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Jump-Backed Wormhole Bridge Expands to Algorand Blockchain
17.5.2022
The cross-chain bridge is hoping to capture some of Algorand’s $136 million in DeFi TVL
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...
Purple Penguin Partners With Zone Six to Create Unique Games
17.5.2022
Purple Penguin and Zone Six have entered into a partnership agreement wherein Purple Penguin has gained access to the passion and skills of Zone Six. The aim is to create many metaverse-based games to bridge the gap between entertainment and social good. The partnership agreement takes their...
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...
A Person From the Philippines Earned $50 a Day in the Simple Children’s Game, Rock Paper Scissors
17.5.2022
The person won over $50 in 10 minutes in the simplest Blockchain game. The player, presumably a Filipino, registered in the crypto game Rock Paper Scissors under the nickname ManilaCity, won and withdraw $50 from the platform. In the Philippines, the average salary ranges from $98 to $290...
David Atkinson, a Blockchain Veteran, Has Joined the ‘Locus Chain’ Project as an Advisor
17.5.2022
The co-founder of 4 highly esteemed organizations, David Atkinson, has an excellent reputation for being a veteran in the Blockchain sphere as an ecosystem builder, economy designer, architect, and entrepreneur. He has contributed significantly to the improvements in Web 3.0. A framework...
Twitch co-founder raises $24M for Web3 gaming firm Metatheory
17.5.2022
The funding round led by Web3-focused venture capital firms will be used for upcoming nonfungible tokens, comics and a play-to-earn game slated for late 2022
China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
16.5.2022
An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article,...
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
16.5.2022
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens...
US and EU Look to Blockchain to Track Greenhouse Gas Emissions
16.5.2022
Polygon and others extend helping hand to Terra blockchain projects
16.5.2022
These efforts are sure to help get many Terra projects back on their feet following last week's devastating events
Elliptic’s Report Reveals Details About Terra’s BTC Treasury
16.5.2022
Elliptic, a well-known blockchain analytics and intelligence firm, released a report explaining the situation regarding Luna Foundation. The report highlighted how LFG’s Bitcoin stash was bought to collateralize the UST stablecoin. The project purchases around 80,000 Bitcoin in 2022 until...
Tezos Foundation Launches Fund to Collect NFT Creations by African and Asian Artists
16.5.2022
The Tezos Foundation recently said it has committed $1.23 million to a fund that will be used to collect non-fungible tokens (NFTs) created by African and Asian artists. Photographer Misan Harriman has been selected as the curator of the foundation’s permanent art collection. Supporting...
Tron DAO Reserve Acquires Millions in TRX, Bitcoin, and Tether to Safeguard USDD
16.5.2022
Seven days ago, Bitcoin.com News reported on the Tron DAO Reserve purchasing $38 million in tron to safeguard the network’s stablecoin USDD. Since then and since the terrausd (UST) de-pegging event, the Tron DAO Reserve has continued to purchase large quantities of digital assets to bolster...
Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini
15.5.2022
After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm...
How the Metaverse could impact the lives of kids
15.5.2022
The effects of social media on the mental health of kids and teens have been bad enough — will the Metaverse be a safe place for them?
2022, the Year Layer 2 Takes Off
15.5.2022
Will Harborne is the Founder and CEO of non-custodial exchange DeversiFi.
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This is a pivotal year for Ethereum layer 2 (L2) solutions. What happens over the coming months will be critical in making decentralized finance (DeFi) work better, faster, and more reliably for a far greater...
Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout
14.5.2022
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested protection from the Seongdong police in Seoul after...
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High
14.5.2022
Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an all-time high on May 02, at block height 734,577. Moreover, while bitcoin miners...
DeFi transforming lending routes on the blockchain
14.5.2022
Decentralized routes of lending and borrowing through smart contracts are allowing DeFi finally to overthrow the traditional finance sector