Tag: Altcoin News

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Mystery South Korean Company that ‘Worked on Terra Network’ Faces Media Scrutiny

  South Korean media outlets say they have unearthed evidence that a blockchain firm based in Seoul has a close relationship with Terraform Labs – and may have been developing for the Terra network under the radar. But the plot may already have thickened – with allegations that the National Tax Service (NTS) found evidence…
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Bitcoin and Ethereum Consolidate Gains, ADA Outperforms

  Bitcoin price surged above the USD 31,200 resistance level and tested the USD 32,000 level before the bears emerged. It is currently (11:50 UTC) consolidating gains near USD 31,800 and is up almost 4% in a day and 9% in a week. Similarly, most major altcoins remain in a positive zone. ETH is facing…
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WAVES Skyrockets as Details of DeFi Revival Plan Unveiled, Still Down 85% from ATH

  The native token of the blockchain platform Waves (WAVES) has risen sharply in price this week, as a new master plan to bring back confidence in decentralized finance (DeFi) on the network has been unveiled. At 11:08 UTC on Tuesday, WAVES stood at USD 9.2, up 63% over the past 24 hours and up…
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South Korea to Launch a Crypto Regulatory Agency in Wake of LUNA Crash

  The South Korean government will step up the launch of a new regulatory body to police the crypto sector – and could fast-track its creation as a direct response to what it has dubbed the “terra (LUNA) incident.” In an exclusive article, Newspim reported that the body, to be named the Digital Assets Committee…
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LUNA Rallies as Binance Airdrops Token to Users

  The price of the new Terra chain’s native token LUNA rose in the market on Tuesday, as the major exchange Binance airdropped it to users and listed it for trading earlier in the morning. At the time of writing (09:37 UTC), LUNA traded at USD 8.54, up a massive 43.1% in the past 24…
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South Korean Crypto Exchanges Form Joint Response Council to Avoid Repeat of LUNA ‘Incident’

  South Korea’s five biggest crypto exchanges have vowed to create a “joint response council” to avoid a repeat of what the media and politicians in the country have labeled the “terra (LUNA) incident.”… Read More: South Korean Crypto Exchanges Form Joint Response Council to Avoid Repeat of LUNA ‘Incident’  Read more »Pay, Trade, Buy…
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New LUNA Token Rises, Still Down 65% After Launch, Kraken CEO Defends Listing

  The new Terra (LUNA) blockchain went live on Saturday, with the newly airdropped LUNA token seeing extremely volatile trading on its first day, before stabilizing and gaining some ground later in the weekend. Despite having become a controversial project, the new LUNA token can already be traded on a number of large exchanges…. Read…
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Russia Mulls Crypto for Int’l Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ____(Updated on May 28 at 04:30 UTC for space and clarity, also it was clarified that JPMorgan joined Elliptic’s financing round.)… Read More: Russia Mulls Crypto for Int’l Payments, Fed Vice…
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Terra’s New Chain Launch Pushed to Saturday, NFT Projects Get an Invite to Move to Polygon

  The launch of the new Terra (LUNA) blockchain has been pushed back one day and is now expected to go live this Saturday. The launch is readying as the Terra community voted to burn a portion of the old terraUSD (UST) supply, while some projects are migrating to other blockchains…. Read More: Terra’s New…
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Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News  Read more »Pay, Trade, Buy…
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