Terra price gains 75% in February as $2.57B in LUNA tokens removed from supply

Terra (LUNA) emerged as one of the best performing financial assets in February, a month mired by geopolitical conflicts and their negative impacts on the crypto market. LUNA decouples from the crypto...

Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed

Under existing law, the Treasury secretary, in consultation with the Federal Reserve chairman, secretary of state, federal regulators and other agencies, has the power to impose such restrictions on t...

Over 1.6M BNB Removed In Binance’s First Quarterly Auto-Burn

Binance – the world’s largest crypto exchange – recently completed its 18th quarterly burn, marking its first quarterly auto-burn. The burn removed greater dollar-denominated value from the network th...

Grayscale Removed Bancor Network Token (BNT) and UMA Protocol From DeFi Fund

The world’s leading digital asset manager – Grayscale Investments – has readjusted its DeFi Fund. The firm rebalanced the financial product’s weightings with AMP (the native token of the Flexa payment...