Tomiwabold Olajide Significant increase in supply puts additional selling pressure on LUNA, causing price decline Terra LUNA’s price has dipped further below the $0.01 level, reaching lows of $0...
Category: Tech
Live Tech News Updates.
Galaxy CEO NoWhere On Twitter Since Terra Crisis, Has Billionaire Mike Novogratz Lost Money In Luna’s Price Crash
Billionaire Mike Novogratz Loses Money In Luna’s Price Crash. Over the last week, Terra Luna and its sister Stablecoin UST have experienced a sharp market decline that is now described as a tot...
Justin Sun Promotes High-Yield, Terra-Inspired Stablecoin on Tron
In brief Terra’s stablecoin tokenomics led to the network’s collapse. Tron’s algorithmic stablecoin playbook looks strikingly similar. Tron blockchain creator Justin Sun announced vi...
Cardano SPO: Upstream [UPSTR] – The Cryptonomist
This week’s guest on the Cardano SPO Column is a stake pool with the aim to educate, and make people feel safe and secure when staking and with the end goal of donating 30% of all profits to charity: ...
XRP Keeps the Price Above $0.40
The Ripple price prediction shows that XRP is currently pushing higher with 2.25% gains as the coin manages to face the north. XRP/USD Market Key Levels: Resistance levels: $0.60, $0.65, $0.70 Support...
Cardano: Despite demand at $0.4, here’s why ADA’s path to recovery seems bleak
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. There have been some positive developments behind Cardano in the ...
MANA price Jumps 57%; Bulls Target $1.50 Next?
MANA price started the session on a lower note and touched the session’s high with high volume. The price is currently down 16% since the beginning of the week arising from the lows of $0.59. Investor...
BREAKING: Ripple Challenges SEC’s Attorney-Client Privilege Claims Over William Hinman’s Documents
– Advertisement – Ripple is still insisting that the SEC should be compelled to surrender the documents. Popular blockchain company Ripple has filed its much-anticipated response to the Se...
Do Kwon Resurfaces to Propose Clean Slate for Terra—Without UST Stablecoin
After a short absence from Twitter and social media, Terra co-creator Do Kwon emerged on Friday to propose an “ecosystem revival plan” for the network. In it, he suggests that UST is not c...
“Dogecoin Still Has Potential As Currency,” Says Elon Musk
On Friday, Tesla CEO Elon Musk took to Twitter, telling Dogecoin co-founder Billy Markus that the project has potential as a currency. “I enjoy that something stupid could also have utility and be suc...
Chainlink: How a ‘price discrepancy’ resulted in millions lost from DeFi protocols
Terra’s total value locked suffered a major fall, losing as much as $14 billion, amid the de-pegging fiasco resulting in reduced DeFi investor interest and a bearish market. The protocol lost around 7...
DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy
The seemingly endless freefall of Terra (LUNA) affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market c...
BitMEX Joins Binance and Other Exchanges, Removes Luna Perpetual Futures as Price Dives to $0
Arman Shirinyan BitMEX has joined an array of exchanges in Luna’s delisting process after the token drops even further One of the world’s leading cryptocurrency derivatives exchanges, BitM...
BREAKING: Ripple and SEC File Joint Motion to Request Time Extension in Ongoing Lawsuit
– Advertisement – Both the SEC and Ripple want Judge Sarah Netburn to extend the deadline for motions regarding attorney’s fees in line with Dr. Metz’s Supplemental Report. Ripple investor...
Customers sue Coinbase for promoting and trading the GYEN token
Coinbase customers have sued the exchange over the promotion and trading of GYEN, a stablecoin that crashed. A report unveiled this news earlier today, noting that the lawsuit targets both Coinbase an...
UK Government Set To Launch Their Own NFTs
NFTs have become big business over the past year or two. Non-fungible tokens allow artists to make a living from their artwork without huge followings, as well as giving creators the opportunity to of...
Dr. Avalanche, Mr. Terra, and the tale of Luna Foundation Guard Reserve
A week ago, Terra [LUNA] was just above $80 as investors bemoaned its faith. But at press time, the ex-top ten crypto was changing bloodstained hands at $0.00005687. Naturally, the shock of this fall ...
Do Kwon’s Roadmap For TerraUSD To Regain Its Peg As LUNA Tanks ⋆ ZyCrypto
Advertisement     Terra’s week from hell continues as its stablecoin remains far from the dollar peg while its native coin has slumped to zero. However, on Wednesday, ...
Ripple (XRP) Token Up 21% Ahead Of Update In SEC Case
Ripple (XRP) prices tracked a broader recovery in crypto markets, ahead of an update in the Securities and Exchange Commission (SEC) case. The token rose 21% ahead of a response from the organization ...
BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight
Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure. Data released on May 13 confirms that overnight, the...
Tether Has Cut Commercial Paper Holdings Backing Stablecoin by 50%: CTO
During a recent Twitter Spaces event discussing stablecoins and the recent crypto volatility, Tether CTO Paolo Ardoino said that the stablecoin provider had cut the amount of commercial paper backing ...
Curve TVL Sinks $14 Billion; No Longer DApp with Most Value Locked
Curve total value locked (TVL) fell steeply in the second week of May due to decreased investor interest in decentralized finance (DeFi). Curve was the decentralized application with the most value l...
Do Kwon Proposes Revival Plan for Terra Ecosystem
Terra co-founder Do Kwon has unveiled a revival plan for the Terra community, which will involve abandoning the UST stablecoin entirely. Instead, he suggests that validators reset network ownership un...
Uniswap: Analyzing why UNI remains an attractive bearish bet
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Uniswap is one of the largest decentralized exchanges with liquid...
Cardano’s IOHK Shares Growth Recap, ADA Drops to $0.40
Tomiwabold Olajide IOHK shares a long thread including information about various projects building on Cardano Cardano’s parent company, IOHK, has shared a growth recap for the Cardano ecosystem,...
BIG PLANS for Cardano: ADA Still Has 25X Potential, Here’s Why?
The post BIG PLANS for Cardano: ADA Still Has 25X Potential, Here’s Why? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide After a tumultuous couple of wee...
BitMEX Co-Founder Arthur Hayes Deserves More Than a Year in Prison
According to US prosecutors, the Co-Founder of the cryptocurrency exchange BitMEX – Arthur Hayes – should stay behind bars for more than 12 months because his company violated anti-money laundering la...
CZ Reveals Why He Shutdown LUNA And UST Trading On Binance
Changpeng Zhao, popularly referred to as CZ, is the founder and Chief Executive Officer of Binance. Speaking from his official Twitter handle, he revealed what prompted the decision to take LUNA and U...
Trust in stablecoins ‘infinitely more important’ than collateral
In light of recent market effects due to the collapse of the TerraUSD (UST) stablecoin, several questions should be answered about what makes a stablecoin usable as the crypto market expands. Co-found...