Terra (LUNA)
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Cardano’s Djed Stablecoin Realizes 29.7M ADA in Reserve Backing
Djed issuance that began on Tuesday has realized reserve backing exceeding 600%. Scrutiny of the data shows over-collateralization of the…
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Market Share For Algorithmic Stablecoins Drops 10-Fold From ATH – Report
Despite the challenges faced by the stablecoin market as a whole, it is the algorithmic stablecoins that have experienced the…
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Cardano DEXs Set to Start Supporting Stablecoin Liquidity Pools in February
The Cardano community is closer to Djed’s stablecoin issuance ending weeks of hype. The overcollateralized stablecoin is listing on the…
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Terra’s Lead Developer Proposes Compensation for Investors Affected by the Tax Burn Activation
Terra Classic (LUNC) investors may be in for some good news, as head developer Edward Kim announces a proposal to…
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Creditor Protection: Troubled Crypto Lender Gets Additional Time
Crypto lending is one of the most exciting and innovative developments in today’s financial markets. However, as with any burgeoning…
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Why Tether Declined FTX’s Assist Request Before Its Bankruptcy Declaration – Report
The world of cryptocurrency and blockchain technology has been a source of remarkable success stories and painful crises in recent…
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Hodlnaut Creditors Dismiss Proposed Restructuring in Support for Liquidation
The Singaporean crypto lender Hodlnaut is mulling liquidation following creditors’ stance to dismiss the proposed restructuring of assets. The new…
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Binance Declares Backing For The Terra Classic (LUNC) Upgrade
Binance, one of the world’s leading cryptocurrency exchanges, has declared its backing for the Terra Classic (LUNC) upgrade. The upgrade…
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Crypto.com Announces 20% Layoffs to Navigate the Prolonged Crypto Winter
Crypto.com is set to reduce its headcount by 20%, citing the prevailing crypto winter. The firm indicated that the economic…
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Why Part of Our Portfolio Firms Pause Their Token Launches – Crypto VCs
A growing number of venture capitalists in the crypto industry have disclosed that half of their portfolio enterprises have suspended…
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A More Solid Footing Is Needed For Crypto, Says Hong Kong’s Financial Regulatory Authority
Christopher Hui – the secretary of Hong Kong’s Financial Services and the Treasury (FSTB) – is presently constructing a policy…
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Total Crypto Fund Raised In 2022 Drops By $16 Billion Compared To 2021
In comparison to 2021, 2022 saw a significant decrease in the amount of funds raised. This saw a 40% decline…
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Court Dismisses Class Action Lawsuit Against Terra Labs And Do Kwon
The lawsuit filed by Matthew Albright against Do Kwon and its associates in the Terra Luna crash has been dropped…
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FTX’s Collapse May Improve Investors’ Trust In Crypto Tech – Nomura Executive
Jez Mohideen, the CEO of Laser Digital, stated the massive influx of traditional financial firms would help to regulate the…
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Huobi Withdrawals Slows as Tron’s USDD Experiences Fresh Slip
Singapore-based crypto exchange, Huobi experienced a slower pace of withdrawals on January 8 though its stablecoin USDD’s prices slipped away…
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Why 2023 Is The Year To Buy Your First Crypto
Extra cash from your side-hustle or a Christmas bonus – the time is right to upgrade your investment portfolio with…
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