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Terra Crisis: Korean Politician Urges Authorities to Summon Do Kwon for a Hearing
South Korean politician, Yun Chang-Yun has called for a parliamentary hearing on Terra in a bid to find out the real cause of the sudden collapse of both the TerraUSD (UST) stablecoin and the LUNA token from CEO Do Kwon.…
South Korea’s President Faces Retaliation Over New Crypto Policies
New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean President’s pro crypto stance, have expressed concerns over the…
Bitcoin Briefly Recovers as Holders Maintain Positivity on Further Rise
Bitcoin briefly recovered above the $30,000 level and its 100-hour simple moving average. The top crypto by market capitalization has had a rough past week as its price nosedived below the $25K level, causing panic across the crypto market. BTC…
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Coinbase Rolls Out Support for Ethereum-based dApps Access to Some Users
In a blog post on Monday, Coinbase Global said it would allow a small group of its users to access Ethereum-powered decentralized applications (dApps) through its app. Coinbase’s Support for DeFi and NFTs Coinbase’s new addition will enable users to…
Polkadot Finally Launches Cross-Consensus Messaging for Full-Interoperability
Polkadot has launched its messaging system, which will leverage a Cross-Consensus Messaging format (XCM). With this system, all Polkadot-based blockchains can directly communicate, making it the first time to do so, including the transfer of NFTs freely. Through the announcement,…
Balancer AMM- What Is It, and How Does It Work?
Balancer is an automated market maker (AMM), portfolio manager, and trading platform that runs on the Ethereum network. It is also a decentralized exchange (DEX) that utilizes smart contracts to offer its services, including passive earning methods. The exchange operates…
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