• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Will Support ORN to LUMIA Swap and Rebranding

user avatar

by Giorgi Kostiuk

2 years ago

The cryptocurrency exchange Binance has announced its support for the Orion Protocol (ORN) mainnet swap and rebranding to Lumia (LUMIA).

Support for Swap and Rebranding

Binance will support the swap and rebranding process, including the dates and procedures. The official announcement states that on October 15th, Binance will delist all ORN trading pairs and pause deposits and withdrawals. Trading for the LUMIA/USDT pair will begin three days after the ORN delisting.

ORN Token Operations

Users can swap their ORN tokens to LUMIA on a 1:1 ratio. The total supply of Lumia will increase from 92.6 million to 238.9 million tokens. Binance will handle all technical changes in the token swap process, so customers do not need to take any action.

ORN Market Volatility

The rebranding announcement caused volatility in the ORN market. ORN’s price dropped sharply to $1.367 after rallying to $1.718 earlier.

Binance's announcement supporting the ORN to LUMIA swap and rebranding has triggered significant volatility in the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Coinbase Enhances User Experience with Smart Wallet Verification Upgrade

chest

Coinbase has launched a Smart Wallet verification upgrade aimed at simplifying multichain dApp access for users.

user avatarAyman Ben Youssef

Ethereum's Future Depends on Institutional Interest and Market Signals

chest

The future of Ethereum hinges on institutional interest and market signals as traders await proof of sustained demand.

user avatarTando Nkube

Ethereum Market Dynamics Amid ETF Launch Speculation

chest

Ethereum's market is showing signs of caution as traders become more selective ahead of potential ETF launches.

user avatarKofi Adjeman

Market Signals and Bitcoin's Recovery

chest

Bitcoin's recovery is supported by ETF inflows and a calmer derivatives market, but requires confirmation from spot demand.

user avatarNguyen Van Long

Kraken Expands Support for Arbitrum-based Stablecoins

chest

Kraken's recent update to support Arbitrum-based stablecoins marks a significant shift in the exchange's approach to Layer 2 networks, allowing for more efficient transactions and addressing high fees on Mainnet Ethereum.

user avatarSatoshi Nakamura

SEC Moves Towards Formal Crypto Regulation

chest

The SEC is moving towards formal rulemaking for cryptocurrency firms to provide clearer guidelines and reduce uncertainty in the industry.

user avatarJesper Sørensen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.