News with the tag "Luna"

Do Kwon, founder of Terraform Labs, may change his plea in the legal proceedings against him, marking a pivotal moment in the case related to the collapse of TerraUSD (UST) and Luna (LUNA).

Vitalik Buterin discusses the benefits and risks of public companies holding Ether (ETH) as part of their treasuries, highlighting the balance between innovation and risk management.

Ethereum's 50% price rally in July 2024, marking its 10th anniversary, was driven by institutional capital inflows, network upgrades, and DeFi ecosystem growth, signaling strong market confidence and a maturing market.

The GENIUS Act provides regulatory clarity for stablecoins, particularly fiat-backed ones like USDC, encouraging institutional growth and innovation in the stablecoin market.

Soluna Holdings secured a $20 million investment to expand its Bitcoin data center in Texas, aiming to add 35 MW of capacity and support both Bitcoin mining and AI computing, leveraging Texas' favorable energy and regulatory environment.

The GENIUS Act aims to reshape the US stablecoin market by introducing a regulatory framework, fostering US dollar integrity, and boosting decentralized finance (DeFi) while balancing innovation and consumer protection.

Arbitrum's ARB token surged 10% following PayPal's announcement to extend PYUSD stablecoin support to Ethereum Layer-2, highlighting the growing role of Layer-2 networks in cost-effective transactions and DeFi adoption.

Cake Wallet's dEURO, a decentralized euro stablecoin backed by BTC, ETH, and XMR, offers overcollateralization benefits and yield opportunities while addressing risks like de-pegging.

Onchain data suggests potential Bitcoin rally due to HODLer dominance and low supply, despite short-term demand weakness and price fluctuations.