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It required just 7 days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 12th. As the market slowly got clarity on what transpired, the trading volume of LUNA witnessed a steep recovery roughly above 200% over the weekend.
NFTs’ popularity has soared in recent years, with the market expected to hit a $40 billion valuation in 2021 and continue to grow in 2022. Kraken
Yuga Labs, the company behind the “Bored Ape” series of NFTs, has raised approximately $285 million worth in cryptocurrencies through the sale of tokens that represent land in a virtual world game it claims to be developing
In 2021-2022, TrueUSD (TUSD) has established itself as a reliable and secure asset for digital transactions; as such, its list of integrations has added new partnership
FLUID, the ultra-low latency liquidity aggregator that uses AI quant-based model to tackle fragmented liquidity in virtual asset markets
Oasis.app, the platform enabling DeFi users to borrow and multiply their exposure to cryptocurrencies, as well as earn on their assets, has raised $6 million in funding during a Series A funding
Binance, the world’s largest cryptocurrency exchange, now allows staking Terra’s UST stablecoin. It is possible to earn up to 19.63% annual percentage yield (APY).
It is no news anymore that nested exchanges are preferred by the masses due to enforcing minimal Know – your –customers(KYC) and anti-money laundering(AML) requirements.
The price of Terra, LUNA hits its all-time high of $117.70 earlier today. As provided by the coin market cap, the Terra is up more than 7% over the last 24hours.
The inverse Finance hacks result in a loss of $15 million which has nothing to do with a smart contract.
