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While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion

Bitcoin.com
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth .5 Billion
$2.5 billion
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth .5 BillionIt’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June, Terra’s total value locked (TVL) in decentralized […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets

Bitcoin.com
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
$11.33 High
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow WalletsAfter climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1 blockchain. In addition to the defi projects […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols

Bitcoin.com
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
Aave
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi ProtocolsIn mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

Bitcoin.com
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
Astroport
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi ProtocolsOn January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes […]
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South African Firm Altvest Capital Adds Bitcoin to Treasury

South African Firm Altvest Capital Adds Bitcoin to Treasury

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