The BSTX exchange won approval from U.S. regulators for a plan to use blockchain technology to fuel key aspects stock trading. The approval, announced on the SEC’s website late Thursday, is being hailed by some as a milestone in a push for regulated crypto markets. However, the SEC said in its filing that the go-ahead […]

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Traders are buying declines in SHIB, as seen by the new ATH in wallet holdings. Crypto whales seized the opportunity

The post has appeared first on thenewscrypto.com

Cryptocurrency is under attack from some influential individuals who are bent on sneaking in harmful bills through the U.S. Senate, pushing those bills to be passed as laws, and in this way bringing the entire industry to its knees. The latest effort is through a proposed so-called America COMPETES Act. The proposed bill contains elements […]

An age-old saying states that there are only two certainties in life: Death and taxes. Whoever came up with that saying clearly coined the phrase before crypto, I would add one more to that list, and that is fees! Not all exchanges are created equal in terms of fees, asset support, rewards distributions, features etc., which is […]

The post OKcoin-Fee Free Earning and Low Fee Trading! appeared first on Coin Bureau.

I was doing my Advent of UI Components, and I stumbled upon the from-font value for the text-decoration-thickness CSS property. I was curious about it, so I did a little research and I think what I found (and learned) …

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The CSS from-font Value Explained in 4 Demos originally published on CSS-Tricks. You should get the newsletter and become a supporter.

LUNA has been dropping sharply in the past few days, deeper than larger cryptocurrencies. As of press time, Terra’s native token moves on critical support barely above $50 with a 16.4% loss in the last 24 hours. Related Reading | Terra Announces Non-Profit ‘Luna Foundation Guard’ According to Wu Blockchain, the token lost as much as 20% in the last day. Apparently, retail investors have been panic selling their LUNA funds due to concerns about several of its dApps and UST. The latter is one of many stablecoins operating on the Terra ecosystem which is based on a supply and demand mechanism to maintain its peg. As NewsBTC reported back in December, UST has been gaining relevance across the DeFi sectors. The stablecoin allows holders access to the Anchor Protocol, Terra-based lending and borrowing application that consistently offered its users a 19.5% compounding yield on their UST deposits. This rate surpasses that of its competitors, some of which have issues offering a 10% yield with similar products. However, the current downtrend in the crypto market has heavily impacted LUNA and the Terra ecosystem. Some users believe the ecosystem as a whole could be in danger as a result of a reduction in Anchor’s reserves which according to some projections could reach $0 in the coming weeks. Without these funds, the protocol would be unable to pay off its users and due to Terra’s mechanism, it could trigger a fresh leg down across its assets. The pegged in UST has been offered in the past days, as more users seem to believe this theory. Thus, panic spreads amongst sellers looking to mitigate their losses. As of press time, UST has seen an important recovery as it hit a multi-month low of 0.98 versus the U.S. dollar. Terra (LUNA) Inventor Addresses Concerns Around Anchor Do Kwon, co-founder, and CEO of Terraform Labs, the entity behind Terra’s ecosystem, recently addressed the controversy generated around Anchor and UST. In an attempt to counterbalance the FUD, as some LUNA holder has called it, Do Kwon emphasized Anchor’s objectives. The first, he wrote on a Twitter thread, is to make market yields on stablecoins less volatile, while increasing the capital efficiency of the platform. Anchor’s Yield Reserve is a “centerpiece” to address these issues, but this component of the protocol can operate with a surplus or a deficit. Kwon said: Recently as leverage started to wind down from crypto markets, deposits have gone up a lot and borrowing down. The yield reserve has been running at a deficit to maintain the deposit yield. Users seem to believe that the Yield Reserve, Kwon said, should “always operate at a surplus”, and that the YR depletion will “have disastrous consequences”. The co-founder of Terraform Labs said that Anchor’s Yield Reserve was always designed to be used on current market conditions. On the second widespread concern by users, Kwon said that if the protocol runs out of funds in its Yield Reserve, it will “operate as a regular money market” still offering users around 15% to 16% in incentives. Therefore, he concluded that the protocol, and by extension the ecosystem, “will be fine”. Related Reading | NEAR Records 70% Rally On Terra Integration, Will It Close The Year In Profit? In the future, the team at Terraform Labs will make improvements to reduce “LUNA dominance in Anchor collateral under 40%”. In that way, a similar situation could be prevented. In the meantime, Kwon said: I am resolved to find ways of subsidizing the yield reserve. Anchor is still in the growth phase, and maintaining the most attractive yield in DeFi stable will strengthen that growth & build up moats.

The euphoric sentiment of October and early November has long since evaporated. The early December drop in the crypto market saw the price of Solana drop below the $200 mark, and since then the price established a shift in market structure to bearish. Repeated waves of selling have brought Solana prices to $90 at the […]

The next big threat to corporate security may not be a new strain of malware or innovative attacker tactics, techniques, and processes. It may be our own mental health.

El Salvador captured attention from around the globe when it launched its Bitcoin wallet. Now Chivo's users are reporting a host of problems.

The post El Salvador’s Chivo wallet keeps breaking, and users are seeking answers appeared first on The Block.

On this episode of The Scoop, Head of Growth at Parallel NFT Franklin Fitch and artist Dave Krugman joined host Frank Chaparro to discuss how NFTs are radically transforming the relationship between creators and the art market, as well as the gaming industry.

The post NFT creators explain why this technology has ‘so much more depth’ than a profile picture appeared first on The Block.

On January 27, Glassnodes’ data revealed that the Ethereum hashrate just reached a new all-time high – 1.11 PH/s (1.11 quadrillion hashes per second) at the moment – breaking its previous record of 1.08 PH/s. Hashrate is an indicator that presents computing power of the entire Ethereum network. The new record was set less than [...]

The post Ethereum Hashrate Reaches New All-Time High appeared first on Blockonomi.