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Terra Adds $200 Million in AVAX to Bolster UST Stablecoin Reserves

Terraform Labs, the company responsible for the development of Terra, and the Luna foundation Guard (LFG), have purchased a combined $200 million worth of Avalanche ($AVAX) to bolster the reserves of Terra’s UST stablecoin. According to an announcement from Terraform Labs, it swapped $100 million worth of...

Mozilla Foundation Brings Back Crypto Donations, but Leaves out Bitcoin ($BTC) and Other Cryptos

The Mozilla Foundation, a non-profit organization that oversees the Mozilla Corporation, which is behind a number of internet-related applications including the popular Firefox web browser, is resuming cryptocurrency donations, but is leaving out numerous cryptos including Bitcoin ($BTC). According to an announcement from the Mozilla Foundation, it started...

Plunges 13% Below 50-day EMA; Is $20.0 Possible?

WAVES price downtrend shows an increase in the selling pressure that has pushed it past the immediate support level. The current movement could lead to a further crash if WAVES buyers sliced the vital support levels. WAVES price edges lower with significant losses on Friday. The price trades near critical support around $25.0, more downside if the level is broken. WAVES price lost nearly 45% since the beginning of the week.

WAVES price looks for downside continuation

Source: Trading View WAVES price is currently hovering...

Robinhood Announces Launch Of Highly Anticipated Crypto Wallet

Multi-asset trading platform, Robinhood, has finally ended the wait for its crypto wallet feature. Robinhood announced during the Bitcoin 2022 Conference that the wallet is now open to over 2 million users who joined the WenWallet waitlist.

Robinhood gives users full access to their crypto

In a follow-up official release, Robinhood detailed that the wallet enables sending out and receiving all cryptocurrencies traded on the exchange. The goal of developing the feature is to make crypto investment as easy as possible,...

Balancer Jumps Following Vote-Escrow System Launch

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Balancer’s governance token jumped 20% Friday following the protocol’s switch to a vote-escrow tokenomics model.

Introducing veBAL

Another DeFi protocol has adopted Curve Finance’s vote-escrow token model.Balancer, an automated market maker on Ethereum, has completed its switch to a vote-escrow tokenomics model. BAL holders must now lock up their tokens in exchange for veBAL to be able to vote on governance proposals and the Balancer pools to receive boosted rewards. As outlined in the proposal posted to the Balancer...

DeFiChain Adds New dTokens Corresponding to Disney, Intel, MicroStrategy, and iShares MSCI China ETF

Singapore, Singapore, 7th April, 2022, Chainwire The four new decentralized tokens will give users price exposure, not ownership, to the underlying stocks and ETFs without any restrictions DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is thrilled to...

EU Issues Fresh Russia Crypto Sanctions

Key Takeaways

The European Union has imposed a ban on "providing high-value crypto-asset services to Russia.” It says the measures will close "potential loopholes" that allow Russia's rich to use crypto to hide their wealth. Cryptocurrency has played a major role on both sides of the Russia-Ukraine conflict. The West has sounded the alarm on Russians using crypto to evade sanctions, while Ukraine has received over $130 million in crypto donations.

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The EU said that the new measure would...

Southeast Asia’s Largest Bank Wants To Join The Metaverse

Singapore’s DBS Group Holdings is the latest major firm looking to join the rapidly-expanding Metaverse. Jimmy Ng, CIO of DBS, said the bank is exploring ways to provide banking services in the virtual world. He added that they are investing heavily in the bank’s digital transformation.

DBS aims to enter Metaverse with $730m tech fund

In an interview with Nikkei Asia, Jimmy Ng revealed that Southeast Asia’s largest bank is maintaining its practice to invest a fund of 1 billion Singapore...

South Korean Bank Opens First-Ever Corporate Crypto Account

South Korea’s Shinhan Bank has become the first local financial institution to issue cryptocurrency related accounts. The Bank released corporate won accounts to crypto exchange platform Korbit. Earlier, the Korea Federation of Banks (KFB) was looking for a license from the incoming pro-crypto administration for providing digital assets services.

Shinhan bank makes way for crypto-investment

As per reports, this is the first case recorded after the execution of Reporting and Use of Certain Financial Transaction Information act. Earlier, Corporations used to...

Peter Thiel Calls ‘Enemy No. 1′ Warren Buffett A ‘Sociopathic Grandpa’ During Bitcoin 2022 Miami –

Disclaimer: The following article represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.

Peter Thiel, co-founder of PayPal and Palantir Technologies, did not mince words when he announced his “enemies list,” an attempt to call out anti-crypto investors during a keynote address Thursday at Bitcoin 2022 in Miami. During the occasion, the lightning-rod venture investor referred to Berkshire Hathaway Chairman and CEO Warren Buffett...