Cryptocurrency

Luna Foundation Guard Steps Up to Protect UST’s Bitcoin Peg

The Luna Foundation Guard has once again come forward announcing some key measures to safeguard the Bitcoin peg for its native UST stablecoin. Last weekend turned out to be a major nightmare for Terra...

TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%

A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. This happened in tandem with an...

Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support – Featured Bitcoin News

Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use...

The United States turns its attention to stablecoin regulation

The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation....

Staking Contract of Ethereum 2.0 Reaches 12.4 Million ETH

The second-most valuable cryptocurrency in the world, Ethereum officially started its network upgrade in December 2020 with Beacon Chain’s launch. The crypto community showed immense support to the network upgrade with the staking...

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