The Terra blockchain is about to get its biggest upgrade today, transitioning from the Columbus 4 to the Columbus 5 version. With the Columbus 5 mainnet set to deploy on September 29th, we take a look at some of the biggest differences the upgrade will bring to the protocol. Columbus 5 marks the beginning of…
First in a bigger series of dAppradar’s reports, which explore how value moves around after entering the blockchain industry, revealed that the amount of Bitcoin (BTC) sitting in centralized exchanges (CEX) is at its lowest point in 2021, while Wrapped Bitcoin (WBTC), the first ERC20 token backed 1:1 with Bitcoin, doubled since the start of…
Just six months after its launch, Terra‘s Anchor protocol surpassed $4 billion in total value locked (TVL). The Terra-native savings protocol offers users 18-20% yields on stablecoins and has quickly positioned itself at the forefront of DeFi. According to a recent report, the protocol is set to continue its growth, albeit at a slower and…
Blockchain.com, a full-stack crypto services platform has recently announced it jumped on board Terra’s $150 million Ecosystem Fund, established to act as a capital foundation for projects eager to build and develop applications, protocols, and tools on the growing network. By doing so, the company has joined an all-star ensemble of investors, including Arrington Capital,…
Terra’s native token LUNA rallied over 31% during the past seven days as the crypto’s price broke another record high crossing $34,3 earlier today. With a current market cap of roughly $13,4 billion, LUNA witnessed a significant recovery since the May crash, when it was trading just above $4.1. The Terra ecosystem Terra is a…
Terra’s native token LUNA rallied 79.66% during the past seven days as the protocol developed by South Korean firm Terraform Labs surpassed Polygon (MATIC), recording the third-highest total value locked (TVL) among blockchains. LUNA, which is part of an algorithmic balancing system that is used to stabilize the price of the protocol’s stablecoins, traded today…