USN had been inadequately collateralized as per the NEAR Foundation. NEAR Protocol’s USN was an algorithmic stablecoin at launch but later switched. After exhibiting violent behaviors similar to those seen with TerraUSD, a cryptocurrency that dramatically crashed this year and cost investors billions of dollars, the NEAR Protocol stablecoin is
Stader Labs is a multi-chain liquid staking solution with a vision to empower 1Bn+ users to earn passive income through its staking infrastructure. Having launched on the erstwhile Terra in the November of 2021, Stader reached $1Bn+ in TVL with ~35000 wallets staking with it during its peak. The start-up
The Near Foundation has announced that Google Cloud will be supporting the Pagoda platform for Web3 startups. Thanks to a new agreement between Google Cloud and the Near Protocol. An announcement made on October 4 said that as a result of this relationship. Google Cloud will be able to provide
Tether USDT is now accessible on the 11th blockchain, the Near Protocol. When it first appeared in 2014, Tether was created on the Bitcoin (BTC) blockchain. Tether (USDT) has been released on the Near Protocol, marking the latest in Tether Operations Limited’s growing list of blockchain integrations. Tether said on
In only 31 seconds, the hackers lost their 5 Ethereum investment. No funds were compromised despite the hacking effort. Over the weekend, there was yet another effort to break into the Rainbow Bridge of Near Protocol. In a tweet yesterday, Aurora Labs CEO Alex Shevchenko said that the project had
Polkadot is an open-source, sharded multi-chain protocol. Terra has been up 3.82% in the last 24 hours. Let us look at the top 3 altcoins With Massive Potential in May 2022 Near Protocol (NEAR) As a community-run cloud computing platform, NEAR Protocol addresses some of the restrictions that have hampered
In the midst of the crypto market crash, several altcoins presented a bullish run. NEAR is one of the bullish tokens since the start of the year which performed well. The Near foundation gave an announcement that the platform has closed the $150 million fund on Thursday. Consequently, the fundraising
The crash in the crypto industry since the start of the new year has gathered disappointment for the traders and holders. The actions of the Federal Reserve seem to be the story behind the decline of the crypto market. As per the tightened regulations from the Federal Reserve have held
Top three crypto gainers of the day are RVN, ICP, and NEAR. Adoption and development of the crypto industry is surging at a fast rate. RVN’s price value soared nearly 25% within a day. In the midst of the bearish momentum of the crypto industry, some cryptocurrencies are experiencing a
NEAR protocol has reached its new all-time high (ATH) at $17.60. In a day NEAR Protocol (NEAR) price surged over 7% NEAR price gained from $15.01 to $16.29 in the last 24-hour. A layer-one blockchain developed as a community-run cloud computing platform and decentralized application (dAPP) is NEAR Protocol that
