The stablecoin issuer USN for NEAR Protocol announced that it could no longer maintain the project because of the decline in the price of NEAR. USN was introduced in April 2022 as a partly algorithmic stablecoin. However, the spectacular collapse of Terra's algorithmic UST stablecoin in May demonstrated the danger of similar projects becoming undercollateralized, which prompted Decentral Bank to make USN solely mintable against USDT deposits. In spite of Decentral's efforts, USN's value fell t

Introduction The first crypto faucet may have been a bitcoin faucet made in 2010 by Gavin Andresen, who was the chief developer of the Bitcoin network at the time. Each person that successfully passed a little captcha received 5 BTC for free. This bitcoin faucet ultimately distributed 19,715 BTC, assisting in the widespread distribution of early BTC ownership. It was crucial in teaching the first generation of bitcoin users, which paved the way for the cryptocurrency's eventual, healthy growth.

Reddit Collectible Avatars recorded a remarkable trading volume of 2.5M USD over the last 24 hours.

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One of the first businesses to produce consumer-grade mobile phone systems, Nokia currently thinks that the metaverse will lead to a decline in the use of phones.  Users will be able to engage in a variety of interactions through these metaverse experiences, which will be enabled by the usage of virtual reality (VR) headsets and augmented reality glasses. Additionally, industrial use will also be significant. The metaverse is expected to bring the fall of the current mobile phone trend, accordi

Stocks are a long-established asset class that can yield both long and short-term returns. Crypto is a newer financial instrument that is prone to higher price volatility and risk. While both instruments attract traders and investors, cryptocurrencies are often seen as an alternative to more traditional assets. That said, there can be profitable strategies in both markets. 1. Ownership You normally need a brokerage account to conduct the transaction in order to buy and possess shares. Informa

Arbitrum is one of the hottest Layer 2 solutions, which has many benefits like its superior performance, security, and implementation ease, making it appealing to many developers. In this article, let’s find out the most trending projects in this growing ecosystem. Top GameFi projects on Arbitrum Openblox In the virtual world of OpenBlox, there are plenty of destinations to explore and thrilling goals to achieve. Players can travel with Blox, their in-game avatar. Unlike characters in trad

Will Wright, the creator of SimCity and the original Sims, has not created a major video game since 2008's Spore. However, he's back in 2022, working on something called VOXVerse. It is a social game where you can mine stuff, build stuff, and interact with other players. Additionally, each character is a voxel-based squat character. There’ll also be real estate that you buy and own, and I think you can see where this is going. The proposal meets all the criteria for something that ought to hav

Initial Game Offering (IGO) has been well-liked among cryptocurrency investors because of GameFi's growth. IGO enables you to pre-purchase NFTs or tokens for blockchain games in their early development stages. Introduction Most frequently, launchpad platforms are used to arrange IGOs. Participants that invest through launchpads typically have to lock the platform's native token for a specific amount of time. Participants may be granted early access to the game's tokens or NFTs depending on th

According to CoinGecko, the trading value of Dogechain (DC) - an EVM-compatible layer-2 blockchain based on Polygon that's inspired by, but separate from, Dogecoin (DOGE), has increased by more than 200% in the last week and more than 70% in the last 24 hours. The high also represents a 75% increase over a month ago. Dogechain's price has risen from $0.0004 on Friday to $0.00176 on Sunday, recording a 228% gain in seven days at a rate not seen since September 12. The price increased due to the