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South Korea’s major exchanges have issued warnings about trading of Luna (LUNA) following the crypto’s current price downturn. The price of Luna is down 87% in the last 24-trading period and has fallen 96% from its all-time high of $119 in April. Coinone, one of the “big four” crypto exchanges in So...
Terraform Labs CEO Do Kwon has set out his plan of action to help the stablecoin TerraUSD (UST) return to its dollar peg. In a tweet thread on Wednesday, he acknowledged that the last 72 hours have been extremely tough for the Terra community and that he hopes he can help it to survive. Kwon recogni...
Los Angeles, United States, 11th May, 2022, ChainwireRenowned and respected feminist artist Lina Valentina is preparing to launch her first NFT series. Under the "No More" banner, the collection will solidify women's position within the Web3 environment and denounce domestic violence.  The name...
The prices of Luna (LUNA) and its related stablecoin TerraUSD (UST) are in freefall at the moment, as the entire project appears to be unwinding. UST is an algorithmic stablecoin that's supposed to be pegged to the US dollar. A combination of burn mechanics involving related token Luna are supposed ...
The Metaverse Expo 2022 is a 3 day event held at the Las Vegas Convention Center on 8th - 10th July 2022 that will bring together entrepreneurs, industry experts and crypto enthusiasts in the Metaverse, Gaming and NFT Space. Showcasing a wide range of exhibitors, The Metaverse Expo 2022 featu...
The price of LUNA, the governance token of the Terra blockchain ecosystem, fell sharply on Tuesday. LUNA posted a press-time low of $13.57 against USDT on Binance, the most voluminous spot exchange for the token. LUNA has since recovered as of the time of writing and is trading hands at $14.40. Dat...
Napster, once popular in the early 2000s for peer-to-peer audio file sharing, has been acquired by Hivemind and Algorand, the teams announced today. Emmy Lovell has been named interim CEO of Napster, where she previously served as chief strategy officer, according to her LinkedIn. Lovell is a music ...
Crypto exchange company Coinbase said it incurred a net loss of $430 million during 2022's first quarter. Coinbase's shareholder letter said the firm brought in $1.16 billion in net revenue for the period. The Wall Street estimate for revenue was just under $1.5 billion for the quarter.  Q4 2021's n...
The Luna Foundation Guard (LFG), a Singapore-based non-profit that supports the Terra blockchain ecosystem, is looking to raise more than $1 billion to shore up the UST algorithmic stablecoin after it lost parity with the US dollar, according to three sources familiar with the situation.  Algorithmi...
The team behind the stablecoin Beanstalk is raising $77 million in an over-the-counter loan from private investors as it seeks to revive the project following a major hack last month. On May 7, the Beanstalk DAO — the decentralized autonomous organization that oversees the project – approved a gover...

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