LUNA price breaks all the records and continues to bleed for the seventh straight day. LUNA started the session on a highly pessimistic note and nose dives to the never seen before levels opened lower...
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Terra founder Do Kwon shares plan to save the UST stablecoin peg
Do Kwon, CEO of Terraform Labs, has not accepted defeat. After an 18-hour wait in which Terra’s LUNA and TerraUSD (UST) endured a face-ripping freefall, Kwon has announced what he hopes will be ...
Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets
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Terra’s Do Kwon Finally Releases Recovery Plan for UST, Community Recalls “Lehman Brothers” Tragedy
Vladislav Sopov Here’s how Terra (LUNA) team is going to address collapse of TerraUSD (UST) stablecoin Contents Increase minting capacity would accelerate UST absorbing: Proposal Terra’s t...
VeChain Foundation Spent $4.1M in Q1 2022 as per Recent Report
9 hours ago | 2 mins read Altcoin News VeChain is a supply chain management-enhancing blockchain initiative. The Foundation’s first-quarter earnings are also missing from the report. It has been revea...
LUNA on Free Fall as Terra Co-founder Do Kwon Failed to Produce Recovery Plan
UST’s decline has prompted calls from the US government on the stablecoin regulation. Terra Network’s LUNA has dropped to under $5 following a 90% weekly plummet. The price action represents one of th...
Terra Erases 12 Months Bullish Gains with 94% Drop in Value
The Terra community is almost in disarray as the ecosystem’s two flagship tokens, including LUNA and UST are on a freefall amid the most bearish sentiment the blockchain protocol has ever seen. While ...
Bancor 3 Goes Live Partnering with Polygon, Synthetix, Yearn, Brave, Flexa, Nexus Mutual & 30+ DAOs
Bancor Network, the first AMM-enabled DeFi protocol, announced its latest upgrade, Bancor 3 is going live with support from top crypto partners. The decentralized finance (DeFi) liquidity protocol aim...
Recording Its Lowest Level Since January 2021
Bitcoin’s price has now broken well below $30,000, touching down to $28,228 just moments ago. That’s Bitcoin’s cheapest price since January 4th, 2021, retracing some of the gains made in its early bul...
ApeCoin [APE] to swing high or stumble even lower? Metrics have the answer
The market’s latest stumble left Bitcoin trading at $31,456.23 while Ether was changing hands at $2,367.80. Naturally, altcoins are having a difficult time at the moment, but some tokens that usually ...
Tron DAO Launches its “Terra Destroyer” Stablecoin on Multichain DEX
According to an official announcement, Tron DAO’s own $USDD is now available on Multichain DEX (formerly AnySwap) alongside PancakeSwap, Uniswap, Ellipsis and sunSwap, the first to have listed s...
Tron CEO Deposits 100M Tether (USDT) in Binance As Stablecoins Deposits to Exchanges Surge Amid Price Dip
– Advertisement – Many traders are taking advantage of the price dip to increase their cryptocurrency holdings. The cryptocurrency market has suffered tremendous losses since last week af...
Terra’s UST De-Pegging a ‘Brilliant’ Soros-Style Attack, Claims Analyst
Terra’s (LUNA) UST de-pegging from the U.S. Dollar was part of a ‘brilliant’ Soros-style stratagem that netted its perpetrator close to a billion dollars. So claims market analyst the Onchain Wizard, ...
Binance Taps Former Deputy US Attorney as its First Deputy General Counsel
Binance exchange has announced the appointment of Joshua Eaton as its Deputy General Counsel. The trading platform said Eaton is well-experienced he has served as a former Deputy U.S. Attorney in the ...
INVEST NOW IN THESE CRYPTOCURRENCIES TO BECOME A MILLIONAIRE: CALYX TOKEN (CLX), NEAR PROTOCOL (NEAR), AND COSMOS (ATOM)
Introduction Most people want to become financially stable, and to accomplish this goal they continue to uncover different methods. Many people consider the investment a great way to get financially ...
SHIB’s roadmap to price recovery looks dubious despite this major development
The Shiba Inu ecosystem has been experiencing regular network updates, courtesy of its developers. Just a few weeks after the conclusion of the first and second phase of land sale on the Shiba Metaver...
Terra’s Do Kwon Plans To Sacrifice LUNA To Support UST Peg
Terra founder Do Kwon on Wednesday outlined plans to support the flailing Terra blockchain. But his plan is likely to pressure LUNA prices further. Terra (LUNA) has registered a historic dump amid the...
Queen’s Speech 2022 Sparks UK’s Renewed Interest in Cryptocurrencies
The English Queen’s speech was read out in Parliament by Prince Charles and the country’s cryptocurrency ecosystem is bracing itself for monumental legislation in the coming months. The United Kingdom...
LUNA & UST Price Move Closer to “Zero”! What’s Next? – Coinpedia – Fintech & Cryptocurreny News Media
Do Kwon has advised LUNA investors to “stay strong” as the price approaches zero. Prices have plummeted since the UST stablecoin lost parity with the US dollar, hitting a new low this morning. LUNA, U...
Hong Kong Police Arrest 25-Year-Old Man For $191,000 Cryptocurrency Fraud
Hong Kong police have arrested a 24-year-old man for allegedly piloting a cryptocurrency scam sometime last week, the South China Morning Post reported Wednesday. 24-Year-Old Man Steals 191k in Crypt...
Controversial Dollar-Pegged Stablecoin UST Crashes 60% to 35 Cents
Dollar stablecoin UST plunged substantially on Wednesday to below 40 cents, as its sister token Luna also sank 80% to $5. UST, a stablecoin pegged to the value of the dollar, plummeted more than 60% t...
Jim Cramer Says It’s Time to Buy the Dip in Profitable Tech Stocks; Here Are 2 Names Analysts Like
Markets have well and truly changed direction from last year’s bullish trends. The downward shift has brought us a major selloff, and declines of 27% and more in the tech-heavy NASDAQ index. For inves...
Monero [XMR] traders must watch out for these key levels before entering calls
Following a 6-week long up-channel (white), Monero (XMR) predictably pivoted from its $283-ceiling. The past few weeks have now accounted for two bear runs, with renewed selling pressure pulling the a...
Coinbase CEO Clears Air Regarding Risk Of Bankruptcy
The chief executive of Coinbase, Brian Armstrong, has eased out concerns regarding bankruptcy in one of his tweets. He further allayed the fears of Coinbase users by stating that the company’s latest ...
Cardano Struggles Beneath $1, Will It Rest Above Its Crucial Support?
Price of Cardano (ADA) has been unstable following larger market trends. Bitcoin slid upto 20% over the past week and major altcoins followed through. Bitcoin’s revisit to levels that it hasn’t touche...
Indian central bank’s ‘informal pressure’ disrupted payments: Coinbase CEO
Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the most popular payment service in the region...
Panel of 36 Industry Experts In Recent Report Says Ripple Will Hit $2.55 By December 2022 Despite Recent Price Dip
– Advertisement – The financial experts make favorable XRP predictions despite the underperformance of the crypto market. The general cryptocurrency market has been on a downtrend since ...
Bank of Israel Moves a Step Closer to Introduce CBDC in the Country
3 hours ago | 2 mins read Altcoin News At the end of 2017, the Central Bank began considering the CBDC project. It did not perceive a risk of “erosion” to its banking system. The central Bank of Israe...
Shiba Inu gives update on new developments, including the SHI stablecoin
A blog post from Shiba Inu gives an update on ecosystem developments per ‘Riyoshi’s Vision.’ Riyoshi is the project’s anonymous founder who claims to hold 0 $SHIB tokens, as doing so would affect his ...
As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1
In what will surely be a historic week in stablecoin history, Terra’s LUNA, the currency that backs its dollar-pegged stablecoin UST, has slid beneath a dollar at the time of writing. No, we haven’t ...