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NEAR developers to get seamless Web3 app deployment with Pocket Network

NEAR developers to get seamless Web3 app deployment with Pocket Network

by Arijit Sarkar | May 17, 2022 | Uncategorized

According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more. Pocket Network (POKT), a relay infrastructure middleware protocol,...
UK Treasury en route to legalizing stablecoins amid Terra's UST crash

UK Treasury en route to legalizing stablecoins amid Terra's UST crash

by Arijit Sarkar | May 16, 2022 | Uncategorized

During the Queen’s Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow. United Kingdom’s Department of Treasury, or Her Majesty’s Treasury, has reportedly...
Binance CEO CZ to support Terra community but expects more transparency

Binance CEO CZ to support Terra community but expects more transparency

by Arijit Sarkar | May 15, 2022 | Uncategorized

Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.” Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving...
Terra (LUNA) trading volume surge 200% as market adjusts to death spiral

Terra (LUNA) trading volume surge 200% as market adjusts to death spiral

by Arijit Sarkar | May 15, 2022 | Uncategorized

Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices...
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x

Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x

by Arijit Sarkar | May 14, 2022 | Uncategorized

On May 13, Crypto.com abruptly barred users from trading after an internal tool detected the system quoting incorrect prices for LUNA. Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of...
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