New Terra tokens would be sent to previous Terra supporters like app developers, individuals who use their computers to order transactions on the network, and those who still own TerraUSD, Kwon stated in a research forum post on May 16. This is Kwon’s second plan to resurrect the network. Those who lost money when TerraUSD went belly up are seeking for a way out of the dilemma. Experts who have worked in the field for years aren’t optimistic....

The freezing of the accounts was initiated through an Emergency Act invoked by prime minister Justin Trudeau, but the accounts are now being released to the owners, Canada’s CBC reports. The unfreezing only affects protesters who have left the blockade area in downtown Ottawa. The government’s action was confirmed by Canada’s assistant minister of finance, Isabelle Jacques, who appeared before a parliamentary committee on Tuesday, February 23, 2022. The official clarified that it should not be misunderstood that the affected individuals could not access their money since they may hold other accounts....

In this line, Cardano wallet growth accelerated, adding 30,000 wallets in a week amid the FTX collapse. Besides that, the number of Cardano-based smart contracts also surpassed 4,000 for the first time, growing over 300% for the first time this year. According to data acquired by Finbold, Cardano has added 22,327 new staking addresses on average monthly for 13 months. Indeed, figures from Pooltool, a Cardano data aggregation tool, indicate that ADA’s staking wallets reached total stake addresses of 1,232,459 on December 9, compared with the 942,117 addresses on November 10, 2021, representing an increase of 290,342 across the 13 months....

Amid the recent growth, the Cardano blockchain average load as of January 7 2021, hit 69.85%, the highest figure since November 2021, when the metric peaked at 76.28%. The blockchain load refers to the utilization of the Cardano blocks. Currently, a full Cardano block is set at 73kb, where a score of 100% indicates that the blocks are full while 0% shows the blocks are empty. Notably, the surge in blockchain load comes after Cardano announced it was increasing the block size by 12....

A red candle for a token means that its closing price was below both the price at which it opened and previously closed. In the case of ADA, this happened for six consecutive months and looks to be on track to occur for a seventh. The monthly red candle streak has been following Cardano since September 2021, with the last green candle glowing in August 2021, as per CoinMarketCap data....

On March 3, the People’s Bank of China (PBOPC), the central bank of the Peoples’ Republic of China, announced that it has successfully clamped down on cryptocurrency transactions in recent years. According to the central bank, the worldwide percentage of Bitcoin transactions that took place in China decreased from “more than 90% to 10%,” implying that the overall number of Bitcoin transactions decreased by 88.88% in the country. In what the PBOC called a “comprehensive clean up and rectification of the financial order,” the central bank revealed it had:...

Besides the rise in withdrawals in September, Chinese gold imports showed a strong increase in August. Both are signs that the gold market in China is potentially recovering. Additionally, local premiums have been going up for three months straight, also signaling high demand for the precious metal, according to schiffgold.com analysts. Gold’s recovery signs It’s worth noting, that gold is increasingly popular as an investment, signaled by the fact that Chinese gold ETFs haven’t reported outflows for four months in a row....

Meanwhile, on Twitter, market participants voiced their concerns about how this development might impact Environmental, Social, and Governance (ESG). This buzzword represents an organization’s actions to minimize environmental, social, and governance impact across the globe. Moreover, western-style shareholder activism is rare in China; however, the conventional awakening to corporate and social responsibility (CSR) is usually linked to years after the 2008 Sichuan Earthquake, when local companies pledged $1.5 billion in recovery funds....

In a press statement, CME Group said the milestone is an indication that investors are warming up to the launched product following a consistent growth of liquidity and participation in the current futures options. According to CME Group Global Head of Equity Index Tim McCourt, the futures is part of the platform’s initiative to cater to institutional investors. Upon launching the Micro Bitcoin futures, CME Group aimed at addressing challenges like the high cost of investing in cryptocurrencies while offering a regulated environment to participate in the digital assets sector....

In a blog post, Zabo did not disclose the deal’s specifics but stressed that it was a “proper” acquisition. According to the founders, the deal should close in the coming weeks. In the post, Zabo also failed to state whether it will offer its services through Coinbase or operate independently. However, Zabo’s workforce of the entire core team will be moving to Coinbase. The founders added that Coinbase offers “amazing opportunities for them to work together”, which informed the deal....

A consent order by the Commodity Futures Trading Commission indicates that the offense occurred between January 2015 and September 2018. The exchange allegedly devised the Hedger and Replicator trading programs to generate misleading orders. The CFTC adds that the wash trades artificially inflated Coinbase trading volumes giving an impression of high liquidity. The inflation consequently appealed to more investors. The investigation also unearthed the role of Coinbase employees in the scheme....

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This new move represents the latest step in relaxing restrictions for the cruise line industry. In short, the CDC program required cruise operators to report the number of cases on ships, maintaining their participation in the program voluntarily. Further, an additional wind in the sails of cruise stocks was provided by China, as premier Li Keqiang at the World Economic Forum on July 19, claimed that China would pursue reopening policies....

Crypto data statistics platform CoinMarketCap’s ‘Price Estimates’ tool allows users to make price predictions for the next six months and see what other people think about them in real-time. Notably, the crypto community’s social Cardano price forecasts indicate a median price of $2,402 on December 30, 2021, which is a $1.08 (or 82.41%) increase from the current ADA price of $1,32. At the time of publication, 82,530 individuals have voted to arrive at an estimate of the median price....

As things stand VET is down by more the 10% in the last 24 hours leaving many cryptocurrency traders to speculate where the DeFi asset will trade come to the end of the month given the volatile nature of the market. In particular, the cryptocurrency community at CoinMarketCap is expressing a great deal of confidence in the price of the token, predicting that VeChain will trade at $0.06589 by the end of May 2022....

The co-founder of Three Arrows, Kyle Davies, claimed in an interview that the company has always believed in crypto and that they still do and that it is “committed to working things out and finding an equitable solution for all our constituents,” The Wall Street Journal reports. As per Nichol Yeo, a lawyer at the legal firm Solitaire LLP who advises Three Arrows, all of the fund’s investors are either wealthy individuals or institutions....

In the last week, the global crypto market sunk below the crucial psychological threshold of $1 trillion, collapsing $165 billion between September 12, when it was trading at $1.068 billion, and $903 billion on September 19, according to data retrieved by Finbold from CoinMarketCap. Notably, the last time the market recorded such a low was on July 14, 2022, a little under two months ago; despite being in a more extended bear market, the overall capitalization of cryptocurrencies had been battling to hold support above $1 trillion during this time....

If you want to learn how to trade cryptocurrency, you’re at the right place. There are mountains of information available on the internet, which could easily overwhelm anyone, including a seasoned trader. To help you out, we have created this detailed guide to cryptocurrency trading for beginners updated for 2022. What is cryptocurrency? The difference is that unlike conventional currencies such as the U.S. dollar, cryptocurrencies are often not controlled by a single entity....

About CXIP Founded in 2021 by intellectual property lawyer Jeff Gluck, CXIP is a non-fungible token (NFT) minting protocol designed for digital creators, based in California, United States. CXIP provides creators with a platform to mint NFTs with personal smart contracts, verifiable provenance, enhanced royalties, and cutting-edge security. The purpose of CXIP is to assist all market players in adopting this enhanced and standardized minting technology, in turn helping to ensure the consistency and compatibility of the crypto art sector....

Gold prices have gained 4.67% since the start of February, hitting a multi-month high. And thus accelerating the trade volume of gold-backed stablecoins, which are digital tokens backed by physical gold. According to a report by Kaiko, the two largest gold-backed stablecoins by trade volume are Tether Gold (XAUT), with a market cap of $200 million, and PAX Gold (PAXG), with a market cap of $420 million. Fascinatingly, PAX Gold volumes have practically doubled since September and Tether Gold volumes have seen a subtle burst in trading....