CoinTelegraph: Breaking: Do Kwon proposes Terra revival, including token redistribution plan
After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders.
After two days of silence, the Terra founder has issued a new governance proposal to keep the community alive and compensate token holders.
Traders are hopeful that Bitcoin can stage a relief rally within the $30,000 to $35,000 range, but selling at resistance could still keep BTC and altcoins in a strong bear trend.
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi application in terms of TVL size
Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren’t happy with the compensation.
Crypto-friendly content creator CryptoWendyO talks about how Bitcoin changed her life for the better, making her a successful influencer.
The “Revival Plan” involves redistributing network ownership to UST and LUNA token holders.
PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States of Mars
The worst is yet to come for Bitcoin price performance, multiple sources warn, despite the turmoil at Terra slowly passing.
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins.
Cryptocurrency markets were mostly in the green on Friday, as DOT was up by nearly 40%, moving away from an 18-month low. Although SOL, AVAX, and MATIC all rose by over 20%, it was SHIB that was one of the standout gainers in today’s session. Polkadot (DOT) DOT was one of today’s biggest gainers, as
Shares of many crypto-related stocks had been battered during the week.
Amid a recession and political paralysis, the Federal Reserve will have no choice but to revert to quantitative easing. What will that mean for cryptocurrencies like bitcoin?
Following a few days of carnage, the two leading crypto assets built on top of the Terra blockchain have plummeted to significant lows. LUNA has dropped to $0.00000100 per coin and the once-stable coin terrausd (UST) hit a low of $0.044 per unit. After temporarily halting the Terra blockchain and restarting it, the team has