Kwon could repurchase stablecoins by lending them back to himself. Do Kwon didn’t care that Anchor’s long-term survival was in jeopardy. According to the definition of Terra’s UST, it should have always been redeemable for one dollar. UST used an algorithm to maintain its peg instead of using a central
June 12, 2022 2 mins read
The OP Foundation is in the process of rescuing the 1 million OP delivered to Buterin. The corporation issued 20 million OP to the incorrect blockchain address. Optimism (OP) tokens that were stolen by a hacker last week have been returned, 17 million of them. The Optimism Collective DAO was
June 11, 2022 2 mins read
The Graph is down 5.68% in the last 24 hours. PARSIQ allows multiple networks to be utilized to trigger Smart Triggers. Let us look at the top 3 altcoins for June 2022. Theta (THETA) Theta (THETA) is a video streaming network powered by the blockchain. Users on the Theta mainnet
June 11, 2022 1 min read
MEXC, a global cryptocurrency exchange with a trading engine that can process 1.4 million transactions per second, has announced the support of direct USD deposits following the integration of SWIFT and Fedwire. According to a recent announcement, MEXC clients in North America and Europe can access the service through their
June 10, 2022 2 mins read
Mastercard said Thursday that it has partnered with numerous crypto asset providers to make it simpler for consumers to acquire and trade non-fungible tokens (NFTs) on its payment network. Mastercard is partnering with Immutable X, Candy Digital, The Sandbox, Mintable, Spring, Nifty Gateway, and Web3 infrastructure provider MoonPay to facilitate
June 10, 2022 2 mins read
The NFT space is being disrupted by a new player making waves within the industry. EGO.com, an up-and-coming Cardano NFT marketplace, is barely a few weeks old but is already turning the heads of major retail and institutional investors for its promise to facilitate a “Digital Renaissance” in art. Analysts
June 10, 2022 3 mins read
VeChain will have access to UFC’s official fighter ranking titles. This will increase VeChain’s visibility on numerous live broadcasts. A collaboration was declared between VeChain and the Ultimate Fighting Championship (UFC). One of the world’s most popular martial arts organizations, UFC, and the blockchain startup VeChain have agreed to a
June 10, 2022 1 min read
Blockchain development provides software solutions to clients using blockchain development technology. There are companies that offer blockchain solutions. These companies follow the right processes to develop a blockchain solution. They have the ability to develop sophisticated solutions and employ specialists at every stage of development. As per the requirements of
June 9, 2022 4 mins read
LBank Exchange, a global digital asset trading platform, will list Source Token (SRCX) on June 10, 2022. For all users of LBank Exchange, the SRCX/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on June 10, 2022. As a global DeFinTech firm, Source Protocol’s ecosystem has been
June 9, 2022 5 mins read
Gala is down 5.93% in the last 24 hours. Illuvium hopes to appeal to both casual gamers and diehard DeFi enthusiasts alike. Let us look at the top 3 altcoins for June 2022. Illuvium (ILV) The Ethereum blockchain powers Illuvium, an open-world fantasy war game. With various collecting and trading
June 8, 2022 1 min read