Nansen Report shows that UST lost its peg due to the work of multiple large entities

? Want to work with us? CryptoSlate is hiring for a handful of positions! TerraUSD (UST) losing its $1 peg and falling to $0.03 and the crash of Terra (LUNA) to $0.0001372 were two events that shook t...

Tether’s USDT Shakes Off Depeg Scare With Polygon Launch

Key Takeaways Tether’s USDT has launched on Polygon. It comes after USDT’s market cap has fallen by $10 billion in response to the collapse of Terra’s UST. Regulators worldwide have ...

Everything Elon Musk Has Planned for Twitter

Since announcing his intention to take over Twitter in a $44 billion deal, Elon Musk has had plenty of time to elaborate on his ideas for transforming the platform. Cracking down on spam, increasing p...

6 Top Gainer Metaverse Cryptos Today

Metaverse is the new buzzword in the crypto world. Despite being in its nascent stage, its demand has increased exponentially owing to its huge potential in the future that could bring a revolution to...

Report On What Happened to TerraUSD (UST) Prior to Historic Collapse – Coinpedia – Fintech & Cryptocurreny News Media

The largest algorithmic stablecoin, TerraUSD (UST), suddenly disintegrated last week, sending shockwaves through the crypto markets. As UST fell considerably below its $1 peg, it put downward pressure...

Vitalik Buterin’s Take on Algorithmic Stablecoins Following Terra Fiasco

Vitalik recently shared his thoughts on the future of algorithmic stablecoins in the wake of TerraUSD’s failure. While he believes that skepticism and scrutiny of existing protocols is “highly welcome...

Cardano [ADA] celebrates this in silence as TVL bloodbath raises eyebrows

The Cardano community was already euphoric after the recent announcement of the Vasil Hard Fork launch date. But they now have another reason to celebrate as Cardano “reached another interoperability ...

Two Months After $600 Mln Hack, Ronin Network To Reopen Bridge

Ronin Network on Friday said the Network and the Ronin Bridge have successfully passed an internal and an external audit conducted by Verichains Lab. Interestingly, the Ronin Bridge may reopen in mid-...

Cardano TVL Sheds $205 Million Since Hitting All-Time High

Cardano TVL has spiraled downward the past few days mainly because of the intensified crypto market correction and decline in investor interest. To date, the crypto has plunged to $120.86 million. Wit...

Swinburne Uni brings Web3 firms to class

Australia’s Swinburne University of Technology has partnered with two financial technology firms which will provide its students exposure to the financial technology and cryptocurrency business world....

How to Prevent the Metaverse From Becoming a Nightmare

The metaverse has become a term associated with the future of the internet, evoking imagery of an interconnected web of virtual worlds, each guided by their own aesthetic, capabilities and set of rule...

Ripple Attorney Warns Elon Musk: ‘SEC Might See Dogecoin As Investment Contract Between Him And His Companies’

– Advertisement – Ripple (XRP) Attorney Cautions Elon Musk to Avoid SEC’s Trouble Via His Promotion of Dogecoin (DOGE). The development comes a few months after Musk announced that the pop...

Move-to-Earn App STEPN Hit Hard by China Ban

Key Takeaways STEPN has announced plans to cut access to users playing from mainland China. Starting Jul. 15, users playing from mainland Chinese IP addresses will have their GPS services cut, stoppin...

The different ways in which hackers attack Web3 games

Play-to-earn games, one of the biggest revolutions of Web3, are increasingly attracting hackers, who attempt to steal funds by attacking smart contracts.  Hackers and Web3 gaming: strengths and vulner...

Terra Governance Vote To Burn 1.3 Billion UST Receives Overwhelming Support

Terra’s revival continues as core developers got the approval to burn 1.3 billion UST from its community pool following a crucial governance vote. The 1.3 billion UST set to be burnt amounts to around...

gDEX Metaverse’s Discovery Zone Is Space to Explore for Gamers and Guilds

The gDEX metaverse platform has more ambitious plans than just the building of a gaming interface to synthesize all protocols in the metaverse. Play-to-Earn project gDEX Metaverse is making a pioneeri...

Dogecoin Spiked 15% as Elon Musk Says SpaceX Will Soon Accept it for Merch Payments

SpaceX CEO Elon Musk said the firm will soon accept Dogecoin as a form of payment. Previously, on similar occasions, Musk’s comments had driven the popular meme coin to surge in value within a short p...

7 Beaten-Up Tech Stocks That Could Be Bargains

Text size Meta Platforms’ advertising business has faced challenges from TikTok and Apple’s privacy changes. David Paul Morris/Bloomberg This year has been brutal for U.S. stocks, but that...

How to create algo stablecoins that don’t turn into Ponzis or collapse

Ethereum co-founder Vitalik Buterin has shared two thought experiments on how to evaluate whether an algorithmic (algo) stablecoin is sustainable. Buterin’s comments were sparked by the multi-billion ...

3 Up And Coming Cryptocurrencies You May Not Have Heard About

– Advertisement – Crypto investors are always on the hunt for new cryptocurrencies that may have the potential to become the new Bitcoin (BTC), Ethereum (ETH), or Cardano (ADA). This can b...

Top 3 Projects With Market Capitalization Under $10B: TRX, AVAX, and CRO

11 hours ago | 2 mins read Altcoin News AVAX has been down 11.61% in the last 24 hours. Avalanche can help smart contract-enabled applications surpass its rivals. Let us look at the top 3 projects wit...

Tether Enters Latin American Market with Mexican Peso-Backed Stablecoin

Tether has announced the launch of MXNT, a new type of a stablecoin backed by Mexico’s national currency, the peso. Initially, MXNT will be available on three main blockchains – Ethereum, Tron, and Po...

U.S. Bill Seeks to Ban Digital Yuan From App Stores

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China’s digital yuan on Thursday. The “Defending Americans from Authoritarian Dig...

Cardano SPO: Cexplorer.io [POOLS] – The Cryptonomist

This week’s guest on the Cardano SPO Column is a stake pool operated by the creator of ADApools.org, an explorer for stake pools: Cexplorer.io (formerly ADApools) [POOLS]. Last week’s guest was a stak...

10 Top NFTs Today as per Sales Volume- CoinMarketCap Rankings

The use of NFTs has continued to grow in popularity. In 2021 itself, NFTs made a net profit of more than $5 billion through token sales. As we speak, the NFT market is currently worth over $40 billion...

Gnox (GNOX) soars 52% during week one, PrimeXBT adds Binance (BNB) chain support

Despite the turbulent market conditions and the crypto prices biting the dust, developments and innovations in the blockchain space continue to rise. Crypto winter is often the best time for finding n...

Elliptic Announces Support for MimbleWimble on Litecoin

A week after Litecoin activated the long-anticipated MimbleWimble Extension Blocks (MWEB) upgrade, blockchain analytics firm, Elliptic announced adding support for the privacy feature of the cryptocur...

Hoskinsea Joins Forces With Pavia Land To Establish A Virtual Headquarters In The Metaverse

Advertisement &nbsp &nbsp Hoskinsea is pleased to announce that Pavia has been chosen as our virtual world. Pavia felt like an obvious choice for our first Hoskinsea HQ becaus...

US Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch

“I really see the potential for a digital dollar as being complementary to a more stable, efficient system that would include stablecoins and commercial bank money, so I really see them potentially en...

Elon Musk Confirms His SpaceX Merch to Accept Dogecoin Soon 

– Advertisement – The Tesla boss is planning to bolster the utility of DOGE by accepting the cryptocurrency as payment for SpaceX merchandise. Elon Musk, the CEO and founder of Tesla, has ...

Tether USDT Finally Launched in Polygon Chain

USDT gets launched upon the Polygon network. USDT is expected to soar high with a much greater market cap. Focus towards stablecoins high, amidst Terra UST Fails. The talks or even people rather notic...

Scammers looking to take advantage of LUNA 2.0 airdrop

? Want to work with us? CryptoSlate is hiring for a handful of positions! Blockchain analysis and security firm PeckShield issued an alert to warn the crypto community about scammers sending Wrapped L...