it to cash. Over $100 million in fiat currency has been withdrawn from that Swiss bank between June 2022 and the date of the SEC complaint. This stands in stark contrast to the investors who lost huge amounts of money when TerraUSD (UST) crashed last year. The SEC lawsuit also specifically mentions a pharmacist in California who borrowed $400,000 against their home to purchase UST and a painter in Vermont who invested $20,000 that was otherwise earmarked for his son’s college tuition. Terra’s Partnership with Chai: On the road to becoming the third-largest stablecoin, Kwon made some big claims about the Terra network and UST. However, Terra’s partnership with payments app Chai didn’t involve the kind of integration that Kwon promised, according to the SEC’s lawsuit. Penalties Imposed: The SEC has imposed substantial penalties totaling $5.2 billion on Terraform Labs and its co-founder, Do Kwon. The SEC filed in a New York court, demanding $4.7 billion as repayment and interest. Additionally, they want $520 million in fines: $420 million from Terraform and $100 million from Kwon. Kwon is also facing legal issues in Montenegro and could face charges in the U.S. and South Korea.
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#pinetworkupdates Yesterday marked a record-breaking moment for Pi Network, with approximately 63,561 new wallets created, setting a new milestone in wallet creation counts. The enthusiasm and dedication of the community are unmatched! hokanews,hoka news,hokanews.com,pi coin,coin,crypto,cryptocurrency,blockchain,pi network,pi network open mainnet,news,pi news The Pi Network indeed had a remarkable day with the creation of 63,561 new wallets1. This event highlights the rapid growth and the strong community support for the Pi Network. The network has been gaining traction as a digital currency platform, attracting users from various backgrounds, including those new to the concept of cryptocurrency. Here are some key points about the recent developments in Pi Network: Rapid Growth: The creation of such a large number of wallets in a single day signifies a growing interest in joining the Pi Network1. Community Support: The record-setting number of new wallets is a testament to the enthusiasm and dedication of the Pi Network community1. KYC Processes: The network emphasizes fast and user-friendly Know Your Customer (KYC) processes, which is crucial in the cryptocurrency world. There are reports of users completing the KYC process in as little as 12 minutes1. Mainnet Launch: Pi Network is working towards its mainnet launch, which is a significant step for any cryptocurrency as it transitions from a test network to a live one2. Ecosystem Development: The network is also focusing on boosting its ecosystem by recruiting developers through an ambassador program and spreading Pi coins to encourage app launches2. The Pi Network’s vision is to build a more inclusive and sustainable financial future, and with the increasing number of participants, it’s moving closer to making that vision a reality 1. For more detailed information, you can visit their official communication channels and news updates
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