Do Kwon of Terraform Labs proposes to create Terra 2.0 leaving out UST
The future of the Terra blockchain is currently up for a vote, as proposed by Do Kwon, founder of Terraform Labs. According to the summary presented in Agora on the Terra forum, Do Kwon intends a name change to Luna Classic (LUNC) and Terra Classic and to create a new blockchain excluding TerraUSD (UST).
Nubank partners with PAXOS. Your clients will be able to trade Bitcoin and Ethereum.
The Brazilian digital bank reported that it will be possible to buy and sell cryptocurrencies, specifically Bitcoin (BTC) and Ethereum (ETH) from its application. Nu Holdings Inc., Warren Buffett's Berkshire Hathaway Inc.-backed digital bank, partnered with PAXOS TRUST Co. to enable its 53 million customers to store, buy and sell crypto assets.
Introduction in Cryptocurrencies
The initial digital currency which comes into the presence was Bitcoin which was based on Blockchain innovation and likely was sent off in 2009 by a strange individual Satoshi Nakamoto. At the time of composing this blog, 17 million bitcoin had been mined and it is accepted that all out 21 million bitcoin could be mined. The other most famous cryptographic forms of money are Ethereum, Litecoin, Ripple, Golem, Civic, and hard forks of Bitcoin like Bitcoin Cash and Bitcoin Gold.
This Miami entrepreneur just lost $1 billion
Recently I wrote about the youngest billionaire in Miami, Fred Ehrsam. When I wrote the article, Ehrsam had a net worth of $2.1 billion, making him the youngest billionaire in Miami. However, thanks to the plunge in the value of cryptocurrency, Ehrsam has lost $1 billion in the past few weeks.
BTC reaches $138,000 in UST, with a return of over 300%.
After the UST "stablecoin" hit new lows reaching $0.22, the BTCUST pair reached $138,000 UST rising +300%. The Terra (Luna) cryptocurrency has already lost 94% of its value according to CoinMarketCap data, while TerraUSD (UST) struggles to regain its parity with the US dollar.
My Cryptocurrency Investing Tip to Help You Make Smarter Decisions
Cryptocurrency photo by RODNAE Productions on Pexels. The cryptocurrency market hasn’t been nice to you lately. Then this may have you wondering if this was the right market to invest in.
NVIDIA is fined $5.5 Million for hiding crypto mining profits.
The U.S. National Securities and Exchange Commission (SEC) fined NVIDIA for hiding information about the profits generated by the sale of its products to cryptocurrency miners.
USDD, the new stablecoin of the TRON (TRX) blockchain
The TRON (TRX) blockchain has launched its algorithmic stablecoin called USDD, promising it to be the most decentralized stablecoin ever. It is a cryptocurrency created to keep its value stable in the face of market volatility, reducing the financial risk to its holders.
Opinion: You’ll See Crypto in a New Light After This Bombshell
The Internet used to be like crypto. People didn't know if it was a fad, a joke or the Next Big Thing. Only now we know, the Internet became one of the Biggest Things Ever. Those who saw the value early reaped the most benefits.
Bitcoin (BTC) rejects $40K and falls -10%
Pixabay: WorldSpectrum / Source: CoinMarketCap, TradingView. BTC had an initial rise of 5% after the Federal Reserve announced that it would raise the benchmark interest rate in the United States by 1%. But the rise appeared to be short-lived as Bitcoin failed to break above the $40,000 resistance, causing it to drop to as low as $36,000.
USDT loses growth for major stablecoins.
Flickr: Jernej Furman / Source: theblockcrypto.com / coinmarketcap.com. Tether (USDT) dominated the stablecoin market with more than 80% of the capitalization, but since 2020 it has been reducing its dominance.
Elon Musk changes Twitter avatar to Bored Ape Yacht Club's NFT
Elon Musk, founder of Tesla and now owner of Twitter, changed his Twitter profile picture on Wednesday to a Bored Ape Yacht Club (BAYC) NFT, the most famous collection of NFTs.
3 Reasons You May Want to Sell Your Altcoins (Opinion)
Trading cryptocurrenciesPhoto by Behnam Norouzi on Unsplash. The cryptocurrency market has not been favorable to investors lately. Since October last year, cryptocurrency prices fell and continue to trade in an up and down movement.
Elon Musk Buys Twitter For $44 Billion
On Monday, April 25, Twitter accepted Elon Musk's buyout proposal. Musk offered to purchase Twitter at $54.20 per share for a total of $44 billion dollars. Twitter announced that upon the completion of the deal, the company would then be privately owned.
This 30-year-old Stanford, CA native, crypto-billionaire is giving away his fortune
(lassedesignen/Adobe Stock Images) A report featured on Bloomberg highlights that Sam Bankman-Fried sleeps on a beanbag and drives a Toyota Corolla. Oh, and he's a multi-billionaire.
Two New Yorkers have become the first ever NFT billionaires
Last week Forbes released its annual list of billionaires. In total, there are 2,668 billionaires around the world. But two of them were very different from the rest. They became the first-ever NFT billionaires.
What Is Altcoin? - Things New Traders Should Know
“Never put all your eggs in one basket” - is the most common advice from professional traders. However, new players often get stuck with diversity. In other words, they do not know much about coins other than Bitcoin.
Bitcoin Could Get a Boost When It Nears a Halving Point
Bitcoin (BTC-USD) is now over the $40,000 mark, going over and under it this past month. Bitcoin is now down over 14.2% so far this year. Today BTC is at $40,914, which is off 14.6% from its prior peak of $47,912 on March 28. Nevertheless, investors might want to take advantage of this weakness, as it is likely to weather the present inflation storm fairly well as a store of value.
Cathie Wood gave a $1 Million Bitcoin price prediction
This is one of the more bullish price predictions on Bitcoin. In her most recent public appearance, Cathie Wood shared her thoughts on Bitcoin. At the Miami Bitcoin Conference, Cathie Wood stated the cryptocurrency would reach over $1 million per Bitcoin by 2030. At the time of this writing, the crypto is in the $42,000 price range.
Is Buying Virtual Real Estate In The Metaverse Stupid?
There are many things that can be said about virtual real estate. Some people are drawn to the novelty of it, while others see it as a way to make a quick buck. However, there is one thing that everyone can agree on: virtual real estate is a big business.