Bill Ackman: Ponzies Like Terra Threaten Entire Crypto Ecosystem
According to the CEO of Pershing Square Capital Management Bill Ackman, Terra operated as a Ponzi scheme, and its crash could affect the entire crypto ecosystem.
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According to the CEO of Pershing Square Capital Management Bill Ackman, Terra operated as a Ponzi scheme, and its crash could affect the entire crypto ecosystem.
Using Getty Images’ extensive image portfolio, Candy Digital will create a variety of NFT products and collections.
Universal Music assured that the joint venture will commit to “quality content, utility and accessibility.” The duo said they would offer unique and secured NFT projects for artists and fans.
Robinhood has announced plans to launch a standalone custody DeFi wallet that will allow users to transact digital currencies and NFTs.
Fortis Digital Ventures’ new crypto investment fund will focus on companies involved in Web 3.0 that aim to solve real-world problems with better user experiences.
Mastercard biometric payment feature will first launch this week as a pilot in five St Marche supermarkets in São Paulo, Brazil. Later, the company will expand the program.
Elon Musk tagged the official Twitter handle of the US SEC to call their attention to the investigation suggestion.
Nansen will integrate Ape Board and its portfolio tracking features.
Home Depot says its Q1 2022 financial report suggests that consumers are still willing to spend money on home renovations and repairs.
China was previously the world’s greatest Bitcoin mining country, with more than 75% of the global BTC hash rate power in 2019. Following a series of crypto mining farm shutdowns throughout the country, the hash rate dropped to 0% in July and August 2021.
Coinbase has been showing interest in Web3. And for this reason, the platform has been keen on expanding its product offerings.
The collapse of Terra’s UST and LUNA coins has ignited a new fire and drive that is pushing a number of regulators beyond those from South Korea to rethink regulating the digital currency ecosystem.
The Metatheory funding will go towards the expansion of its “DuskBreakers” gaming franchise, and help offer players more gaming options.
Terra chief Do Kwon has proposed the idea of forking the Terra blockchain and distributing the new LUNA tokens among wallet holders, LUNA holders, developers, UST holders, etc.
According to the report, the sidewalk robot is powered by “Serve Robotics, a spin-off of delivery company Postmates,” which was acquired by Uber in 2020.