Whilst the whole cryptocurrency sector is tanking to lows not seen since last summer, few coins are having a worse time than TerraUSD (UST), the largest algorithmic stablecoin on the market.
UST, which is supposed to always be worth $1, briefly fell to $0.98 on May 7 following a...
Proof-of-stake blockchain Algorand has scored a partnership with football’s world governing body, FIFA, to become the official blockchain of the upcoming World Cup starting in Qatar in November.
In terms of sponsorship, Algorand will be a FIFA World Cup Qatar 2022 “Regional...
The Central African Republic (CAR) has become the second country in the world to adopt Bitcoin as legal tender, following on from El Salvador's decision in September last year.
Despite being rich in mineral wealth, CAR is one of the world’s poorest countries and has suffered from...
Global banking giant Standard Chartered is following other major competitors journeying into the metaverse by partnering with decentralised gaming platform The Sandbox.
The company’s Hong Kong subsidiary (SCBHK) bought space in The Sandbox’s Mega City district, an area announced...
Blockchain project Terra continues to amass Bitcoin by taking another 4,550 off the market, worth over $206 million. Terra has been following a number of companies – including MicroStrategy, Tesla, Square, and others – in adding Bitcoin to its reserves. Do Kwon, CEO of Terraform Labs, has said his ultimate aim is to have Terra’s… Read more »
Global banking giant Standard Chartered is following other major competitors journeying into the metaverse by partnering with decentralised gaming platform The Sandbox. The company’s Hong Kong subsidiary (SCBHK) bought space in The Sandbox’s Mega City district, an area announced in January alongside a number of Hong Kong partners from various sectors. Led by SC Ventures,… Read more »
Excitement surrounding ETH2, a series of upgrades designed to improve the Ethereum blockchain, is building as the network prepares to transition from mining to staking. Last week Ethereum developers successfully tested the long-awaited merge of the blockchain’s proof-of-work and proof-of-stake chains. Ethereum currently runs on a proof-of-work mechanism, similar to Bitcoin, in which new transactions… Read more »
Ever since the advent of Bitcoin in the latter half of 2012, the idea behind a digital currency has become incredibly popular to investors as more and more people get interested in cryptocurrency. As one would expect, this phenomenon has driven large corporations and even individuals to create and release all sorts of cryptocurrencies in… Read more »
The Central African Republic (CAR) has become the second country in the world to adopt Bitcoin as legal tender, following on from El Salvador’s decision in September last year. Despite being rich in mineral wealth, CAR is one of the world’s poorest countries and has suffered from decades of conflict. According to DataReportal, CAR has… Read more »