Seven-day price action remained mostly positive even as industry news ... did not.
Solana wallet Phantom announced Wednesday that it’s rolling out a new update next week to further strengthen its security after it patched a “demonic vulnerability” discovered by blockchain cybersecurity firm Halborn in May of last year.
Mining a Bitcoin block just became easier because some miners have been dropping out of the network to cut their losses The difficulty of mining a bitcoin block fell by 4.3317% to 29.897T at 15:02 UTC on May 25. The bitcoin mining difficulty automatically adjusts every two weeks or so, depending on…
Polygon Studios CEO Ryan Wyatt shared via Twitter yesterday that Polygon—a sidechain built to compliment and help scale Ethereum—is launching a “multi-million dollar fund” called the Terra Developer Fund to help Terra projects move from Do Kwon’s now-infamous and failed blockchain onto Polygon.
Since 2022, the crypto market has continued to be volatile, and the price has dropped by more than 50% since the high point in 2021. Then the price halving did not seem to affect Bitcoin adoption. Crypto is still seeing some exciting developments in redefining ownership and value transfer.
Coinbase ranked second overall in revenue growth among companies on the list, at 514%, trailing only Moderna.
CoinSwitch CEO Ashish Singhal on Sunday called for clearer rules to resolve the regulatory uncertainty in India's cryptocurrency space.
Some saw it coming. In 2018, Cyrus Younessi, an analyst at crypto investment firm Scalar Capital, saw UST’s white paper and immediately warned his boss. The algorithm pegging Kwon’s stablecoin to the greenback, Younessi said, could one day fail and cause a “death spiral” if Terra’s ecosystem was drained of capital too…
On May 14, Terraform Labs co-founder Do Kwon presented a proposal to protect the Terra ecosystem. His proposal comes in response to validators discussing the possibility of forking the Terra chain, which involves compensating UST and LUNA holders who were unable to sell their holdings during last week’s price crash.