Pointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.” 16899 Total views 7 Total shares Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving LUNA and UST ecosystems. Following up on […]
Despite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14. 27532 Total views 41 Total shares It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on […]
At the beginning of May, the British Web3 community celebrated an important legal precedent — the High Court of Justice in London, the closest analog to the United States Supreme Court, has ruled that nonfungible tokens (NFT) represent “private property.” There is a caveat, though: In the court’s ruling, this private property status does not […]
Shares of Apple Inc. AAPL, +3.19% sank 4.7% in afternoon trading Thursday, putting them on track to close at a seven-month low. After sinking 5.2% on Wednesday, the technology behemoth’s stock has now lost 9.6% in two days, the worst two-day performance since it dove 9.9% in the two days ended Sept. 3, 2020. Apple […]