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Terra blockchain fiasco

Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 HoursDuring the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the […]

Tornado Cash verdict has chilling implications for crypto industry

After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks

After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation ShrinksFollowing the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance has slid […]

Tornado Cash verdict has chilling implications for crypto industry