The Central Bank of Chile will delay issuing its central bank digital currency (CBDC), the digital peso, pending further research. Last Sept, the bank gave the green light to develop a centralized dig...
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Terra’s Rescue Plan: $1.4B UST Set To Burn, While 240 million LUNA Being Staked – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon’s first rescue plan included enlarging the base pool, burning UST, and staking LUNA, according to the Terra’s Twitter account. Terra feels that the downward pressure on UST’s peg is diluting L...
Symbiosis integrates 1inch to enable the best price discovery for cross-chain swaps
The multi-chain liquidity protocol Symbiosis has integrated the 1inch DEX aggregator to facilitate arbitrary asset swaps between EVM-compatible networks. The Symbiosis protocol manages stablecoin liqu...
Microstrategy In Red: Paper Loss Amounts To $330 Million
As a result of the recent cryptocurrency market fall, Michael Saylor’s company, MicroStrategy, now has an unrealized loss on its bitcoin assets. With approximately 130,000 BTC, the company is the larg...
Tether Makes $1 Bln Swap To Support The USDT Peg, Here’s How
Tether announced on Thursday it will coordinate with a third party to perform a chain swap for raising more than 1 billion USDT while keeping the total supply the same. Tether plans to use Tron TRC20 ...
Mangata Finance’s Polkadot-based Efficient, MEV-Free DEX Coming June 6th
Mangata Finance, the Polkadot-based DEX, is all set for launch on June 6th. Recently, it had a successful crowdloan that was closed in just under an hour that secured it a slot on Polkadot’s innovatio...
DOGE gets more love on Twitter and Ether gets more hate: Data analysis
Ether (ETH) has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin (DOGE) is the most liked. The findings emerged from a new report by ...
‘If I Dress Like a Disco Ball, Let Me’
Style is about, I think, creating space for other people, and going into the world as your whole self, and being expressive and being unapologetic about it. And I think there are a lot of people in cr...
Charles Hoskinson Explains How Djed’s USD Peg Is Stronger Than UST’s
Yuri Molchan Cardano founder believes that Djed stablecoin cannot lose its USD peg, unlike Terra’s UST; here’s why Charles Hoskinson, founder of IOHK and Cardano chain, has suggested an ex...
Cryptocurrency: Pyramid Scheme v.s Ponzi Scheme?
– Advertisement – Have you ever heard your friends or relatives say they fell for a Ponzi scheme? It can be traced back to the early 20th century; however, it still exists today. In fact, ...
Top 3 Projects With Market Value of $100 million to $250 million as per CryptoDep
4 hours ago | 2 mins read Altcoin News Ankr’s block validation method uses verification nodes. SKALE Network has been down 23.02% in the last 24 hours. Let us look at the top 3 projects with a market ...
Elon Musk Investigated by Two Separate Agencies Over Twitter Acquisition
The United States Securities and Exchange Commission (SEC) and Federal Trade Commission (FTC) are investigating Elon Musk over his stake in Twitter. The SEC is looking into the billionaire’s delay in ...
Tether dollar peg lost and found
Tether has a market capitalization of about $83 billion, compared to $50 billion for the second-largest, USDC. Tether’s peg has also been at risk these days, fluctuating between $0.95 and $1. Tether ...
Is Terra(LUNA) Dead? Can Investors Expect Any Ray of Hope?
The Crypto crash continues for the 4th consecutive day which is constantly extracting a billion of the market cap each day. While there is an extreme fear among the traders, as they keep extracting al...
Testnet Reputation = Mainnet Reputation: Get a Headstart With the Pollen Pre-Release
Over 5,000 portfolio managers are already building their reputation scores on testnet for a headstart once Pollen goes live. Here’s why you should join them and how: Pollen has reached a milestone thi...
Cardano, Dogecoin, Shiba Inu Price Analysis: 12 May
Post the ongoing bloodbath, the global market cap crashed all the way down to the $1.25T-mark at press time. As a result, Cardano, Dogecoin, and Shiba Inu found newer multi-month lows while their 4-ho...
Zignaly Introduces A Secure and Reliable Cross-Chain Token Bridge
The digital asset space is incredibly innovative, constantly finding new use cases and growing wildly in popularity over the last few years. However, some kinks still need to be ironed out to promote ...
Ether whales get busy as transactions hit highest point since January
Despite widespread losses being posted throughout the crypto market, Ether whales have been busy buying and selling Ether (ETH) at a rate not seen since January this year. According to data from Santi...
Shiba Inu Returns as One of Most Purchased Tokens as Whale Transactions Spike 68%
Tomiwabold Olajide These transactions surpass $100,000 transferred, according to IntoTheBlock According to IntoTheBlock data, Shiba Inu’s large transactions have increased by nearly 68% in the l...
Can You Get Scammed Through Cryptocurrency?
Scammers continuously track down better approaches to take your cash utilizing digital currency. An absolute indication of a trick is any individual who says you need to pay by digital money. Anybody ...
Binance Will delist $LUNA if price drops below $0.005.
Terra LUNA lies dead at $0.0121. Binance officially announces to delist LUNA. Crypto.com prohibits trade of LUNA temporarily. With the ongoing LUNA and UST crisis, the whole world is glued to their ey...
DeFi Exchange Curve Finance Tops $6.8B Daily Volume
Key Takeaways Daily trading volume on DeFi exchange Curve Finance has hit a new all-time high of $6.8 billion. Fears over USDT losing its dollar peg and the sharp decline in Bitcoin and Ethereum price...
Coinbase CEO Explains New Disclosure Filing, Says Company Has No Risk of Bankruptcy
Leading U.S. cryptocurrency exchange Coinbase recently released its earnings report for the first quarter of 2022, netting a total loss of about $430 million within the period. Coinbase New Disclosur...
Grocery Delivery Platform Instacart Seeks to Debut IPO in Near Future
Instacart has confidentially filed for an IPO, as the company looks to expand further. However, Instacart is yet to provide any details. Online personal shopping assistant Instacart recently filed for...
Here Is The Possible Reason For USDT’s Depegging!
While the crypto market is struck between Terra, and the UST crash, Tether, the third-largest cryptocurrency and one of the most liable stablecoin globally, has raised fear among the investors due to ...
FTX Token, Polkadot, Stellar Lumens Price Analysis: 12 May
The bloodbath continued on the charts as the altcoin market continued to plunge further south. FTX Token attempted to climb past the $30 mark but was unable to stay above this level. Polkadot simply s...
Is Tether (USDT) Following Terra’s UST In Losing Its Dollar Peg?
Tether (USDT), the world’s largest stablecoin, appears to be under extreme liquidation pressure amid the ongoing crypto crash. The token is down 4.8% to 0.9508- its lowest level since the 2017 crypto ...
Digital Arms & Hunter Token: NFTs Meet Online Firearms
Launched in 2020, Digital Arms is developing a very unique platform that opens a door for firearm enthusiasts, RPG first sight shooting lovers and crypto fans to a bold new world of NFT gaming. With D...