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Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
18.5.2022
The firm said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed
3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
18.5.2022
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow...
Kommunitas Schedules Hosting First INO With iSTEP
18.5.2022
Kommunitas announced that it would host the first INO with iSTEP on May 19, 2022. The minimum number of KOM required to participate in the process is 50,000. A total of three iBoxes will go on sale. Details for the same are depicted below. Particulars Includes Best For Average Speed Price Per...
Blockchain Gaming Developer N3TWORK Studios Closes $46M Funding Led by Griffin Gaming
18.5.2022
Blockchain gaming developer and publisher N3TWORK Studios has raised $46 million in a series A funding round to aid production of web 3 games Legendary: Heroes Unchained and Triumph
Why decentralized messaging apps will replace today’s social media platforms
18.5.2022
Centralized communication platforms prove to be an easily identifiable weakness in activist movements
Do Kwon’s Plan for New Terra Blockchain Becomes ‘Final’
18.5.2022
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...
Argo Blockchain Q1 Net Income Plunges 90% $2.1 Million
18.5.2022
Argo Blockchain (ARB) reported net income of £1.6 million ($2.1 million) in Q1, a drop of over 90% compared to the corresponding quarter a year earlier
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...
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...