by Lindi Miti | May 12, 2022 | News, Weekly Recap
Do Kwon Shares Plan to Save UST Peg After 15 hours of silence, Terra founder, Do Kwon, outlined the plan to rebuild the Terra Ecosystem and save the algorithmic UST stablecoin peg on a Twitter thread this Wednesday. TerraUSD (UST) fell to $0.22, while LUNA plummeted...
by Lindi Miti | May 11, 2022 | News, Weekly Recap
Meta Partners with Polygon for NFT Push Ryann White, CEO of Polygon, announced on Twitter that 0xPolygon is partnering with Meta, Mark Zuckerburg’s metaverse project, to create an NFT platform for Facebook and Instagram. Meta announced their NFT pilot on...
by Lindi Miti | May 10, 2022 | News, Weekly Recap
Indian GST Council Considers 28% Tax on Crypto. The Indian GST (Goods and Services Tax) Council considers a 28% tax on cryptocurrencies. That is on the back of the 30% on profit cryptocurrency tax imposed on the 1st of April. The Goods and Services Tax...
by Crypto University | May 9, 2022 | News, Weekly Recap
Web 3.0 is the hot topic right now; everyone wants to make some excellent investments with it, and ConsenSys is no exception. The blockchain venture ConsenSys has raised $450 million in a new round of fundraising, bringing its total value to $7 billion. According to...
by Crypto University | May 9, 2022 | News, Weekly Recap
Everyone knows how crucial Binance is for cryptocurrency investments, but this Exchange does not always function well, as is the case in Spain today. The exchange has stopped offering bitcoin derivative services in Spain as part of its effort to become a fully...
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...
