Algorithmic Stablecoins – How do They Work and What Risks do They Have?
All stablecoins are believed to be backed by a real-world asset, such as a national currency or precious metal, which is a good assumption to make.
All stablecoins are believed to be backed by a real-world asset, such as a national currency or precious metal, which is a good assumption to make.
DeFi application, Mirror Protocol, has suffered another attack draining over $2 million. Cyber criminals depleted four synthetic asset pools from the protocol, with the potential to
LUNA 2.0 has failed to live up to the expectations that were set from the beginning. Terra (LUNA) was able to announce on Saturday morning that
The Terra community has just passed a governance vote to burn 1.388 billion UST tokens from the project’s community pool and UST deployed for past liquidity
On May 27, LUNA 2.0 was scheduled to be distributed through a public airdrop. There has been an announcement from Terraform Labs, however, that it will
According to a Terra analyst, the synthetic asset trading protocol, ‘Mirror Protocol’, is a scam set up by Do Kwon to be a part of the
There will be a migration and airdrop for LUNA and UST to help the community, and many exchanges will support it. Huobi, Bybit, and KuCoin have
Terra validator, Orbital Command, revealed a plan of action to revive the totaled Terra ecosystem by launching a brand new genesis blockchain- ‘Terra 2’.
There was a 95% Yes vote on the proposal 1299 to (re)enable IBC over the weekend in the Terra ecosystem, whereas there was a 0.01% No
Do Kwon, known as the master of stablecoin Luna and the co-founder of Terraform Labs, answered some questions and criticism about himself and the Luna project
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
© Crypto Economy