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Wednesday, 1 June 2022

LUNA 2.0 Doesn’t Seem Promising

LUNA 2.0

The recovery plan for LUNA, which is tagged LUNA 2.0, doesn’t seem to be very promising on its first day of launch. When Do Kwon announced the recovery plan for LUNA, which kickstarted on May 27, 2022, it was met with mixed reactions from various sectors of the cryptocurrency industry.

The recovery plan started with an airdrop for users of the LUNA ecosystem and was supported by various exchanges. These exchanges included Binance, which is currently the cryptocurrency exchange with the largest trading volume in the world.

LUNA has attempted to stage a comeback ...

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The Bank of Russia says it is "in principle, not opposed to" using cryptocurrency for international transactions

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One of Brazil’s Leading Real Estate Companies, Gafisa, Accepts Crypto as a Form of Payment

Cryptocurrency continues to gain worldwide acceptance as various companies begin to accept crypto as a form of payment. A Leading Brazilian real estate company, Gafisa, has already started accepting crypto for property sales in a similar development. According to Gafisa’s back rooms, “Bitcoin is ideal for real estate development businesses since it eliminates middlemen, a frequent practice in the property development market.”

In the recent news release announcing the acceptance of cryptocurrency, the company’s decision to accept bitcoin was based on the technology’s ability to generate new prospects for innovation in the financial sector. The company ...

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Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

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