Terra (LUNA) 2.0 relaunches according to Do Kwon’s revival plan
The Terra 2.0 mainnet (Phoenix-1) went live today as per the original timeline set by Terra developers and started producing blocks. Go to Source Powered by WPeMatico
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WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement
New partnerships, a mainnet upgrade and plans to launch a stablecoin appear to have triggered a 200% rally in WEMIX price. Go to Source Powered by WPeMatico
How Terra’s collapse will impact future stablecoin regulations
The collapse of algorithmic stablecoin UST created a ripple effect not just in the crypto market but among world regulators as well. Go to Source Powered by WPeMatico
Two key takeaways from Nansen’s UST stablecoin depeg report
Blockchain analysis firm Nansen identifies two major takeaways following Terra’s UST algorithmic stablecoin collapse. Go to Source Powered by WPeMatico
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said. Go to Source Powered by WPeMatico
A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens
According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan 2” has been amended and the final release of the new Terra Core codebase … Read more
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors. Go to Source Powered by WPeMatico
Ideas vs. practice: How are regulators working together on crypto?
While the calls for globally coordinated regulation for cryptocurrencies is a noble effort, the practicality of the situation is far from ideal. Go to Source Powered by WPeMatico
Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?
British regulators intend to amplify the enforcement of crypto and make stablecoins a payment method. Go to Source Powered by WPeMatico
Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
Officials from all over the world continue discussing the solutions for stablecoins’ risks Go to Source Powered by WPeMatico