Tag: Collapse
BIS to launch market intelligence platform amid stablecoin, DeFi collapse
The Bank for International Settlements (BIS) Innovation Hub announced the launch of a new set of projects targeting various aspects of traditional and [...]
Three Arrows Capital Confirms Heavy Losses From LUNA's Collapse, Exploring Potential Options: Report
Terra’s implosion in mid-May and falling bitcoin prices affected the fund’s portfolio, its founders confirmed.
www.coindesk.com [...]
Korean exchanges agree on emergency system in case of Terra-style collapse
Korea's leading exchanges have agreed to form a new emergency system that will spring into action within 24 hours should another Terra-style collapse [...]
Mastercard to enable direct NFT purchase, NFT floor prices collapse and more
This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFT [...]
Celsius Troubles, UST Collapse Could Have Long-Term Benefits for Crypto, FSInsight Says
The combination of macro headwinds and over-leveraged yield strategies has resulted in the forced selling of cryptocurrencies in the last few days, wi [...]
Floor price of popular NFT collections collapse due to bear market
Not even popular art collectibles could survive the wrath of the market downturn.
It ap [...]
The crypto collapse continues to rumble
The implosion in cryptocurrencies over the weekend shows no signs of stopping. It is under pressure once again as market jitters continue to reverbera [...]
Protection from a currency collapse – Forex Factory
Protection from a currency collapse Forex Factory
www.forexfactory.com [...]
How UST Collapse Is Affecting Remaining Stablecoins
The loss of the UST coin has had a ripple effect on the crypto industry for several weeks now. Some stablecoins are still doing very well, while other [...]
South Korea Investigates Terra Labs For Alleged Bitcoin Embezzlement Following UST Collapse: Report
South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month.
www.coindesk.com [...]
Staked Ether Discount After Terra Collapse a Sign of Liquidity Crunch in Crypto
Data shows that staked ether and ether traded at parity up until May 7, when Terra’s stablecoin, UST, started to wobble from its $1 peg. Since then, s [...]
FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse
CoinDesk interviewed FTX's Brett Harrison at the World Economic Forum's annual meeting 2022 last week.
www.coindesk.com [...]
South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
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In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ cre [...]
UK Government Proposes Stablecoin Safeguards After Terra Collapse
The U.K. government has published a consultation paper that proposes a series of safeguards to protect investors against the risk of stablecoins.
www [...]