Core Ignition Drop Claiming Guide

 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We

eToro to delist Cardano and Tron for U.S. customer over regulatory concerns





 eToro the social trading and multi-asset brokerage exchange has announced the delisting of Cardano (ADA) and Tron (TRX) trading for United States customers.

This was stated in a blog post that the halting would take effect  from December 26, 2021, while the staking of the tokens would end on December 31, 2021.

According to eToro, the decision is solely due to business-related reasons, citing the evolving crypto regulatory environment.

Still, U.S. users will be able to hold existing positions of ADA and TRX and those positions can be closed at any time with the assurance that they will pay out in USD. Users won't be forced to sell their positoins at this time, and eToro said it has no plans to force selling. because staking reward payouts for U.S. users will end after Jan. 15 2022, with the final rewards paid in USD.

Any holdings as a resuldt of the exchange's "Smart Portfolio," an automated portfolio, will be converted to open positions in the personal portfolio so the user can personally decide whether to hold or sell.

However, eToro will limit the selling of holdings in Q1 of 2022, according to its blog post. It plans to make its eToro Money crypto wallet, rolling out in 2022, compatible with the assets so that users can move their holdings there.

The blog post said the liming of sales won't happen for at least 30 days after offering support for redeeming ADA and TRX to the wallet. The wallet will continue to support the assets even after U.S. users can no longer sell their holding for USD.



Spread the news

Comments