Skip to main content

Posts

Showing posts with the label nft

Do Kwon's Terra 2.0 has launched, but its value has already plummeted

 After the LUNA 2.0 cryptocurrency had a major price adjustment hours after its introduction on May 28, the recovery plan that was put into place in the wake of the devaluation of Terraform Labs' stablecoin TerraUSD (UST) and its native token Terra (LUNA) got off to a shaky start. The new governance token quickly shot up to an all-time high of $18.87 (roughly Rs. 1,462) shortly after launch, only to crash to a low of $4.08 (roughly Rs. 316) by early Sunday. Prior to launch, members of the Terra community had rumored that the value of the new governance token would be somewhere between $30 and $50 (roughly Rs. 2,325 and 3,875) Shortly after Terraform Labs successfully delivered LUNA 2.0 tokens to investors that owned LUNA Classic (LUNC) and TerraUSD, the price began to plummet (UST). The key development company behind Terra, Terraform Labs, has suggested the creation of a new blockchain. Kwon was able to roll out another chain, which is the one that is available for usage as of toda

Find out the main reason behind Cryptocurrencies downfall

 At a time when the conflict in Ukraine has been going on for a very long time and the specter of inflation brought on by the high price of crude oil has became a global problem, crypto currencies are also falling into a bad zone for the rest of the world.  Investors have taken a blow as a result of the global cryptocurrency market's loss of roughly $830 billion in over six weeks, which came at a time when stock markets throughout the globe are experiencing dramatic ups and downs.  On May 16, the worldwide market capitalisation (m-cap) of cryptocurrencies was $1.27 trillion , down from less than half of the $2.83 trillion it had reached in November of previous year. Bitcoin, the most costly cryptocurrency, had a price per coin of $29,504.9 (about Rs 23 lakh), which was down significantly from its November value of $64,862 (approximately Rs 50.5 lakh). The sudden failure of the "Stabblecoin" (code name UST) in the second week of May was responsible for the large decline.  

Have you checkedt the all new 'Show All' button on Instagram?

 Apart from reels, Instagram Stories is one of the most popular features. Creators may use this to keep their audience informed and promote exclusive offers for just 24 hours. However, many people would abuse this function by publishing dozens of tales. To prevent this, the app will shortly undergo significant changes, with just three articles shown to users. Putting the new 'Show All' option to the test When looking at friends' tales, there is a difficulty when a friend's stories do not have a conclusion. To address this issue, you will soon be able to provide the 'Show All' option to all Instagram users. If an Instagram creator publishes a lot of stories, his followers will only see the top three tales after the update. After then, the user must press the 'Show All' button to view the tales. Instagram is used by over a billion people worldwide, and users spend an average of 53 minutes each day on the platform. Every content posted on social media platf