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Changpeng Zhao talks about the collapse of LUNA: Do Kwon tried to contact me, but I refused

Terra founder Do Kwon and his company Terraform Labs have relaunched the Terra 2.0 network and built a new blockchain and LUNA token to bring the Terra ecosystem back to life. In response to the LUNA and UST crashes, Changpeng Zhao (CZ), CEO of cryptocurrency exchange leader Binance (CZ), is one of the few industry …

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Rising against the trend in the bear market, what is the magic of the NFT project goblintown.wtf?

Recently, the shadow of the bear market has gradually spread to the NFT market. According to Google Trend data, the search popularity of NFTs dropped to 26 in May, a decrease of 74% from the peak of 100 set in January. The monthly trading volume of the NFT market reached a record high of $16.54 billion …

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【MICA RESEARCH】If U.S. stocks end the rebound, the cryptocurrency market may be hit

The performance of the cryptocurrency market was not satisfactory last week. The Nasdaq index in the United States rebounded by 8% within a week, but the price of Bitcoin was still fluctuating in the price range of $30,000. There was no buying like the US stock market. We thought that cryptocurrencies were expected to rebound …

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Solana mainnet crashed again! The native token SOL collapsed by 13%

Solana mainnet , known as the “Ethereum Killer”, failed again in the early morning of this (2) day. The blockchain stopped producing blocks, could not process transactions, and was disconnected for more than 4 hours. However, according to the blockchain browser Solana Beach It shows that the last transaction is still stuck 6 hours ago. The mainnet shutdown coincided …

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New York State Passes Bill “Restricting Cryptocurrency Mining”! V God: I oppose “ban PoW”

The New York State Senate earlier passed a bill to impose a two-year ban on cryptocurrency mining, becoming the first state in the United States to restrict cryptocurrency mining. In response, Ethereum co-founder Vitalik Buterin tweeted that he personally opposes the government’s ban on Proof of Work (PoW). Last week, the New York State Senate passed …

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StepN Business Experience: Earn 3 million in 3 months, but “don’t even think of taking a penny home”

On May 21, Zhu Xiaohu, the managing partner of Beijing Jinshajiang Venture Capital, a self-proclaimed “conservative” investor, bought a pair of StepN running shoes, and said in a circle of friends that he earned $30 on the first day of running and is expected to pay back his capital in 3 months. “StepN’s economic model …

StepN Business Experience: Earn 3 million in 3 months, but “don’t even think of taking a penny home” Read More »

Russia plans to use cryptocurrencies for international trade? Central Bank: Open

Earlier this week, Russia’s finance ministry said it was considering allowing cryptocurrencies to be used for international trade settlements in order to offset the impact of Western sanctions. According to Reuters , Russia’s central bank, which had called for a ban on cryptocurrencies, said recently that it is not interested in the above-mentioned concerns . The proposal is …

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Will we experience another “crypto winter” like 2018?

The young cryptocurrency market is facing the most pivotal period in its history. Bitcoin has fallen 55% since reaching an all-time high of $69,000 in November 2021. Just a few weeks ago, Terra, the second-largest DeFi ecosystem, collapsed in the largest catastrophic event in the history of the cryptocurrency market. Retail, institutional and even corporate investors lost …

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Don’t listen to persuasion to invest in cryptocurrencies! ECB president: Obviously ‘worthless’

While European Central Bank (ECB) President Christine Lagarde believes that cryptocurrencies are “worthless” and even stressed that she will never touch cryptocurrencies, her son clearly has a different opinion. Lagarde recently accepted an exclusive interview with the Dutch talk show “College Tour”. When asked by the audience whether she held any cryptocurrencies, she admitted that she did …

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The collapse of UST and LUNA sounded the alarm! Regulations in various countries point to the cryptocurrency market

The impact of the collapse of the Terra algorithm stablecoin UST and the governance token LUNA has been transmitted to the outside of the cryptocurrency field, and regulators in various countries have drawn attention back to the cryptocurrency market. On May 8, the algorithmic stable currency UST running on the Terra blockchain was significantly decoupled. …

The collapse of UST and LUNA sounded the alarm! Regulations in various countries point to the cryptocurrency market Read More »