by Crypto University | May 9, 2022 | News, Weekly Recap
Polkadot founder announces a big investment of $774 million development fund for DeFi: Polkadot, which was founded by Wood, presently has 18,936,300 DOT in its treasury, which, according to the founder, can be utilized to fund anything that the network’s...
by Crypto University | May 9, 2022 | News, Weekly Recap
Cardano is becoming the attention of the moment from beginners to experienced investors regarding the low fees, the fast transactions, and technological developments as SundaeSwap. The establishment of a $500k fund, the next stage of Project Catalyst, as part of the...
by Crypto University | May 9, 2022 | News, Weekly Recap
NVIDIA was fined $5.5 million for its cryptocurrency mining regulations that were unsuitable. To settle claims that it failed to disclose the impact of cryptocurrency mining on its gaming business, Nvidia NVDA 0.90% will pay a $5.5 million fine to the Securities and...
by Crypto University | May 9, 2022 | News, Weekly Recap
TerraUSD Briefly Loses $1 Peg Terra’s native stablecoin, TerraUSD (UST), the third-largest stablecoin, briefly lost its peg, trading at $0.98 on Sunday. This occurred because of the selling-off of $300 million worth of UST tokens on Curve, a decentralized finance...
by Pedro Lopez | May 9, 2022 | Crypto U Research, News & Events, NFT Spotlight
Michael Saylor “Bitcoin is a network that stores digital energy” Michael Saylor (MicroStrategy CEO) kicked off the ninth edition of the MIT Bitcoin Expo event this Saturday, and highlighted the importance of Bitcoin to digital energy. In a conversation with Chris...
by Pedro Lopez | May 7, 2022 | News & Events, Uncategorized
How did Luna get so many Bitcoins? On May 5th, the Luna Foundation bought the Bitcoin equivalent to $1.5 billion to back up its known stablecoin, U.S Terra. Globally, the organization claims to have 80,373 BTC, almost $3 billion After rumors about how Luna positioned...
