Optimism (OP-USD): This Week’s Top Story

I’m always delighted to see a high-profile crypto launch without a Shiba Inu, ape, or goblin. Optimism (OP-USD) is currently on Binance, Coinbase, and DEXs like Uniswap. Optimism is a “Layer 2” Ethereum scalability solution (ETH-USD). Its OP coin was “airdropped” this week to its users and “Active Ethereum Participants.” If you’re engaged in a … Read more

What Happened to Terra and LUNA?

Terra’s fall and rebirth is one of the year’s major crypto stories. Terra was formerly one of the biggest blockchain initiatives in the world. It does this by splitting Terra Classic (LUNC-USD) and Terra 2.0 (LUNA-USD). Will this boost the ecosphere? Terra is a layer-1 blockchain network that rivals Ethereum (ETH-USD). Terra’s decentralized applications (dapps) … Read more

Fed’s Brainard: We can’t take global status of U.S. dollar for granted

According to Federal Reserve Vice Chair Lael Brainard, the world is swiftly moving toward more usage of digital payments, and an official digital version of the US dollar might help protect the country’s worldwide supremacy when other governments issue their own. According to Federal Reserve Vice Chair Lael Brainard, the world is swiftly moving toward … Read more

TerraUSD Developers Vote to Create New Blockchain Without Failed Stablecoin

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

Fed’s Brainard Sees Case for Central Bank Digital Currency

As crypto-assets and digital currencies produced by other nations grow more popular, Federal Reserve Vice Chair Lael Brainard said on Wednesday that creating an official digital version of the US dollar might assist preserve financial system stability. As crypto-assets and digital currencies produced by other nations grow more popular, Federal Reserve Vice Chair Lael Brainard … Read more