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Weekly overview

Argentina Bans Crypto Trading While India Deliberates a 28% GST Tax

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

While the world seems to be beginning to accept crypto and all that comes with it, some countries are doing their best to stray further away from it; Argentina and…

Continue ReadingArgentina Bans Crypto Trading While India Deliberates a 28% GST Tax

Cardano Founder Pegs DeFi TVL at $19B+ as Stablecoin Djed’s Testnet Goes Public

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Cardano was one of the most hyped Layer 1 chains in 2021 and was expected to become home to some of the topmost DeFi Dapps, but the events that unfolded…

Continue ReadingCardano Founder Pegs DeFi TVL at $19B+ as Stablecoin Djed’s Testnet Goes Public

Terra’s LFG Sells $750M of Bitcoin, UST Depegs by 7% (Luna Price Update)

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Terra’s native stablecoin TerraUSD (UST), which has been the talk of the town for the last few weeks now, is at its worst at the moment. Stemming from UST liquidations…

Continue ReadingTerra’s LFG Sells $750M of Bitcoin, UST Depegs by 7% (Luna Price Update)

Terra’s LFG Buys Another $1.5B of Bitcoin for the $10B Stablecoin Reserve

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

With the goal of promoting and developing a decentralized economy through the non-profit organization, Terra created the Luna Foundation Guard (LFG), which has been a massive support for the network…

Continue ReadingTerra’s LFG Buys Another $1.5B of Bitcoin for the $10B Stablecoin Reserve

Twitter Receives $7.2B in Equity Commitments from Binance and 17 Other Investors

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

On May 4, Elon Musk, being the sole owner of Twitter after his $44 billion acquisition, filed an amendment to Schedule 13D under the Securities Exchange Act of 1934. According…

Continue ReadingTwitter Receives $7.2B in Equity Commitments from Binance and 17 Other Investors

How to protect yourself from the recent spate of ‘crypto muggings’

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Cointelegraph spoke with security experts who shared tips on how to keep crypto safe after a slew of robberies in the UK successfully stole thousands worth of crypto from everyday…

Continue ReadingHow to protect yourself from the recent spate of ‘crypto muggings’

Aurora launches $90M fund to finance DeFi apps on Near Protocol

  • Post author:admin
  • Post published:May 13, 2022
  • Post category:Weekly overview

Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. Aurora, an Ethereum Virtual Machine…

Continue ReadingAurora launches $90M fund to finance DeFi apps on Near Protocol
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