An exploiter was able to drain four synthetic asset pools from the Mirror Protocol due to a bug in the pricing oracle software for Terra Classic validators.
'I'm just some insignificant man pounding away at a keyboard, and I'm easily replaced.'My name is Ryoshi,' the Shiba Inu creator claimed previously.
Following the collapse of Terra's algorithmic stablecoin, China's Economic Daily media source has hinted that more regulatory action against stablecoins may be taken.
Following the collapse of Terra's ecosystem, at least three blockchains have openly stated that their teams are willing to accommodate any stray former Terra developers.
However, since releasing on the weekend at a starting price of $18.87, the price has dropped 56%.
As "great fear" prevails, Bitcoin investors and dealers are still uncertain whether this favorable trend will continue.
The resurrected luna token is already available for purchase on exchanges. However, its value is plummeting.
According to a new survey, people in emerging countries have a much more favourable view of the metaverse than their industrialized counterparts. The study, conducted by Ipsos for the World Economic Forum (WEF), also reveals that Latam countries are among the most optimistic about the metaverse's future and its potential uses in many industries.
The XRP price has exited its consolidation phase, although without significant volatility. As a result, the remittance coin is hovering over numerous support levels that may impede further southward movement.
Bitcoin's recent range around $30,000 has some market observers questioning if it's susceptible to additional declines.