Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
The price of LUNA tokens slid 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the value of UST.
Shiba Inu Becomes Second-Most Held Cryptocurrency by Top-100 Ethereum Wallets
Shiba Inu (SHIB) has surpassed FTX Token (FTT) as the second-most held cryptocurrency after Ethereum (ETH) by the top-100 Ethereum wallet addresses. SHIB is the native asset of the Shiba…
Terra Proposes Token Burn and Increase in Pool Size to Stop UST Dilution
Terra believes that decreasing the amount of UST in circulation, while increasing the amount of available LUNA, is the easiest way to return the UST to a peg.
$1.2B liquidated in Ethereum futures but is selling pressure coming down?
The cryptocurrency market has made a giant bearish move for the first time since March 2020s COVID-19-related fall. The uncertainty in the market has spiked with stablecoins de-pegging. The latest…
Crypto Banking Platform BVNK Raises $40M to Drive Regulatory Push
BVNK, a banking and payments platform targeting businesses seeking crypto integration, has raised $40 million in Series A funding.
Binance Futures delists coin-margined LUNA perpetual contracts
Binance suspended withdrawals for LUNA and UST amid the UST stablecoin losing its peg to the U.S. dollar on Tuesday.
Cryptocurrency Solana Down More Than 4% Within 24 hours
Solana’s (CRYPTO: SOL) price has decreased 4.84% over the past 24 hours to $94.89, continuing its downward trend over the past week of -5.0%, moving from $100.4 to its current…
Ethereum Falls More Than 4% In 24 hours
Over the past 24 hours, Ethereum’s (CRYPTO: ETH) price has fallen 4.55% to $2,824.46. This continues its negative trend over the past week where it has experienced a 5.0% loss,…
CryptoPunk #6385 Just Sold For $214,658 In ETH
CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art. There are only 10,000 Punks in existence, and some of them are…
CryptoPunk #3927 Sold For 77 ETH
CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art. There are only 10,000 Punks in existence, and some of them are…