According to Solana, gaming, and NFTs make up the majority of South Korea’s activity. Recently, NFT trading and DeFi operations have increased on Solana. Web3 enterprises in South Korea will be supported by a $100 million investment and grant pool created by Solana Ventures and the Solana Foundation. By investing
An online payments company allows merchants to settle payments in stablecoin. This feature enables merchants to pay using USDC. The firm plans to add a wide range of digital-assets in future. The entire crypto community is aware of the recent market collapse while the stablecoin crash like UST has made
The bill does not address existing asset-backed stablecoins. Mitsubishi UFJ intends to launch its own stablecoin called Progmat Coin. On Friday Japan’s government implemented a legal framework for stablecoins that offering a safeguard for investors, following last month’s TerraUSD crackdown which led to multibillion-dollar losses. The collapse of algo-stablecoin TerraUSD
Terraform Labs plans to create a new blockchain named Terra 2.0. The airdrop of new LUNA tokens began on May 28th, 2022. Some of the most well-known cryptocurrency exchanges, including Binance, FTX, Crypto.com, Huobi, Bitfinex, Bybit, Gate io, Bitrue and Kucoin, have promised their support for a forked version of
The greatest downfall of the Terra ecosystem cast a ruinous effect on the crypto world. The crypto market was already crashing down due to soaring macro-inflation and the hyper-volatility of the fiat-based TradeFi. Terra (LUNA) and the network’s algo-stablecoin TerraUSD (UST) became the sufferers of a disastrous free-fall to their
Do Kwon’s Twitter is flooded with platform tweets that support airdrop. The listing of new Luna in those exchange portals remains unclear. Crypto exchange platforms have greeted the new Terra blockchain but the welcoming of Luna 2.0 is not quite common among them. Platforms like Bitrue, Huobi, Kucoin, gate.io, Bitget,
Terra Revival Plan gained past the threshold to proceed with the new Terra chain. Do Kwon puts efforts to list Luna 2.0 on major exchange platforms. The launching of Terra’s new blockchain is the talk of the town in cryptomarket. Every individual in the cryptoworld has focused on it, even
The recent rally of the largest cryptocurrency towards the $30k support level in the green zone raised speculations among investors. Bitcoin hit a high of $30,590 USD on Monday, relieving the panic since early May when the crypto market significantly began to crash. In case Bitcoin sustained or surged above
The transaction took place at 01:06:10 UTC on May 19, 2022. This testnet is considered an accurate representation of Ethereum’s mainnet. The Ropsten testnet Merge is scheduled to take place on June 8, a significant testing milestone for the Ethereum ecosystem. On Monday, Ethereum DevOps developer Parathi Jayanathi published a
Using Ethereum-based NFTs, the promotional video explains how they may be used. Like MetaMask, the wallet will allow storing private keys for crypto assets. Non-custodial cryptocurrency wallets for several blockchains are being developed by the popular trading platform Robinhood. Non-fungible tokens (NFTs) may be stored in the wallet, and it
