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Some of the world’s biggest banks are increasing their exposure to the digital asset market despite the recent market volatility. Is this a sign of things to come? Go to Source Powered by WPeMatico
The quest continues for the perfect “stand in” for the U.S. dollar. But, UST’s crash suggests that algo stables may be “inherently fragile.” Go to Source Powered by WPeMatico
ATOM’s ascending triangle setup opens up the possibility for another major crash by June 2022. Go to Source Powered by WPeMatico
DAI has been around since 2017, which no algo stablecoins has ever matched, and it’s unlikely to share the fate of UST. Go to Source Powered by WPeMatico
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash Go to Source Powered by WPeMatico
Yield generation app Stablegains is facing a lawsuit after losing around $44 million worth of user funds in the Terra collapse when it previously said it allocated funds “across a number of stablecoins”. Go to Source Powered by WPeMatico
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. Go to Source Powered by WPeMatico
Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before … Read more
The collateral damage of Terra’s collapse could continue to impact Avalanche price, especially considering that the Luna Foundation Guard holds 1.97 million AVAX tokens. Go to Source Powered by WPeMatico
Binance’s BNB Chain will offer support to Terra ecosystem projects looking to migrate away from the ailing DeFi protocol. Go to Source Powered by WPeMatico
