Memetokens, the biggest highlight of the 2021 Crypto pump, have failed to gain momentum this year. The Global Crypto market saw a slight recovery amid highly volatile conditions. The total crypto valuation rose by 3.44% over the last day. Metaverse and gaming category tokens have also managed to register an adequate
The finance ministers and central bankers of the Group of Seven (G7), which comprises the world’s most advanced economies, have once again called for the rapid introduction of comprehensive regulations of cryptoassets in the aftermath of the recent UST stablecoin crash.
There is a chance that the much-anticipated Ethereum (ETH) Merge could happen already this August, according to Ethereum core developer Preston Van Loon. He also suggested that effort is being made to complete The Merge before the next difficulty bomb goes off.
Terra's LUNA continued its third consecutive day of sliding as the token fell 96% in the past 24 hours to reach price levels previously seen in August 2021. Anchor, the decentralized finance (DeFi) platform that provides yields on UST deposits, saw total value locked (TVL) fall by $11 billion in the past two days. The drop came after TVL peaked at $17 billion just a week ago.
ETHEREUM has become the latest cryptocurrency to plummet in a market-wide crash that's costing investors "billions". The cryptocurrency coin has been particularly hard hit and lost 24 per cent of its value in the last seven days. It comes hot on the heels of the Terra (LUNA) cryptocurrency falling by more than 99 per cent
The demise of the TerraUSD algorithmic stablecoin and its sibling token Luna this week has consequences for the whole crypto community. Terra Luna $45 Billion First, consider the immediate impact: The fast collapse of a once-popular pair of cryptocurrencies sent shockwaves through the sector, leading to collapsing coin values that wiped out hundreds of billions of dollars in market value and fueled concerns about the potential fragility of digital-asset projects.