Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
Read More »Terra Community Proposal Granted: Does This Take A Good Turn?
Nine days ago, Do Kwon, founder of Terraform Labs shared his plan to revive the Terra Ecosystem after the stablecoin UST and crypto Luna of Terra faced an intensive downfall in the latest market crash. On 26 May 2022, the Terra community proposal was approved for reviving the crypto. The …
Read More »Terra Launched New Stablecoin: Is This Paving Great Opportunities?
As per reports, Terra launched new stablecoin. Recently, Terra declared the launch of a brand new pseo backed stablecoin on Tron, Ethereum, and polygonal shape as 40 percent of Mexican corporations consider adoption of blockchain. With that, let us have a look at the Luna news update today. USDT, the …
Read More »