With the recent $4.5 billion SEC settlement, Terraform Labs CEO Chris Amani has made the decision to wind down the company and transition Terra into a community project. Amani emphasized the need for the community to take over ownership of the chain, signaling a shift in direction for the project. This move indicates a decentralization
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Cardano, a prominent cryptocurrency, has been the subject of optimistic forecasts from various crypto analysts. One notable analyst, known by the handle @Av_Sebastian on X (formerly Twitter), has predicted a significant surge in the price of Cardano (ADA) to $2. This projection is primarily attributed to the upcoming Chang upgrade, which has generated excitement within
Terraform Labs, the defunct crypto firm behind the Terra blockchain, has recently come to a settlement agreement with the Securities and Exchange Commission (SEC). The SEC has accused the company and its co-founder, Do Kwon, of engaging in fraudulent activities related to the defunct blockchain, resulting in massive losses for investors. As part of the
ENA, the native token of Ethena, has been experiencing significant selling pressure in recent weeks. This has led to a drastic decline in its price, with ENA plummeting to $0.73, marking its lowest level since May 20th. As a consequence, ENA stakers have suffered substantial losses due to this sudden downturn in the token’s value.
Gamee, a hypercasual gaming platform operating under Animoca Brands, has witnessed a surge in activity within its network recently. While initially running its games on the social app Telegram, the pivotal moment that propelled Gamee to new heights was the $15 million hack of Polygon in early 2024. This incident led to the transfer of
Parallel, a groundbreaking NFT-based card game powered by Ethereum, made an impactful debut on the Epic Games Store, marking a significant milestone in the digital gaming realm. With a team of industry veterans from renowned companies like Blizzard, Epic Games, and Ubisoft, Parallel brings a fresh and innovative approach to the gaming industry. Immersive Sci-Fi
In a recent analysis, prominent crypto analyst Dave the Wave provided a bullish narrative for Bitcoin, despite the recent setback in the flagship crypto’s price. He suggested that Bitcoin could potentially rise to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. Dave the Wave also highlighted an ascending diagonal line, which
The cryptocurrency market, led by Bitcoin and Ethereum, recently experienced a surge following the release of the latest US Consumer Price Index (CPI) data. Bitcoin saw a 3.4% increase while Ethereum gained 2.43% over the past 24 hours. Despite this positive movement, the market remains uncertain, with Bitcoin hovering around $70,000 and Ethereum struggling to
In a world where copy trading has become increasingly popular, brokers are constantly searching for advanced solutions to meet the evolving needs of their traders. One such solution that has recently made waves in the industry is B2Copy, the next-generation copy trading platform developed by B2Broker. B2Copy sets itself apart from other platforms by offering
The recent price consolidation of Bitcoin post-halving has sparked various predictions from major crypto analysts. One such analyst, CrediBULL Crypto, has forecasted a significant rise for the flagship cryptocurrency. In a social media post, he confidently stated that Bitcoin would surge to $100,000 in the near future. This optimistic outlook comes after a period of
