Terra (LUNA)’s price collapse from Monday continues, now tracing down beneath $16 per coin. Meanwhile, the network’s dollar-pegged stablecoin TerraUSD (UST) continues trading at just $0.8, far below its intended $1.00 value peg. LUNA trades at just $15.84 at the time of writing, down 63.13% in the past 24 hours, and 80.74% over the week. The cryptocurrency doubly serves as a governance token for the Terra blockchain, and the reserve asset made to preserve the stability of its...
Read More »Our Ambition is to Become the Amazon of Crypto: Interview with Coinbase’s Guillaume Chatain
After spending almost a decade working for the Wall Street behemoth – JPMorgan Chase & Co – Guillaume Chatain took the leap towards blockchain and crypto, where he helped establish a regulated digital broker-dealer. As of now, he is the Head of EMEA (Europe, Middle East, and Africa) Sales at the leading US-based cryptocurrency exchange – Coinbase – a position which he occupies for over a year. From JP Morgan to Coinbase: The Future of Finance Chatain made a huge...
Read More »Pac-Man Frog: Solana-Based Project Leading Web3 Innovations
The digital asset industry is evolving at a breakneck pace, and new trends are being formed as developers continue to explore the different use cases of blockchain technology. Crypto trends such as decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi, Web3, and the Metaverse, have received massive attention, and investors are looking for ways to profit from them. But unlike venture capitalist firms, retail investors still find it hard to gain early access to...
Read More »LBank Exchange Will List Nesten (NIT) on May 11, 2022
INTERNET CITY, DUBAI, May. 9, 2022 – LBank Exchange, a global digital asset trading platform, will list Nesten (NIT) on May 11, 2022. For all users of LBank Exchange, the NIT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 11, 2022. Internet of Things (IoT) is expanding the possibilities and the potential of technology, but the centralized telecom networks everyone relies on now cannot provide the reliability, affordability, security or...
Read More »LBank Weekly Listing Report, 9th May 2022
As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 9th May. For a more complete list please follow our twitter...
Read More »LBank Exchange Will List Monstock Token (MON) on May 10, 2022
INTERNET CITY, DUBAI, May. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Monstock Token (MON) on May 10, 2022. For all users of LBank Exchange, the MON/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on May 10, 2022. As a blockchain-based investment forecast platform, Monstock transforms stagnant and distorted investment information markets through fair valuation of investment forecast information and disclosure...
Read More »Next Earth partners with Iomob and Vueling Airlines to expand its Metaverse with first-ever transportation layer
The new partnership connects Metaverse with real-world travel and logistics while increasing sustainability. Steps for easier and more sustainable way of travelling Get ready for the future of transportation, because sustainability-focused Next Earth, the metaverse that has become a unicorn in less than 9 months and which now has over 45,000 virtual landowners, today announced a new partnership with Iomob, the pioneering blockchain company developing a decentralized...
Read More »Near Foundation Establishes Blockchain Hub in Kenya: Report
Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly teamed up with the Kenyan blockchain community Sankore to launch a regional hub in the African country. The unit will focus on crypto innovations, education, and talent development throughout the continent. Africa’s Latest Crypto Project Several recent studies estimated that emerging economies and developing countries are particularly thriving areas for the crypto industry....
Read More »Goons of Balatroon Introduces Fun Play-to-Earn Trading Card Metaverse
Blockchain is no doubt revolutionizing the gaming industry. Today, concepts such as non-fungible tokens (NFTs), play-to-earn (P2E), and metaverse have garnered interest from mainstream gamers and institutional investors. In the past, gamers spent their time and money playing games and purchasing in-game assets without getting any monetary rewards in return. But with blockchain gaming, everyone has the opportunity to earn passive income while having fun. However, in recent...
Read More »Fortress Protocol Hacked for $3 Million, Drained of All Funds
Fortress Protocol – an algorithmic money market and defi lending protocol – has been drained of all funds following an oracle manipulation attack. The stolen crypto has since been bridged from Binance Smart Chain to Ethereum and mixed using the privacy protocol Tornado Cash. Buying Out the Protocol Blockchain security firm CertiK shared information about the hack with CryptoPotato on Monday. It began with the hacker using ETH to purchase a substantial amount of FTS – the...
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