A mismatch in the reported price of underlying assets on synthetic assets DeFi platform Mirror Protocol has caused an ongoing exploit that has the potential to drain all of its funds. The exploit was observed on May 29 by governance participant ‘Mirroruser’ on the protocol’s forum. As of the time of writing, the mBTC, mDOT, mETH, and mGLXY synthetic asset […]

The new installment of Ni No Kuni, an RPG franchise brought by independent gaming studio Level 5 and animated by Studio Ghibli, has launched with blockchain elements present. The game, which has been designed for mobile and PC platforms, introduces a token system that lets players use their earnings outside of the game, and will feature support for NFTs in […]

Paraguay is viewed by many as a potential hot spot for cryptocurrency adoption due to low electricity costs and relatively soft taxation. The government has recognized this opportunity by pushing forward new legislation around digital assets.  On May 25, a bill that regulates cryptocurrency trading, mining and custody was approved by the Paraguayan Congress in a vote of 40 to […]

Ripple (XRP) has announced a $100 million investment in the carbon trading segment, CEO Brad Garlinghouse told Cointelegraph’s Joseph Hall in an interview on the sidelines of the World Economic Forum (WEF) Annual Meeting, which concluded on Thursday.  Garlinghouse noted the rising profile of cryptocurrency at the international summit, comparing his experiences over the last several years. “As leaders across […]

MetaBlaze opens its NFT Presale of the MetaGoblin NFT collection. A collection of mystical Goblins with futuristic accessories. Seeking to set a new standard in the NFT world, the NFT collection brings high-end artistry and empowering utilities designed to bring more real-world value to the web 3 community. MetaBlaze integrates its NFT collections into a multifaceted ecosystem, building the foundation […]

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock, who are publicly listed in Canada. Bitcoin has finally shown strength after printing 9 red weekly candles in a row for the first time in a while yesterday. Bitcoin broke above $30,000, but it needs to hold the $29,300 level on a retest to suggest continuation to the upside. Relief […]

Adding to the woes is the fact that some South Korean exchanges are wary of listing the new LUNA token. The team might say that Terra 2.0 is the birth of a new blockchain, but investors remain skeptical. However, as the investigations proceed, Terra is going to have a rough time clawing its way back up. Source: Read Full Article

The South Korean government continues to investigate Terraform Labs, the firm behind the Terra Network as well as Luna (LUNC) and Terra USD (UST) tokens, by reportedly summoning subpoenas to employees. South Korean authorities have reportedly summoned all employees at Terraform Labs as part of a full-scale investigation of the collapse of UST and LUNC, the local news agency JTBC […]