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.
Azuki NFTs Creator to Refund Investors After Admitting to Multi-Million-Dollar ‘Rug Pulls’
Zagabond, the pseudonymous founder of the popular Azuki non-fungible token (NFT) collection, has promised to compensate investors who lost money after he abandoned three crypto projects that later turned out…
Australia’s Bitcoin, Ethereum ETFs debut with Lacklustre Interest
Following a delayed launch, Australia’s first crypto ETFs appeared on the Cboe Global Markets local exchange today, May 12th, Thursday. 21Shares Bitcoin ETF, Ethereum ETF, and Cosmos Purpose Bitcoin Access…
Australian Crypto ETF Listings Kick Off With Low Volumes Amid Crypto Correction
Three crypto ETFs went live in Australia as bitcoin struggles to turn the tide following a devastating move to the downside.
Crypto Market Panic Worsens As Tether (USDT) Loses Dollar-Peg
Market-wide panic ensued after Tether (CRYPTO: USDT) – the largest stablecoin by market cap – began losing its peg to the U.S. dollar. What Happened: According to data from Benzinga…
$LAY Token Sale Begins on May 13 With 4 Different Free Tokens
It was announced that $ARSW, $MUUU, $KGL, and $GALAX would be distributed to purchasers of $LAY in Starlay’s 2nd Token Sale, which will take place between May 13 at 11:00…
USDT-dollar peg wobbles as markets continue to struggle: Tether CTO weighs-in
LUNA/UST debacle leads to discrepancies in BTC-stablecoin trading pairs across global cryptocurrency exchanges.