Auto Added by WPeMatico

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed…

Continue ReadingBankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

On April 21, Justin Sun, the founder of Tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody…

Continue ReadingTron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has…

Continue ReadingTerra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

Missed Paris Blockchain Week Summit? Here are 5 key takeaways from the event

The event included commentary from CZ, Brad Garlinghouse and Paolo Ardoino on topics of crypto regulation, the SEC lawsuit and European nations adopting digital assets.

Continue ReadingMissed Paris Blockchain Week Summit? Here are 5 key takeaways from the event

Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC

The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin…

Continue ReadingLuna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC