While crypto markets staged a rebound Friday morning, the MakerDAO governance token, MKR, was up 30% as investors bet on its DAI stablecoin amid Terra’s ongoing collapse. Early Friday, MKR was t...
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Live Tech News Updates.
Fearing a de-peg, Whales Dump $710 Million Worth of Tether (USDT)
Whales have been actively dumping their USDT holdings on the market after the danger of a de-pegging, according to the most current statistics from Santiment. The price of USDT briefly fell to $0.97 y...
Cardano [ADA] holders should know this as they continue wrestling a ‘cold ice bath’
It might be Friday the 13th, but the real scare for many bulls probably came a day earlier, when Bitcoin dropped below $27,000. However, as Bitcoin hit $30k again and the top ten cryptos by market cap...
Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg ⋆ ZyCrypto
Advertisement     Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been maki...
Investors Make For Stablecoin Hills As USDT Volume Touches All-Time High
With the market in turmoil, crypto investors are beginning to turn to stablecoins such as USDT and USDC to provide cover from losses. These stablecoins which are pegged to the U.S. dollar have been th...
Bitfinex CTO plays down reports that Tether was in trouble
During a Twitter Spaces conversation on May 12, Bitfinex CTO Paolo Ardoino dismissed reports that Tether was in trouble. In the early hours of May 12, USDT had shown signs of de-pegging, as its price ...
Terra Community Must Revive Network, Do Kwon Urges
Key Takeaways Do Kwon has published a post on Terra’s governance forum presenting a plan to revive the network. Kwon has suggested issuing 1 billion new tokens for Terra community members. Kwon ...
Elon Musk temporarily suspends Twitter acquisition
Elon Musk temporarily suspends his $44 billion acquisition of Twitter, while waiting for some details. After his announcement on the social, Twitter’s shares fell 19%. Elon Musk and the temporary sus...
Amidst the Recovery Plan, Will Ever Terra(LUNA) Price Be Back on Track?
Terra’s UST losing its peg has created huge turbulence within the crypto space which destabilized many of the assets. However, a minor recovery with the LUNA or UST price was mistaken as a trend rever...
KICK.IO dives into their evolving roadmap!
The crypto world is as innovative and exciting as it’s fickle and dynamic. Understanding the market needs and keeping up with the latest trends and changes is crucial if we want to advance and reach n...
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
Sam Bankman-Fried, the billionaire founder and CEO of cryptocurrency exchange FTX, has acquired a substantial 7.6% stake in the popular online brokerage, Robinhood. The news was well-received by the ...
DOGE Collapses 30% as 250 Million Dogecoin Get Shifted to Robinhood
Yuri Molchan Dogecoin has faced 30% fall after seeing 90% collapse since Elon Musk-pumped all-time high Contents Anon whales shift 250 million DOGE, Robinhood receives half DOGE down 30%, minus 90% si...
Do Kwon’s Spouse Gets Strange Visitor, Requests Police Protection
The quick decline of Terraform Labs-backed project Terra (LUNA) has been the talk of the week with millions of investors around the world impacted. Local reports allege that affected investors are now...
Robinhood (HOOD) Stock Jumps 25% after CEO of FTX Buys 7.6% Stake
FTX CEO said that shares of Robinhood present an attractive investment opportunity. However, HOOD stock has been on a major decline over the last few months. On Thursday, May 12, Sam Bankman-Fried, CE...
Twitter Shares Drop 19% as Elon Musk Says $44B Acquisition Deal ‘Temporarily on Hold’
Twitter stock has plummeted more than 19% premarket after Elon Musk said that his $44 billion acquisition of the platform would be put “temporarily on hold.” “Twitter deal temporaril...
Symbiosis Integrates 1INCH to Enable Best Price Discovery
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...
1xBit Brings A New Hot Event
Sometimes it pays to leave your comfort zone and step into the Ice, and if possible, like the pure gold, let the burning furnace refine you. Why fear the Ice when the Fire can keep you warm? On 1xBit,...
The Shockwaves From Terra’s Abrupt Plunge ⋆ ZyCrypto
Advertisement     Algorithmic stablecoin TerraUSD (UST)’s drop from its US dollar peg sent shockwaves across the entire crypto market this week and ignited the dip in ...
HubCoin (HUB) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, May. 12, 2022 – LBank Exchange, a global digital asset trading platform, will list ENTERBUTTON (ENTC) on May 16, 2022. For all users of LBank Exchange, the ENTC/USDT trading pair...
Aurora launches $90M fund to finance DeFi apps on Near Protocol
Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApps) built on the Near protocol, has launched a token fund worth $90 million. The fund was launched today in ...
Why the Fed Will Go Back to Easy Money
But in 2009 and beyond, the Obama Administration was thrust into battle with a Republican-controlled Congress. The two sides searched, against all odds, for a bipartisan agreement to back fiscal spend...
CZ Binance: LUNA a Scam Project
Yep, it’s official, Terra (LUNA) is now into the history book of cryptocurrency. LUNA has died out a long back since yesterday. Currently, LUNA stands for a price of $0.00002712, with the graphs reach...
LUNA, UST re-listed on Binance – ‘there is progress’
Binance said it will relist LUNA/BUSD and UST/BUSD have been re-listed after being taken down early May 13. Following a historic week in crypto where UST de-pegged to 11 cents and LUNA lost 99.999% of...
Vitalik Buterin donates USDC to fight Covid-19
Ethereum co-founder Vitalik Buterin has decided to donate as much as $4 million in USD Coin (USDC) stablecoin to the University of New South Wales (UNSW), to help in the development of a technology to...
Introducing KyotoProtocol.io. How to help save the planet and earn money!
KyotoProtocol.io is the world’s first decentralised multilayer carbon credit finance protocol. The project’s technology improves the slow and outdated carbon credit industry by implementing a host of ...
Binance CZ Slams TerraForm Labs Poor “Handling” of UST/LUNA Crash
Changpeng Zhao (CZ), CEO of leading crypto exchange Binance has expressed disappointment at how the Terra (LUNA) project team has so far handled the price crash of its stablecoin, UST and its native t...
Hanoi Traders Fair 2022 | Coinspeaker
Place/Date: – May 12th, 2022 at 10:13 pm UTC · 1 min read Contact: FINEXPO, Source: Hanoi Traders Fair Hanoi Traders Fair is sponsored by leading brands such as Admiral Markets, Mohicans Markets...
UK YouTuber KSI’s $2.8 Million LUNA Investment is Virtually Worthless
Popular British YouTuber and rapper JJ Olatunji, commonly known as KSI, recently revealed that he has lost over $2.8 million in LUNA following the cryptocurrency’s freefall over the past few days. LUN...
The Journey So Far ⋆ ZyCrypto
Advertisement     KICK.IO has plans to bring new and innovative developments to the crypto space. In view of this, the Cardano-based project has made progress in its r...