Last Thursday, the validators of the Terra blockchain decided to shut down the entire network due to the massive crash of the cryptocurrency LUNA, which belongs to Terra. The network was halted at block 7,603,700 after the cryptocurrency LUNA and its related stablecoin TerraUSD (UST) pulled off an unprecedented implosion of one of the biggest
Crypto investors currently need strong nerves when looking at the price charts. The bitcoin price alone has even dropped below the 25,000 dollar mark in the meantime. The last time digital money was this cheap was in the middle of last year. However, the cryptocurrency TerraUSD (UST), a so-called stablecoin, has been hit even harder.
The Central Securities Depository of India in Mumbai (NSDL) has inaugurated a blockchain-based security and contract monitoring platform. NSDL officially launched the distributed ledger technology (DLT) platform on Saturday during a 25th anniversary presentation along with the Securities and Exchange Board of India (SEBI). The platform aims to strengthen security and governance oversight in the
Cardano (ADA) has partnered with blockchain payment ecosystem COTI to launch a new algorithmic stablecoin. This is the first algorithmic stablecoin on the Cardano chain. After intensive collaboration, the public testnet version of Djed has now been released. Djed is an algorithmic decentralized stablecoin that maintains stability through a mix of collateral and a reserve
Solana is experiencing another network failure. It's already the seventh in just a few months. The Solana network went down for seven hours last Saturday - again. It is the seventh crash in a few months. By comparison, Bitcoin and Ethereum never crash in their entire history. On Saturday, April 30, an army of bots
The new cryptocurrency Lucky Block (LBLOCK) is making rapid progress: Although the coin only went on sale three months ago, it has been able to achieve a lot since then. The project's stated goal: to become the world's leading platform for sweepstakes. The global gambling market is worth around $300 billion - a gigantic opportunity
The focus is on the current interest rate decision of the Federal Reserve Bank. It is expected that the U.S. Federal Reserve will raise its key interest rate on Wednesday by 50 basis points to a range of then 0.75 percent to 1.00 percent due to high inflationary pressure. The Federal Open Market Committee (FOMC)
On-chain data shows that the top 100 Ethereum wallets regularly reduce their Ether holdings before the weekend - apparently to minimize risk. Instead, they put their capital into dollar-pegged stablecoins. This helps avoid rapid downward movements. The phenomenon apparently occurs primarily in large but actively trading wallets. Prior to this weekend, approximately $1,963,431 was placed
For months, the leading cryptocurrency has failed to break out of its fixed range: Bitcoin seems to break out again and again, but then only rises briefly and completely pulls back afterwards. Yesterday, for example, the crypto market capitalization had to give up about 4%, today it comes to a plus of 2%, is at
Virtual worlds are in vogue: Metaverse and gaming are currently considered the largest growth market in the blockchain sector, along with Decentralized Finance (DeFi). Many observers see the metaverse as the logical further development of social networks and our current Web 2.0. The world's largest crypto asset manager Grayscale expects annual revenues of USD 1
