Do Kwon hints at ‘recovery plan’ for Terra’s UST; LUNA-tic reactions follow
The Terra ecosystem has evidently been in a fix of late. The price of both its native tokens—LUNA and UST—has been mercilessly stooping lower on the charts. Yesterday’s crash wiped…
Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained…
Top Shot creator unveils $725M fund to support Flow ecosystem
The new ecosystem fund will be used to support the 7,500 developers on Flow to build new gaming, infrastructure, DeFi, and content creator products on the NFT blockchain.
GameFi Will Spark the Mass Adoption That the World is Waiting For
GameFi is on-ramping thousands of participants who are using such platforms to make their first crypto purchase, says Simon Yi of Clam Island. If poring over charts and data to…
Web3 Shopping: Why This is a Revolution for Both Buyers and Merchants
Web3 Shopping: The switch from payment cards to cryptocurrencies and the era of Web3 shopping is already happening, says Kurt Ivy. Here’s why that’s good for both shoppers and merchants.…
Bitcoin, Ethereum, Dogecoin Stabilize — But Why Is The Pace Of Crypto Recovery Slow?
Bitcoin and Ethereum were in the green at press time, with the apex coin trading above the key $30,000 psychological level, as the global cryptocurrency market cap rose 3.4% to…
ZENCON Innovation Awards Hackathon Event to Launch This June in Mexico
ZENCON Innovation Awards Hackathon recently collaborated with multiple partners to create an exclusive and exciting Hackathon Event. Set to take place in Mexico, it’s the perfect time to see what…
UST’s Bitcoin Reserve Too Late in Coming to Save Dollar Peg
Luna Foundation Guard’s billions of dollars in bitcoin without an actual infrastructure ready to deploy left Terra’s stablecoin UST vulnerable to a ‘Soros-style attack’, an analyst said.
First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K
Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; cryptos have a mixed day.
Web 3.0 Startup Jambo Looks to Become WeChat of Africa Following $30M Funding Round
African startup Jambo is looking to emulate the success of Tencent’s WeChat in onboarding Africa onto its planned Web3 social and commerce hub. James and Alice Zhang, siblings, hailing from…