Best crypto memes of the day – August 9th

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• LUNC and LUNA show promise as Terra Luna faces crucial vote

  TL;DR Breakdown Terra Luna Classic is voting on Proposal 11780 to increase the minimum deposit for proposals from 1 million to 5 million LUNC. The proposal aims to combat the rise in spam and irrelevant proposals. The L1 Terra Classic Task Force is preparing for a core upgrade (v2.2.1) scheduled for September 12 at 9.57 UTC. Description The Terra Luna Classic community is currently voting on Proposal 11780. This initiative aims to combat the surge in spam proposals by raising the minimum deposit amount from 1 million to 5 million LUNC. The proposal comes when the crypto market is buzzing with activity, especially ahead of the v2.2.1 core upgrade scheduled for September … Read more The Terra Luna Classic community is currently voting on Proposal 11780. This initiative aims to combat the surge in spam proposals by raising the minimum deposit amount from 1 million to 5 million LUNC. The proposal comes when the crypto market is buzzing with activity, especially ahead of the v2.2.1 core upgrade scheduled for September 12 at 9.57 UTC. The community’s validators are in agreement….

  Article 2023年9月10日

• Judge Replaced in SEC Lawsuit Against Coinbase as Crypto Market Remains Steadfast

  TL;DR Breakdown Judge Jennifer Rearden has been replaced by Judge Katherine Polk Failla in the SEC lawsuit against Coinbase. Judge Failla’s previous experience in overseeing crypto cases, including one involving Tether and Bitfinex, may benefit her in understanding the complexities of the Coinbase case. The reason for Judge Rearden’s replacement remains unclear. Judge Jennifer Rearden, who was presiding over the U.S. Securities and Exchange Commission (SEC) lawsuit against Coinbase, has been replaced by Judge Katherine Polk Failla. This unexpected development comes less than 10 days after the SEC filed charges against the popular cryptocurrency exchange. The regulatory agency had recently launched a fresh wave of lawsuits targeting Coinbase and another major exchange, Binance. Coinbase, known as the leading U.S.-based exchange, is facing allegations of engaging in an unregistered securities offering through its staking-as-a-service program. This move by the SEC is part of their ongoing efforts to enforce regulations in the rapidly evolving world of cryptocurrencies. Judge Replaced in SEC vs. Coinbase Case Surprisingly, the crypto market showed minimal negative reaction to the consecutive lawsuits. This is notable considering the market…

  Article 2023年6月20日

• Polkadot price analysis: DOT crashes to $5 support after latest decline

  TL;DR Breakdown . Polkadot price declined 4 percent today . Price dropped as low as $4.90 . DOT set to continue to test support at $5 Polkadot price analysis shows a continuation of the downtrend in place, as price dipped another 3 percent to fall as low as $4.90 over the past 24 hours. Having recovered back up to $4.99 at the time of writing, DOT has declined more than 10 percent since the start of June. Polkadot price is set to continue to test support at the $5 mark, whereas the immediate resistance point is set at $5.5 which was the high on May 28. Over the past 24 hours, DOT trading volume dropped slightly, indicating a bearish trend, whereas the token’s market capitalisation dropped 4 percent to $6,624,378,804. The larger cryptocurrency market also continued to trend downwards, as Bitcoin dropped to $26,200 with a 3 percent decrement, and Ethereum declined in a similar way to move down to $1,800. Among leading Altcoins, Ripple lost 2 percent to move down to $0.51, while Cardano dropped a massive 9 percent…

  Article 2023年6月13日

• Inside Indonesia’s startling plan to ditch USD soon

  TL;DR Breakdown Indonesia is making moves to reduce its reliance on the U.S. dollar in global trade. President Joko Widodo has initiated a National Task Force to promote the use of the Indonesian Rupiah. This move aligns with a global trend, with BRICS and several other countries prioritizing their local currencies over the U.S. dollar. Description The global financial landscape is shifting, and Indonesia is riding the crest of this tidal wave. As nations grapple with economic strategies to remain afloat, a move away from the long-revered U.S. dollar seems to be gaining traction. Indonesia, the Southeast Asian archipelago, has taken an audacious step in this direction, potentially reshaping its financial … Read more The global financial landscape is shifting, and Indonesia is riding the crest of this tidal wave. As nations grapple with economic strategies to remain afloat, a move away from the long-revered U.S. dollar seems to be gaining traction. Indonesia, the Southeast Asian archipelago, has taken an audacious step in this direction, potentially reshaping its financial future and maybe even impacting the global economy. Indonesia’s Stride Towards…

  Article 2023年9月25日

• Delio to resume withdrawals after shocking suspension

  TL;DR Breakdown Delio, a prominent South Korean crypto lending platform, has announced that it will resume withdrawals after temporarily suspending them. Delio’s CEO, Jung Sang-ho mentioned that the withdrawals would be processed in phases. Delio had entrusted a significant portion of its clients’ funds to another South Korean crypto yield platform called Haru Invest. Haru Invest made headlines on June 13 when it suspended both deposits and withdrawals. Description According to a recent report from Decenter, a local news outlet, Delio, a prominent South Korean crypto lending platform, has announced that it will resume withdrawals after temporarily suspending them on June 14. However, the platform has not provided a fixed schedule for the withdrawals.  In a meeting held with investors on June 17, Delio’s … Read more According to a recent report from Decenter, a local news outlet, Delio, a prominent South Korean crypto lending platform, has announced that it will resume withdrawals after temporarily suspending them on June 14. However, the platform has not provided a fixed schedule for the withdrawals.  In a meeting held with investors on June…

  Article 2023年6月22日