Terra ecosystem collapsed earlier this month The Terra ecosystem collapsed earlier this month, with the LUNA token plunging to zero after the UST stablecoin lost its peg. The risk of contagion then spread to the
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While cryptocurrency community members are guessing whether the bottom is already in for major assets, Mr. Novogratz recommends being careful Well-known cryptocurrency investor and entrepreneur Michael Novogratz has shared his concerns about the current situation
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In the wake of Terra’s devastating collapse, the cryptocurrency market is taking a shot at recovery. In the past seven days, the total capitalization is up to $1.350 trillion, gaining roughly around $70 billion. Most
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One of the senior analysts at Bloomberg, Mike McGlone while talking about algorithmic stablecoin, says that these are dependent on market growth and looks like these do not have any future. In a recent interview,
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terra (LUNA)
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Cryptocurrency market could be in a state of reversal as the majority of altcoins are growing After the massive correction in the cryptocurrency and traditional markets, we are seeing positive momentum forming in the digital
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A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in the field and seek cooperation
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Recently Terra (LUNA) had one of the worst crashes where the price bottomed below $1 along with the blockchain’s stablecoin, UST which got de-pegged. This price action by Terra affected the whole crypto market. However,
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Bitcoin, until the recent LUNA-UST crisis was speculated to have been trading within an accumulation zone to strengthen its rally. However, the scenario differed to a large extent when the star crypto faced a massive
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While the voting for the proposed LUNA fork to create the next version called LUNA V2 is going on, the price continues to dip along with the market cap. The community strongly opposes the fork
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