According to Harrison, Terra’s issue points to the role of exchanges in investor protection such as screening out assets that appear illegitimate or lack transparency and long-term value.
In a push toward community-driven growth, Axie Infinity is launching a new Builders Program along with grants in AXS to build new gaming experiences for users.
PoolTogether has described the case as lacking merit and a test of the core values of DeFi communities.
Binance successfully completed the LUNA airdrop on Tuesday, however, there have been reports of some mismanagement in the token distribution.
The UK wants to avoid a problem like the recent TerraUSD collapse and is instituting a safeguard plan should stablecoins collapse.
Optimism has decided to airdrop 5% of its OP governance tokens to users. Additional airdrops shall come in Q2 2022.
Markus has also recently claimed that he does not invest in crypto anymore.
Experts’ prediction on BTC price suggests that the leading crypto may wallow below $32K for a while unless strong bullish action rescues it.
Strong surge in the DeFi activity and the development activity on the Cardano blockchain has further supported a rally in the ADA price.
LUNA 2 saw its price quickly jump to $11.33, anticipating Binance’s airdrop. However, the token price has since receded to around $8.26.
The Korean investigators are looking into the possibility of any intentional manipulation of the UST stablecoin price. After the Terra 2.0 launch, the team continues to face new challenges and hurdles.
Following the partnership with Binance, anyone can now use Binance Coin (BNB), Bitcoin (BTC), or Ethereum (ETH) to book rooms in The Manor Hotel by JA.
A Terra community member discovered a $90 million DeFi exploit on the Terra blockchain that was not known to the public for months.
While all other networks have lost the DeFi market share, Tron’s DeFi TVL has jumped 45% over the last amind the market crash.
The People’s Bank of China recognizes e-CNY as a potential tool to advance regional economies. Currently, Shenzhen is one of the three cities in China where residents pay municipal taxes and charges with the e-CNY.