In the past, the crypto market has faced failures in the algorithmic stablecoins, the mechanism behind the stablecoins seems to be prominent in papers. Still, when it comes to executing them in the real-world, the hurdles are more challenging. Some examples to be remembered are Titan and Iron. The fundamental
May 24, 2022 4 mins read
Terra ecosystem is in halt from delegation at block height 7607789. The current price is $0.06853 which is 94% lower than ATH. Terra’s stablecoin UST attained it’s All Time Low (ATL) on May 13, the price was $0.04495199, as per CoinGecko. The stablecoin remains de-pegged from May 9th and has
May 23, 2022 2 mins read
The exchange platforms for accessing these coins are Binance and Kucoin. SPoS employment for Adaptive Sharding mechanism in EGLD. Listed below are the top 3 most visited coins during the past week, published by CryptoDep. Polkadot (DOT) The architecture behind Polkadot consists of three parts namely, Relay chain, Parachains, and
May 23, 2022 2 mins read
Segregation between centralized stablecoin and algorithm stablecoin. Stablecoins become harder to manage as they grow larger. Paolo Ardoino, CTO of Tether and Bitfinex, participated in a podcast by Reimagine, Web3 events & Media company,on May 17th, where he made few comments about stablecoins. Especially about Terra UST, the initiation behind
May 20, 2022 2 mins read
The well-known and most famous application of blockchain technology is digital money, specifically cryptocurrency, but there are a lot more advantages that can be accessed via revolutionary technical advancement. Blockchain technology is a connective among a large number of blocks that holds some information. Each block is linked with the
May 20, 2022 4 mins read
Twitter confirms that the Musk deal is on track for its employees. Musk claims that he thinks about Twitter only <5% time. Vijaya Gadde, Twitter’s top lawyer and head of policy, clarified to the twitter employees at an “all-hands” meeting that the deal with Elon musk is in process and
May 20, 2022 2 mins read
Panama, the transcontinental continent, passed the crypto bill on April 28 during their third debate but the conversion of the bill to law seems to face a hurdle. President Laurentino Cortizo, says he will decline to sign the law since cryptocurrency has loopholes for anti-social activities. Cortizo states: “I have
May 19, 2022 2 mins read
During the launch, LUNA will be airdropped in major app developers of Terra Classic. Terra 2.0 is believed to be “a chance to rise up anew from the ashes”. The Terra Builder Alliance (TBA) released the announcement about the new Blockchain Terra 2.0 for the Terra ecosystem on May 17th,
May 19, 2022 2 mins read
Tokens that have made notable gains this week are StreamCoin, MixMarvel, Pocket Network, InsurAce, and Adventure Gold. The base currency for all these token trading pairs was Tether USD (USDT). The top 5 tokens that had a good raise this week are listed below: StreamCoin (STRM) This is the governance
May 18, 2022 3 mins read
Crypto wallet to obtain all benefits of de-fi across platforms. Robinhood3 will be available for all by the end of the year. Vlad Tenev, Co-founder and CEO of Robinhood, screened the launch video at a Permissionless conference in Florida on May 17. Tenev believes that the new Robinhood3 wallet will
May 18, 2022 1 min read