What can other algorithmic stablecoins learn from Terra’s crash?
The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in...
Month: June 2022
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST
The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers,...
Central authorities have demonized privacy — Crypto projects must fight back
While a core tenet and source of pride among crypto projects, privacy has been demonized by those in power, including...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to...
New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies
American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards “tradable across...
Lithuanian Government Approves Stricter Crypto Regulations
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is...
Just Above $1 Trillion — Crypto Economy’s Value Slips Lower Than the Lows Recorded Last July
The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last...
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the...
NXTT’s New Roadmap Looks Set to Strike Through the Bear Market
Next Earth, the virtual replica of Earth and now the third-largest metaverse, has remained resilient amidst a brutal bear market...
The total crypto market cap drops under $1.2T, but data show traders are less inclined to sell
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is...
What are investment DAOs and how do they work?
Investment DAOs where crypto-rich buyers team together to back startups or make investments work based on governance rights enforced through...
Bitcoin and banking’s differing energy narratives are a matter of perspective
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under...
Centralized vs. decentralized digital networks: Key differences
Find out what differentiates centralized and decentralized digital networks—and which structure is right for your organization. Disadvantages of centralized and...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead.
