Terra’s tokens were invented by Kwon Do-hyung (aka Do Kwon), a South Korean national. Since the collapse of the two cryptocurrencies, Kwon has come up with a few plans to revive the coins but none has worked so far.
Experts say that the tanking of LUNA is a black swan event, rare but plausible and investors should learn a lesson from the event.
This came as a surprise to the crypto community as Dr Doom is a longtime crypto skeptic who called Bitcoin “the mother of all bubbles.”
Some of the world’s biggest brands, including Microsoft, Starbucks, and AT&T, are already accepting digital currencies.
The round valued Zora at $600 million, and it also includes investments from Coinbase Ventures, Kindred Ventures, and more.
The bank will hire 100 roles across its institutional clients group (ICG) and associated functions to develop its capabilities in these areas
Cardholders can now instantly convert their cryptocurrencies into a traditional fiat currency that can be spent everywhere that Mastercard is accepted.
NFTs have various advantages, such as helping to verify provenance, and potentially allowing artists to get resale royalties
The auction recorded massive traction with millions joining from across the world within 24 hours
Beijing is exploring digital yuan cross-border payments by joining with Hong Kong, Thailand, UAE and the Bank of International Settlements