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Upbit Reveals Plans To Use Terra Classic Transaction Fees

Upbit Reveals Plans To Use Terra Classic Transaction Fees

Upbit, South Korea's leading cryptocurrency exchange, plans to divide Terra Classic (LUNC) transaction fees of around $4.6 million charged during the Terra-LUNA crisis into short-term and mid-to-long-term plans. These plans include building a virtual asset monitoring center, releasing a white paper on the Terra-LUNA crisis, and donating to groups that help Terra investors who have suffered losses.

By : COIN GABBAR
Share 27 Sep 2022
Crypto Market Surges As Stock Market Drops

Crypto Market Surges As Stock Market Drops

The cryptocurrency market is witnessing a surprising upswing. Bitcoin has climbed from the $18,000-$19,500 range to cross the $20,000 mark. Bitcoin price has increased by more than 6% in the last 24 hours and is currently trading at $20,130. However, since the stock market is crashing, Bitcoin is attempting to break the correlation.

By : COIN GABBAR
Share 27 Sep 2022
FTX Beats Binance to Acquire Voyager Digital Assets

FTX Beats Binance to Acquire Voyager Digital Assets

As per the latest development, crypto exchange FTX US has successfully outbid other companies to acquire the assets of bankrupt crypto lender Voyager Digital. Last week, FTX was in a close battle with crypto exchange Binance. According to a statement issued by Voyager Digital on Monday, September 26, the agreement is worth around $1.4 billion. This includes the $1.3 billion in value of all cryptocurrencies currently owned by Voyager Digital, as well as an extra $110 million in consideration.

By : COIN GABBAR
Share 27 Sep 2022
Binance Returning To Japan Amid Crumbling Crypto Market

Binance Returning To Japan Amid Crumbling Crypto Market

Changpeng Zhao, CEO of Binance, the world's largest crypto exchange, is attempting to re-enter Japan after a long period of 4 years. As per the report, Binance is trying to secure a license to operate in Japan, where it previously did not have authorization. The East Asian country has taken an easy approach to digital assets and prospective user development.



By : COIN GABBAR
Share 26 Sep 2022
LUNC Price Falls 20% As Interpol Issues Red Notice Against Do Kwon

LUNC Price Falls 20% As Interpol Issues Red Notice Against Do Kwon

South Korean prosecutors announced on Monday (September 26) that Interpol had issued a Red Notice against Terra's founder Do Kwon after he fled Singapore. As a result, Terra Classic and Terra (LUNA) have dropped nearly 20% and 15%, respectively, in the last 24 hours.

By : COIN GABBAR
Share 26 Sep 2022
Disney Seeks Corporate Counsel For Metaverse And NFTs

Disney Seeks Corporate Counsel For Metaverse And NFTs

The Walt Disney Company may be on the verge of entering the cryptocurrency market. Recently, the company announced the launch of a new position for an "experienced corporate attorney" to focus on "emerging technologies" such as NFTs and the Metaverse. According to a job posting on the Disney careers website on September 23, the company is looking for a Principal Counsel — Corporate Transactions, Emerging Technologies & NFTs to work on transactions including NFTs, the Metaverse, blockchain, and DeFi.



By : COIN GABBAR
Share 26 Sep 2022
BTC Whale Address Holdings Dropped To 29 Month Low

BTC Whale Address Holdings Dropped To 29 Month Low

Bitcoin (BTC), the world's largest cryptocurrency, is still under heavy selling pressure as global markets remain volatile. Over the weekend, the Bitcoin price fell below $19,000 and BTC whale address holdings dropped to a 29 month low. The experts forecasting further downside for Bitcoin.

By : COIN GABBAR
Share 26 Sep 2022
Apple Will Allow Applications Selling NFTs With 30% Commission Fees

Apple Will Allow Applications Selling NFTs With 30% Commission Fees

Non-fungible tokens (NFTs) are making rapid inroads into the crypto sector, and even global IT behemoths are coming up to them. As per the most recent news, the Apple App Store would enable applications to sell NFTs on its platform.

By : COIN GABBAR
Share 26 Sep 2022
California Governor Rejects Key Crypto Bill

California Governor Rejects Key Crypto Bill

California Governor Gavin Newsom rejects Assembly Bill 2269, a crypto monitoring bill. The bill would have required cryptocurrency firms and exchanges to get a special license from the California Department of Financial Protection and Innovation. The bill was passed by both the state assembly (71-0) and the state senate. However, Newsom, who had until September 30th to make a choice, vetoed the bill.



By : COIN GABBAR
Share 24 Sep 2022
Binance Implements "Opt-In Button" On LUNC For 1.2 Percent Tax Burn

Binance Implements "Opt-In Button" On LUNC For 1.2 Percent Tax Burn

Binance CEO "CZ" stated in an AMA on Friday that the 1.2% tax burn for Terra Classic (LUNC) off-chain transactions is not viable on centralized exchanges like Binance. He believes that another possibility is to make users opt-in to the 1.2% tax burn. This will also indicate how many individuals in the voter base support the tax burn. Now, Binance has announced the inclusion of an "opt-in button" for a three-step implementation of tax burn on LUNC trading.



By : COIN GABBAR
Share 24 Sep 2022
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