A blog post from Shiba Inu gives an update on ecosystem developments per ‘Riyoshi’s Vision.’ Riyoshi is the project’s anonymous founder who claims to hold 0 $SHIB tokens, as doing so would affect his ...
Category: Tech
Live Tech News Updates.
As Terra’s Dollar Stablecoin UST Collapses, LUNA Falls 97% to Under $1
In what will surely be a historic week in stablecoin history, Terra’s LUNA, the currency that backs its dollar-pegged stablecoin UST, has slid beneath a dollar at the time of writing. No, we haven’t ...
Central Bank of Israel Considering CBDC – Coinpedia – Fintech & Cryptocurreny News Media
Recent research by the Bank of International Settlement revealed that nine out of ten central banks are working on the CBDC project, as digital currency projects are on the top priority list in the co...
Coinbase CEO Blames RBI for Botched India Launch Coinbase CEO Blames RBI for Informal Pressure for Botched India Launch
Coinbase Co-founder and CEO Brian Armstrong squarely blamed the Reserve Bank of India (RBI) for employing “informal pressure” and denying the Unified Payments Interface (UPI) services that led to Coin...
UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stab...
Cardano and XRP Beat Coinbase’s Whole Market Capitalization Following Earnings Report
Arman Shirinyan One of the biggest crypto companies in the world is now smaller than Cardano or XRP Following the revelation of the company’s performance in Q1, 2022, Coinbase’s stock drop...
Top 3 AMM Tokens by Market Capitalization as per CryptoDep
3 hours ago | 2 mins read Defi News Uniswap has been down 14.42% in the last 24 hours. PancakeSwap uses an automated market maker mechanism. Let us look at the top 3 AMM tokens by market capitalizatio...
New Bancor Update Gives DeFi Investors ‘100% Impermanent Loss Protection’
Bancor, an early decentralized finance (DeFi) protocol, announced that its much-anticipated protocol update, Bancor 3, is now out of beta and has launched on mainnet, bringing with it a host of new fe...
Haun Ventures Leads $11M Seed Round for Web3 Platform Highlight
Using Highlight’s toolkit, creators can tailor their community’s visual appearance to their preference and design and mint NFTs. Web3 community platform Highlight has successfully completed an $11 mil...
US Losing Lead in Web3 Development to Russia and India
The United States is losing overall market share in terms of Web3 developers, according to data from crypto venture capital firm Electric Capital. Since 2017, the absolute number of Web3 developers in...
Here Is Why Buy The Dip For Cardano Might Not Be An Option Now!
The cryptocurrency bloodbath has entered yet another day today as the majority of the cryptocurrencies have lost their value in the middle of volatility. Terra (LUNA) plunged below $1 while Bitcoin is...
Can Pacman Frog (PAC) Take Its Place Among the Most Valuable Coins Like Ripple (XRP) and TRON (TRX)?
Cryptocurrencies are all the rage right now, and for good reason. They offer a new way to invest and make money that is outside of the traditional system. While Bitcoin is the most well-known cryptocu...
South Korean Exchanges Warn LUNA Investors as UST Collapse Mirrors TITAN Saga
After a dramatic 90% market crash, LUNA, trading below $5, is now deemed a “cautionary item” by the popular South Korean cryptocurrency exchange UpBit. Investors are unnerved after the embattled crypt...
Cosmos: ATOM likely to see a bounce, but how high can it reach
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The trend across the altcoin market remained extremely bearish on ...
Terra (LUNA) Price Hits Record Low, Can Do Kwon Fix This?
The Terra (LUNA) price has fallen to an all-time low below $1, despite founder Do Kwon’s proposal to fix the UST peg. The token slumped 98% in the past 24 hours, with losses showing no signs of slowin...
ENCTR Launches Their Public Presale Whitelist on May 16, 2022
We’re incredibly excited to announce that the ENCTR project is launching a public presale on May 16, 2022. If you’ve been wanting to get involved with ENCTR this is your chance to get in at the floor ...
LUNA, UST postmortem: Was it a coordinated attack or a ponzi
Two days have passed since Terra’s UST got knocked off its dollar peg and it looks like any recovery attempts have failed. LUNA has turned out to be the unfortunate casualty of an unfortunate series o...
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Is it Possible to Recover Funds From a Cryptocurrency?
– Advertisement – Cryptocurrency is the digital platform to exchange, invest and save money. It has multiple investors who pursue the users to buy their stocks, cryptocurrency and financia...
Galaxy Digital Announces Stock Buyback
Key Takeaways Galaxy Digital Holdings Ltd. announced today a share repurchase program. The company’s board has approved the purchase of up to 10% of the outstanding shares. The stock price of th...
Terraform Labs CEO Do Kwon Outlines Terra’s Path Forward for LUNA, UST Stablecoin
Do Kwon, the founder and CEO of Terraform Labs, has broken his Twitter silence to reveal the Terra network’s next steps in the wake of this week’s crash. “I understand the last 72 ho...
Anchor Protocol (ANC) Reaches New All-Time Low After Sharp Fall
Anchor Protocol (ANC) broke down from a crucial support level on May 5 and reached a new all-time low price on May 11. ANC has been decreasing at a very fast pace since reaching a high of $6.20 on Mar...
5 Next Meme Coins to Explode May 2022
Meme coins have carved a niche for themselves in the crypto industry. These digital assets are known to be very susceptible to massive price swings, and daring investors love them for their ability to...
Terra (LUNA) Futures Sees $106 Million in Liquidations as UST Falls to $0.35
Even when the tokens sank yesterday, 58 percent of LUNA dealers were betting on higher values. Did you know that in January 2022, LUNA was trading at roughly a hundred times greater than it was the pr...
Oraichain Launches its Verifiable Random Function (VRF) solution for the Fantom Ecosystem
Decentralized AI-powered oracle service, Oraichain announced the availability of Verifiable Random Function (VRF) services on Fantom blockchain. The launch of VRF 2.0 aims to enhance the building of d...
Do Kwon Reveals Terra’s Proposed Rescue Plan to Save LUNA and UST
The outspoken Terraform Labs founder Do Kwon finally broke his silence and detailed the new rescue plan he has to re-peg the ecosystem’s flagship stablecoin, UST. In the latest Twitter thread, Kwon sa...
Shiba Inu: Bearish lingo or bingo? Here’s what’s in store for SHIB holders
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu is ranked #15 on CoinMarketCap after taking a 25% hit to...
ApeCoin Price Tumbles 25% Despite This Bullish Signal, What’s Next?
Ethereum whales quietly accumulated ApeCoin (APE) in the last 24 hours. But despite this, ApeCoin prices have plummeted nearly 25% in the last few hours. Notable Ethereum whales including “Sabo,” “Blu...