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Luna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap

The Luna Foundation Guard, a new decentralized organization developed to support the Luna ecosystem, has been launched last week in Singapore. The institution will offer funding in the form of…

Continue ReadingLuna Foundation Guard Launches to Support UST Peg as Stablecoin Blows Past $11B Market Cap

Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy

The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower…

Continue ReadingBitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy

Maker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero

Rune Christensen, one of the founders of Maker, the decentralized autonomous organization behind the governance of stablecoin DAI, has spoken out against two competitors. He stated that UST, Terra’s dollar-pegged…

Continue ReadingMaker Co-Founder Calls UST and MIM ‘Solid Ponzis’ That Will Go to Zero

2021’s Digital Asset Shuffle: A Myriad of Crypto Market Cap Positions Moved Chaotically This Year

2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also…

Continue Reading2021’s Digital Asset Shuffle: A Myriad of Crypto Market Cap Positions Moved Chaotically This Year