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A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens
26.5.2022
According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been...
Wormhole Bridge Expands to Cosmos Ecosystem
25.5.2022
The Jump-backed cross-chain connector will integrate with Injective, an EVM-compatible sidechain of Cosmos
Comdex Building DeFi Infrastructure Layer for the Cosmos Ecosystem
25.5.2022
Cosmos is a fast-rising Ethereum competitor, and Comdex is building the DeFi infrastructure layer for its growing ecosystem. Decentralized finance (DeFi) is defining the future of finance. While the space is experiencing a lull after the mania of 2020, Comdex is leveraging this opportunity to focus...
Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs
25.5.2022
Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster...
IQ Protocol Powering Gumball 3000 Ecosystem With Rental NFTs
24.5.2022
IQ Protocol recently announced a long-term partnership with Gumball 3000. Gumball 3000 will gain access to a feature-rich NFT rental marketplace with the collaboration. The entertainment group will also enter the NFT market with a vast value proposition. IQ Protocol gained over 12 million dollars...
Registration For The Upcoming VERSE Token By Bitcoin․com Is Now Open
24.5.2022
Registrations are now open for the VERSE token sale, which will begin in the later part of June 2022. Interested parties who register can participate in the token sale immediately upon launch. Miami, Florida – May 23rd, 2022 – VERSE is the rewards and utility token distributed...
Near Protocol picks up slack, onboards Tracer following Terra's downfall
23.5.2022
As explained by Near Foundation’s Nicky Chalabi, projects like Tracer seeks alignment with the core values of the ecosystem that can support the company’s roadmap in time to come
Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins
21.5.2022
Following the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second...
Hyperledger Foundation deploy new versions of three blockchain tools to enhance ecosystem
19.5.2022
Two of the releases are in their primary iteration, while the latter titled Iroha is a preview version of its second release
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
BNB Chain offers another lifeline to Terra ecosystem projects
19.5.2022
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol
Terra crash not a risk to the broader crypto ecosystem, says Huobi Global CEO
19.5.2022
Du Jun, CEO of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover
Tally Labs strive to expand decentralized content ecosystem with $12M funding
18.5.2022
The announcement of the firm's inaugural capital raise from prominent investors is set to propel the vision for the construction of decentralized content representing communities from across the NFT space
Terra Community Plans to Vote on Forking the Chain — Launch May Airdrop a Billion New Tokens to Network Participants
17.5.2022
Following the aftermath of Terra’s UST implosion, the blockchain project’s founder Do Kwon has been actively discussing the Terra ecosystem revival plans and one specific proposal will be voted on May 18. The plan is to fork the blockchain into a new chain that does not include...
Fireblocks introduces Web3 Engine with developer tools to accelerate ecosystem growth
17.5.2022
This suite of tools is designed for developers to build products and services in the DeFi, GameFi, and NFT spaces
Terra’s Tendermint Touch — Cosmos-Based Token Economy Hit Hard by LUNA’s Demise
17.5.2022
Since last week’s Terra implosion and the demise of the blockchain project’s native token LUNA — and the algorithmic stablecoin terrausd (UST) — crypto tokens based on the Cosmos ecosystem have seen significant losses. Two months ago, the top Cosmos ecosystem coins...
Luna Foundation Guard Discloses Usage of Bitcoin Reserves
17.5.2022
The Luna Foundation Guard, the entity in charge of safeguarding the peg of UST, the stablecoin of the Terra ecosystem, has revealed how it used the available Bitcoin reserve before the recent debacle involving the Terra ecosystem. The organization sold part of the bitcoins owned directly, while...
Do Kwon proposes Terra hard fork to save ecosystem
16.5.2022
Terraform Labs will put the proposal up for a governance vote on May 18 Asia time
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
15.5.2022
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s...
Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14
14.5.2022