What exactly are Shitcoins? The term’shitcoin’ is debatable, as it may apply to cryptocurrencies with no discernible purpose or meme tokens. The phrase is also used for projects that are possibly cheap or have a market capitalization of less than one billion dollars. If you, like many investors, want to take a chance on the … Read more
According to a tweet from the Terra blockchain protocol, developers behind the failed stablecoin TerraUSD have chosen to ditch the token in favor of building a new blockchain and digital asset weeks after the cryptocurrency crashed. TerraUSD’s value was created by complicated computational procedures, connected to another matched token called Luna, unlike most other major … Read more
The Terra tale will go down in crypto history as one of the most terrible events, as investors continue to bear the brunt of the crisis in one way or another. Arrested Terra Enthusiast Chancers, a Terra fan who streams under the moniker Chancers, was recently detained by South Korean officials. The individual was apprehended … Read more
Have you ever been long a prominent crypto position and see it go away? It was merely a slight decline — nothing to be concerned about. Then you went to your account. Those few droplets turned into a torrent of cash, carving a massive canyon through your bank account. Or maybe you have done your … Read more
On Monday, the Governor of the Bank of England issued yet another anti-crypto warning. Despite the UK’s objectives to foster innovation, these remarks have been made. Governor of the Bank of England, Mark Bailey, spoke about cryptocurrency this week. The crypto market saw its first big ‘Lehmanesque’ fall in the week ending May 13. TerraUSD … Read more