Shiba Inu Cryptocurrency Experiences Significant Surge in Daily Burn Rate

Bulls Push XRP Above $0.65 Resistance, Potential for $1 XRP?

XRP surges 10.5% to $0.68. Can it hit $1? Bitcoin's rise sets stage. SPONGE meme coin gains traction, aiming for $1 faster?

5 must-read articles in the evening | Zhu Su How to lose money from 10 billion U to 0 U?

Recommended reading for tonight: 1. Encryption narrative changes too fast. How to choose encryption narrative for investment; 2. Bixin Ventures: DLC.Link technology and product interpretation; 3. RootData: 2023 Web3 industry development research report and annual list;

Wemade and Whampoa Group Forge $100 Million Web3 Fund

Wemade and Whampoa Digital launch a $100 million Web3 fund to spur growth and innovation in the digital asset industry, especially in the Middle East.

Nexon Invests $100 Million into Web3 Game MapleStory Universe

Originating as an extension of Nexon's iconic MapleStory IP, which gained global popularity since its inception in 2003, MapleStory M transitioned to mobile in October 2016, laying the groundwork for global expansion in July 2018.

MATIC Propels Over $0.75, Is $1 Possible?

MATIC, the native cryptocurrency of Polygon, has recently gained traction, showing a 50% increase in price surge in the last 20 days, amid the optimistic trend circling the cryptocurrency market due to the recently finished Uptober rally.

Understanding Web 3.0 And Its Predecessors, Web 1.0 And Web 2.0

Everyone would agree that the world is becoming increasingly digitized, with the aptly named ‘Web 3.0’ era seemingly just around ...

Ethereum 2.0 Locked ETH Is Holding $15 Billion In Losses

Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 ...

Terra 2.0 (LUNA) Price Hovers at $2.7, Do Kwon Refutes Rumors of Cashing Out $2.7 Billion of Coins

LUNA returns to 0 and 50 billion U.S. dollars is wiped out

From May 8, 2022, UST has been slightly unanchored and has been operating "underwater" for a long time, causing market panic. The giant whales continued to sell UST, and finally formed a death spiral. The lowest price of UST hit $0.21, and LUNA was wiped out.

[Link to FM] UST fell to $0.62, El Salvador bought 500 bitcoins again at an average price of $30,744

According to the FTX market, UST has fallen to $0.62, which has seriously broken the anchor.