LUNA 2.0 has been on a rocky start based on a sharp price decline after Terra 2.0 successfully went live on May 28. The price hit highs of $18.87 but later nosedived to lows of $5, according to CoinGecko. In the first 30 minutes of trading, LUNA 2.0 shot up to $30 from $0.30 on […]
UST, a stablecoin that’s supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were gaining in the […]
Do you want to make money on cloud mining, but do not understand which provider is the best? Are you afraid of scammers or hidden fees that appear when withdrawing funds? We are here to tell you all about the companies that help you make money with cryptocurrencies. Today we will compare two top cloud […]
Biggest ever crypto collapse attracts conspiracy theories. On 9 May, after nearly 18 months of steadily holding its value against the US dollar, the so-called stablecoin TerraUSD (UST) became unpegged. The uncoupling triggered a response that would ultimately crash not only UST and the Terra (LUNA) cryptocurrency, but also contribute to bitcoin and the broader […]
On May 25, seven blocks were reorganized on Ethereum’s Beacon chain at 8:55:23 a.m. (UTC) at block height 3,887,075 all the way to block 3,887,081. The reorganization was discovered by Martin Köppelmann who noted the “current attestation strategy of nodes should be reconsidered to hopefully result in a more stable chain.” Ethereum’s Beacon Chain Reorgs […]
Digital spaces can be an extension of reality, not just a lower resolution “digital version.” This article is part of “Metaverse Week.” The metaverse isn’t just about making realistic virtual experiences, but in enabling hyperreal ones. This is the process of creating personalized content based on data, or the things people do and say and […]
If the crypto community can successfully decentralize the internet, “it’s a future really worth getting excited about,” said NFT3 founder Dylan Dewdney.Attendees to the BlockDown Croatia 2022 festival were witness to Cointelegraph’s discussions around sociopolitics of the Web3 ecosystem, non-fungible tokens (NFT) and the Metaverse. It turns out that ongoing innovations across the crypto ecosystem […]
Cryptocurrencies have come a long way in the recent decade, evolving from a marginalized payment method for questionable transactions to publicly traded instruments on the largest global exchanges. Nonetheless, these drastic changes remain insufficient for fulfilling the “currency” function of the crypto. Specifically, cryptocurrencies are far from competing with fiat currencies for becoming the medium […]
One new team is finding how much extra value can be crammed into a collectible. Non-fungible tokens are having a moment. Which is another way of saying: NFTs’ moment will soon be over. But technological innovations have a way of enduring beyond their trendy period. “We’re developing the post-hype NFT,” says Andras Kristof, founder of […]
Speaking at the Permissionless 2022 Conference in Florida, the U.S., Ethereum Researcher Justin Drake disclosed that the merge of Ethereum (ETH) might happen in August. Market insight provider Bankless pointed out. He noted: Meanwhile, Ethereum core developer Preston Van Loon shared similar sentiments that testing was in the final stages and said: The merge, which […]