Conspiracy Theories Abound as Terra Tries to Save UST
10.5.2022
TerraUSD (UST), an algorithmic stablecoin hosted by the Terra network and created by South Korea's Terraform Labs, has once again lost its dollar peg after a wave of sell-offs hit the crypto market.
The stablecoin, which is supposed to maintain a value of USD 1 by creating and destroying supply...
Bukele Showcases Bitcoin City Plans and ‘Buys the BTC Dip’ Amid Stark Warning
10.5.2022
After weeks of silence on all things bitcoin (BTC)-related, El Salvador’s outspoken President Nayib Bukele has taken to Twitter to announce that his government has bought USD 15.4m worth of BTC – and to showcase plans for Bitcoin City. However, voices of opposition are continuing to issue...
'Kwontitative easing' — BTC price hits $43K in UST as Terra empties $2.2B Bitcoin bag
10.5.2022
A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next
Nouriel Roubini oversees the development of tokenized dollar replacement
10.5.2022
Nouriel Roubini is helping develop a tokenized financial instrument aiming to act as an alternative to the U.S. dollar for major investors
Crypto Market Crash Leads to $1B in Liquidations, Majors Lose Pivotal Support
10.5.2022
Some 73% of all futures traders were long, or betting on a price rise
India Considers Imposing 28% GST on All Crypto Transactions: Report
10.5.2022
The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give...
Yoju
10.5.2022
YOJU online casino was introduced in 2020, and it’s one of the best crypto casinos in the industry. For all the players who are looking for top-notch gambling experience, Yoju Casino will be the right choice. The casino comes with … Continued
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Otherside NFTs fall below mint price while cheaper ETH sees sales volume boost
10.5.2022
Floor prices for some of the most popular NFT collections are slipping to their lowest levels in over a week, including the top-traded Otherdeed for Otherside Metaverse land
Commercial smart contract adoption next market driver: Mark Cuban
10.5.2022
“When businesses can use smart contracts to gain a competitive advantage, they will. The chains that realize this will survive,” according to Mark Cuban
Nigeria upgrades CBDC as crypto restrictions cripple fintech industry
10.5.2022
Nigeria’s central bank has upgraded its eNaira to steer the country away from crypto even after a UN report stated that restrictions on digital currencies are stifling the nation's fintech sector
Aloha Browser Paves the Way Towards Web3 With Recent HNS Integration
10.5.2022
PRESS RELEASE. Aloha Browser is paving the way towards a decentralized web with the recent Handshake (HNS) integration. Now websites with HNS names automatically resolve within the Aloha Browser without additional configuration. Aloha has always focused on privacy and security for its users and...
Binance Suspends LUNA and UST Token Withdrawals
10.5.2022
LUNA token down is 52% on-day while UST is trading at 76 cents