Blockchain Financial News

26.05 / 12:49

Blockchain Digital Platform Mobile PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse

PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.

26.05 / 12:49

Blockchain Binance CEO Luna Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval

The proposal to revive the troubled Terra network as Terra 2.0 has received the green light from the community. However, the controversial algorithmic UST stablecoin will not be a part of the rebirth.

26.05 / 12:35

Blockchain Adoption LEGO privacy WEF 2022: Metaverse should be developed from children’s perspective, says LEGO VP

Metaverse and Web3 dominated the discussions on the fifth day of the ongoing World Economic Forum (WEF).

26.05 / 11:57

Blockchain UPS INSTANT: Earn Cryptocurrency by Going Out With Your Friends

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

26.05 / 11:23

Blockchain Provident Pool Luna Do Kwon’s revival plan for Terra finds endorsement with 65% vote

The community has endorsed Terra’s “Proposal 1623,” which outlines intentions to resurrect the collapsed Terra environment. Do Kwon, the Terra ecosystem’s founder, offered a resurrection plan on 16 May, one that included the establishment of a new blockchain and the issuance of fresh LUNA tokens.

26.05 / 11:21

Blockchain Ethereum Proof-of-stake Ethereum Beacon Chain Experienced a 7-block Reorg, More Work Needed Ahead of The Merge

The Beacon Chain, which will introduce proof-of-stake (PoS) to Ethereum (ETH), experienced a seven-block reorganization (reorg) on Wednesday.

26.05 / 09:19

Blockchain defi partnership avalanche Injective partners with Wormhole to bring 10 new blockchains to the platform

Decentralized finance (DeFi) protocol Injective (INJ) has partnered with Wormhole to integrate “10 new blockchains” to its network.

26.05 / 08:21

Blockchain cryptocurrency Stablecoin Luna Classic Terra Classic Luna This Token's Relaunch Kicks Crypto Hype Machine Back Into Gear

The new Luna will be distributed to previous holders of Luna and UST in a so-called air drop.

26.05 / 06:05

Blockchain Ethereum Developers Upgrade Ethereum Beacon Chain experiences 7 block reorg: What's going on?

Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday.

26.05 / 01:41

Blockchain FIVE Coinone Luna This is how Terra fiasco is forcing South Korean regulators’ hand

Investors have lost a significant chunk of their savings from the damage caused by the Terra [LUNA] crash. Well, the incident sent shockwaves across the crypto ecosystem, dragging down the entire market. Around $45 billion was wiped off the two tokens’ market cap within a week- for starters.

26.05 / 01:41

Blockchain UPS FIVE Shiba Inu Can Shiba Inu’s [SHIB] entry into P2E trigger a 650% rally

As the year comes closer to the end of the second quarter, the crypto market has already brought some of the worst fears of any investor to life. But hopefully, in the second half, things might turn around as fear turns into optimism. And, who knows, Shiba Inu might play an essential role in bringing said change.

26.05 / 00:05

Blockchain Ethereum Stablecoin Microsoft Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund

Crypto prices have been exploring new lows for weeks and currently it's unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot ecosystem began to rally on May 24 and have managed to maintain gains ranging from 10% to 25%, a possible sign that certain sub-sectors of the market are on the verge of a breakout.

25.05 / 22:43

Blockchain UPS Waves UST registered +400% rally while you were asleep – Here’s what to know

A ghost in the blockchain? Or a poltergeist playing tricks? 25 May began with TerraUSD [UST] seeing a daily rally of more than 400%, but then experienced a crash that dragged it back down to below $0.1. So here’s your news update in case you were sleeping when the price spiked.

25.05 / 22:43

Blockchain UPS Ethereum Is Uniswap’s ‘F for effort’ failing to lure UNI-que shark investors

Founded in 2018, Uniswap is a protocol for trading and automated liquidity provision on the Ethereum Blockchain. With a trading volume of $995,227,592 recorded in the last 24 hours, Uniswap ranked first among the top decentralized exchanges on CoinGecko by trading volume.

25.05 / 21:37

business Blockchain Ethereum Bitcoin Andreessen Andreessen Horowitz closes $4.5 billion crypto fund amid market turmoil

Even though crypto markets appear to be on a long, arduous path ahead based on recent weeks of token turmoil, venture investors looking to get their hands on a Web3 future aren't slowing down.

25.05 / 20:23

Blockchain Ethereum Provident Lowe's MakerDAO [MKR]: This report card should be considered before exiting

With the claims of building the world’s first unbiased currency and leading decentralized stablecoin, DAI, MakerDAO is a decentralized organization built on the Ethereum blockchain providing liquidity to its users.

25.05 / 19:39

Blockchain Adoption Mining guidelines Tax guidelines for crypto mining pass the first reading in Kazakhstan

Kazakhstan, one of the global leaders in crypto mining with a recent history of hostile measures against the industry, is taking a step toward a comprehensive fiscal framework for mining operators.

25.05 / 19:33

Blockchain Ethereum SEC Bitcoin USD 4.5B Crypto Fund, Less Difficult Bitcoin Mining, OTC NFT, Ethereum's Merge + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

25.05 / 19:07

Blockchain Stablecoin YouTube Cryptopedia: Learn the concepts behind stablecoins and how they work

Cointelegraph’s director of video production Jackson DuMont dissected stablecoins in the latest episode of Cryptopedia. DuMont also explored and explained algorithmic stablecoins and the recent incident involving the TerraUSD (UST) and why it was unable to maintain its dollar peg.

25.05 / 19:01

Blockchain Twitter Tether Luna NOT Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse

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25.05 / 18:17

Blockchain Amazon MasterCard Another exec is bullish on crypto; where to now though?

Despite the present market attitude, forward-thinking firms, executives, and investors are optimistic about the crypto-industry’s long-term potential. Harold Bossé, MasterCard’s Vice President of New Product Development and Innovation, believes that crypto-assets and blockchain technology will be widely adopted sooner rather than later.

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