News und Insights

After the epic Terra ecosystem collapse with LUNA and UST going to virtually zero, the project was recently relaunched according to a pre-set revival plan. Following a vote, over 65% of all community members voted in favour of starting Terra as a completely new blockchain.

In an epic but tragic demise, algorithmic stablecoin TerraUSD lost its pegging. This sent LUNA onto a death spiral to zero dragging down the entire Terra Luna ecosystem with it.

The popular instant messaging app Telegram has integrated Bitcoin as well as its cryptocurrency called Toncoin. Users of the app can now send and receive either Bitcoin or Toncoin.

For the first time in its history, decentralised exchange (DEX) protocol Uniswap is faced with a class-action lawsuit. Initiated by an individual called Nessa Risely, who lost a lot of money using crypto’s most famous DEX, two U.S. law firms have joined the action and invited anyone that has lost money as well trading on Uniswap to join the class action lawsuit.

It was taken as a huge relief within the crypto space: The much-discussed proposal to ban Proof-of-Work (PoW) based cryptocurrencies was recently rejected in the EU Parliament. Soon after though, the next wave of trouble came rolling in.

It seems as if the global cryptocurrency space is looking at clearer regulatory guidance to be adopted soon. In the U.S., President Biden’s recent executive order represents the first all-encompassing government approach to clearly lay out proper regulation of crypto assets.

Over the last three years, stablecoins total market capitalisation has tremendously grown from less than 3 billion USD to well over 100 billion USD. At the same time, over the course of this year, between 15 to 30 billion USD have traded in these stablecoins on any given day.

Our bi-weekly Crypto Industry Report provides you with valuable information on the global crypto industry – picked and analysed by our blockchain experts.

Our bi-weekly Crypto Industry Report provides you with valuable information on the global crypto industry – picked and analysed by our blockchain experts.

The concept of DAOs, short for Decentralised Autonomous Organisations, was surely off to a bad start. After all, in April of 2016, the fist DAO project – called The DAO – was launched, only to be hacked about two months later.

The social network company Facebook has officially changed its name to Meta and announced that is wants to become a metaverse company. In a video, Mark Zuckerberg explains his vision of the future and the new direction Meta is pursuing.

Crypto has been quite the talking point in the White House recently. As part of the so-called infrastructure bill, several provisions were proposed that would also affect the nascent blockchain industry.