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"Post-Ethereum Merge, the Ethereum PoW miners will need to mine other coins since Ethereum is moving to PoS," explained Hosam Mazawi, a co-founder at non-fungible token project Snook, in a Telegram message last week. "The options are Ethereum Classic or some new Ethereum fork." Source
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LUNA fell 36% in the past 24 hours while LUNC dropped 25%, with much of the price movement coming after news of the warrant was made public on Wednesday morning. The warrant was issued four months after the collapse of the $40 billion Terra ecosystem and its algorithmic stablecoin (UST),
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LUNA cayó 36% en las últimas 24 horas y LUNC bajó 25%. Gran parte de este movimiento de precios se produjo luego de que el miércoles por la mañana se conociera la noticia de la orden de arresto. La orden se emitió cuatro meses después del colapso del ecosistema Terra,
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Around the same time that a South Korean court issued an arrest warrant for Terra co-founder Do Kwon, Apollo DAO, a decentralized autonomous organization building on the Terra blockchain, said it was closing down its vaults on Terra Classic (LUNC) — formerly Terra (LUNA). The project's developers wrote: "Since the collapse
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The overall crypto market shows signs of price reversal from the downtrend, boosting investors’ confidence. To start with, the week started well
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Total cryptocurrency market capitalization regained the $1 trillion mark a brief fall under that level last week. Source
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Terra Classic (LUNC) has outperformed all top-ranking cryptocurrencies so far in September gaining nearly 100% in the past seven days alone.Terra Classic outperforms crypto marketThe token surged more than 250% month-to-date to reach $0.000594 on Sept. 8, its best level on record. Whereas Bitcoin (BTC) dropped 4% and Ether (ETH)
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However, the price rise may prove to be short-lived as the new fee parameter is unlikely to attract new investors to the blockchain, according to Edward Moya, senior market analyst at Oanda. “It still remains a tough period for crypto in general and investors still have a bad Terra taste
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En un intento por revivir el frustrado token de la blockchain de Terra, la propuesta aprobada destruirá el 1,2% de cada transacción para reducir la oferta. Source
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Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior.According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month.Analyst: Whales protectin positions “forming a local bottom”As BTC/USD hit its lowest levels since the end of June, whales
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