NFTs are moving into the mainstream, but this requires a streamlined and trustworthy experience for the general public’s mass adoption. Nonfungible tokens (NFTs) have been in the headlines for the…
The Terra 2.0 mainnet (Phoenix-1) went live today as per the original timeline set by Terra developers and started producing blocks. Do Kwon, the co-founder and CEO of Terraform Labs,…
Summary: Elon Musk has stated via Twitter that Tesla will now start accepting Dogecoin (DOGE) as a payment option for its merchandise. Elon Musk also announced that SpaceX would soon…
Quick take: The team at Waves (WAVES) has announced a DeFi revival plan meant to make its users whole and restore the full functioning of protocols in its ecosystem. The…
Summary: A report by Nansen has concluded that UST’s depegging was likely kickstarted by seven well-funded wallets within the Terra ecosystem. The wallets withdrew UST from Anchor on Terra, bridged…
DFI.Money (YFII) price took a dive by 70% on the 25th of May, its biggest drop this year. It has led YFII investors to speculate if more plunge is yet…
TerraUST’s crash was a wake-up call for many in the crypto ecosystem. The crash caused a whopping 280 billion dollars to disappear from the cryptocurrency market. Most now understand the…
The launch of the new LUNA mainnet comes as problems persist for other well-known altcoins. Bitcoin (BTC) analysts faced another day of frustration on May 28 as BTC/USD refused to…
The past week in DeFi saw Uniswap breach $1 trillion trading volume, while WEF 2022 saw Terra at the center of most crypto and DeFi discussions. The decentralized finance (DeFi)…
Will the potential long-term bear market of 2022 begin the push for increased privacy for people exchanging cryptocurrencies? The crypto market has been on a downward trajectory since the tail…
The network difficulty recorded a drop of 4.33% — falling from 31.251 trillion to 29.897 trillion on May 26, just two weeks after attaining its all-time high. The Bitcoin network…
Bitcoin Struggles above $28K as Breakout or Breakdown Is Imminent – May 28, 2022 Bitcoin (BTC) now consolidates above $28,000 as breakout or breakdown is imminent. For the past two…
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the country following the collapse of cryptocurrency terra (LUNA) and stablecoin…
A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This…
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce…
