Elrond Network announced that it has completed an integration with cybersecurity firm AnChain.AI, improving compliance and enhancing fraud detection capabilities across Elrond’s product portfolio. The...
Category: Tech
Live Tech News Updates.
Do Kwon tweets out plan for rebuilding UST peg
Following on from the death spiral for UST and Luna, affecting the entire Terra ecosystem, Do Kwon has finally tweeted out a plan which he hopes will eventually return UST to its peg and bring much re...
Luna Nosedives Under $2, Loses 98% Of Its Value As TerraUST Struggles To Regain Its Dollar Peg
Do Kwon, co-founder and chief executive officer of Terraform Labs, poses in the company’s office in Seoul, South Korea, on Thursday, April 14, 2022. Photographer: Woohae Cho/Bloomberg © 2022 Blo...
SOL-mates might consider not giving up because here’s what awaiting Solana
As with the rest of the market, Solana fell terribly on 9 May and ended up reaching the same all-time high it was at in May 2021. However, the various ecosystem developments around Solana are trying t...
UST Woes Threaten The Trust Of Algorithmic Stablecoins ⋆ ZyCrypto
Advertisement     Terra’s UST, since its launch, has been the center of much attention as the crypto world remains divided on the feasibility of the initiative. With r...
Altcoins Revisit Historical Price Levels as the Bearish Run Continues to the Downside
May 11, 2022 at 11:11 // Price The cryptocurrencies reviewed here are the best performing cryptocurrencies over the past week. The largest cryptocurrency, Bitcoin, has fallen below the psychological p...
US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a “consistent federal framework” on stablecoins to address risks to financial stability. In a Tuesday hea...
Stake2earn Announces Adding Three More Networks for Its Clients –Agoric , Evmos And Nym
stake2earn, a decentralized staking provider, announced that Agoric, Evmos and NYM are being added to their list of supported networks. At the moment, people owning Agoric (BLD token), Evmos ( Evmos t...
Luna Foundation Guard Seeks Funding as UST Crashes From Peg Again
The Luna Foundation Guard (LFG) has been battling to shore up its beleaguered UST stablecoin, which has crashed from its dollar peg yet again. If a massive crypto market slump wasn’t bad enough, the w...
Microstrategy CEO seems to be contradicting his CFO
Panic spread on the MicroStrategy stock on Monday due to the statements of CFO Phong Le claiming that if the price of Bitcoin falls to $21,000, a margin call could be triggered. Microstrategy CFO put...
The Aussie Tech Billionaire Who Bet Big Against Coal, Making Enemies At Home And Admirers In The U.S.
AGL plans to keep its Loy Yang coal plant, pictured above, in Victoria, Australia, running until 2032. Photo by Carla Gottgens/Bloomberg Wearing blue jeans and a black pair of R.M. Williams boots, wit...
UK Prime Minister empowers regulators to seize more digital assets
The UK Prime Minister, Boris Johnson, is empowering regulators to fast-track the process of seizing cryptocurrencies. Johnson has introduced new legislation that focuses on the seizure of digital asse...
Algorithmic Stablecoins are Coming Under Scrutiny from Policy-Focused Intellectuals
Washington’s political intellectuals are now turning to CBDC’s topic and the stablecoin policy of US Capital. The President’s working group is focusing hard on making this a top priority legislative i...
Animoca Brands Partners with OliveX to Run Allowlist Campaign for Dustland Runner
Hong Kong-based Animoca Brands has announced a partnership with OliveX to run an allowlist campaign for Dustland Runner – the company’s move-to-earn game. As part of the campaign, users ca...
Terra (LUNA) Tumbles 95% Weekly, What Does it Mean for Do Kwon’s Multi-Million Dollar Bet?
As Terra ecosystem’s UST stablecoin untethered over the weekend, LUNA slipped frantically as well, losing approximately 95% of its value. The efforts to rescue UST continue as LFG – the entity that ac...
DeFi Protocol, Hyperdex’s Mainnet Goes Live! ⋆ ZyCrypto
Advertisement     Hyperdex, a decentralized exchange offering a full suite for DeFi users announces its mainnet has gone live. The mainnet introduces ‘cube’ strategie...
Cardano Is Deeply in the Oversold Region as It Holds Above $0.59
May 11, 2022 at 10:15 // Price The price of Cardano (ADA) has fallen to a low of $0.59 and has resumed consolidation above current support. Last week, the cryptocurrency fluctuated above the $0.59 sup...
Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight
With a few clicks, creators can customize the visual appearance of their community, deploy their own smart contracts on the Polygon blockchain, design and mint NFTs and then sell or distribute the tok...
Janet Yellen Says UST’s Collapse Illustrates Risks to Financial Stability
Alex Dovbnya Terra imbroglio has gone all the way to a congressional hearing During a congressional hearing organized by the Senate Banking, Housing and Urban Affairs Committee, U.S. Treasury Secretar...
Terra Death Spiral Hits $3 as Bailout Rumors Fade
Key Takeaways Terra’s LUNA token is down another 90% today. Efforts to restore UST’s dollar peg have severely impacted LUNA’s price. Terraform Labs CEO Do Kwon has addressed the community ...
U.S. Treasury Secretary Janet Yellen Calls for Stablecoin Regulation Amid UST Drama
Janet Yellen, the secretary of the United States Treasury, said on Tuesday that there is a need for stablecoin legislation, while noting that TerraUST (UST) is risky. Secretary Yellen Speaks On Stable...
Roblox Reports Disappointing Q1 2022 Results, RBLX Stock Tanks 10%
The pandemic-driven demand for Roblox has cooled down which has resulted in some pressure on its revenue stream. Roblox says its will explore opportunities in the “metaverse” theme. On Tuesday, May 10...
Coinbase Shares Plunge as Company Reports Q1 Losses of $430M
The exchange’s trading volumes fell around 44% between January and March as it reported worse than expected earnings for the period. Crypto markets were largely range-bound for Q1 with few opportuniti...
Dogecoin’s price slips back after a fakeout, what’s next for investors
Dogecoin’s price, unlike a lot of altcoins, seems to be holding above its support levels despite the nasty market crash since 5 May. The crash pushed DOGE inside its bullish setup, where it awaits a b...
Cipher Raises Year Hashrate View While Cutting Power Guidance
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Hyperdex (HYP) One-for-All DeFi Asset Management Platform Goes Live in Mainnet
Vladislav Sopov Hyperdex (HYP), a new-gen solution for portfolio management in DeFi segment, rolls out its three products in mainnet Contents Hyperdex launches in mainnet to unlock unmatched opportuni...
Shiba Inu Lead Developer Unveils CK1 Details, No One Guessed Right
– Advertisement – Shiba Inu finally unveils the meaning of the CK1 phrase that got everyone talking in the SHIB community a few days ago. Shiba Inu Announces Amazon’s Former Legal Consulta...