In the last month, the dramatic collapse of Terra’s UST stablecoin and its sister token LUNA have alerted investors to the potential risks associated with stablecoins, particularly algorithmic stablecoins like UST. Read the full article to understand the rise and fall of Luna and TerraUSD.
How did non-fungible tokens change from niche crypto collectibles to a multi-billion dollar business? Before 2021, NFTs were a fringe asset. Over the last 10 years, developers and crypto enthusiasts periodically experimented with non-fungible tokens, from the Rare Pepes that were created on Counterparty as early as 2012 to the now legendary Crypto Punks. Few outside the blockchain ecosystem had heard of them.
Stablecoins share some of their characteristics with fiat currency and some with cryptocurrencies, and form a bridge between the two. Most stablecoins so far have been pegged against the dollar, so that one unit is worth $1, within a certain margin of error.
On March 24th, the first-ever Metaverse Fashion Week kicked off on Decentraland. It brought four days of runway shows, shopping, event venues, after parties, immersive virtual stores by brands such as Dolce & Gabbana or Tommy Hilfiger and panel talks organised by Boson Protocol and CashLabs. Decentraland, powered by the Ethereum blockchain, provided a decentralised,
We are very proud to announce our partnership with BoringDAO. As you know we strongly believe in interoperability and a multichain approach and we think that partnering with BoringDAO is another step towards this direction. BoringDAO is a inter-blockchain hub that enables assets to be freely transferred between different chains, in a cost efficient and
What is the MiCA bill? Regulation has been a hot topic for crypto this month. On March 9, President Biden signed an executive order directing the federal government in the US to implement a strategy for regulating cryptocurrencies. And on March 14, the European Parliament voted on the wording of the Markets in Crypto Assets
The war in Ukraine has generated millions of words and strong emotions. This blog post will not repeat what so many other writers have already said. Instead, one topic which has hit the news is Ukraine’s use of cryptocurrency for donations. While most governments around the world have cautiously welcomed innovation in the crypto sector,
The Ethereum Name Service (ENS) is a hugely important part of the Web3 ecosystem. Skytale recently announced ENS support, and the ENS website now lists us as a dApp in their ecosystem. Let’s take a closer look at how ENS actually works. What is ENS? Which is easier to remember: 0x39dbfdd63fd491a228a5b601e0662a4014540347 or beer.eth? ENS replaces
We are very proud to announce we have integrated Solana and you can now see the balance of your Solana wallets! Solana is a high-performance non EVM blockchain, made by Solana Labs, which is considered by many a potential Ethereum rival thanks to its superior transaction speeds and lower associated costs. For this reason it became very popular in
A DEX is completely different from the centralized model. Decentralized exchanges are simply pieces of software that allow people to trade cryptocurrencies directly with each other. There are more than 100 DEXs out there – so how do you know which ones are best? In this post, we take a look at DEXs (decentralized exchanges)
