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Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco

Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco

The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following the market crash, global financial regulators started proposing

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Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year

Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year

Just recently, the product comparison platform finder․com polled 36 fintech specialists about the cryptocurrency terra (LUNA) before terrausd (UST) lost its parity with the U.S. dollar. According to the poll, Finder’s experts predicted LUNA would

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CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First

CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First

Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million

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DOGE Price on the Brink: What to Keep an Eye On

DOGE Price on the Brink: What to Keep an Eye On

Dogecoin price at crossroads before Jerome Powell's speech After falling nearly 50% over two weeks, quotes for the leading cryptocurrency – DOGE – have frozen on the brink. Risks of a U.S. economic recession and

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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin

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After Only 313 Bitcoin Remaining with LFG, Is BTC Price in Safe Hands Now?

After Only 313 Bitcoin Remaining with LFG, Is BTC Price in Safe Hands Now?

The Luna Foundation recently released a statement citing the balances on their reserves as the platform’s Bitcoin reserves made a huge noise of let. The thread documented how the platform disbursed millions of dollars worth

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Amidst Terra’s Drastic Crash, The LFG sold 80,082 From Its BTC Reserves

Amidst Terra’s Drastic Crash, The LFG sold 80,082 From Its BTC Reserves

The whole crypto space was under a catastrophic drop after the Terra (LUNA) token bottomed 99% in just two days where the Blockchain’s stablecoin UST depegged leading to the crypto crash. LUNA was created by

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This Weekly Chart Pattern Might Suggest That Shiba Inu Price Remains on Track

This Weekly Chart Pattern Might Suggest That Shiba Inu Price Remains on Track

Shiba Inu remains in a tight trading range beneath $0.000014 Shiba Inu continues to trade in a triangle pattern with support near $0.0000087, according to its weekly chart. As the price looks set for a

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Shib Army Destroys 450 Million SHIB as Whales’ Shiba Balance Shrinks

Shib Army Destroys 450 Million SHIB as Whales’ Shiba Balance Shrinks

Shiba Inu community has burned another substantial chunk of its favorite meme token, removing this large part of SHIB from circulation The Shib Army continues to burn SHIB crypto coins, this time moving nearly half

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Here’s the two-faced ETH scenario as average gas fee hits new low

Here’s the two-faced ETH scenario as average gas fee hits new low

Gas prices on the Ethereum network have been a bane to anyone using it over the past year or so. Prices surged to astronomical highs on several occasions during the 2021 bull market. In 2021,

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