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On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events and losses, the crypto economy felt this … Read more
A new exchange listing, mainnet launch and competitive token burn mechanism led to a sharp rally in Socios fan tokens. Go to Source Powered by WPeMatico
After an earthquake there are always aftershocks. The collapse of UST could be a sign that other stablecoins are also critically flawed. Go to Source Powered by WPeMatico
The five applications suggest the social media firm may use its namesake in a payments processing platform called Meta Pay. Go to Source Powered by WPeMatico
Ailing stock markets continue to impact crypto prices and technical analysis suggests BTC is at risk of falling below its recent $25,500 low. Go to Source Powered by WPeMatico
The blockchain firm Aave has launched the Lens Protocol, a social media project with applications built on the Polygon blockchain. Lens is similar to the social media platform Twitter but Lens profiles are linked to a non-fungible token (NFT) that can be ported into decentralized applications. Lens Protocol Is Live – Aave Founder Believes People … Read more
Despite the overwhelming approval of the proposal as of Wednesday, many Terra users on social media suggested the network burn its LUNA tokens. Go to Source Powered by WPeMatico
Shock earnings reports contributed to fresh market weakness, depriving Bitcoin and altcoins of any new gains. Go to Source Powered by WPeMatico
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview. Go to Source Powered by WPeMatico