The post-apocalyptic city of Los Machines has become the hub of Play2Earn activity. After a sold-out IDO, Animoca Brands-backed Drunk Robots has partnered up with Infinity Force and 3 major guilds – h...
Category: Tech
Live Tech News Updates.
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...
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 ...