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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

CeloLaunch AMA Session With BeInCrypto

Hi Everyone. Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Stephen (@Stephen_CLA) who is a community manager of CeloLaunch, the first DeFi launchpad on the Celo network.  BeInCrypto (BIC): Community, here is how things will work. I’ll have 10 questions for him. After that, he will pick up 5 out of all the questions you asked before the session. Good luck to you all!Sponsored Sponsored (This AMA has been edited for clarity.) BIC: I would like to ask you something general to kick things off, so please provide

aelf invites partners to extend ecological network by publicizing node election

According to the official announcement shared by the aelf blockchain team on Nov. 18th, 2021, its node election procedure has begun. Blockchain heavyweights like 8BTC, bountyblok, and RockX have already confirmed their participation in aelf’s election process by press time. Starting from November 18th, two seats for new production nodes will be released weekly for six weeks. In other words, a total of 17 production nodes will be elected by the end of this year. The production nodes underly the function of aelf mainnet. Their potency comes together with responsibilities. To become

Aquaris AMA Session With BeInCrypto

Hi Everyone! Welcome to another BeInCrypto AMA Session.Sponsored Sponsored Today we have Andrei (@Andrei_AQUARIS) and Alex (@AlexAQUARIS). They are respectively co-founder and COO of Aquaris.  For the uninitiated, Aquaris is a platform that aims to modernize and optimize the fish product industry using blockchain technology.Sponsored Sponsored BeInCrypto (BIC): Here is how things will work. I’ll have 10 questions for them. After that, they will pick up 5 out of all the questions you asked before the session. Good luck to you all!(This AMA session has been edited for clarity.) BIC:

How To Use Phantom Wallet

Table of Contents What is a Phantom Wallet?  Phantom Wallet is a Solana-based cryptocurrency wallet that enables users to utilize decentralized applications (dapps) and organize digital assets on the Solana blockchain. It creates private keys to secure users’ funds, assets and execute digital transactions.  The wallet is specifically built to help Solana users send, receive, store, swap, and stake tokens on a blockchain. It is non-custodial, has a built-in DEX, and supports the Ledger hardware wallet and Web3 applications.  How To Create Your Phantom Wallet 1. Visit Phantom Wallet’s official

Zaigar Finance: DeFi Platform Launches Game Based on Binary Options

On November 10, Zaigar Finance, a decentralized finance service led by the well-known rewards marketing platform Zaigar, added another feature to its portfolio, Zaigar Options.Sponsored Sponsored Digital asset enthusiasts and DeFi universe enthusiasts can now use their ZAIF tokens to play this simple, fun, and profitable game where you choose whether the value of a coin will go up or down with each spin. In this first moment, platform users can, every hour, make their guess based on the trading value of DOGE – cryptocurrency famous for the unusual tweets

Bitcoin price drops nearly 10% in 24 hours, dips below $60,000

Quick Take The price of bitcoin has declined nearly 10% in the last 24 hours. It fell below $59,000 but has since rebounded slightly. advertisement The price of bitcoin has declined nearly 10% in the last 24 hours, dipping significantly below $60,000 before bouncing back. The drop seems to be triggered by the infrastructure bill signed by U.S. President Joe Biden yesterday, Darius Sit, co-founder of crypto trading firm QCP Capital told The Block. The bill includes tax reporting provisions that require crypto exchanges to report information to both the

Meet the dETH Token, a HODLable Leveraged ETH

The world of finance is being turned on its head thanks to the new wave of innovative Decentralized Finance (DeFi) applications being created. Sponsored Sponsored The transparency and decentralization offered by DeFi protocols are unparalleled, making it impossible for traditional financial services to match. The oldest and most time-tested financial products are now being replicated on the blockchain. Not only that, but we are also witnessing the birth of new and never-before-seen financial services such as cryptocurrency synthetic assets, decentralized exchanges (DEXs), and decentralized insurance, just to name a few.Sponsored

Here’s how crypto-market’s 24/7 trading is setting an example

The past couple of years have witnessed the continued growth of institutional investments flowing into the cryptocurrency market. It includes not only hedge funds and family offices but even pension funds and conservative custody banks parking their funds here. Naturally, this has led to the entangling of traditional and crypto finance, with the latter having profound effects on stock and currency markets. These include the trading times that these markets follow. While cryptocurrency exchanges operate non-stop, traditional exchanges operate only during specific days and time frames. This could change in

U.S. Treasury Department & Israel Form Joint Venture to Combat Cyber Crime

The U.S. and Israel join forces to combat the growing threat of ransomware attacks that often leave fiscal destruction in their wake for the affected victims.Sponsored Sponsored The U.S. Treasury Department is joining forces with Israel to combat the threat of ransomware. The U.S. Deputy Treasury Secretary met with two Israeli officials, the Minister of Finance and the National Cyber Directorate Director-General, to formalize the joint venture launch. The venture seeks to oversee “the development of risk mitigation tools for law enforcement to enhance the efficiency of analytical and enforcement

DAO To Bid On US Constitution’s Rare Copy At Sotheby’s Auction, Here’s Why

A Decentralized Autonomous Organization (DAO) under the name of ConstitutionDAO has raised $3,7 (ETH 820.134) million from a community that intends to buy a rare first printing of the U.S. Constitution during a Sotheby’s high-profile auction meant to happen on November 18th. ConstitutionDAO is currently pooling millions of dollars, aiming to hit $20 million, hoping to “The Constitution in the hands of The People.” The project was announced through Twitter on November 12th and launched the day after. They raised $800k in the span of an hour and then hit