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The price of the Terra network’s native LUNA token and the failed stablecoin terraUSD (UST) jumped in the market on Wednesday, after a revival plan for the network officially passed a vote, with 65% voting in favor of the plan. A new Terra blockchain is now expected to launch this Friday, May 27th….
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The new Terra blockchain will be launched in the next couple of days and includes a new distribution of LUNA tokens….
Continue reading on https://decrypt.co/101323/terra-community-votes-approve-do-kwon-plans-revive-project
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Venture capital firm Andreessen Horowitz has raised $4.5 billion for its fourth cryptocurrency fund, bringing its total raised for crypto and blockchain investments to over $7.6 billion….
Continue reading on https://decrypt.co/101321/andreessen-horowitz-announces-new-4-5-billion-crypto-fund
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Even in this bear market, the NFL is bullish on blockchain gaming….
Continue reading on https://decrypt.co/101293/nfl-mythical-games-play-and-own-nft-game-nfl-rivals
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The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu. The comptroller presented his opinion at the DC Blockchain Summit event which took place on May 24 in Washington, D.
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Cryptocurrencies linked to blockchain gaming projects including SAND, AXS, MANA, and GALA have shed at least 8% today….
Continue reading on https://decrypt.co/101226/metaverse-nft-tokens-take-hit-as-crypto-market-battles-bears
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Ukrainian blockchain business Everstake expressed their hope that the government-led Aid for Ukraine organization could benefit from more support from across the world – and this led them to release a rap video featuring animated pigeons and Mykhailo Fedorov, Ukraine’s Deputy Prime Minister and Minister of Digital Transformation….Read More: Watch & ‘Invest in Peace’: Ukrainian Deputy PM Raps to Encourage More Crypto Donations…
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Certain large investment banks are again exploring how blockchain technology and tokenization of assets can make their own operations more efficient – but for some in the crypto community, the banks’ moves in crypto resemble something they have seen before….Read More: Banks Exploring Blockchain, Tokenization Again is a ‘Fire Signal We’re in a Bear Market’…
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At VeeCon, the musician described how he sees blockchain technology changing the world for the better….
Continue reading on https://decrypt.co/101125/pharrell-williams-web3-is-scaring-the-system
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