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Latest from Shaurya Malwa
Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
The proposal comes amid ongoing concerns regarding the long-term stability of Terra tokens LUNA and UST.
Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST
LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.
Tether Loses $1 Peg, Bitcoin Drops to 2020 Levels of Near $24K
Weak sentiment around stablecoins may have contributed to USDT’s depegging Thursday morning.
Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
The past 24 hours were among of the biggest crypto market drops in recent months.
First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.
Bancor 3 Goes Live With Polygon, Yearn, Others as Partners
The new features aim to make DeFi staking easier for DAOs and their token holders.
Terra Founder Do Kwon Supports Community's UST Proposal, LUNA Slides
The proposal seeks to bring UST back to its intended $1 peg.
UST Falls to 35 Cents, Terra Futures See $106M in Liquidations
Some 58% of LUNA traders were betting on higher prices even as the tokens fell yesterday.
Terra’s LUNA Drops to Almost $1 After 90% Weekly Plunge
Value locked on Anchor, Terra’s largest DeFi protocol, dropped some $11 billion in the past two days.
Boba Network to Offer Lower Gas Fees on Ethereum via BOBA Token
The network has implemented single-token gas payments on its blockchain, allowing users to pay 25% less in gas fees if they use BOBA instead of ether.
