The RTFKT marked a significant momentum when it collaborated with NFT artist FEWECiOUS and sold $3.1 million in metaverse kicks.
Once the new service launches, MoneyGram platform will be using USD Coin (USDC) that the fintech company Circle and crypto exchange Coinbase jointly launched on the Stellar blockchain in order to quickly move value around the globe.
According to Dune Analytics, the game has over 580,000 users with 39,000 active users in the last 24 hours.
Terra launched LUNA 2.0 on schedule without the UST or any algorithmic stablecoin. LUNA however crashed within a day.
Following the crypto market sell-off that has been sustained in the past two months, the Doge price is down approximately 88.4 percent from its ATH.
A number of UST investors, such as VC firms, suggest that judicious moves prior to the price crash saved them from incurring heavy losses.
The two staking companies specified that that they would not support Terra 2.0 because of the network’s voting process.
The two leading cryptos, Bitcoin and Ethereum suffered the most with $122.6 million and $234.2 million in liquidation respectively.
Republican senators have highlighted a potential threat posed by the digital yuan and have proposed a bill to outlaw them from US app stores.
Tether sees a big opportunity in the Mexico market and said that its Peso-backed stablecoin will facilitate faster and low-cost transfers.
1inch Network has been making many moves to improve the platform’s utility. Recently, it unveiled a spot price aggregator to extract data about digital assets trading on decentralized exchanges.
The Terra governance system has voted to burn nearly 1.4 billion UST tokens from the project’s community pool and UST deployed for past liquidity incentives on Ethereum.
The lighter and more energy-efficient nature of Bitgesell marks a distinct difference from Bitcoin.
Ethereum is opening up its protocol for a wider enterprise application and it will need an appropriately scalable solution to achieve this.
A number of crypto exchanges have announced that they would support or probably list the new Terra on their platforms.