Terra(LUNA)

The community strongly supports discontinuing TerraClassicUSD (USTC) minting and reminting, actively engaging in USTC burning to restore its peg against the US dollar.

Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.

This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community.

[PRESS RELEASE – Paris, France, September 4th, 2023] Serenity Shield, a front-runner in technological innovation and disruptive solutions, proudly announces its win for “Best Technology Company” at the illustrious 6th edition of the Burj CEO Awards. The accolade was presented during a grand ceremony aboard a luxurious Norwegian Cruise Lines Mediterranean cruise. The Burj CEO […]

The convergence of gaming, gambling, and blockchain technology has given rise to a fascinating phenomenon: Play-to-Earn and Gambling projects, which are changing the face of digital entertainment and financial innovation. This fusion not only promises a new way to interact with games but also presents participants with ground-breaking potential to gain tangible benefits from their participation. Multiple initiatives that welcome both skilled players and risk-takers have emerged as a result of the draw of earning while playing and the excitement of gambling. In this article, we set out on a trip to discover the terrain dynamics where entertainment and money meet by carefully evaluating various projects, their underlying technology, and the unique perks they bring. Top Play-to-Earn and Betting Projects Dexsport Dexsport is an ultra-modern Web 3 cryptocurrency betting platform. 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The game's premise is simple: Players predict the short-term Bitcoin price direction, and accurate predictions earn $MATIC-based rewards, freeing users from centralized corporations' constraints. In a swift 60-second timeframe, players forecast whether Bitcoin's price will rise or fall. Successful predictions yield $MATIC rewards based on predefined odds. Leveraging the Polygon network ensures transactions are conducted in $MATIC, amplifying the decentralization aspect. This game caters to crypto enthusiasts and decentralization proponents seeking engagement with DeFi ecosystems independent of centralized entities, making it an engaging and empowering experience. Iskra Iskra (ISK-USD) is a gaming platform that aims to become a hub for Web3 games, similar to platforms like Steam or the Epic Games launcher, but for blockchain-based games. This innovative concept has the potential for significant growth, paralleling the success of tokens like Axie Infinity (AXS-USD) and Illuvium (ILV-USD), despite the latter two offering only a single game. The recent downturn in the cryptocurrency market also presents an investment opportunity for emerging projects. Anticipating the resurgence of cryptocurrencies, the popularity of play-to-earn games is expected to rise due to enhanced rewards. The ISK token's potential for substantial gains is tied to successful game development and marketing, positioning it as a highly promising cryptocurrency. An upcoming event, the Iskra X Base Exclusive Clashmon Free Mint Airdrop, is set to take place. Also, Iskra offers an exclusive Mystery Box Free Mint event, ending on 2/9/2023, marked by the launch of ClashMon: Ignition. Additionally, Iskra is focusing on promoting Clashmon by highlighting its betting system for battles, where players can wager their "torch" and secure victory over opponents. 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Terra Classic (LUNC) is struggling to regain its footing in the market, with prices falling over 9% in the past week. LUNC has now closed in the red for six weeks in a row, marking the token’s worst run since April. However, while LUNC struggles, lesser-known coins Wall Street Memes (WSM) and Launchpad XYZ (LPX) […]

Friend.Tech’s 24-hour fee jump places the social app in the top three projects for fee generation, only behind Ethereum and Lido, according to data from DeFiLlama. Let’s find out more. Ethereum According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Ark Invest and 21Shares are teaming up to apply for an Ethereum Futures Exchange Traded Fund (ETF). Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25 due to the rigid US regulatory environment. According to a post by Farcaster co-founder Dan Romero on August 23, the decentralized social media protocol is migrating to OP Mainnet. DeFi Shiba Inu's much-anticipated Shibarium network, a layer-2 solution built on Ethereum, is gearing up for a fresh launch after encountering initial setbacks. Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that's centered around first-party architecture. The dYdX foundation has published a list of guidelines and requirements that validators and stakers must comply with to ensure maximum user protection. Altcoins The PEPE token registered a sharp decline in price after millions of meme tokens flooded prominent crypto exchanges such as Binance, Bybit, and OKX. A phishing site has seized control of the Terra website, leading the site developers to sound the alarm and eventually freeze the Terra.money website. The social app Friend.tech has registered a big increase in protocol fees, generating fees in excess of $1.4 million in a 24-hour period. The team has vehemently denied a report claiming the personal data of over 100,000 users had been leaked. Technology Yuga Labs, the creators of the hugely popular NFT collection Bored Ape Yacht Club (BAYC), announced they will remove support for OpenSea’s Seaport Protocol from February 2024. Business Leading e-commerce platform Shopify will now allow users to make USDC payments thanks to its recent integration of the Solana Pay app. Considering the complexity of the ever-evolving crypto market, the trading platform Bitget has introduced the Bitget Protection Fund. Dropbox has moved its unlimited storage plan to a metered one in order to stop crypto miners’ “uneven usage.” Binance, the renowned global crypto exchange, has expanded its footprint by introducing its payment solution, Binance Pay, to the Brazilian market. Binance is pulling its horns in Latin America and the Middle East by withdrawing its crypto payment credit card. Coinbase and Circle, the two entities behind USD Coin (USDC), have announced new terms that would change the governance and funding of the USDC stablecoin. Regulation The SEC has charged a former corrections officer from New Jersey for his role in a bizarre cryptocurrency scam. The FBI has spotlighted six Bitcoin wallets believed to have connections with North Korea for their alleged ties to activities that breach US sanctions. Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to seven new charges brought against him in a Manhattan federal court on Tuesday. US District Judge Robert Pitman has dismissed an appeal filed by six Tornado Cash users who sought to lift sanctions placed on the controversial cryptocurrency mixer. Security Magnate Finance, a lending and borrowing protocol that operates on the Ethereum Layer-2 network Base, has apparently orchestrated a rug pull, stealing millions of dollars from users of the protocol. Liquidity protocol Balancer has disclosed that it has discovered a critical vulnerability that has impacted over 100 of its v2 pools spread across eight different blockchains. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Friend.Tech’s 24-hour fee jump places the social app in the top three projects for fee generation, only behind Ethereum and Lido, according to data from DeFiLlama. Let’s find out more. Ethereum According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Ark Invest and 21Shares are teaming up to apply for an Ethereum Futures Exchange Traded Fund (ETF). Cryptocurrency exchange Bitstamp announced it would end Ethereum (ETH) staking services to its US customers as of September 25 due to the rigid US regulatory environment. According to a post by Farcaster co-founder Dan Romero on August 23, the decentralized social media protocol is migrating to OP Mainnet. DeFi Shiba Inu's much-anticipated Shibarium network, a layer-2 solution built on Ethereum, is gearing up for a fresh launch after encountering initial setbacks. Blockchain oracle provider API3 has announced that it is launching a new data feed service suite for Polygon zkEVM, designed from a new push oracle solution that's centered around first-party architecture. The dYdX foundation has published a list of guidelines and requirements that validators and stakers must comply with to ensure maximum user protection. Altcoins The PEPE token registered a sharp decline in price after millions of meme tokens flooded prominent crypto exchanges such as Binance, Bybit, and OKX. A phishing site has seized control of the Terra website, leading the site developers to sound the alarm and eventually freeze the Terra.money website. The social app Friend.tech has registered a big increase in protocol fees, generating fees in excess of $1.4 million in a 24-hour period. The team has vehemently denied a report claiming the personal data of over 100,000 users had been leaked. Technology Yuga Labs, the creators of the hugely popular NFT collection Bored Ape Yacht Club (BAYC), announced they will remove support for OpenSea’s Seaport Protocol from February 2024. Business Leading e-commerce platform Shopify will now allow users to make USDC payments thanks to its recent integration of the Solana Pay app. Considering the complexity of the ever-evolving crypto market, the trading platform Bitget has introduced the Bitget Protection Fund. Dropbox has moved its unlimited storage plan to a metered one in order to stop crypto miners’ “uneven usage.” Binance, the renowned global crypto exchange, has expanded its footprint by introducing its payment solution, Binance Pay, to the Brazilian market. Binance is pulling its horns in Latin America and the Middle East by withdrawing its crypto payment credit card. Coinbase and Circle, the two entities behind USD Coin (USDC), have announced new terms that would change the governance and funding of the USDC stablecoin. Regulation The SEC has charged a former corrections officer from New Jersey for his role in a bizarre cryptocurrency scam. The FBI has spotlighted six Bitcoin wallets believed to have connections with North Korea for their alleged ties to activities that breach US sanctions. Disgraced FTX founder Sam Bankman-Fried has pleaded not guilty to seven new charges brought against him in a Manhattan federal court on Tuesday. US District Judge Robert Pitman has dismissed an appeal filed by six Tornado Cash users who sought to lift sanctions placed on the controversial cryptocurrency mixer. Security Magnate Finance, a lending and borrowing protocol that operates on the Ethereum Layer-2 network Base, has apparently orchestrated a rug pull, stealing millions of dollars from users of the protocol. Liquidity protocol Balancer has disclosed that it has discovered a critical vulnerability that has impacted over 100 of its v2 pools spread across eight different blockchains. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing.

Prime Core Technologies said that “under prior management" it had lost $6 million in user funds and $2 million treasury funds through investments in the algorithmic stablecoin.

Terra has asked users to stay away from terra(dot)money domains to avoid falling victims to phishing scams.

Crypto Banter host Ran Neuner takes aim at Ripple and FatMan Terra, tips his hat to ZachXBT and explains his young kids can read charts.

A phishing site has seized control of the Terra website, leading the site developers to sound the alarm and eventually freeze the Terra.money website. Terra.money Now Phishing Site Over the weekend, the Terra.money website fell under the control of hackers who were using the site to launch phishing attacks on whatever users were left on the platform. Kiruse, an esteemed web3 developer at Terra, took to Twitter to sound the alarm about this phishing site that's masquerading as the authentic Terra website. The site's sinister objective revolves around duping unsuspecting users into divulging their highly sensitive and confidential information. The domain in question, terra(dot)money, is presently under intense scrutiny due to its alleged involvement in this phishing endeavor. The perpetrators manipulated the website to pilfer sensitive user data, employing tactics that led users to unwittingly reveal their seed phrases, putting both cryptographic keys and funds in severe jeopardy. Alerts and Precautions Terra's response was swift. On August 19, the platform issued a stern warning against engaging with any site under the Terra money domain. This caution was reiterated the very next day, on August 20. Further efforts to bolster safety and security came from Station Wallet on August 21, advising users to steer clear of the Station desktop and mobile apps until their safety can be ensured. The team has also issued a strict directive for users: rely solely on the official communication channels—namely X (Twitter), Discord, and Telegram. This strategic move is aimed at ensuring that users receive authentic and trustworthy information during this period of uncertainty. Temporary Shutdown And Road Ahead In a bid to fend off these phishing scams, the Layer-1 blockchain Terra took the proactive step of temporarily shutting down its website. The team released an official statement on X, "The terra(dot)money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Our team has been working around the clock to rectify this issue, but we’ve encountered delays with some third-party responses.” Terra is still recovering from the devastating crash of the Terra/LUNA ecosystem last year. The company is desperately attempting to rebuild its reputation by replacing CEO Do Kwon, who was arrested and then released on bail. Furthermore, news of undisclosed wallets containing $160 million worth of digital assets belonging to Do Kwon has not helped his case. It remains to be seen if the Terra team is able to deal with the new phishing attack on top of its existing troubles. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A phishing site has seized control of the Terra website, leading the site developers to sound the alarm and eventually freeze the Terra.money website. Terra.money Now Phishing Site Over the weekend, the Terra.money website fell under the control of hackers who were using the site to launch phishing attacks on whatever users were left on the platform. Kiruse, an esteemed web3 developer at Terra, took to Twitter to sound the alarm about this phishing site that's masquerading as the authentic Terra website. The site's sinister objective revolves around duping unsuspecting users into divulging their highly sensitive and confidential information. The domain in question, terra(dot)money, is presently under intense scrutiny due to its alleged involvement in this phishing endeavor. The perpetrators manipulated the website to pilfer sensitive user data, employing tactics that led users to unwittingly reveal their seed phrases, putting both cryptographic keys and funds in severe jeopardy. Alerts and Precautions Terra's response was swift. On August 19, the platform issued a stern warning against engaging with any site under the Terra money domain. This caution was reiterated the very next day, on August 20. Further efforts to bolster safety and security came from Station Wallet on August 21, advising users to steer clear of the Station desktop and mobile apps until their safety can be ensured. The team has also issued a strict directive for users: rely solely on the official communication channels—namely X (Twitter), Discord, and Telegram. This strategic move is aimed at ensuring that users receive authentic and trustworthy information during this period of uncertainty. Temporary Shutdown And Road Ahead In a bid to fend off these phishing scams, the Layer-1 blockchain Terra took the proactive step of temporarily shutting down its website. The team released an official statement on X, "The terra(dot)money domains have successfully been frozen to prevent further user phishing scams, but a full resolution is still underway. Our team has been working around the clock to rectify this issue, but we’ve encountered delays with some third-party responses.” Terra is still recovering from the devastating crash of the Terra/LUNA ecosystem last year. The company is desperately attempting to rebuild its reputation by replacing CEO Do Kwon, who was arrested and then released on bail. Furthermore, news of undisclosed wallets containing $160 million worth of digital assets belonging to Do Kwon has not helped his case. It remains to be seen if the Terra team is able to deal with the new phishing attack on top of its existing troubles. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

The freeze comes shortly after Terra website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.

A new report from the US FBI reveals it confiscated almost $2 million in cryptocurrencies between March and May 2023. In its latest filing, the Federal Bureau of Investigations (FBI) revealed it seized about $1.7 million in cryptocurrencies from March to May. In an effort to combat illicit activities, the FBI seized crypto assets, including Bitcoin, Ether, Tether, Monero and Dai. The agency reported that most of the confiscations were in ether, with tokens to the value of $800,000 seized. Around $147,000 in Bitcoin (BTC), $307,000 in Tether (USDT), 469,000 in Dai (DAI), and $20,000 in Monero (XMR) were seized. The FBI even managed to seize $200 worth of Dogecoin (DOGE). According to the FBI, the majority of seizures were from Binance accounts. The largest confiscation took place in the Eastern District of Virginia in the form of $463,811 in ether. The agency said most of the seizures came from Florida and Virginia. The FBI further confiscated digital assets in Arizona, California, Connecticut, Georgia, Minnesota, Nebraska, New Mexico, New Jersey, New Hampshire, Illinois, Massachusetts, Louisiana, New York, Ohio, Pennsylvania, and Oklahoma. In its filing, the agency said the asset seizures came about after violations of federal regulations: “The Federal Bureau of Investigation (FBI) gives notice that the property listed below was seized for federal forfeiture for violation of federal law.” The FBI has been cracking down on digital assets used in illicit activities. In February, the agency announced that it confiscated several cryptocurrencies, digital assets, and NFTs worth around $250,000 from two different locations in the US. The agency also announced in March that it launched an investigation into Do Kwon and Terraform Labs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

A new report from the US FBI reveals it confiscated almost $2 million in cryptocurrencies between March and May 2023. In its latest filing, the Federal Bureau of Investigations (FBI) revealed it seized about $1.7 million in cryptocurrencies from March to May. In an effort to combat illicit activities, the FBI seized crypto assets, including Bitcoin, Ether, Tether, Monero and Dai. The agency reported that most of the confiscations were in ether, with tokens to the value of $800,000 seized. Around $147,000 in Bitcoin (BTC), $307,000 in Tether (USDT), 469,000 in Dai (DAI), and $20,000 in Monero (XMR) were seized. The FBI even managed to seize $200 worth of Dogecoin (DOGE). According to the FBI, the majority of seizures were from Binance accounts. The largest confiscation took place in the Eastern District of Virginia in the form of $463,811 in ether. The agency said most of the seizures came from Florida and Virginia. The FBI further confiscated digital assets in Arizona, California, Connecticut, Georgia, Minnesota, Nebraska, New Mexico, New Jersey, New Hampshire, Illinois, Massachusetts, Louisiana, New York, Ohio, Pennsylvania, and Oklahoma. In its filing, the agency said the asset seizures came about after violations of federal regulations: “The Federal Bureau of Investigation (FBI) gives notice that the property listed below was seized for federal forfeiture for violation of federal law.” The FBI has been cracking down on digital assets used in illicit activities. In February, the agency announced that it confiscated several cryptocurrencies, digital assets, and NFTs worth around $250,000 from two different locations in the US. The agency also announced in March that it launched an investigation into Do Kwon and Terraform Labs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

In its latest filing,the Federal Bureau of Investigations (FBI) revealed it seized about $1.7 million in cryptocurrencies from March to May. In an effort to combat illicit activities, the FBI seized crypto assets, including Bitcoin, Ether, Tether, Monero and Dai. The agency reported that most of the confiscations were in ether, with tokens to the value of $800,000 seized. Around $147,000 in Bitcoin (BTC), $307,000 in Tether (USDT), 469,000 in Dai (DAI), and $20,000 in Monero (XMR) were seized. The FBI even managed to seize $200 worth of Dogecoin (DOGE). According to the FBI, the majority of seizures were from Binance accounts. The largest confiscation took place in the Eastern District of Virginia in the form of $463,811 in ether. The agency said most of the seizures came from Florida and Virginia. The FBI further confiscated digital assets in Arizona, California, Connecticut, Georgia, Minnesota, Nebraska, New Mexico, New Jersey, New Hampshire, Illinois, Massachusetts, Louisiana, New York, Ohio, Pennsylvania, and Oklahoma. In its filing, the agency said the asset seizures came about after violations of federal regulations: “The Federal Bureau of Investigation (FBI) gives notice that the property listed below was seized for federal forfeiture for violation of federal law.” The FBI has been cracking down on digital assets used in illicit activities. In February, the agency announcedthat it confiscated several cryptocurrencies, digital assets, and NFTs worth around $250,000 from two different locations in the US. The agency also announced in March that it launched an investigationinto Do Kwon and Terraform Labs. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes.

The crypto market is at the edge of perhaps another move to the downside. Binance token $BNB needs to bounce soon, or face a drop into the void. The crypto market is in the red for yet another day. Bitcoin is flirting with $26,000 currently, and should it now fall and go through the support at $25,000 then things could get rather uncomfortable indeed for the entire crypto sector. A bounce in sight? However, bitcoin is battling and bulls do not look as though they will go down without a real fight. A rather large gap on CME is open above, with the upper bound at $27,620. Given that bitcoin is also looking quite oversold, a potential bounce could be seen later today or tomorrow. Plenty of bad news around There is plenty of really negative news on the global financial front, such as Chinese property developer Evergrande going into bankruptcy, but these sorts of events are nearly always priced into the market. With global financial markets at the edge of their own black hole, there will definitely be a need for bitcoin, which is outside of the huge timebomb of $1 quadrillion + in derivatives. Holders should think of this before selling. Binance continues to suffer One issue within the crypto ecosystem is that of the continuing SEC persecution of Binance, the largest crypto exchange in the world by trading volume. Having already published its intentions to sue the exchange and its CEO Changpeng Zhao, the enforcement overhang is having a deleterious effect on Binance. $BNB on the brink For the $BNB exchange token things are looking rather shaky. From a technical perspective, $BNB has fallen out of its bear flag and has lost the $220 support. A measured move out of the flag should still see $BNB fall a lot further, but this is probably immaterial as there is really no kind of decent support until under $50, which is a more than 4x drop into the abyss from here. Should such a calamity befall $BNB, and the exchange goes into a nosedive, the impact for the rest of crypto could potentially be far worse than the FTX and LUNA meltdowns, putting the bull market on hold. If this worst case scenario does come into fruition it should be remembered that bitcoin, ethereum, and some of the fundamentally stronger cryptos might be at bargain basement prices. Investors should do their research. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.

Road Town, BVI, August 21st, 2023, Chainwire LBank Exchange, a global digital asset trading platform, will list DongCoin (DONG) on August 25, 2023. For all users of LBank Exchange, the DONG/USDT trading pair will be officially available for trading at 8:00 UTC on August 25, 2023. DongCoin (DONG) is Korea's first shitcoin (excluding Luna). Introducing DongCoin LBank Exchange is thrilled to announce the upcoming listing of DongCoin (DONG), Korea’s first shitcoin (excluding Luna). The global digital currency sphere is no stranger to meme coins. Yet, the waves created by these fun, internet-inspired tokens have not fully hit the shores of South Korea until now. Enter 똥코인 (DongCoin), Korea's premier meme coin. Though Luna may claim some notoriety, DongCoin is setting out to prove its mettle in the meme coin arena. While meme coins have been majorly a Western phenomenon, with tokens inspired by internet humor, DongCoin serves as Korea's answer to this trend. The name itself – "똥" which translates to "s**t" in English – carries a cheeky nod to the term "s**tcoin". This is not just a coin; it's a statement, embracing the humor and playfulness that internet culture is known for. The fact that Americans aren't the only ones enjoying meme coins is now evident. Koreans have a rich internet culture, appreciating memes and emoticons, notably the poop emoji. Now, they have a coin tailored for their humor. About DONG Token A whopping 420,000,000,006,969 tokens are up for grabs. Such an elaborate figure, filled with meme-worthy numbers like 420 and 69, further reinforces the playful nature of this cryptocurrency. Based on ERC20, DONG has a total supply of 420 trillion (i.e. 420,000,000,006,969). It will be listed on LBank Exchange at 8:00 UTC on August 25, 2023, investors who are interested in DONG can easily buy and sell it on LBank Exchange by then. Learn More about DONG Token: Official Website | Contract | Twitter | Telegram About LBank LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies. Start Trading Now: lbank.com Community & Social Media:Telegram lTwitter lFacebook lLinkedIn lInstagram lYouTube Press contact [email protected] Contact LBK Blockchain Co. [email protected]

Kwon was arrested in Montenegro while attempting to travel to Dubai using forged documents in March this year.

The SEC seeks to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs.