İstanbul escort bayan sivas escort samsun escort bayan sakarya escort Muğla escort Mersin escort Escort malatya Escort konya Kocaeli Escort Kayseri Escort izmir escort bayan hatay bayan escort antep Escort bayan eskişehir escort bayan erzurum escort bayan elazığ escort diyarbakır escort escort bayan Çanakkale Bursa Escort bayan Balıkesir escort aydın Escort Antalya Escort ankara bayan escort Adana Escort bayan

24.4 C
New York

Binance Announces Backing For Terra Luna Classic Network

Published:

The world’s largest cryptocurrency network, Binance, announced today, Tuesday, September 12, that it will back the Terra Luna Classic network upgrade that will occur at the Terra Classic block height of 14,514,000 or approximately at 2023-09-12 14 15 (UTC) according to the countdown.

To create remarkable changes to the Terra Luna Classic chain, Binance publicly declared its support for the Terra Luna Classic v2.2.1 core upgrade sent by the L1TF (L1 Terra Classic Task Force) developer.

READ ALSO:Selling Raw Foods in Nigeria, Everything You Must Know

In general, up to 50 validators participated in the governance voting, but up to 49 voted in favor of the proposal.

The Terra Luna Classic community unanimously passed the proposal for the v2.2.1 core upgrade.

They include Allnodes, Interstellar, 1maxfee, Stakely, HappyCattyCrypto, and many more supporters.

Fast Facts

  • The v2.2.0 core upgrade comprises cosmos SDK upgrade, IBC-go to v6, and tender mint migration to CometBFT. In addition, the upgrade will enforce major changes passed via governance voting comprising splitting the burning tax to the distribution module.
  • Due to the upgrade, all deposits and withdrawals of tokens through the Terra Classic network will halt approximately beginning from 2023-09-12 13 15 UTC. That is 1 hour before the upgrade commences.
  • Binance will take care of every technical requirement that has to do with all users. Moreover, the trading tokens available on the LUNC (Terra Classic) wouldn’t be affected during the upgrade.
  • Immediately after Binance confirms that the upgrade has become stable, it will reopen the deposits and withdrawals of tokens through the Terra Classic network. Also, Binance will not alert users in a further announcement.

What’s Happening In Crypto Today?

At the time of this writing, the price of Bitcoin is at $26,088.11, with an increase in market cap by 1.93% and an increase in trading volume by 99.91%.

On the side of Ethereum, its current price is at $1,609.24, with an increase in market cap by 1.46% and an increase in volume by 45.27%.

  • Meanwhile, Tether is presently trading at $0.9997, with an increase in market cap by 0.03% and an increase in trading volume by 58.03%.
  • BNB is selling at $212.48, with an increase in market cap by 2.58% and an increase in trading volume by 27.64%.
  • USD Coin is currently trading at $1.00, with a drop in market cap by 0.35% and an increase in trading volume by 79.71%.
  • XRP, on the other hand, is currently selling at $0.4796, with an increase in market cap by 1.96% and an increase in trading volume by 9.51%.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

Recent articles

spot_img