The second nation to accept Bitcoin as an official currency will launch a "cryptocurrency center" to raise interest among entrepreneurs in the crypto space and other economic sectors.
The Central African Republic opened...
The fall of Terra is not the only factor that could be generating volatility in the Bitcoin market space, as there are other causes to consider. Goldman and BoFA brought a detailed analysis on the subject.
Billionaire crypto exchange Binance creator Changpeng Zhao highlighted that he is "poor again" after his holdings in Luna crashed down and are now worth just $2,200.
Changpeng Zhao, the leader of the Binance...
A FinCEN official expressed that crypto entities should not wait for the US administration to punish an address involved in illegal or criminal activity to block it.
A senior US Treasury Department official...
The LFG shared the volume of cryptocurrencies they held in their reserves and promised to compensate UST users. The price of TerraUSD dropped from nearly USD 19 billion to below USD 2 billion, severely hitting its...
Former US Federal Reserve Chairman Ben Bernanke expressed criticisms of Bitcoin during an interview. He considers this cryptocurrency an ideal tool for clandestine economic behavior.
Recently, there has been much discussion about the...
Kwon talked to various community members about the crash of LUNA, which was trading at nearly USD 120 in early April. The developer believes that decentralized economies deserve decentralized money but warned that UST would not...
The investor highlighted that he lost that amount for having invested in the Terra ecosystem coins and urged the founder of the project, Do Kwon, to give a public apology for the more than 200,000 investors...
The pioneering cryptocurrency has gone from providing an opportunity and a strategy to becoming an ideology. Large capitals obtain profits through loans in an inflationary environment where the national currency devalues.
Michael Saylor,...
Terra highlighted that they would stake USD 200 million worth of LUNA on recovering the value of UST. The cryptocurrency has devalued massively over the last few days, going from above USD 80 to below USD...