Yet another algorithmic stablecoin has lost its dollar peg as DEUS Finance’s Terra-inspired DEI token plummets.
You might be interested in …
GamerGains Gets $5.8 Million for Solana Play-and-Earn Platform Supporting Web2 Games
Cadenza Ventures led the round, joined by FTX, Winklevoss Capital, BlockFi, Tiger Global, Alumni Ventures, Lightbank, and others.
Luna Foundation Guard Adds Another $100 Million in Bitcoin to Back Terra
The nonprofit is converting stablecoin reserves from LUNA into BTC.
Billionaire Tim Draper: Bitcoin ‘A Good Hedge Against Bad Governance’
The bear market doesn’t appear to have dented Bitcoin bull Tim Draper’s enthusiasm for the cryptocurrency. Speaking on stage at Web Summit 2022, the billionaire VC argued that his prediction that the cryptocurrency will hit […]