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Anchor Protocol Got Exploited with Launch of Luna 2.0, User Makes “Free” $800,000

Anchor Protocol Got Exploited with Launch of Luna 2.0, User Makes “Free” $800,000

Lucky user makes almost $1 million because of simple exploit After the launch of Luna 2.0, some lucky users got “free” $800,000 thanks to the bug that occurred in the Anchor Protocol lending and borrowing

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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s position as the top defi

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Luna 2.0 Off to Rocky Start, Plunging More Than 70%

Luna 2.0 Off to Rocky Start, Plunging More Than 70%

Do Kwon predicts that Luna 2.0 will be bigger than the original project, which impoverished a huge number of investors The price of the new Luna token has crashed more than 70% since its launch,

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STEPN Set to Ban Mainland China Users in Compliance with Regulators

STEPN Set to Ban Mainland China Users in Compliance with Regulators

Well-known move-to-earn game STEPN announced on Thursday that it will stop offering IP and GPS-related services to users from mainland China, as required by the authorities. The new ban will come into effect on July

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Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals

Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals

Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted

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Cardano Has Potential to Become Scarce Asset Like Bitcoin: Community

Cardano Has Potential to Become Scarce Asset Like Bitcoin: Community

Cardano has the potential to become a scarce asset like Bitcoin According to “ADA Whale”, a gimbal A community-focused Twitter account, Cardano remains one of the few coins that comes close to Bitcoin’s distribution and

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Terra Launches New Blockchain After Turbulent Phase; This Is How Market Might React

Terra Launches New Blockchain After Turbulent Phase; This Is How Market Might React

Terra appears to be hopeful about success of this new chain According to Official Terra Twitter handle, “Block 1 of the brand new Terra blockchain was officially produced at 06:00 UTC on May 28, 2022.”

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Singapore Taking Slow Approach to Crypto Adoption; Won’t Become an ‘Overnight Crypto Hub’

Singapore Taking Slow Approach to Crypto Adoption; Won’t Become an ‘Overnight Crypto Hub’

Singapore has been seen as a favorable crypto destination until the country’s regulator’s started tightening the rules around virtual assets. But, despite facing competition from regions like Dubai, the authorities have stated that they will

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Terra 2.0 Is Now Live! Phoenix-1 Mainnet Activated, What’s Next For LUNC Price?

Terra 2.0 Is Now Live! Phoenix-1 Mainnet Activated, What’s Next For LUNC Price?

Terra 2.0’s official announcement is made by the Terra team. The team activates Terra 2.0 Phoenix-1 mainnet by generating the first block on the blockchain network. Further, the official announcement of Terra reads: “Block 1

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While Terra’s LUNA 2.0 Goes Live, Here Is Why Coinbase Decides To Stay Away

While Terra’s LUNA 2.0 Goes Live, Here Is Why Coinbase Decides To Stay Away

Following the majority of crypto exchanges’ support for the Luna 2.0 airdrop, Binance is the most supportive, Coinbase’s silence here is growing louder. Coinbase said trading in UST and WLUNA, an Ethereum token that represents

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