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Live Tech News Updates.
The Attacker of UST Stablecoin Made Rich Profits, Here’s How
Since the beginning of the week, Terra’s UST stablecoin has seen a major crash de-pegging from the USD. At the same time, Terra’s native cryptocurrency LUNA has corrected by over 80% in the last four ...
Dogecoin Foundation Hiring Web Developer
Alex Dovbnya The Dogecoin Foundation is looking for a skilled web developer The Dogecoin Foundation, a non-profit behind the world’s top meme cryptocurrency, has announced that it is hiring a “skilled...
LUNA Crash to 1$! Proposal to fix UST is out, will LUNA recover soon?
Just a few weeks ago, traders were anticipating LUNA prices to break $100 again and continue soaring. In an unexpected turn of events, things got sour and LUNA collapsed to a current price of $1. This...
Rumors run riot as UST collapses amid Yellen report on stablecoins
Rumors are circulating online that Citadel Capital may be behind the UST crash as Janet Yellen announces a report on stablecoins. The hedge fund, which is well known for its involvement in the shortin...
Coinbase Execs Dismiss Talk of Robinhood Acquisition
In brief Coinbase executives blew off suggestions the company team up with Robinhood. On an earnings call, the company made clear it intends to stay the course in building for the long term. Coinbase ...
5 Next Cryptocurrency to Explode – May 2022 Week 2
The collapse in the price of terraUSD (UST) and luna (LUNA) has helped push the cryptocurrency market down further. Its total cap stands at $1.45 trillion, representing a fall of 5% in the past 24 hou...
Interoperability in cryptocurrencies. Why we need to focus on cross-chain functions
Imagine a world with poor train station connectivity. Where trains never stop at stations with multiple line access, and can only go from A to B. How long would your commute take? How many different t...
Stocks Rebound After Inflation Moderates Slightly, Giving Investors Hope That Prices May Have Peaked
Topline The stock market rallied on Wednesday even after consumer prices came in higher than expected, and although experts think inflation may have peaked, the Federal Reserve may still need to raise...
Here is What Happened to LUNA and Why the Price Can Continue Crashing
Terra Protocol and its ecosystem have been at the forefront of the cryptocurrency market for a few days now, and not without a reason. UST – the protocol’s algorithmic stablecoin – lost its peg and dr...
LUNA, Cardano, and Avalanche Price Analysis: 11 May
LUNA has fallen around 84% within 72 hours following the ruckus around the stablecoin UST. UST de-pegged from the dollar and fell below $1, as low as $0.65 before recovering to $0.94 and dropping towa...
Do Kwon Pledges to Rebuild UST (This Time With Collateral Backing)
Following a failed attempt to defend the peg for the TerraUSD (UST) stablecoin, TerraForm Labs CEO Do Kwon has finally admitted that it is now embarking on a plan to “rebuild UST.” Recall that a sleut...
“Terra’s Return to Form Will be a Sight to Behold,” Says Do Kwon As He Unveils UST and LUNA Recovery Plan ⋆ ZyCrypto
Advertisement     Drama in the Terra ecosystem has taken a turn for the worse as the LUNA price continued its third consecutive day of falling. Over the past 24 hours,...
LUNA Tanks Another 57% Slipping Under $20, Do Kown to Announce UST Recovery Plan
Things seem to be getting from bad to worse for the Terra ecosystem as the LUNA price continues its further correction. In the last 24-hours, LUNA lost another 57% and is currently trading at $16.71. ...
Is Cardano DEAD? Cardano price at $0.60, Buy NOW?
Cardano’s ADA token has fallen again as part of the overall market crash and is now priced around $0.60. Can the cryptocurrency be bought cheaply at the moment? Is Cardano worth buying or is Cardano d...
Luna Foundation Guard close to announcing recovery plan for TerraLuna, UST
Do Kwon has announced a recovery plan in the works for UST and, therefore, the Terra ecosystem. UST has lost its peg from the dollar, and its native token LUNA is down is down 90%, currently trading a...
Terra Nears Zero as Do Kwon Promises “Return to Form”
Key Takeaways Terraform Labs CEO has endorsed a governance proposal to save the Terra ecosystem. The proposal suggests accelerating LUNA minting to preserve UST’s peg. LUNA is trading around $1,...
Terra’s LUNA Plummets by 32% in One Hour
Terra Network’s LUNA price has continued to take a beating today as the Terra Network token plummeted 65% in 24 hours. In the last hour of trading alone, LUNA fell by 32%—from $22.96 to $16.95—b...
NFTs: early testing on Instagram
Following the announcement made three days ago of the upcoming implementation of NFTs on its social, Instagram has started the first test of the display options of non-fungible tokens within the famou...
Terra LUNA Under $1 as UST Still Unpegged
Terra (LUNA) has had a rough couple of days following the depegging of the UST stablecoin. The collapse of Terra LUNA has continued on Wednesday, with the token now dropping to below $1. Luna Crash – ...
As Terra’s UST Loses Its Dollar Peg, Concerns About USDT & USDC Stability Hype!
As the cryptocurrencies like Bitcoin, Ethereum among others are known for their steep volatility, there is another asset class called Stablecoin and this is known for its least volatility due to its p...
Elrond Network Integrates with Cybersecurity Firm AnChain.AI, Enhancing Compliance And Fraud Prevention
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...
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...