Day: May 13, 2022

Binance suspends LUNA and UST trading amid issues on Terra blockchain

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Global cryptocurrency exchange Binance has suspended trading pairs with Terra ecosystem’s cryptocurrencies,ย LUNA and TerraUSD (UST), on its platform following the major crash of the algorithmic stablecoin. Binance confirmed the move on May 13, with spot trading for LUNA/BUSD and UST/BUSD trading pairs being suspended. It’s not clear when the withdrawals for LUNA and UST will continue, as the crypto exchange simply stated that it will wait for the issues with the Terra network to be solved. It is the latest move by the worldโ€™s largest cryptocurrency exchange by trading volume…

European Commission Has โ€˜Serious Doubtsโ€™ About Markets in Crypto Assets Draft, Report Reveals โ€“ Regulation Bitcoin News

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The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence. European Commission Working on Compromise Proposal for EU Crypto Rules Europeโ€™s upcoming Markets in Crypto Assets (MiCA) legislation is facing challenges in the trilogue stage, less than two months after the European Parliament voted on the draft. Since then, discussions have been underway with the other two parties in the European Unionโ€™s…

Crypto Cybersecurity | How to safe Cryptocurrency with Cybersecurity | Crypto Security

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Crypto Cybersecurity | How to safe Cryptocurrency with Cybersecurity | Crypto Security In this video we explain that ” Crypto Cybersecurity | Crypto Security | How to safe Cryptocurrency with Cybersecurity” Cryptocurrencies are digital or virtual currencies secured by cryptography, with many using decentralized networks based on blockchain technology โ€“ an open, distributed ledger that records transactions in code. Crypto is stored in a digital “wallet,” which can be on a website, on a computer or an external hard drive. ๐Ÿ”— Journey…

Cardanoโ€™s ADA Jumps 40% to Lead Recovery in Major Cryptos; Sentiment Remains in ‘Extreme Fear’

Cardanoโ€™s ADA jumped as much as 40%, leading gains among the biggest cryptocurrencies. BNB Chainโ€™s BNB spiked 30%, Solanaโ€™s SOL added 25%, and XRP added 22% during the Asian morning. The recovery came as bitcoin (BTC) and ether (ETH), the two largest, added over 12% each. Most of the largest cryptocurrencies rose at least 25%, with the likes of ApeCoin (APE) climbing as much as 57%. Source

DeFi protocols declare losses as attackers exploit LUNA price feed discrepancy

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The seemingly endless freefall of Terra (LUNA)ย affected two decentralized finance (DeFi) protocols due to a price discrepancy, as the Chainlink price feed for LUNA gets suspended over extreme market conditions.ย  Avalanche-based liquidity protocol Blizz Finance reported that as the price of LUNA was stuck at $0.10, attackers were able to deposit millions of LUNA to โ€œborrow all the collateral.โ€ As a result, Blizz Finance mentioned that its protocol was drained before its team could pause. The team apologized to those who were affected. We have built on the AVAX ecosystem…

BitKwonnect? โ€˜Luna Brothersโ€™ moment sees Terra inflate token supply 3,500% overnight

Terra (LUNA), the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure. Data released on May 13 confirms that overnight, the embattled cryptocurrencyโ€™s supply expanded to an eye-watering 6.9 trillion LUNA. 6,900,000,000,000 LUNA, almost zero value After a tumultuous week in which Terra attempted to rescue LUNA along with its failing United States dollar stablecoin, TerraUSD (UST), things have gone from bad to worse. Despite huge sales of BTC and loans to prop up the market, both tokens have continued…

BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight

boss

LUNA, the in-house token of Blockchain protocol Terra, is undergoing major changes which are causing intrigue and despair in equal measure. Data released on May 13 confirms that overnight, the embattled cryptocurrencyโ€™s supply expanded to an eye-watering 6.9 trillion LUNA. 6,900,000,000,000 LUNA, almost zero value After a tumultuous week in which Terra attempted to rescue LUNA along with its failing U.S. dollar stablecoin, TerraUSD (UST), things have gone from bad to worse. Despite huge sales of BTC and loans to prop up the market, both tokens have continued to hemhorrage…

This is a DANGER to Bitcoin Holders!! Bitcoin News Today, Bitcoin Crash & Bitcoin Price Prediction

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io This is a DANGER to Bitcoin Holders!! Bitcoin News Today, Bitcoin Crash & Bitcoin Price Prediction Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! ๐ŸšจNEW: My Complete Technical Analysis Course ๐Ÿ‘‰ ๐Ÿ‘ˆ ๐Ÿ“ˆBEST TRADING PLATFORMS: โ–บ Bybit ๐Ÿ‘‰ ๐Ÿ‘ˆ (NEW $4,100 BONUS)* ๐Ÿ”ฅ Register with…

Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise โ€“ Finance Bitcoin News

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The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser to the countryโ€™s president. Enhancing Africaโ€™s Competitiveness An Africa-focused crypto startup, Mara, has raised $23 million in funding for building a so-called pan-African cryptocurrency exchange, a report has said. Participating in the startupโ€™s capital raise were Coinbase Ventures, Alameda Research, Distributed Global, TQ Ventures,…