|All Time High:
|The price of #MIR today is $0.027 USD.
The lowest MIR price for this period was $0, the highest was $0.027, and the current live price for one MIR coin is $0.02724.
The all-time high MIR coin price was $15.04.
Use our custom price calculator to see the hypothetical price of MIR with market cap of BTC or other crypto coins.
|The code for Mirror Protocol crypto currency is #MIR.
Mirror Protocol is 3.1 years old.
|The current market capitalization for Mirror Protocol is $4,250,771.
Mirror Protocol is ranked #715, by market cap (and other factors).
|The trading volume is medium today for #MIR.
Today's 24-hour trading volume across all exchanges for Mirror Protocol is $349,250.
|The circulating supply of MIR is 156,036,720 coins, which is 42% of the total coin supply.
|Note that there are multiple coins that share the code #MIR, and you can view them on our MIR disambiguation page.
More Mirror Protocol (#MIR) News
|Venezuela to Integrate Russian Mir Payments System in De-Dollarization P...
The government of Venezuela has announced that it is currently working to integrate Mir, a Russian electronic card and transfer payments system. President Nicolas Maduro backed this integration, stating that this move is part of a de-dollarization push. More than 40,000 payment terminals are being adapted to accept Mir-compliant cards.
Venezuela Integrates Russia's Mir Payments System
The government of Venezuela recently announced that it is integrating Mir, a Russian payments system, into its point-of-sale network, as part of a national de-dollarization push previously announced by President Nicolas Maduro.
Calixto Ortega, president of the Central Bank of Venezuela, stated that the bank had finalized the necessary steps to 'be connected to the interbank messaging of the Central Bank of Russia in order to be able to communicate with Venezuelan banks and Russian banks through this system.'
In this first phase, more than 40,000 point-of-sale terminals will be able to interact with the Mir payments system. The Central Bank of Russia established Mir in 2017 to circumvent the sanctions that credit card providers — like Mastercard and Visa — enacted against the country in 2014.
Ortega stated that the goal is for 30% of the available terminals to be connected to the Mir system to accept cards issued by Russian banks, denominated in rubles, to make payments in local currency in Venezuela.
International Settlements Also Contemplated
President Nicolas Maduro explai...
|SEC Expands Terra's Scope in Mirror Protocol Investigation (Report...
According to South Korean media Money Today, the US Securities and Exchange Commission is expanding the scope of its investigations into the Mirror Protocol to add LUNA.
SEC Vs. Terra
In the latest development in legal tensions, the SEC has sought LUNA-related documents from Terraform Labs as well. In a parallel investigation launched last month, the regulatory entity had been looking into potential Securities Act violations.
But the legal tensions between Terra ecosystem and the SEC date back to September 2021, when Kwon was served with a subpoena as he exited an escalator at Messari's Mainnet conference.
The actual issue was the Terra-based decentralized finance (DeFi) platform - Mirror Protocol - on which synthetic crypto-versions of popular stocks like Tesla, Microsoft, and Airbnb, are minted and traded. Kwon had Initially denied receiving the subpoenas. But later sued the SEC and claimed that the subpoenas were 'improperly issued and served.'
In February this year, a New York court ordered Terraform Labs and its CEO to comply with the subpoenas.
Following this, Kwon filed an appeal overruled on June 8 by a US court, stating he and his company are required to comply with investigations by the SEC into the Mirror Protocol. Kwon argued that the TFL lacked sufficient presence within US markets and that the subpoena should have been delivered to the exec's legal counsel, not him personally.
Upholding the February ruling, the United States Court of Appeals justified the SEC's ...
|Terra-Based Mirror Protocol Averts Crisis but $2M Drained Nonetheless
Mirror Protocol, a decentralized finance app on the old Terra blockchain, has reportedly suffered yet another exploit. The governance participant 'Mirroruser' on Terra Research Forum was the one who discovered the bug on May 30.
Popular Terra analyst and whistleblower 'FatMan' also confirmed the attack shortly thereafter and revealed that if the vulnerability remained untreated, it would put all of its pools for tokenized assets at risk. After hours of delay, the devs finally stepped up and averted the crisis.
It all started with a bug in the pricing oracle for Terra Classic validators that enabled the exploit. For the uninitiated, the Mirror Protocol essentially enables users to create and trade mirrored assets, also known as mAssets, that 'mirror' or are closely tied to the price of stocks, as the name suggests.
The DeFi app has its native versions for Bitcoin - mBTC, Ethereum - mETH, Polkadot -mDOT, etc., which closely mirror the price moves of the underlying assets. In addition to these pools, buggy oracle enabled the attacker to drain the pool for the token representing Galaxy Digital stock - mGLXY - as well.
The 'root cause,' as explained by Chainlink community ambassador 'ChainLinkGod,' was that the validators of the old Terra blockchain (now called the Terra Classic) were running an outdated version of the oracle software that published erroneous pricing. The Terra Classic validators were reporting the price of the new LUNA instead of ...