Generative Data Intelligence

Tag: Stablecoin UST

Audit Shows Terra Groups Spent $3.4B to Defend Dollar Peg in UST

Terraform Labs Commissioned Study to Quantify Support for Stablecoin During May Crisis In a bid to quell speculation about how Terra defended its stablecoin UST...

Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy

During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with...

After Buying $500 Million Of Bitcoin, What Will Luna Do With It?

Luna has purchased more than 11,700 bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly?

Onchain: Going $APE, Australia takes charge, Luna’s $10bn Bitcoin bet

Story One

Billionaire Ape Yacht Club

While the NFT market itself may be in the midst of a mini-bear, the energy and money pouring into the space shows little sign of slowing down.

See, for instance, Yuga Labs, the company that created the ludicrously successful Bored Ape Yacht Club NFTs

Which altcoins will take center stage in 2022?

Investors believe Bitcoin will stand its ground this year but in the altcoins world, some rising stars are brimming with potential.

THORChain Activates Feature, 30% Spike Follows, Can Bulls Sustain It?

Up virtually 30% throughout immediately’s trading session, decentralized cross-chain change THORChain (RUNE) trades north of $5.28. One of the highest gainers within the present reduction rally throughout the market, the community has activated artificial property, a brand new characteristic that would appeal to use instances and customers to the platform. Related Reading | Monero And […]

The post THORChain Activates Feature, 30% Spike Follows, Can Bulls Sustain It? appeared first on Bitcoin Upload.

Anchor Nips at Aave’s Heels as Defi Protocol Becomes Second-Largest Lending Application

Anchor Nips at Aave's Heels as Defi Protocol Becomes Second-Largest Lending ApplicationWhile the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]

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