Whales' interest in Shiba Inu seems to be recovering as the token is back among the most-traded ones The second-largest meme token, Shiba Inu, has returned to the list of most-traded coins, according to a
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Despite 60% retrace, long-term holders are still in business Jurrien Timmer, global macro director at Fidelity provided many metrics on Bitcoin’s current place in the market and its potential for a reversal. According to Timmer,
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Dogecoin co-founder Billy Markus has slammed the cryptocurrency industry in a scathing tweet Dogecoin co-founder Billy Markus estimated that 95% of cryptocurrencies are “scams and garbage” in a recent tweet. Some users accused Markus of
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The Luna Foundation Guard (LFG), the non-profit overseeing the Terra ecosystem, said that it sold almost all of the $3.5 billion bitcoin it held in reserve “as a last ditch effort to defend the [UST] peg.” According to a
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Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank. 9,219 blocked bank accounts Iran’s
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The crypto news cycle over the last two weeks has largely been dominated by Terra (LUNA). The coin went from being one of the top ten most valuable crypto assets to ranking below 200. It
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The proposal is to have a new Terra (LUNA) chain and (old)Terra Classic (LUNC), with UST removed from the new chain. Terra would have to branch off to create a new warp to save it
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An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to
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Terraform Labs CEO and co-founder Do Kwon has announced forking the Terra network into a new chain. This latest addition proposes to fork the Terra chain into a new “Terra” with the “Luna” token while
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The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following the market crash, global financial regulators started proposing
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