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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

White Whale: Enabling the UST peg in a decentralized manner

When looking at the Cryptosphere, there are a number of challenges that are immediately present. The maintenance or consistency of the UST (TerraUSD) peg, is one of these challenges. If a stablecoin cannot hold its peg, the entire ecosystem that is built around it can fail. This is not a hypothetical situation, but one that has happened to other algorithmic stable coins, it resulted in the peg being lost and projects dumping to zero. Another issue smaller investors are facing is the “whales”. Whales have been known to manipulate markets,

Floki Inu Price Prediction: FLOKI Eyes 28% Rally To $0.0002613

Floki Inu price has been on a free-fall since November 13 shedding approximately 50% towards the range low at $0.0001343 The appearance of an engulfing bullish candle on Thursday saw FLOKI start  a V-shaped recovery targeting areas beyond $0.0002613. Floki Inu Price V-Shaped Recovery Aims For $0.0002613 FLOKI price formed a V-shaped chart pattern on the Four-hour chart, indicating a sharp recovery. A V-shaped pattern is created when an asset falls significantly and then makes a sustained upswing. For example, Floki INu price currently hovers around $0.0002050 as bulls target

Shiba Inu to get listed on Kraken Before Robinhood, Here’s How it Can Impact $SHIB Price

Shiba Inu ($SHIB) is currently consolidating in the $0.00007-$0.000075 range, looking for another catalyst to rediscover the next bull rally. Many believe a Robinhood listing could the much-needed catalyst for Shiba Inu to rise to new all-time highs (ATH). Although there is no confirmation from the fintech trading app, another prominent crypto exchange has decided to list $SHIB amid its rising popularity. Kraken posted a tweet claiming if the post gets over 2K likes they would list $SHIB token 🐶♥️🐶♥️🐶♥️🐶♥️🐶@brianchoffman said if we get 2,000 likes we will list $SHIB

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary

A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable of delivering on its promise of becoming an alternative store of value or a hedge against inflation. In addition, the strategist also claims bitcoin fails both as a currency and an investment. Although he concedes that Africa has one of the highest cryptocurrency adoption rates,

Phemex: Trade simply and manage risks efficiently

The Phemex exchange was founded in 2019 by a group of experienced Wall Street executives who wanted to build a professional and transparent crypto trading platform with a customer-centric approach. Phemex empowers its users to access the right set of tools in order to manage risks associated with trading crypto. The Phemex Story The team chose the name Phemex in order to highlight their dedication to building a trustworthy trading platform. Pheme is the Greek god of fame which represents the public voice, while MEX stands for mercantile exchange. Together,

Bitcoin (BTC) Whales Care A Little About China’s Crypto Ban, Accumulation Increases

Last Friday, September 24, China intensified its crackdown on crypto making all crypto-related transactions illegal in the country. The investors’ reaction was obvious as the crypto market plunged immediately following the news. advertisement But it seems like Bitcoin whales care a little about the recent China ban. As of press time, Bitcoin (BTC) is trading 4.5% up at a price of $44.030 and a market cap of $827 billion. It means strong whale purchases have recovered almost 80% of the last market dip. Citing data from Santiment, crypto analyst Lark

AxioMed LLC, A KICVentures Group Portfolio Company, Achieved Landmark Patent For Lateral Lumbar Viscoelastic Disc Replacement Medical Device

KICVentures Group portfolio company AxioMed achieved Patent For Lateral Lumbar Viscoelastic Disc Replacement Medical Device there is a sense of urgency in commercializing the AxioMed cervical, lumbar and lateral lumbar viscoelastic disc replacements internationally MALDEN, Mass. (PRWEB) September 18, 2021 AxioMed continues to press its advantages in the artificial total disc replacement market with its investment in lateral lumbar viscoelastic disc technology. At a time when revenues and margins are driving the spine industry, AxioMed chose to venture alone into developing a lateral lumbar viscoelastic disc replacement. We thank the

Why this billionaire investor’s crypto-investment advice has no basis

The “Bitcoin is a bubble” theory has been touted for as long as the digital asset has existed. Despite Bitcoin providing optimum returns over the last few years, many traditional investors have failed to find value in the crypto. Billionaire investor and subprime broker John Paulson is the latest addition to this clique. In a recent interview, Paulson called crypto a bubble that will “eventually prove to be worthless.” Paulson had famously predicted and benefited from the U.S. subprime mortgage crisis in 2008 by placing a successful short position on