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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
‘A Dark Day for Crypto’ — A Deep Dive Into the Obliterated Terra Token Ecosystem and Damaged Apps
13.5.2022
Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain...
Flow Blockchain Announces Fund for the Flow Ecosystem
12.5.2022
Flow Blockchain has dedicated $725 million towards the Flow Ecosystem Fund. The fund has been designed to boost growth and innovation across the Flow Community. The Flow Ecosystem Fund of $725 million is the largest joint commitment toward any blockchain ecosystem. The focus would be to enable...
Top Shot creator unveils $725M fund to support Flow ecosystem
11.5.2022
The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi, and content creator products on the NFT blockchain
Dapper Labs Debuts $725M Ecosystem Fund for Flow Blockchain Development
10.5.2022
A16z, Coatue and Union Square Ventures are all committing money
Bitcoin.com Secures $33.6 Million Through A Private Sale For Its New Ecosystem Token VERSE
9.5.2022
Bitcoin.com confirms the completion of a private sale round for its VERSE token. The team secured $33.6 million to bring its utility token to the broader bitcoin.com ecosystem. Numerous investors contributed to the round, including Digital Strategies, ViaBTC Capital, Redwood City Ventures, 4SV,...
LBank and Adanian Labs Kickstarts a ‘Crypto Accelerator Program’ in Kenya
8.5.2022
PRESS RELEASE. The blockchain ecosystem is growing exponentially. It has brought prosperity to most African countries by creating wealth for individuals and fast economic growth for their people. However, many believe that the region is yet to tap into its full potential, that is, leveraging...
Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale
5.5.2022
On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bitcoin.com’s growing infrastructure by providing a utility token that rewards users...
Opera browser enables direct access to BNB Chain-based DApp ecosystem
5.5.2022
New integration with BNB Chain allows Opera users to access decentralized apps, including DEXs like PancakeSwap, 1inch and BiSwap
GameFi-NFT, Monopoly Millionaire Game, Will Be Pre-Released on May 25
4.5.2022
PRESS RELEASE. The gaming ecosystem has been at the forefront of the NFT and other blockchain innovations’ adoption. However, despite the impact of the play-to-earn gaming model in driving blockchain adoption, it has been highly criticised due to most gaming projects’ models. It...
Transient Presents: SPLASH – Your Web3 Home of Prediction Pools
2.5.2022
Transient is thrilled to present to users Splash, a decentralised hub for prediction pools covering all possible outcomes across a huge range of industries and opportunities—featuring in the first version: Crypto, Esports and Sports—all powered by Transient’s ecosystem of smart contracts. Splash...
Artizen’s $ATNT Listed on MEXC Global Plus Other Updates
29.4.2022
PRESS RELEASE. Artizen is a metaverse specialised company based on blockchain technology. We are preparing metaverse services by integrating various contents through NFT Marketplaces, NFT Projects and more. Artizen’s unique ecosystem, which is transparent and safe, is provided by organically...
India’s Decision on Crypto Regulation Will Not Be Rushed, Says Finance Minister
29.4.2022
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she added. Finance Minister on Indian Crypto Regulation India’s finance...
Fireblocks expands institutional access to Terra's DeFi ecosystem
26.4.2022
Investors in the Fireblocks' Early Access Program put up close to $250 million into the Terra DeFi ecosystem within the first 72 hours of its integration going live
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
23.4.2022
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.”...
Broxus CEO Vlad Ponomarev on Everscale and Developing a Universal Bridge Mechanism
22.4.2022
Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique...