Ethereum News – Page 29 – WORLD CRYPTO BUSINESS

SwissBorg report explains cause of the “death spiral” of UST

[ad_1] The Swiss-based crypto exchange, SwissBorg, has released a report on the risks surrounding Terra’s stablecoin, UST. The token is currently undergoing extreme volatility, trading at just $0.59 at writing. SwissBorg issued... Read more »

Cynics dominate comments section of BBC Bitcoin crash report

[ad_1] The BBC published an article titled, ‘Bitcoin value drops by 50% since November peak,’ on May 10. It gave a balanced account of the current state of affairs. The key takeaway... Read more »

Meta taps Polygon to build NFT platform for Instagram, Facebook

[ad_1] Polygon has partnered with Meta to create an NFT platform for Instagram and Facebook, Polygon CEO Ryan Wyatt announced via Twitter. The partnership will expose Polygon’s blockchain ecosystem to Meta’s combined... Read more »

Terra’s LFG to lend OTC traders $1.5B in BTC, UST to support stablecoin peg

[ad_1] Luna Foundation Guard (LFG) said on May 9 that it will lend out $1.5 billion worth of Bitcoin (BTC) and UST to defend the algorithmic stablecoin’s peg to the U.S. dollar.... Read more »

Sony, Theta Labs to giveaway glasses-free 3D display with exclusive NFTs

[ad_1] Theta Labs is partnering with Sony to release a unique 3D NFT that works without 3D glasses. The “Tiki Guy” NFT will work with a Sony Spatial Reality Display, retailing at... Read more »

TerraUSD dollar peg rocked by weekend dump, LUNA drops 20%

[ad_1] A seemingly coordinated attack on the Terra ecosystem occurred this weekend, May 7th, as hundreds of millions of dollars worth of UST was dumped on Curve Finance. This happened in tandem... Read more »

US offers $15M for info on Conti ransomware

[ad_1] The U.S.Department of State set two separate bounties for information on the Conti ransomware organized crime group totaling $15 million. Any information that helps identify or locate the Conti group leaders... Read more »

Square Enix sells gaming library to focus on blockchain and AI

[ad_1] Japanese game developer Square Enix is selling a significant part of its games library and IP in a pivot towards blockchain. Iconic IPs like Tomb Raider, Deus Ex, and Thief are... Read more »

Mercury Wallet Review: Bitcoin wallet with Layer 2 scaling and improved privacy

[ad_1] It is commonly believed that Bitcoin is one of the most private methods to send money and that payments are concealed somewhere in the blockchain. The fact is that using Bitcoin... Read more »

Senator Warren challenges Fidelity over its Bitcoin 401(k) plans

[ad_1] Senator Elizabeth Warren and Tina Smith have written a letter to Fidelity over its decision to allow Bitcoin investments in its 401(k) plans.  The letter asked the investment firm why it... Read more »