Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents
As the market continues to mourn over losses on the Terra (LUNA) UST and LUNA debacle, DEI, a stablecoin used...
Month: May 2022
CBDC activity heats up, but few projects move beyond pilot stage
Government-issued electronic currency seems to be an idea whose time has come. “More than half of the world’s central banks...
FTX CEO Responds To Bitcoin Comments That Sparked Crypto Community Backlash
SBF said that Bitcoin doesn’t work as a payment network The comments drew scrutiny from major crypto proponents and other...
El Salvador Set To Host 44 Nations To Discuss Bitcoin And Its Future Prospects
El Salvador’s president Nayib Bukele has announced that 44 nations are coming together in El Salvador to discuss Bitcoin. Apart from...
UK taxpayers can offset cryptocurrency losses with future gains
The cryptocurrency market has not been performing well in recent weeks following the collapse of Terra LUNA and UST. The...
Major Terra validator wants a new chain, opposes hard fork
The news of the Terra ecosystem crash has died down, but the losses are still being felt. The community is...
Vitalik Buterin urges Terra to compensate small UST holders first
Vitalik Buterin, the co-founder of the Ethereum network, has said that the Terra project should work closely with small holders...
Goldman Sachs and Barclays invest in UK-based crypto company
Goldman Sachs and Barclays, two of the largest financial institutions globally, have announced raising $70 million in a Series A...
DeFi TVL crashes as Terra collapse triggers investor fears
The cryptocurrency market performed poorly last week, with billions of dollars liquidated in a few weeks. Following the market crash,...
First 7-week losing streak in history ― 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week under $30,000 as the battle to save the market from fresh lows grinds on....
Luna Foundation Guard Declares Remaining Reserves and Suggests Compensation Plan For UST Holders
The Luna Foundation Guard, a non-profit organization that exists to support growth in the Terra ecosystem, has provided an update...
Luna Foundation Guard Advisor Breaks Silence on Terra’s Treasury’s Balance Reserves
Luna Foundation Guard advisor Remi Tetot offered a transparency update on the treasury’s balance reserves.He said that balance reserves are...
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible...
Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe
A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and...
Two Ethereum Rivals Are Primed To Break Out This Week, According to Top Crypto Analyst
A popular crypto strategist and trader says he’s keeping a close watch on two Ethereum challengers that he believes are...
