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MakerDAO Co-Founder: MIM and UST are “Solid” Ponzi Schemes

MakerDAO Co-Founder: MIM and UST are “Solid” Ponzi Schemes

MIM and UST get roasted by MakerDAO creator MakerDAO co-founder Rune Christensen has called Terra’s strong UST and MIM Ponzi schemes that will not turn into anything as market conditions change. https://twitter.com/RuneKek/status/1478166276979793922?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1478166276979793922%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcryptosnewss.com%2Fmakerdao-co-founder-mim-and-ust-are-solid-ponzi-schemes%2F The developer noted that the

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Next Terra (LUNA), Solana (SOL)? This L1 Can Outperform in 2022

Next Terra (LUNA), Solana (SOL)? This L1 Can Outperform in 2022

Austin Barack, co-founder of heavyweight VC CoinFund, explains why he’s bullish on blockchain Fantom (FTM) Cryptocurrency veteran Austin Barack, researcher and principal of Coinfund blockchain-focused investment fund, shares his uber-bullish thesis on Fantom blockchain and

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ADALend dApp Goes Live on CardanoCube, Here’s What This Means

ADALend dApp Goes Live on CardanoCube, Here’s What This Means

ADALend, a pioneering decentralized lending protocol that leverages the Cardano blockchain (ADA) for instant loans, is now indexed by CardanoCube ADALend, one of the first protocols that harnesses Cardano (ADA) smart contracts for decentralized lending

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Samsung to Get Exposure to Cardano via New Partnership

Samsung to Get Exposure to Cardano via New Partnership

Samsung has partnered with Cardano Foundation partner Veritree in its land restoration efforts Tech giant Samsung will now have exposure to Cardano via its recent partnership with blockchain planting management system Veritree, according to a

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Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance

Defi TVL Jumps 12% Since Mid-December, Close to $25B in Bridges, Convex Gains on Curve’s Dominance

The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the

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DeFi Index (DEFIPERP) Approaches Crucial $3000 Resistance

DeFi Index (DEFIPERP) Approaches Crucial $3000 Resistance

The DeFi index (DEFIPERP) has been moving upwards for the entirety of December and could soon break out from a descending resistance line. On December 4th, DEFIPERP hit a low of $ 1,927 and rebounded considerably, creating

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China’s Digital Yuan Wallet App Now in iOS and Android App Stores

China’s Digital Yuan Wallet App Now in iOS and Android App Stores

China’s central bank has released its digital currency wallet app ahead of the Winter Olympics. The wallet app for the digital yuan, also known as e-CNY, can now be downloaded from the iOS and Android

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NVIDIA Strikes Deals With Metaverse Marketplaces. Distributes Free Copies of its Omniverse Software

NVIDIA Strikes Deals With Metaverse Marketplaces. Distributes Free Copies of its Omniverse Software

NVIDIA, the global manufacturer of graphics processing units and integrated circuit technologies for workstations, personal computers and mobile devices, wants to step up efforts to develop more products for the Metaverse. The metaverse is a

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Scam Alert: Someone Allegedly Impersonates Vitalik Buterin on Instagram, Pulling Off Crypto Scams

Scam Alert: Someone Allegedly Impersonates Vitalik Buterin on Instagram, Pulling Off Crypto Scams

Reddit user reported that person with over 640,000 Instagram followers impersonates Vitalik Buterin, defrauding their crypto followers Approximately five hours ago, a Reddit user going by the name Nwa1g published a post, claiming that s/he

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VCs Invested $30 Billion in Crypto Firms Last Year: More Than 400% Increase Compared to 2020

VCs Invested $30 Billion in Crypto Firms Last Year: More Than 400% Increase Compared to 2020

It’s not news that a growing number of private investors are looking to gain more exposure to cryptocurrencies, as the asset class has grown from its nascent state into a popular financial instrument. VC Investments

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