iTuber Crypto News

2022-05-13 17:32:32 The Terra blockchain, validators appear to have thrown in the towel, deciding for a second — and this time indefinite — halt, late Thursday.

Binance and Coinbase have or will shortly suspend trading on LUNA.

More info: https://bit.ly/3PcLXF4 Open / Comment

2022-05-13 13:38:31 The United Arab Emirates, intends to use cutting-edge digital technologies such as blockchain, metaverse, and cryptocurrency.

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2022-05-13 11:30:25 The spot trading pairs to be removed included LUNA/BTC, LUNA/BIDR, LUNA/AUD, LUNA/BNB, LUNA/ETH, LUNA/USDT, LUNA/GBP, LUNA/BRL, LUNA/TRY, and LUNA/EUR.

It was also ceasing trading activity for the UST stablecoin, removing the following pairs: BTC/UST, LUNA/UST, ETH/UST, BNB/UST, and UST/USDT. The company also axed the BUSD-margined perpetual contract LUNA/BUSD.

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2022-05-12 17:15:09 The Shanghai High People’s Court ruled that Bitcoin has a ‘certain economic value’ and is a virtual asset protected by the country’s laws.

“In actual trial practice, the People’s Court has formed a unified opinion on the legal position of bitcoin, and identified it as virtual property <…> Bitcoin has a certain economic value and according to the attributes of property, the rule of law of property rights is applied for protection,” the ruling reads.

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2022-05-12 13:25:46 Binance’s derivatives arm Binance Futures has delisted coin-margined LUNA perpetual contracts, the firm officially announced.

More info: https://bit.ly/3sqkxlt Open / Comment

2022-05-12 12:55:21 Australia’s first three cryptocurrency exchange-traded funds (ETF) launched on the Cboe exchange on Thursday, bringing Bitcoin and Ethereum products to the stock market.

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2022-05-12 11:06:43 The Fear and Greed index is at its maximum

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2022-05-12 10:13:39 Today, the crypto market is in the red zone. Bitcoin is trading at $26,950 and Ether at $1,826.

More info: https://www.coingecko.com/ Open / Comment

2022-05-11 19:04:51 Do Kwon, the CEO of Terra creator Terraform Labs, was one of the pseudonymous co-founders behind the failed algorithmic stablecoin Basis Cash.

Basis Cash (BAC) never achieved its target of dollar parity, sank below $1 in early 2021 and was trading well below 1 cent.

More info: https://bit.ly/3yuFmjj Open / Comment

2022-05-11 16:11:21 Mr. Kwon proposed major changes to the LUNA/UST balance design in order to accelerate the process of "absorbing" TerraUSD (UST) stablecoins, which is now avaliable with a 57% "discount" to its intended peg to $1 equivalent.

More info: https://bit.ly/3L4dqpj Open / Comment