The price of Terra’s token LUNA was as $100 per 1 LUNA in April, but it crashed to near zero last week. TerraUSD (UST), Terra’s algorithmic stablecoin, lost its peg to the US dollar. This […]
Cryptocurrencies can lead to “dollarization” of a part of the economy and this could be against the country’s sovereign interest, the top officials of India’s central bank told a parliamentary committee on finance, according to […]
Solana total value locked (TVL) continued to plunge in the third week of May due to bearish trends in the market that have seen declining interest in decentralized finance (DeFi). Solana has been one of […]
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The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in […]
Marketing in the metaverse: Advertising in digital worlds is definitely on the radar for many marketers in 2022. Here’s why. In a survey conducted by analytics automation company Unsupervised, results have shown that times are […]
Industry analytics firm DappRadar has just released a report on the situation, and it doesn’t look pretty. On May 13, the firm reported that DeFi’s total value locked (TVL) is down more than 40% over […]
A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protected by Chinese law. The Court also deemed […]
Bitcoin was recently trading above $31,000, up nearly 6% over the past 24 hours and more than 16% from the $26,600 depths it sank to mid-Friday. “Bitcoin did indeed face downward pressure that saw it […]
Terra’s pricey Nationals sponsorship hasn’t made an impact on “Terra Club” workers and fans. Source link
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