Every investor is concerned about the crashing cryptocurrency market. The largest Bitcoin (BTC) holding institutions have experienced the same thing. In the midst of the crash, public companies like Microstrategy and EV powerhouse Tesla, which
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As Terra ecosystem’s UST stablecoin untethered over the weekend, LUNA slipped frantically as well, losing approximately 95% of its value. Efforts to rescue UST continue as LFG – the entity that acts as a resolution
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The exchange’s trading volumes fell around 44% between January and March as it reported worse than expected earnings for the period. Crypto markets were largely constrained for the first quarter, with few opportunities for short-term
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As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country’s financial stability. Treasury
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KuCoin has announced raising $150 million pre-Series B funding round led by Jump Crypto. The event also saw the participation of Circle Ventures, IDG Capital, and Matrix Partners. The exchange’s valuation jumped to $10 billion
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Several top exchanges and anonymous wallets have transferred close to 680 million XRP; almost half of it was moved in a single chunk A staggering 678.5 million XRP tokens have been transferred by major crypto
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On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical
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Charles Hoskinson has reminded the community about the Cardano Treasury, stating that it is only going to get bigger In response to a tweet from the co-founder of dcSpark, the creator of IOHK and Cardano
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Terra's algorithmic stablecoin, UST, suffered a free fall to lows of $0.61 on May 10 after losing its peg Founder of Cardan Charles Hoskinson believes that markets are better defined under stress as Terra and
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LUNA and UST withdrawals were suspended at 2:20 a.m. UTC on May 10 Best Cryptocurrency Trading Platform Binance halted LUNA and UST withdrawals due to network congestion and slowness. Due to a large volume of
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