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Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

Can Crypto Destabilize Nations? Hillary Clinton believes so

The ex-Democratic presidential candidate against Trump, Hillary Clinton, recently picked a rather conservative stance about crypto, levying the industry as a threat to global economic stability. She spoke remotely at the Bloomberg New Economy Forum on Friday in Singapore, highlighting exclusive challenges that global governments are currently dealing with, including disinformation and artificial intelligence. Furthermore, Clinton put special emphasis on cryptocurrencies under these categories, claiming that they hold the potential to destabilize entire nations. According to Clinton, the decentralized market may take over entire economies, by starting small but gradually

Prepare for the Future of Decentralized Venture Investment with DAOLaunch

Nov 17, 2021 at 13:00 // News Nowadays, Venture capitalists and institutional investors dominate the investment business. The issue is that they may use their capital, network, connections, and brand to negotiate better investment terms and generate significant returns.   Most of these types of transactions take place in a private context. Ordinarily, retail investors do not have access to such opportunities. More than ever, a democratic and realistic approach to start-up investment is required.  This method will boost the start-up industry's competitiveness and innovation. DAOLaunch presents a Decentralized Venture Capital

Introducing GoFungibles’ community governance in the world of crypto

OkDecentralization and Web 3.0 are hot topics in the world right now. A byproduct of blockchain technology is the emerging world of Web 3.0. The idea behind Web 3.0 is that users on the internet will interact with each other and data will be stored in a decentralized way, giving users data privacy and sovereignty. This is different from Web 2.0, where most of the activity on the internet is composed of users interacting with each other and data stored in centralized storage locations that are controlled by large companies.

Toy Companies Hasbro, Funko, and Mattel Turn to Wax as Trusted Partner

William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to his cap as WAX recently completed the rare “hat trick” as the official NFT partner for the toy industry’s “big three” – Funko, Hasbro and Mattel. WAX was already a trusted partner for many, working with

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the

Coinbase Acquires AI Customer Support Startup Agara

Coinbase acquired customer service startup Agara, according to a blog post on Tuesday. The deal is worth somewhere between $40 million and $50 million, TechCrunch reported citing two people familiar with the matter. The deal is expected to close later this year, Coinbase said in its post. Agara’s main product is an artificial intelligence-powered voicebot used in for customer support. Coinbase said it will leverage Agara’s tech to “automate and enhance” its customer experience tools. The deal also adds deep learnings and AI expertise to Coinbase’s existing tech capacity, and

Cryptocurrency News Roundup: Matt Damon Crypto Ad, WWE NFTs, BTC Birthday, Squid Game Crypto Scam

Whether it’s blockchain, cryptocurrencies, or NFTs, we ensure you always know what’s happening in the crypto space. Our mission is to highlight all the most talked-about cryptocurrency news every week, ensuring you don’t miss out on any important information. From companies taking over the NFT space, to bitcoin adoption, and your favorite exchanges making headlines. Everything you need to know about blockchain can be found on Bitcoin Chaser. Let’s take a look at all the cryptocurrency news over the last week, recapped and compiled in an easy-to-digest format, listed below:

DCG Reaches $10 Billion Valuation in Secondary Sale Led by Softbank and Capitalg

Digital Currency Group (DCG), a Manhattan-based, crypto-focused VC conglomerate, has reached a $10 billion dollar valuation in a secondary sale where existing investors sold part of their shares to new ones. The funding round was led by Softbank and also included participation from Capitalg, Google’s investment firm. $700 million worth of shares changed hands via the sale. Digital Currency Group Sells $700 Million in Secondary Sale Round Digital Currency Group (DCG), a crypto-focused company, announced a secondary sale where existing investors sold part of their shares to newcomers to the