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Raven Price Spiked Up 14% After a Recent Binance Announcement

M. Ali

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Ravencoin-Price-Pump

Ravencoin (RVN) had a good price pump after Binance exchange announced that it will be supporting the upcoming Ravencoin hardfork. RVN was gone around 14% up which is a decent pump in the cryptocurrency world. At the time of writing, Ravencoin price spiked from 0.00000346 Sat to 0.0000047 Sat within 30 minutes.

Ravencoin Price Spike on Binance Exchange

What is the new Ravencoin fork?

Ravencoin will be chaning its algorithms on October 1st to an updated version of X16R called X16Rv2. The new planned hardfork will prevent continued ASIC mining on the Ravencoin network, and to discourage future ASIC development of Ravencoin’s mining algorithm. This upgrade will make GPUs and FPGAs miners more than happy as they will be able to mine more Raven coins. Ravencoin users will have to upgrade their wallets to version 2.5.1 before Oct 1st

What is Ravencoin?

Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another. it is based currentlyon the X16R algorithm and was designed to be focused on the transfer of assets within the blockchain.

Ravencoin Price Chart in USD

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]

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Litewallet Integrates .crypto Domains to Simplify Transactions

Sying Tien

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Litewallet Integrates .crypto Domains to Simplify Transactions

The official Litecoin Wallet for Android, “Litewallet” will integrate .crypto blockchain domains. This will allow Litewallet’s users to send cryptocurrencies to human-readable addresses supported by .crypto domains [ex: my-name-is-here.crypto].

This was announced by Unstoppable Domains, a company building blockchain domain names.

The integration with the Litecoin Foundation coincides with Unstoppable Domains’ unveiling of their App Store feature. Within the App Store, Unstoppable Domains users can browse applications across a number of categories that are accessible with their domains. Additionally, developers will have the ability to promote their applications to domain owners — cementing Unstoppable Domains as an all-in-one hub for blockchain applications. Litewallet will be among the first applications featured within the Unstoppable Domains App Store.

LTC/USD Price Chart

About Litecoin Foundation:

The Litecoin Foundation is a non-profit organization registered in Singapore (Litecoin Foundation Ltd. UEN: 201709179W). Our mission is to advance Litecoin for the good of society by developing and promoting state-of-the-art blockchain technologies.

About Litewallet:

Litewallet was built by and maintained by the Litecoin Foundation. Developers interested in getting involved with future Litewallet development or other LF projects can contact the Foundation below.

About Unstoppable Domains:

Unstoppable Domains is a San Francisco-based company building domains on blockchains. The company is backed by Draper Associates and Boost VC and has received grants from the Ethereum Foundation and the Zilliqa Foundation.

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BNB’s Price Spiked Over 27% Amid Listing Bella Protocol

June G. Bauer

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Binance-BNB-Price-Spike

Binance’s coin (BNB) price spiked over 27% in the past couple of hours amid listing Bella Protocol (BEL) on Bianace’s LaunchPad. BNB holders will be able to earn and acquire new token rewards in return for staking BNB, BUSD, and ARPA tokens.

BNB coin volumes spiked and the price jumped from $18.49 to $23.59 within few hours.

BNB Price Spike

BNB coin holders will be able farm BEL tokens over 30 days, starting on September 9th. Binance will then list BEL on September 16th and open trading for BEL/BTC, BEL/BNB, BEL/BUSD, and BEL/USDT trading pairs.

Bella Protocol is a user-friendly Decentralized finance (DeFi) and also an asset management platform with very low transaction fees. They claim that these initiatives will offer a more seamless user experience for DeFi investors.

BEL is an ERC20 token and is the governance token in the Bella ecosystem. The total supply of $BEL is 100,000,000. BEL coin holders will be able to earn profit sharing, get fee discount, staking rewards, and voting power in the Bella ecosystem.

Bella Token Distribution

BNB/USD Price Chart

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Flare Network Will Airdrop Spark Tokens For Ripple Holders

M. Ali

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Ripple-XRP-Airdrop

Ripple-backed blockchain platform Flare Network will be distributing 45 Billion Spark tokens to all XRP holders of non-custodial wallets. The air drop is planned take place on December 12th this year.

The Flare’s native token Spark will be generated through a “utility fork” in XRP. XRP holders will receive Spark tokens in 1:1 ration. Meaning there will be 100 billion Spark token in total. while Spark works independently on the Flare Network, it still holds some relation with XRP.

Currently, only four cryptocurrency exchanges (Uphold, Bitrue, Gatehub and Anchorusd) will be supporting the upcoming airdrop. Large exchanges like Binance and Crypto.com have not released any official statements regarding the support of Spark airdrop.

The Flare Network will integrate the Ethereum Virtual Machine (EVM). This will allow the network to execute smart contracts on Ethereum using the XRP cryptocurrency via FXRP. For smart contracts, payments will happen in XRP through Interledger integrated into Flare. In this case, Spark will help to collateralize the FXRP. All the people using Spark and providing it as collateral will earn fees.

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