Schlagwort: crypto business

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Is LUNC in for a steep price rise? Best places to buy LUNC now

Few crypto market watchers have missed the viral campaign to get LUNC listed on Coinbase. Its price reached a peak in the morning of October 2. What direction will it take? 

Look no further than this short article for all the details about LUNC: what it is, is it worth investing in, and the best places to buy LUNC now. 

Top places to buy LUNC now

As LUNC is such a new asset, it’s yet to be listed on major exchanges. You can still purchase LUNC using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy LUNC right now, follow these steps:

1. Buy ETH on a regulated exchange or broker, like eToro ›

We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.

2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask

You’ll need to create your wallet, grab your address, and send your coins there.

3. Connect your wallet to the 1Inch DEX

Head to 1Inch, and ‚connect‘ your wallet to it.

4. You can now swap your ETH for LUNC

Now that you’re connected, you’ll be able to swap for 100s of coins including LUNC.

What is LUNC?

LUNC is the token of Terra Classic, a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. 

The Terra ecosystem collapsed in May this year, leading to a fork, when a new version of Luna was launched. 

The creators implemented the Terra Ecosystem Revival Plan 2, under which two Luna token versions were created. 

Should I buy LUNC today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also, consider how you would feel about losing money. 

LUNC price prediction

Telegaon predicts that the token will trade between $0.009 and $0.03 a year or two from now. At the time of writing, its price was $0.00032.  

After analyzing LUNC’s historical performance, other market insiders predict that its average price in 2024 will be $0.015.

LUNC on social media

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Litentry is up 20% and counting: here’s where to buy LIT

The live Litentry price today is $0.72 with a 24-hour trading volume of just under $106 million. Litentry is up 19.70% in the last 24 hours.

If you are attracted to unique features and want to learn how and where to buy LIT, this guide is for you. 

Top places to buy LIT now

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy LIT with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy LIT with Swapzone today

What is LIT?

LIT is the token of Litentry, a decentralized cross-chain Identity Aggregator that makes it possible to connect user identities across a number of networks. The platform’s mission is to provide consistency, interoperability, and liquidity to data querying. 

The protocol has use cases in customized data services, on-chain governance, and DeFi. 

Should I buy LIT today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never make any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose. 

LIT price prediction

According to Tech News Leader, the price of Litentry can go up to $1.05 in 1 year and break $3 in 5 years. In a decade, it will have gone up to $21.

LIT on social media

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Telco giant Deutsche Telekom launches Ethereum validator

  • Deutsche Telekom will run an Ethereum validator node via its subsidiary T-Systems Multimedia Solutions and has also partnered liquid staking pools provider StakeWise.

German telecom giant Deutsche Telekom has announced support for the Ethereum network, revealing plans to run a validator node on the world’s largest proof-of-stake (PoS) blockchain.

An announcement from the telecommunications giant on Thursday stated that the company move is part of its wider objective of expanding its activities across the blockchain technology and crypto ecosystem.

Deutsche Telekom joins Ethereum staking

According to Deutsche Telekom, its validation infrastructure will be handled by its subsidiary, T-Systems Multimedia Solutions (T-Systems MMS). T-Systems MMS will thus operate a validator node on Ethereum, taking part in the network’s staking mechanism.

Deutsche Telekom also announced that its subsidiary would be partnering liquid staking pools provider Stake Wise, this marking the telco’s entry into liquid staking. 

The StakeWise app allows ETH holders to participate in network validation without having to operate a validator node themselves. This in turn lowers the entry barrier for anyone looking to invest in the cryptocurrency.

“After collaborating with Flow, Celo and Polkadot, we are now taking the next decisive step in the blockchain world and are doing pioneering work here with Ethereum. As a node operator, our entry into liquid staking and the close collaboration with a DAO is a novelty for Deutsche Telekom,” said Dirk Röder, Head of Blockchain Solutions Center at T-Systems MMS.

The German telco behemoth’s move comes a few weeks after Ethereum successfully transitioned from the proof-of-work mechanism used on the Bitcoin network.

The Merge, as the Ethereum software upgrade that ushered in the PoS mechanism was called, is set to see energy consumption for Ethereum fall by 99.95% – making the blockchain a more eco-friendly network.

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CFTC charges Digitex founder over illegal crypto derivatives platform

The Commodity Futures Trading Commission (CFTC), has brought charges against Adam Todd, the founder of crypto derivatives platform Digitex, according to court documents filed in a US court.

The futures market regulator is suing Todd over his operating of an unregistered derivatives trading venue in violation of the Commodity Exchange Act (CEA), the filing showed.

Digitex used multiple entities

As per the CFTC charges filed in the Southern District of Florida, Todd is accused of building and operating the Digitex crypto derivatives trading platform illegally. The defendant is said to have used multiple entities to bring his services to the public, with cited entities being Digitex LLC, Digitex Software Ltd., Digitex Ltd. and Blockster Holdings Ltd. Corp.

The CFTC seeks monetary penalties, disgorgement, a ban against Todd and Digitex.

The action against Digitex is the latest complaint by the CFTC against a crypto entity or individual as regulators increasingly spotlight violations across the industry.

Last week, the agency fined founders of bZeroX Tom Bean and Kyle Kistner for violating the Commodity Exchnage Act in their offerig of leveraged and margined products to retailers. The regulator also filed a complaint against decentralised autonomous organisation Ooki DAO.

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Theta upgrade adds support for wrapped THETA (wTHETA)

  • The Theta v3.4.0 upgrade completed successfully at block height 17285755.
  • The software change enabled support for wrapped THETA (wTHETA) ahead of Theta Metachain mainnet launch in December.

Theta, a blockchain-powered video streaming network, has successfully upgraded to v3.4.0, Theta Labs has announced.

Theta v3.4.0 went live at block height 17285755 and its success brings Theta one step closer to the launch of its Metachain mainnet slated for December 2022.

Theta adds wrapped THETA for DeFi

The hard fork to the new version completed after all community validators upgraded their nodes, with v3.4.0 adding support for wrapped THETA (wTHETA) for the Theta web wallet.

The TNT20 token – an ERC-20 like token standard on Theta, can now be used on Metamask as well as across multiple smart contracts.

The upgrade has also added support Theta-based decentralised finance (DeFi) and for staking THETA or Theta Fuel to Elite Edge Nodes and Guardian Nodes, to provide for pooled staking and increase available staking products, Theta Labs announced.

Broadly, this upgrade means more utility for THETA and opens up the ecosystem for further growth. The Theta team is preparing for a testnet release ahead of the Metachain launch, with the testnet set to offer developers a chance to build on their own highly scalable, customisable subchains.

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