Far more basic than other fitness apps yet strangely hypnotic.

BitMEX, a crypto derivatives exchange & DeFi exchange platform, announced today that it will soon support Ether (ETH) on the BitMEX Spot Exchange. Coming in Q2 2022, BitMEX users will be able to: Buy –  purchase ETH in just a few clicks. BitMEX already supports 36 fiat currencies, and users will now be able to buy […]

The post Crypto exchange platform BitMEX to support spot trading of ETH in Q2 appeared first on CryptoNinjas.

Terraform Labs, the company behind Terra blockchain has announced an additional donation of 12 million LUNA or approximately $1.2 billion to the Luna Foundation Guard (LFG) that will be directed towards its growth and stabilization to maintain the UST dollar peg. Do Kwon, the CEO of Terraform Labs, announced on Twitter that the funds will be utilized to burn and mint its UST stablecoin in order to grow the reserves of the Luna Foundation Guard. TFL has donated 12M additional $Luna to @LFG_org. https://t.co/KOqaABKWZi The funds will be burned to mint $UST, and thereafter used to grow LFG's reserves. At current prices, this reflects another 1.2B incoming addition to the $UST reserves. 🌕 — Do Kwon 🌕 (@stablekwon) March 11, 2022 UST is an algorithmic-based stablecoin in the Terra ecosystem with an exchange rate of 1:1 with the U.S. dollar and is in part maintained by swapping of/for LUNA tokens when its market value deviates from its peg. The burning of $1 in UST results in the minting of $1 in LUNA and vice versa. The purpose behind the recent move is to maintain the stability of UST and its peg to the U.S. dollar. While other stablecoins manage to maintain this peg using various systems, UST relies on its relationship with LUNA, and the arbitrage opportunities that the treasury offers to traders. Earlier last month, the Luna Foundation Guard (LFG) raised another $1 billion through its sale of the LUNA token to build a bitcoin-denominated foreign-exchange reserve for UST.

The post Terraform Donates Additional $1.2B to the Luna Foundation Guard appeared first on Cryptoknowmics-Crypto News and Media Platform.

Good news for Demeo players! All existing and future owners of Demeo on VR platforms will receive a free copy of the PC edition, launching next month.

BitMEX, a crypto derivatives & DeFi exchange, announced today that the company’s new mobile app is now in beta testing with 200 BitMEX users partaking. Sometime in early April, the app will be available to the public for both iOS and Android. The following functions will be available on the new mobile app: View and […]

The post New mobile app for crypto exchange BitMEX enters beta testing appeared first on CryptoNinjas.

Visa has entered into a strategic partnership with Vietnamese electronic payment solutions provider VNPAY to enhance the digital payments experience in the country. The partnership aims to make cashless payment

The post Visa Partners With VNPAY for Digital Payments Push in Vietnam appeared first on Fintech Singapore.

How stocks correlation, Grayscale, Russia, stablecoins, rate hikes and more are impacting the bitcoin price today.

Investors are often lured to DeFi by the four-digit APYs on offer, but in many instances, impermanent loss actually siphons away any potential profits investors might have accrued.

Even in the relatively early days in which we live, the inherent flexibility of blockchain technology has resulted in a broad swathe of use cases.

Ferrum Network, a cross-blockchain service company & ecosystem, has now announced it will integrate the zkSync Ethereum layer-2 scaling solution into its suite of products. This synergy comes following Ferrum’s participation in the Series B round for Matter Labs, creator of zkSync.  zkSync is a user-centric zero-knowledge (ZK)-rollup platform for Ethereum and is live on […]

The post Ferrum Network integrating Matter Labs’ zkSync into its ecosystem, staking, and aggregator products appeared first on CryptoNinjas.

The way we communicate is changing. Nowhere is this more starkly shown than in the rise of instant messaging platforms, which have seen exponential growth in recent years. Picking up the phone to talk to someone is becoming increasingly rare, as more and more people use instant messaging apps to chat and share content. Phone […]

The post The Top 10 Crypto Telegram Channels appeared first on Coin Bureau.

It isn’t a good idea to invest in an asset that you don’t know how to cash out. Be it Bitcoin or traditional assets,...