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Shiba Inu Army, Look Away: Survey Claims SHIB Will Be Worthless by 2030


  Fans of shiba inu (SHIB) will be dismayed to hear that fintech specialists say that the doggy-themed coin will be worth nothing at all in eight years’ time – with most opining that the time has come for Shib Army soldiers to ditch their coins...before it’s too late.... Read More: Shiba Inu Army...

Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’


  A plan to revive the Terra (LUNA) ecosystem by creating a new blockchain without an algorithmic stablecoin has been designated as “final” by Terraform Labs CEO and co-founder Do Kwon. By creating a new blockchain with its own native token, Do Kwon’s revival plan would airdrop the new token...

Smart Contract Platform Chain’s XCN Token Pumps and Dumps


  The little-known smart contract platform Chain (XCN) is attracting attention after its native XCN spiked in price and briefly leaped into the top 40 list of the most valuable cryptoassets by market capitalization. Shortly after, however, the token dumped in the market to trade at its lowest...

Bitcoin and Ethereum Hover Above Key Levels, EGLD and MIOTA Accelerate


  Bitcoin price remained well bid above the USD 29,000 level, formed a base, and jumped above USD 30,000. It is currently (11:46 UTC) showing positive signs near USD 30,400 and might gain pace if it clears USD 31,200. BTC is up around 1% in a day and a week.... Read More: Bitcoin and Ethereum...

Crypto Listing and Delisting Announcements: Week 20


  Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....

Coinbase Sued Over Collapsed Stablecoin, but It's Not UST (Yet)


  At a time when the third-largest stablecoin, terraUSD (UST) collapsed, a group of Coinbase’s clients are suing the crypto exchange over its alleged role in the promotion and trading of GYEN, another stablecoin the plaintiffs claim brought them millions of dollars in losses.... Read More:...

UST Competitor Maker Erases Weekly Gains


  The price of the stablecoin protocol Maker’s governance token MKR has erased all of its gains from this week, after spiking up by close to 90% on Wednesday. At the time of writing (12:18 UTC), MKR was trading at USD 1,117, down by 27% for the past 24 hours and down by 25% for the past...

Small-cap Stablecoins Struggle to Maintain Peg as Crypto Market Crashes


  Some smaller-cap stablecoins are struggling to maintain their targeted peg, which is mainly USD 1, amid a huge bloodbath in crypto that has wiped off billions from the market. The development follows a depeg seen by Terra (LUNA)'s decentralized stablecoin UST, which seems to have placed...

LUNA Dives Below USD 0.05, UST Trends Lower Despite New Rescue Plans


  The two most-discussed tokens this week - luna (LUNA) and terraUSD (UST) kept moving lower, despite the team behind these projects announcing "three more emergency actions" in an attempt to save the UST algorithmic stablecoin.... Read More: LUNA Dives Below USD 0.05, UST Trends Lower Despite...

Market Panic Puts Tether Peg Under Pressure


  A panic across the crypto market early Thursday morning in Europe put the stablecoin tether (USDT)’s US dollar peg under pressure, with the token trading as low as USD 0.91 on some exchanges. The crash has led some to wonder why arbitrage traders don’t seem to want “free money.”... Read More:...

Citadel Securities, BlackRock Claim They Had No Role in the UST Collapse


  Global market maker Citadel Securities and major asset manager BlackRock have denied involvement in the collapse of Terra's algorithmic stablecoin TerraUSD (UST). The assertions came after a conspiracy theory that alleged Citadel Securities and BlackRock made a coordinated attack on UST...

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