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Do Kwon Proposes Revival Plan for Terra Ecosystem

Do Kwon Proposes Revival Plan for Terra Ecosystem

Terra co-founder Do Kwon has unveiled a revival plan for the Terra community, which will involve abandoning the UST stablecoin entirely. Instead, he suggests that validators reset network ownership under a new token by forking

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Ethereum Whale Transactions Hit 4-Month High

Ethereum Whale Transactions Hit 4-Month High

Ethereum whales have registered a sharp uptick in activity in the past few days, making nearly 2,600 transactions worth over $1 million each yesterday alone. This is the highest number of such transaction activities in

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More Than 750,000 MATIC Have Been Burned Since Launch of Burn Mechanism

More Than 750,000 MATIC Have Been Burned Since Launch of Burn Mechanism

Total of 1,642,831 MATIC (1.6 million) have been burned so far According to stadium polygon, more than 750,000 MATICs have burned in the last three months. As seen on the Polygonburn website, a total of

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This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion

This Week’s Recap: UST’s Depeg and LUNA’s Demise, Crypto Markets Lose $500 Billion

It was the busiest week for many months, but, unfortunately, the end result was that $500 billion was wiped off the total cryptocurrency market capitalization. Terra’s ecosystem was at the forefront of all of this,

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‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps

‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps

Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd

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Shiba Inu’s LEASH Debuts on StealthEX, Enabling Swapping with More Than 400 Crypto Assets

Shiba Inu’s LEASH Debuts on StealthEX, Enabling Swapping with More Than 400 Crypto Assets

This allows the exchange of LEASH with any of the 400+ crypto assets supported by the platform This enables the swapping of LEASH with any of the more than 400 crypto assets supported by the

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Bitcoin price prediction: beware of a dead cat bounce

Bitcoin price prediction: beware of a dead cat bounce

The Bitcoin price is having a dead cat bounce after experiencing its worst crash this year. BTC is trading at $30,500, which is above this week’s low of $25,300. It is significantly lower than its

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Waves USDN Stablecoin De-Pegs But Now Trades at $0.93

Waves USDN Stablecoin De-Pegs But Now Trades at $0.93

This is not the first occurrence of the USDN's price slipping significantly from the dollar peg Neutrino USD (USDN), an algorithmic stablecoin that is part of the Waves blockchain ecosystem, fell below its peg to

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Binance CEO Explains How Terra Should Have Managed UST Situation

Binance CEO Explains How Terra Should Have Managed UST Situation

Binance CEO explains what should have been done to save the entire market The CEO of one of the largest cryptocurrency exchanges in the world offered his view on the UST situation and explained the suspension of

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Shiba Inu jumps 27% after getting listed on Rain, a top Middle East crypto exchange

Shiba Inu jumps 27% after getting listed on Rain, a top Middle East crypto exchange

Rain, a leading crypto exchange based in Bahrain Middle East, has listed Shiba Inu to expand its trading volume and adoption after two months of consideration. Rain was the first crypto exchange to be fully

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