Tag: Crash
What can other algorithmic stablecoins learn from Terra’s crash?
The spectacular implosion of the Terra ecosystem in mid-May left the crypto industry scarred. Though there were some brave critics who understood just [...]
First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma
Bitcoin was headed for a ninth-straight weekly loss, a record in the largest cryptocurrency's trading history dating back to the early 2010s. Terra de [...]
Bitcoin ‘good to go up’ after BTC price hits lowest since Terra crash
Bitcoin (BTC) recovered from a major dip at the May 26 Wall Street open as the market quickly exhausted buy support. BTC/USD 1-day candle chart (Bitst [...]
As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (De [...]
The long waves in the aftermath of UST’s crash, May 16-23
It’s been two weeks since the shock of the TerraUSD (UST) depegging, but the long waves of this event are still coming in. The Congressional Research [...]
‘Elon Musk’s Crash Course’ review: The New York Times Presents documentary explores the limits of Tesla’s ‘self-driving’ technology
Musk didn't cooperate with the filmmakers, who focus on Tesla's safety record, several fatal accidents tied to the technology and perhaps most signifi [...]
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
The dramatic story of the Terra (LUNA) crash — referred to by some as the Lehman Brothers of crypto — has taken yet another remarkable turn as legal d [...]
Terra crash not a risk to the broader crypto ecosystem, says Huobi Global CEO
As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of both retail and institutional investo [...]
Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash
While remaining highly bullish on the outlook for crypto, Novogratz said he believes those hoping for a "V" bottom in the market are likely to be disa [...]
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Ko [...]
US congress research agency weighs in on UST crash, notes gaps in regulation
The Congressional Research Service (CRS), a legislative agency that supports the United States Congress, has published a document that contains a rund [...]
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
“Client interest [is] concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according t [...]
Risk Assets Slightly Bullish, Despite the Crash in China
China’s economy is going from bad to worse. Lat month we saw a deep dive in manufacturing and service sectors due to the coronavirus lockdowns. In the [...]
Luna Foundation Guard Left With 313 Bitcoin After UST Crash
In one of the calamitous events in crypto memory, the $40 billion Terra ecosystem collapsed last week when the UST stablecoin — which is supposed to b [...]
UK Treasury en route to legalizing stablecoins amid Terra’s UST crash
United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. Wh [...]