Altcoin News by Thebittimes.Com

Cryptocurrencies have been earmarked as a participant in the ongoing climate change issues. However, a new project is changing the narrative, and so far, it has raised $12 million. This article will explore the Impact Project platform and how to buy its IMPT token. Impact Project and Climate Change Bitcoin has been recognized as a groundbreaking solution to centralized fiat control. However, the methods of creating digital currency have come under intense criticism. For one, mining Bitcoin consumes more energy than some European nations on an annual calendar. The net negative of this is that cryptocurrencies generally contribute to an already volatile environmental condition. However, one project is currently changing the narrative: Impact Project. Impact Project is a blockchain that focuses on climate change issues. The platform launched in October 2022 on Ethereum’s new proof-of-stake (PoS) Beacon Chain. Given its laser focus on climate issues , analysts h...

Lucky Block, a major NFT competition and gaming platform, is in the news again following yet another token burn program. With the reduced circulating supply and a new community initiative, the platform’s token is set for another pump.   1% of LBLOCK Burned Earlier today, Lucky Block’s developers announced that they had completed another round of token burns. Per the announcement, 1% of the total LBLOCK tokens in circulation have been burned.   At the time of the transaction, 1 billion LBLOCK tokens worth $206,000 were burned. The entire transaction had a fee of just $0.13.  This token burn is part of a mechanism to promote a healthy tokenomic model for LBLOCK. Several prominent digital assets, including Shiba Inu (SHIB) and Terra Luna Classic (LUNC), have initiated token burns to foster deflationary models. As the laws of economics dictate, a digital asset becomes more valuable when it gets scarcer.  LBLOCK Price Movement...