[ad_1] Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their investors in return for them staking their native tokens. However, like most deals that
[ad_1] Solana's decline after announcing its network outage Solana, after being plunged with network issues, nosedived by 12%. The network, which was once hailed as one of the fastest blockchains and a challenger to Ethereum, was down on June 1 due to network challenges. This is the second time in the month's space that this will happen to the blockchain network. The chain was forced offline for about four and a half
[ad_1] The United States has initiated a move called quantitative tightening (QT), which may put an end to a decade of unprecedented growth in the crypto market. The initiative will see the Fed shrinking its balance sheet monthly for the next three months by $47.5 billion. This implies that by September this year the balance sheet may shrink by nearly $95 billion and by the end of 2023, be reduced
[ad_1] Advertisment Kevin Prince Boateng is set to tie the knot with Valentina Fradegrada in the Metaverse. The former AC Milan and Barcelona player currently in the Bundesliga will marry the model and businesswoman on Saturday, June 11, all organised down to the smallest detail by number one Italian wedding designer Enzo Miccio. In addition to the usual ceremony, there will also be a celebration in the Metaverse of OVER
[ad_1] Advertisment Japan’s plan to safeguard crypto investors after Terra’s crash.The bill stipulates that only banks, authorized transfer agencies and trust firms can issue stablecoins.Japan’s action is part of a five-year effort to safeguard consumers who invest in crypto. Japan has enacted a significant bill defining the constitutional basis of stablecoins, leapfrogging other nations in the rush to establish support systems around the assets whose tie to other currencies supports
[ad_1] Terra remained the focus of the majority of headlines throughout May for its spiral collapse leading to a loss of over $40 billion in investors’ money. Despite some early resistance from the community and heavy backlash from the likes of Binance CEO Changpeng “CZ” Zhao, Terra co-founder Do Kwon managed to relaunch the collapsed network with a new chain called Terra 2.0 (Phoenix-1).The amended proposal for the relaunch of
[ad_1] Advertisment As Interpol Closes in on the OneCoin Cryptoqueen Ruja Ignatova A Petition filed with the Bulgarian Constitutional Ombudsman in December 2021 alleging the Bulgarian government has failed in its European Union mandated duties to victims of the multibillion dollar OneCoin pyramid scheme headquartered in Sofia resulted in a swift referral to the Bulgarian Chief Prosecutor by the Ministry of Justice in January 2022. The Bulgarian Chief Prosecutor, Ivan
[ad_1] Dework, a startup that aims to be a combination of Trello and LinkedIn for Web3, raised $5 million in a seed funding round co-led by crypto investing giant Paradigm and early-stage venture capital firm Pace Capital.
According to the founder and CEO of Dework, Lonis Hamaili, “The fresh capital will help Dework expand from its current three-person core team and several contributors.”
In a draft blog post provided
[ad_1] Tech guru and billionaire, Elon Musk is in a deadlock with Jackson Palmer, co-founder of Dogecoin (DOGE) over a tweet from Palmer that Musk could remove Twitter bots via a simple coding technique, and also implied Musk has no technical knowledge of coding. The argument between the two DOGE parents surfaced on social media two days after Musk agreed and announced to accept DOGE as a channel to pay
[ad_1] A number of social gatherings have started to take place in the Metaverse as companies across the globe begin to understand the value that virtual interactive environments can have for consumers. It shouldn’t come as a surprise then that Pride Month — a month-long celebration held in June to commemorate the 1969 Stonewall Riots — will be celebrated in various metaverse environments this year. Pride in the Metaverse creates open
