Many crypto giants including Binance CEO, CZ had earlier expressed their disapproval over the Terra forking plan. Do Kwon has however decided to take the lone path by putting forward a proposal for th...
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Dogecoin “Proof of Assets” to Arrive on Binance: Details
Tomiwabold Olajide Dogecoin remains one of the most used smart contracts among the top 1,000 BSC whales in the last 24 hours According to DogeDesigner, a UX/UI specialist and graphic designer at Dogec...
Fantom-based DEI Stablecoin Loses Peg to Dollar, Falls 34% in Last 7 Days
33 mins ago | 2 mins read Editors News The lack of liquidity was attributed in part to traders fleeing stablecoin pools. DEI’s price was $0.67 yesterday, down 31.9 percent in the last 24 hours. Stable...
Luna Foundation Guard Allegedly Gave Whales ($2.7 Billion) Exit Door Before Collapse
Following the cataclysmic meltdown of the Terra ecosystem last week, the Luna Foundation Guard (LFG) has been accused of bailing out UST whales with its bitcoin trove before the project came crashing ...
Traditional Finance is Getting Richer. DeFi Can Provide a Fairer World
Traditional finance is gloating as cryptocurrencies crash. But there’s so much more to cryptocurrencies and decentralized finance than just dips and highs. Here’s why the blockchain has the potential ...
After UST Depeging, NFTs Will Be The Next Most Demanded Area – Coinpedia – Fintech & Cryptocurreny News Media
The Non-Fungible Tokens (NFTs) have come a long way from the time when only celebrities used to create and sell for millions. But today NFTs have become a mode of the thing of their own. These NFTs ca...
Ripple Drops 42% in a Week, What’s Next?
Last week, Ripple closed a red candle of a whopping 42%. The bulls managed to fight back, pushing the price up at the end of the week. Will this be the end of the bearish sentiment in the short term, ...
This is how Polygon [MATIC] is benefiting from Terra’s [LUNA] $30 billion DeFi loss
As the Terra blockchain collapsed, it decided to eliminate a lot of apps, including Anchor, which was the largest DeFi protocol on the chain at a given point. However, the protocol is worth nothing at...
What’s happening to tech stocks is ‘kind of unheard of’ — and ‘we are not done,’ analyst says
The brutal rout in tech stocks has rattled even the most veteran of industry followers, who warned that the selling pressure may still get worse. “Right now we are seeing [tech] stocks trade at ...
Do Kwon Comes Up With Another Revival Plan
Terra founder Do Kwon on Monday proposed to fork the Terra chain into a new chain without the algorithmic stablecoin. The new Luna revival plan comes in the backdrop of stablecoin crash last week foll...
Jack Dorsey’s Square May Provide Liquidity for Lightning Network Payment Channels in Near Future
Yuri Molchan Twitter co-founder believes that PoW is “Holy Grail” for Bitcoin, says Square might ensure liquidity for Lightning Network payment channels In a discussion under a tweet by FT...
Top 3 Projects With Market Capitalization Under $10B as per CryptoDep
Avalanche has been down 6.05% in the last 24 hours. TRX were originally ERC-20-based tokens distributed on Ethereum. Let us look at the top 3 projects with a market cap under $10B as per CryptoDep. Av...
Reuters Events Announce C-Suite Attendance at Investment USA 2022
The flagship Reuters Events: Investment USA 2022(May 23-24, 2022, New York) will bring together leaders and changemakers from across the investment ecosystem to shed light on the future scenarios that...
Terra’s Fork, Terra Classic ($LUNC) : Do Kwon’s New Revival Plan To Save LUNA Foundation – Coinpedia – Fintech & Cryptocurreny News Media
Terraform Labs CEO and co-founder Do Kwon has announced forking the Terra network into a new chain. 3/ Currently, these key precepts underpin most schools of thought:– The #LUNAtic community is unpara...
With UST’s depegging ‘LUNA-cy’ out in the open, regulators begin to get jittery
“You get regulated!” “You get regulated!” “Everybody gets regulated!” The Terra LUNA crash that led to the bleeding cryptocurrency market of $830 billion in market value has led regulators to question...
New Tokens In Grayscale’s Investment Products
The Grayscale Bitcoin Trust (GBTC) on Monday announced the addition of five new tokens to its investment products. The new tokens have begun trading in the markets, taking Grayscale’s total number of ...
Polygon CEO Announces Support to Terra Projects For Migration to 0xPolygon
2 hours ago | 2 mins read Editors News Polygon PoS chains are available for Terra community initiatives as per Sandeep Nainwal. Talk of Terra’s recent downfall has been a topic of conversation. The cr...
Portugal to Begin Taxing Cryptocurrencies, says Finance Minister
Portugal’s Finance Minister Fernando Medina has confirmed plans to apply capital gains taxes on cryptocurrency profits. Though he has not committed to a specific date, he stressed that there can no lo...
Shiba Inu Closes Gap With Rival, Dogecoin, As Followers Surpass 3.33 Million
Shiba Inu and Dogecoin have been in one of the most bitter rivalries that the crypto space has ever seen. Not only do they compete in terms of returns but also in terms of community. Both digital asse...
Another Stablecoin Follows UST, DEI Price Drops
Last week saw chaos in the cryptocurrency market due to the unprecedented crash of Terra’s UST stablecoin and LUNA. The crash resulted in traders debating about the trustworthiness of stablecoins, the...
Kwon Proposes Forking Terra, Nixing UST Stablecoin in ‘Revival Plan 2’
In what may have marked the largest token collapse in crypto history, Terra’s $40 billion stablecoin juggernaut crashed last week. Terra’s UST stablecoin, which is supposed to stay “pegged” to the pri...
10 DAO tools you should familiarize yourself with
Decentralized Autonomous Organizations, or DAOs, provide a new way of organizing humans by utilizing blockchain technology. A DAO usually consists of people who come together around a common goal and ...
Kusama (KSM) Bounces by 35% Since May 12 Lows, Looks to Reclaim $110 Resistance Level
Kusama (KSM) has broken down from a long-term horizontal support level and is currently attempting to find a suitable level for a bottom. Kusama (KSM) Bounces By 35% Since May 12 Lows | Coin Of The We...
DOT May Fall Below $10 as Bears Resurface
Looking at the daily chart, we can see that the Polkadot price prediction is ready for a short-entry level near the $10.5 level. Polkadot Statistics Data: Polkadot price now – $10.83 Polkadot market c...
Ankr Booms by 2,000% To Become the Fastest Growing Infrastructure Company in the Web3 Space
One of the most significant accomplishments of the crypto space is the Decentralized Finance (DeFi) industry. With the help of smart contracts, developers have created a whole new world which brought ...
Near Protocol: A look at why recovery isn’t as ‘NEAR’ as it may seem
Founded by Alex Skidanov and Illia Polosukhin, NEAR Protocol prides itself as a development platform, with the concepts of sharding, proof-of-stake, and a layer-one blockchain designed for usability c...
Binance’s $1.6B LUNA Stash Now Worth $3000 — Do Kwon Finally Unveils Plan To Revive Terra ⋆ ZyCrypto
Advertisement     Terra’s cataclysmic meltdown has left an unsightly mark on the portfolios of holders of its tokens. This includes the world’s largest cryptocurrency ...
Key takeaways from BlockDown Croatia 2022
BlockDown Conference, in the beautiful Croatian city of Sibenik, covered topics from NFTs to DeFI, from gaming to DAOs and presented protocols from all blockchain spectrum: Ethereum, Polkadot, Cosmos ...
Do Kwon Says Terra Could Fork Into Two Blockchains
Key Takeaways Terraform Labs CEO Do Kwon has suggested forking Terra to create two blockchains: Terra and Terra Classic. The proposal is a response to TerraUSD’s (UST)’s recent failure; on...
Celsius CEO Issues Warning, Says Not All Stablecoins Are Created Equal – Here’s Why
Celsius Network CEO Alex Mashinsky says that crypto market participants should be aware that not all stablecoins are built the same. Stablecoins are crypto assets designed to have a relatively stable ...