Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million

On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176 Million in Bitcoin for the UST Decentralized Forex Reserve … Read more

Luna Foundation to Add $100 Million in AVAX to the UST Decentralized Forex Reserve

Following the Luna Foundation Guard’s (LFG) purchase of 5,040 bitcoin on Wednesday, the following day the Singapore-based non-profit announced it will be acquiring $100 million avalanche (AVAX) tokens. LFG detailed on Thursday that the purchase is meant to strategically align the Terra network with Avalanche ecosystems. LFG to Add $100 Million in Avalanche Backing to … Read more

Canadian Musician Grimes Reveals ‘Intergalactic Children’s Metaverse Book’ at Avalanche Summit

At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by the Avalanche Foundation and the non-fungible token (NFT) launchpad OP3N. Grimes Partners With OP3N to Launch ‘a Series … Read more

Defi Protocol Anchor to Implement ‘Semi-Dynamic Earn Rate’ Following Governance Vote

On Thursday, the team behind the lending protocol Anchor announced that a proposal has passed and the decentralized money market will “implement a more sustainable semi-dynamic earn rate.” Following the announcement, the value of the protocol’s native token ANC slipped roughly 2% lower during the last 24 hours. Anchor Protocol Is Changing the Application’s Earn … Read more

Biggest Movers: AVAX, RUNE up Over 10%, as CAKE Surges 20% on Thursday

AVAX was once again higher on Thursday, rising for its fourth consecutive session, as it further cements itself in the crypto top ten. Although RUNE was also trading by as much as 15% higher, it was CAKE that led Thursday’s gainers. Pancakeswap (CAKE) Pancakeswap (CAKE) rose to its highest level in almost four weeks on … Read more

Technical Analysis: QNT, LUNA Lead Monday’s Crypto Rebound

Following a bearish start to the week, the crypto market rallied throughout the afternoon, with quant (QNT) and terra (LUNA) leading the gainers. Earlier losses in bitcoin and ethereum were also lessened, as the overall market was up 1.35% as of writing. Biggest gainers Cryptocurrency markets have been under considerable pressure from bears in the … Read more

Technical Analysis: AVAX Enters Crypto Top 10, as NEO, THETA Also Gain

AVAX climbed into the cryptocurrency top ten on Wednesday, following a three-day winning streak. Today’s move comes as THETA and NEO were also higher, despite the current market uncertainty. Biggest gainers Although the majority of the crypto top 100 was underneath a red wave, there were a few exceptions, which managed to surf above this. … Read more

Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum

The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form — Topps 1952 Mickey Mantle card. The Topps 1 of 1 “Timeless Collectible” will be issued as a non-fungible token (NFT) and sold on … Read more

Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday

Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term investors bought the crypto dip. Biggest gainers … Read more

Report Highlights Tech Firm Ryval’s Avalanche-Powered Litigation Tokenization Concept

According to a recent interview, trial lawyer Kyle Roche from the legal firm Roche Freedman LLP has started a tech startup called Ryval that aims to be “the stock market of litigation financing.” The firm plans to launch during the first quarter and allow people to leverage tokens in order to wager on civil lawsuits. … Read more