Log in/ Sign up

About LYX

LUKSO, the Blockchain for the new digital lifestyle is created by former Ethereum Developer Fabian Vogelsteller, author of ERC20 and ERC725, developer of web3.js and the Mist Browser.LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design and social media intersect. LUSKO focuses on bringing Blockchain to the masses, through its smart contract based blockchain, industry-involving standards processes and an innovative new direction of decentralized applications.

LUKSO (LYX) is a cryptocurrency launched in 2020. LYX has a current supply of 42.12M with 30.54M in circulation. The last known price of LYX is 1.90 USD and is -0.06210201582 over the last 24 hours. It is currently trading on active market(s) with $643,576.96 traded over the last 24 hours. More information can be found at https://lukso.network/.

Official Website

Social Media

LYX Price Statistics
LYX’s Price Today
24h Price Change
-$0.062102015823.16%
24h Volume
$643,576.9620.24%
24h Low / 24h High
$0 / $0
Volume / Market Cap
0.011081019235
Market Dominance
0.00%
Market Rank
#675
LYX Market Cap
Market Cap
$58.08M
Fully Diluted Market Cap
$80.10M
LYX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
LYX Supply
Circulating Supply
30.54M
Total Supply
42.12M
Max Supply
0
Updated Jan 13, 2025 5:37 pm
image
LYX
LUKSO
$1.90
$0.06210201582(-3.16%)
Mkt Cap $58.08M
There's nothing here for now
70-Year-Old Woman Loses All Her Life Saving After Her Crypto Wallet And Private Key Burn Up In Flames In the California Wildfire
70-Year-Old Woman Loses All Her Life Saving After Her Crypto Wallet And Private Key Burn Up In Flames In the California Wildfire
The glowing red sky from the fires that has devoured Southern California has taken everything from residents; homes, offices and memories. But a 70-year-old woman has lost more than her home; she had lost all her life savings after discovering that both her crypto wallet and private keys were both stored at home. Since no backup or recovery phrase was created, the woman is now locked out of her crypto assets. The 70-year-old woman's nephew took to social media to describe the family's plight, writing "Most of her savings were in crypto and she lost her wallet and seed phrase, and doesn't have backups. I feel sick. This is all she had." Sparked a conversation on crypto wallet protection This tragic event has highlighted how crucial it is to securely store both the wallet and private key separately. The private key serves as the gateway to a crypto wallet, and without it, there is no way to regain access to the funds. In this instance, the absence of a robust backup system has led to the permanent loss of her savings, highlighting a critical vulnerability that crypto holders must address. While this is a unfortunate event for the family, but it also acts as a precautionary tale for crypto owners to adopt secure storage practices. Experts have recommend keeping seed phrases offline and in multiple secure locations, with many advocating for storage solutions designed to withstand fire or water damage, such as metal backup plates. With the emergence of newer technologies, like seedless wallets and multi-signature systems, it also offers users with a more advanced and reliable way to safeguard their digital assets. Crypto companies also suffered losses from the fire But this 70-year-old woman is not the only person who have lost their valuable digital asset in this fire. Similarly, a few crypto companies in the city have also suffered severe losses after they found themselves in the pathway of the flames. Swan Bitcoin, which has employees based near Santa Monica, and blockchain infrastructure provider BlockDaemon, headquartered in Los Angeles, both reported significant losses, including the destruction of hardware wallets containing valuable cryptocurrency assets after their companies were unfortunately struck by the incoming fire. In the past, we would hardly associate natural disasters with digital assets. But this saga has proved otherwise, and that our digital assets can be vulnerable to fires as well if they are not properly protected. This incident serves as a wake-up call for cryptocurrency holders to reassess their approach to securing digital assets. The loss of funds in this case could have been mitigated with more effective backup strategies or the use of advanced wallet solutions. As natural disasters become increasingly common, crypto users must take proactive steps to protect their holdings against unforeseen events.
XingChi
Jan 13, 2025 4:33 pm

Frequently Asked Questions

  • Is LUKSO (LYX) a Good Investment?

    Here’s why you could consider diversifying your portfolio by adding $LYX to it:Unique NicheLUKSO focuses on revolutionizing the creative economy, specifically fashion, design, and social media. Its unique niche and potential to integrate blockchain into these industries could drive demand.Innovation in Creative Sectors LUKSO aims to bring innovation to the creative sectors by providing solutions for digital authenticity, which can address real-world problems in these industries.Investor OutlookA favorable investor outlook and interest among mainstream industries to adopt blockchain technology could support the value of LUKSO crypto. Such factors boost investor confidence in the market and key sectors, boosting LYX to USD price.

    Read More
  • What Is LUKSO Price Prediction?

    While we cannot provide a reliable LYX price prediction over any timeframe, the following factors could help you better understand the price action and volatility in the LUKSO cryptocurrency: Level of Adoption of LUKSO Network Adopting LUKSO's blockchain technology in real-world use cases, particularly in creative industries like fashion and design, can boost demand for LYX tokens and positively impact their price.Future Developments in the LUKSO RoadmapUpdates, improvements, and innovations in the LUKSO blockchain's technology can influence investor confidence and attract more users to the platform.Level of Competition Competition from other blockchain projects with similar goals can affect LUKSO's market position and, consequently, its token's price.Crypto Market Sentiment General trends in the cryptocurrency market, such as bull or bear markets, can impact LYX token prices alongside other digital assets.

    Read More
  • What Is LYX Token Used for?

    LYX is the native utility token of the LUKSO blockchain and serves the following functions: Pay Transaction Fees LYX tokens are used to pay for transaction fees on the LUKSO blockchain. Like other blockchain networks, users must spend LYX tokens when conducting transactions or interacting with smart contracts on the platform. These fees help secure and validate transactions.Other Functions LYX tokens have utility within the LUKSO platform. They can be used for a range of activities, including creating digital assets, interacting with decentralized applications (dApps), and participating in network governance.Own Digital Assets LYX tokens enable ownership of digital assets on the LUKSO blockchain. Users can represent real-world assets, such as fashion items, art, music, and more, as non-fungible tokens (NFTs) on the LUKSO network. LYX tokens are used to acquire and manage these NFTs, providing a secure and transparent way to establish ownership.Staking As a PoS network, LUKSO supports LYX staking. As an LYX holder, you can stake your tokens on the network and contribute to securing the LUKSO blockchain, earning rewards. Trade or HODL LYX Trade LUKSO coin against other cryptos on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell LYX, or hold it long-term if you believe in the future potential of the LUKSO project. Ensure that you make any new trading or investing decisions in the crypto market only after you do your own research.

    Read More
  • What Is the Difference Between LYX and LYXe?

    While LYXe and LYX represent the same underlying asset, they exist on different networks. LYXe is the token native to the Ethereum blockchain. It is an ERC-20 token and operates on the Ethereum network. LUKSO migrated its native token from the ERC-20 LYXe to LYX, which exists as the native token of the LUKSO mainnet.

    Read More
  • How to Stake LYX on LUKSO Mainnet

    You can stake LYX and serve as a validator on the Proof of Stake LUKSO blockchain. Here’s how: 1. Visit the LUKSO Staking Launchpad to get started and click the Become a validator button.2. Review the advisories and confirm your acceptance of the terms and conditions. 3. Choose your execution client (Erigon or Geth) and set up your validator node. 4. After installing the execution client, sync your data. 5. Submit your staking deposit. Remember, you can stake only up to 32 LYX on a single node.

    Read More
  • What is the all-time high price of LUKSO (LYX)?

    The all-time high of LYX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of LUKSO (LYX) is 0. The current price of LYX is down 0% from its all-time high.

    Read More
  • How much LUKSO (LYX) is there in circulation?

    As of , there is currently 30.54M LYX in circulation. LYX has a maximum supply of 0.

    Read More
  • What is the market cap of LUKSO (LYX)?

    The current market cap of LYX is 58.08M. It is calculated by multiplying the current supply of LYX by its real-time market price of 1.90.

    Read More
  • What is the all-time low price of LUKSO (LYX)?

    The all-time low of LYX was 0 , from which the coin is now up 0%. The all-time low price of LUKSO (LYX) is 0. The current price of LYX is up 0% from its all-time low.

    Read More
  • Is LUKSO (LYX) a good investment?

    LUKSO (LYX) has a market capitalization of $58.08M and is ranked #675 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze LUKSO (LYX) price trends and patterns to find the best time to purchase LYX.

    Read More