Day: May 11, 2022

Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy – Bitcoin News

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During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower than the $1 parity and was trading at a low of $0.299 per unit at 9:00 a.m. (ET). Terra’s Native Token LUNA Loses 97%, While UST Loses 67% in 24 Hours The Terra blockchain ecosystem has been ravaged by the…

UST’s Do Kwon Was Behind Failed Stablecoin Basis Cash

“Yo degens, anyone remember what Basis was? It was one of the early ‘DeFi’ algorithmic stablecoins with high ambitions, but it was shut down due to SEC-related risks,” said Rick’s since-deleted Telegram account in the Basis Cash Telegram channel on Aug. 20, 2020. “Today we’re bringing Basis back from the grave.” Source

The Crypto Market GETTING CRAZY! (HUGE SOLANA NEWS) | Ethereum NFT Collection REVEALED!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Big Things Are Happening in Cryptocurrency!!! 💥💥💥💥💥 Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch the whole video!) 0:37 – Paul Krugman Says Bitcoin Resembles Subprime Mortgages. 1:50 – Coinbase Will List BRAND NEW Class of Crypto Assets! 3:20 – Coinbase Ventures Investment Portfolio Breakdown 5:22 – Facebook Crypto Update! (Diem is Dead) 6:17 – Visa Report: Crypto Credit Card Usage Reaches $2.5…

What does UST’s De-Pegging Mean for the Wider Market? – Blockchain News, Opinion, TV and Jobs

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock The impact of this event on the wider market is very significant. Soon we will find out which DeFi projects had their treasuries in anchor or UST, hence resulting in prominent protocols going under. There is extreme fear across the crypto market, as Bitcoin has bounced off $30k – a key, psychological level. In addition to ongoing macro headwinds, there is now a fundamental risk to the crypto industry as the UST stablecoin has de-pegged from $1. This resulted in extreme panic,…

Moneda digital de Chile debería también funcionar sin conexión, según presidenta del banco central

La moneda digital emitida por el Banco Central de Chile (CBDC, por su sigla en inglés) necesitaría aceptar pagos fuera de línea, dijo la presidenta de la autoridad monetaria de ese país, Rosanna Costa, en un evento el martes. Costa prometió un documento de política sobre el tema a finales de esta semana, pero agregó que no se había tomado una decisión final sobre si emitir o no una versión digital del peso chileno. Source

Bitcoin 2022 — Will the real maximalists please stand up? – Cointelegraph Magazine

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As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official I’m going to Miami for the Bitcoin 2022 conference, there seems to be a light in the man’s eyes. He peppers me with questions, even though I’d gotten up at 5 am that day to fly, and my smartwatch is telling me that my energy levels are only at 70%. The customs official has way more interest…

Aplikasi Mining Bitcoin di iPhone Dan Android Terbukti Membayar

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Kali ini saya ingin sekedar berbagi mengenai cara mining Bitcoin di HP Dan saya pun sudah membuktikanya WD ke akun alamat walet bitcoin saya. untuk langkah-langkahnya temen-temen bisa ikuti sesuai divideo ya link untuk daftar ada disini : Untuk download aplikasi Cryptotab pro-nya ada disini (versi terbaru september 2021) (catatan tetep intsal yang versi biasanya dulu kemudian login dengan akun google dan baru uninstal aplikasi yang biasanya kemudian instal aplikasi yang pro) Cara ini bisa digunakan diandroid ataupun iphone ya temen-temen. Oke…

Rising global adoption positions crypto perfectly for use in retail

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Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry has grown from strength to strength over the last few years, especially from an adoption perspective.  To this point, a recent study revealed that the number of adults in the United States using digital assets for everyday purchases will increase by 70% by the end of the year when compared to 2021, with the metric rising from 1.08 million to 3.6 million users. The…