The fresh funding will go towards a new reserve to help strengthen the peg for the UST stablecoin. Source
Foundation Focused on UST Stablecoin Raises $1B in LUNA Sale
Day: February 22, 2022
Journalist alleges Mimo Capital co-founder was behind 2016 exploit of The DAO: Report
Laura Shin, a cryptocurrency journalist and host of the Unchained Podcast, claimed to have discovered the identity of the individual behind an exploit which drained more than 3.6 million Ether from Germany-based startup Slock.it’s The DAO in 2016. According to a Tuesday Bloomberg report, Shin claimed that she had “extremely strong evidence” that Mimo Capital co-founder Toby Hoenisch was responsible for removing more than 3.6 million Ether (ETH) from The DAO in June 2016 — roughly $50 million at the time. An unknown hacker used an exploit to drain roughly…
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Bitcoin 'is here to stay': Dave Portnoy
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Barstool Sports founder Dave Portnoy discusses the future of the cryptocurrency amid its recent slide and reacts to Los Angeles Mayor Eric Garcetti’s ‘ridiculous statement’ regarding his maskless picture. Subscribe to Fox Business! Watch more Fox Business Video: Watch Fox Business Network Live: FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October…
Exciting Welcome Rewards of up to $20 BTC Await – Sponsored Bitcoin News
sponsored Looking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit offer beginner-friendly products and services, but a person can also earn up to $20 worth of BTC when they register and complete tasks on Bybit. Bybit Evergreen Campaign Sounds like a good deal? No doubt it is. Here’s the steps to follow: Step 1: Register for an account on Bybit Step 2: Verify identity via KYC Level 1 Step 3:…
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps – Altcoins Bitcoin News
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled by more than 20% since the past week. Stablecoin Economy Continues to Grow As cryptocurrencies have dropped in value during the last two weeks and the crypto economy fell below the $2 trillion range, stablecoins issuance continues to fill demand. At…
Puma rebrands to Puma.eth on Twitter
Puma is the latest in a growing list of major brands to purchase a decentralized URL and reveal their nonfungible token, or NFT, by changing their Twitter handle to Puma.eth. The German sportswear brand registered the domain name with the Ethereum Name Service, or ENS. welcome PUMA.eth (@PUMA) https://t.co/BuPplzfJgR — ens.eth (@ensdomains) February 21, 2022 Other major companies with .ETH domains include Budweiser, the subsidiary of Anheuser-Busch InBev, which bought Beer.eth through ENS on OpenSea for 30 ETH last year. And when the fast-food chain White Castle registered whitecastleofficial.eth, ENS’ former director…
Market Wrap: Cryptocurrencies Fall as Sentiment Turns Bearish
Bitcoin (BTC) and other cryptocurrencies remain weighed down by geopolitical tensions. The bitcoin Fear & Greed Index entered “extreme fear” territory last week, indicating bearish sentiment among traders. And Bitcoin’s blockchain activity is slowing. Source
*DANGEROUS* BITCOIN EMERGENCY | PROTECT YOUR BITCOIN!!!!!!!!!! BTC Price Prediction Analysis
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This Bitcoin and Cryptocurrency trading analysis applies to various exchanges, including Bybit and Binance. Tackling questions like if Bitcoin can reach all time highs again or how low BTC will crash. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. To join VIP, click on my name (@Forflies)…
Record label CEO explains how music NFTs are set to revolutionize the industry
Music-based nonfungible tokens are an emerging frontier in the crypto and NFT space, but the first questions that come to mind are: What are they? And what are their utility? Music NFTs are relatively new to the scene and cannot be pinned down by one definition. At the most basic level, however, they are verifiable digital collectibles, with a core component being the integration of a song. One of the first collections was “Audioglyphs,” which cemented itself as revolutionizing the way users consume music, synthesizing an infinite stream of audio…