Blockchain news category covers the foundational technology powering the crypto world. Discover updates on scalability solutions, layer‑1 and layer‑2 protocols, decentralized apps (dApps), enterprise adoption, and how blockchain is reshaping sectors from finance to supply chain. A must‑read for understanding the infrastructure behind the headlines.
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.
The ECB would be stepping up its engagement with stakeholders for the progress of the project. Young people are expected to play a key role in the adoption of the digital euro.
Over the last two years, the company has invested over $500 million dollars into Celsius Mining to make crypto mining its other revenue-generating stream.
The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge.
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network.
The firm plans to establish an overseas entity that will be in charge of Issuing, managing, and investing the company’s own tokens, a move that suggests it now wants to adopt a robust game economy.
According to Dustin Teander, an analyst at digital asset data platform Messari, USDD is mechanistically similar to UST in terms of minting and price stability.
Binance CEO CZ says that there’s open to working with the Terra community but demanded more transparency on the recent events. “Minting, forking, don’t create value. Buying back, burning does, but requires funds,” he added.
Goldman Sachs’ digital asset head Matthew McDermott noted that the company is expanding its presence in tune with the rise in institutional demand for crypto.
Ethereum miners and mining pools continue to mint money despite strong price corrections. The Ethereum (ETH) hashrate has surged to new highs at the block height of 14,770,231.
It has become known that Terra has halted the blockchain for the second time in 24 hours.
Binance became the largest cryptocurrency exchange due in part to its high trading volume, and the delisting of LUNA may be a move that may be considered by other prominent trading platforms.