Terra’s Defi value hits record high $21.8 billion, what does it mean for Luna?
Terra, the second-largest Defi blockchain, saw its total value locked (TVL) hit a new high on Tuesday amid a rising number of deposits. Defi Llama data showed that TVL on the Terra blockchain increased by roughly 5% to a new high of $21.8 billion. The blockchain is now behind only Ethereum in terms of TVL, […]
Can NEAR Token Rival Terra With Its New Stablecoin Launch?
NEAR, the eponymous protocol’s native currency soared on Tuesday as the blockchain’s long-awaited stablecoin, USN, began trading. NEAR jumped nearly 10% from a three-week low and is currently trading at about $14.8. However, the token is still down 12% over the past week as a result of broader losses in the crypto market. Trading in […]
Bitcoin whales buy the dips in this correction, BTC moves above $40k
Bitcoin is back above $40,000 after seeing severe selling pressure over the weekend. Bitcoin is currently trading 4% higher at a price of $40,536 with a market cap of $770 billion as of press time. As the BTC price fell below $39,000 late Sunday, whales appeared to be active in buying the dips. Citing data […]
Nissan and Toyota prepare to enter the Metaverse
Japanese automakers Nissan and Toyota are looking into metaverse advancements in order to provide new experiences for their customers. According to the source, Nissan’s primary focus is on establishing virtual reality rooms for its consumers, Toyota wants to open up new access so that interested employees can communicate with one another using their digital avatars […]
Binance launches Visa crypto card for Ukrainian refugees
Binance cryptocurrency exchange has launched a crypto card that allows Ukrainian refugees to conduct crypto transactions and receive funds using the Binance Visa Card. Binance announced that it is collaborating with a number of organizations, including Contis, a European banking-as-a-service platform, and the nonprofit organizations Rotary and Palianytsia, to provide refugees affected by the Ukrainian […]