BlackRock joins stablecoin issuer Circle’s $400M funding round
Already being the primary asset manager of USDC cash reserves, BlackRock will now also be exploring capital market applications for the USDC stablecoin. Go to Source Powered by WPeMatico
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Terra price key support level breaks after 30% weekly drop — more pain for LUNA ahead?
Macro, technicals, and uncertainties concerning Terra’s LUNA-burning mechanism could push price further down in April. Go to Source Powered by WPeMatico
Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million
On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176 Million in Bitcoin for the UST Decentralized Forex Reserve … Read more
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis. Go to Source Powered by WPeMatico
xASTRO staking and upcoming ‘Terra wars’ send Astroport price to new highs
ASTRO price rallied to a new all-time high after the launch of xASTRO staking and traders’ expectation that the Terra ecosystem will soon wage its own version of the “Curve wars.” Go to Source Powered by WPeMatico
Near Protocol eyes a Terra-like price rally after new $350M funding raise
NEAR’s price could extend gains following the launch of a new algorithmic stablecoin USN. Go to Source Powered by WPeMatico
Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve
Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to … Read more
Terra buys $200M in AVAX for reserves as rival stablecoins emerge
The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. Go to Source Powered by WPeMatico
WAVES price crashes 50% in one week — watch these support levels next
The latest brutal selloff in WAVES leaves it below a key support level and at risk for more downside. Go to Source Powered by WPeMatico
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin Traded on Pancakeswap Exchange, Not Issued by Sberbank A crypto project called … Read more
