IMF called unbacked stablecoins a pyramid scheme

May 24, 2022

IMF called unbacked stablecoins a pyramid scheme

The organization’s head Kristalina Georgieva made such a statement in the wake of the collapse of the Terra blockchain ecosystem

PayPal announced blockchain and all types of cryptocurrency integrations to its system

May 24, 2022

PayPal announced blockchain and all types of cryptocurrency integrations to its system

In particular, the company intends to work with central bank digital currencies

Terra representatives proposed creating new network instead of holding a hard fork

May 24, 2022

Terra representatives proposed creating new network instead of holding a hard fork

If the decision to create Terra 2.0 is approved, assets and applications will need to be migrated to the new blockchain

CoinDesk announced the launch of the DESK token for rewards

May 24, 2022

CoinDesk announced the launch of the DESK token for rewards

The main function of the token is to encourage an active and loyal audience

Activity on the Ethereum Name Service exceeded the all-time high

May 23, 2022

Activity on the Ethereum Name Service exceeded the all-time high

The number of new registrations since the beginning of May has exceeded 304 000

Avalanche Foundation lost $60 million due to Terra’s collapse

May 23, 2022

Avalanche Foundation lost $60 million due to Terra’s collapse

The head of Ava Labs compared the collapse of the project to the hacking of the Mt. Gox crypto exchange in 2014

Litecoin network strengthened privacy after upgrade

May 21, 2022

Litecoin network strengthened privacy after upgrade

The new protocol uses CoinJoin, a mixing mechanism, and increases the protection of transaction information

Draft law on the legalization of NFTs submitted to Russia’s State Duma

May 20, 2022

Draft law on the legalization of NFTs submitted to Russia’s State Duma

The document is intended to protect holders of non-fungible tokens

Chainalysis released DeFi and NFT transaction analysis tool

May 20, 2022

Chainalysis released DeFi and NFT transaction analysis tool

Storyline allows building a timeline of interactions for specific tokens or addresses

Vitalik Buterin named the release date of Ethereum 2.0

May 20, 2022

Vitalik Buterin named the release date of Ethereum 2.0

The network will switch to the Proof-of-Stake consensus algorithm in August 2022

Galaxy Digital CEO called the reason for Terra’s collapse

May 19, 2022

Galaxy Digital CEO called the reason for Terra’s collapse

Mike Novogratz sees the incident as a consequence of the macroeconomic situation

Football clubs’ tokens up more than 40% after the launch of the Chiliz burning mechanism

May 19, 2022

Football clubs’ tokens up more than 40% after the launch of the Chiliz burning mechanism

The better the results of the playing team, the lower the circulating supply of its tokens becomes