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Terra’s Do Kwon Finally Releases Recovery Plan for UST, Community Recalls “Lehman Brothers” Tragedy

Terra’s Do Kwon Finally Releases Recovery Plan for UST, Community Recalls “Lehman Brothers” Tragedy

Here’s how the Terra (LUNA) team will deal with the collapse of the stablecoin TerraUSD (UST) Mr. Kwon proposed major changes to the LUNA/UST balance design in order to accelerate the process of "absorbing" TerraUSD

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Tron DAO Launches its “Terra Destroyer” Stablecoin on Multichain DEX

Tron DAO Launches its “Terra Destroyer” Stablecoin on Multichain DEX

Justin Sun is not bothered by recent Terra collapse According to a official announcementTron DAO’s own $USDD is now available on Multichain DEX (formerly AnySwap) alongside PancakeSwap, Uniswap, Ellipsis and sunSwap, the first to list

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Terra USD Collapse Exposes Critical Flaw in Bitcoin, Peter Schiff Insists

Terra USD Collapse Exposes Critical Flaw in Bitcoin, Peter Schiff Insists

Prominent BTC Critic Schiff Explains Why the UST Collapse Revealed a Major Flaw in Bitcoin and Crypto in General The CEO of Euro Pacific Capital, gold bug Peter Schiff, has taken to Twitter to comment

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Cardano and XRP Beat Coinbase’s Whole Market Capitalization Following Earnings Report

Cardano and XRP Beat Coinbase’s Whole Market Capitalization Following Earnings Report

One of the biggest crypto companies in the world is now smaller than Cardano or XRP Following the reveal of the company’s performance in the first quarter of 2022, Coinbase shares fell massively as it

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Terra’s Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

Terra’s Do Kwon Teases Recovery Plan But Stays Quiet After Almost 15 Hours

Entire Luna and UST community still waiting for a plan The UST Drama Continues in the Cryptocurrency Market as More People Take Massive Losses After Luna Falls Below $10 and UST Fails to Hold peg

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MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?

MSTR and Tesla Near BTC loss! How are Institutions Dealing With Crypto Crash?

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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Terra (LUNA) Tumbles 95% Weekly, What Does it Mean for Do Kwon’s Multi-Million Dollar Bet?

Terra (LUNA) Tumbles 95% Weekly, What Does it Mean for Do Kwon’s Multi-Million Dollar Bet?

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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Coinbase Shares Plunge as Company Reports Q1 Losses of $430M

Coinbase Shares Plunge as Company Reports Q1 Losses of $430M

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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US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

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 Bags $150M at $10B Valuation to Focus on Web3, NFT, and DeFi

KuCoin Bags $150M at $10B Valuation to Focus on Web3, NFT, and DeFi

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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