What happened? Terra 2.0 Blockchain was launched on May 28, with the issue of new LUNA Tokens and the listing of the asset on the Bybit, KuCoin, Gate.io and Huobi Crypto exchanges. The initial price on Bybit was $0.5. LUNA peaked at $30 (+6000%) shortly after the network’s launch, but then began to drop precipitously and by Monday, May 30, it was down to $5.97 per LUNA.
A detailed look at the largest collections of non-mutually exchangeable digital assets by capitalization.
DFI Money (YFII) Token fell below $400, falling in a few hours by 70%. The reason for the massive sell-off was rumors that the developers are withdrawing money from the project. At the time of publication, the Token recovered to $618, partially reducing its losses.
On May 20, André Cronje proposed changing the liquidation model for sFTM and fUSD, as well as introducing a limit on the issuance of assets in the Fantom network. Amid rumors of the leading DeFi developer’s return, the price of FTM’s native Token rose nearly 40%.
The attempt to equate NFT to the protected results of intellectual activity and means of individualization makes it clear that lawmakers do not understand the nature of NFT, says partner, head of FinTech & Crypto practice of law firm DRC Mikhail Bystrov, writes RBC Crypto.
An unknown person hacked the Discord server of NFT-marketplace OpenSea and published a link to a phishing site. This was reported by PeckShield experts.
The Terraform Labs team began buying Bitcoins to secure the UST stack. Last week it became known about the purchase of another batch of BTC totaling up to $100 million.
The Terraform Labs team began buying Bitcoins to secure the UST stack. Last week it became known about the purchase of another batch of BTC totaling up to $100 million.
Bitcoin.com announced the release of its own token Verse based on ERC-20. This is reported in the documentation of the project.
Dogecoin meme cryptocurrency promoter Matt Wallace said on Twitter that he intends to promote the acceptance of DOGE payments among retailers around the world. However, the Dogecoin Foundation claims that instead of seeking investors for the project, Wallace is trying to raise funding through the creation of a new token called Accept Dogecoin. Dogecoin co-founder Billy Markus, known on Twitter as Shibetoshi Nakamoto, expressed extreme dissatisfaction with the situation.