Luna Foundation Guard Loses 80,000 Bitcoin Worth Over $3B due to UST Crash
The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge.
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The Luna Foundation Guard saw its Bitcoin reserves take a massive hit following the UST stablecoin’s price plunge.
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.
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.
Calacanis wants at least a $250,000 financial commitment from interested investors, from which he will take an $18,000 fee.
Using the funds, Talos will expand its institutional-grade digital asset platform. The firm will also pursue further expansion into Europe and the Asia-Pacific region.
Coinbase experienced a substantial fall in stock price amid several macroeconomic factors that also affected US equities and crypto.
Crypto exchange Binance looks to legal and other action against fake company billboards advertising promos in Turkey.
According to a source, Elon Musk has no plans to lead Twitter for the long term after closing the $44 billion deal.
The move by Changpeng Zhao and the Binance exchange to fund Elon Musk’s visions for Twitter is a very ambitious one.
Binance is also seeking to be registered by the Swedish finance watchdog.
Blockchain protocol Algorand has been named the official partner of the Federation Internationale de Football Association (FIFA) as announced on Monday.
With the UK eagerly watching on, a strong debut could act as a springboard for adoption on an international scale.
Besides its listing of BUSD, the Coinbase exchange also announced its support for the Oasis Network through the listing of its ROSE token.
Many DeFi protocols built on top Layer-1 blockchains offer opportunities to lock up and “stake” tokens in exchange for yield.
Zhao stated that despite what many people think, the price of Bitcoin is less unstable when compared to Apple and Tesla.