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South Korea to Launch a Crypto Regulatory Agency in Wake of LUNA Crash


  The South Korean government will step up the launch of a new regulatory body to police the crypto sector – and could fast-track its creation as a direct response to what it has dubbed the “terra (LUNA) incident.” In an exclusive article, Newspim reported that the body, to be named the Digital...

New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing


  The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded...

BSC Station Gets Ready for PyramidWalk Launch on June 9


The innovative move-to-earn project from PyramidWalk will be getting ready for a launch at BSC Station. Slated for June, BSC Station will roll out this project with an Initial DEX Offering (IDO) of 20,833,33 PYRA tokens. The launchpad will also offer its assistance to the project to jump-start...

PlanetQuest and Immutable X Launch Community Friendly NFT Planet Sale


PRESS RELEASE. In a radically different approach to handling an NFT sale, PlanetQuest, has just launched its community friendly Planet Sale at planetquest.io. The Cinematic Multiverse and Blockchain Game, backed by Hollywood and Gaming talent, top tier investors and a community of over 215.000...

Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions


The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...

A16z Launches $4.5 Billion Crypto Fund Focused on Web3 Opportunities


A16z, one of the most influential VC firms in the crypto field, has announced the launch of a new cryptocurrency fund to invest in the development of Web3 startups. This fourth crypto fund from the firm, which will launch with a budget of $4.5 billion dollars, is set to focus on several key fields...

U.S. Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch


Federal Reserve Vice Chair Lael Brainard said creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years. In a House Financial Services Committee hearing Thursday, Brainard also said a digital dollar probably shouldn't return interest to holders – a concern...

Terra Moves Closer to New Chain Launch, Secures Exchange Support


  The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the value of Terra is without a stablecoin have started to emerge.... Read More:...

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