2022-6-15 19:04 |
A new investigative report by blockchain security company Uppsala Security and CoinDesk Korea has suggested that Terraform Labs may have directly triggered Terra’s collapse over the second week of May.... origin »
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Bitcoin’s (BTC) price action has been erratic since the global crypto crash in May 2022. After the market collapse, BTC plummeted to a 52-week low of $26,350 on 12 May. At the time of writing (9 June), BTC was trading at $30,200, hinting that it may be on the path to recovery.
2022-6-10 18:51 | |
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Today, New York has been causing a lot of noise in the crypto industry. The U.S. state is renowned for its hostile stance against the nascent asset class. Related Reading | What Terra’s Collapse Brought For Stablecoins In Japan, New Law Passed Some believed the election of Eric Adams as Mayor was going to push things […]
2022-6-4 01:00 | |
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The collapse of the Terra (LUNA) ecosystem continues to ripple across the crypto industry. This cryptocurrency and its algorithmic stablecoin UST lost over 99% of its value in less than a week, leaving investors with billions in losses.
2022-6-4 21:00 | |
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The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.
2022-6-3 13:07 | |
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In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed a new consultation paper on Tuesday, May 31, 2022, regarding minimizing the risks of the possible collapse of stablecoins and many more digital currencies by utilizing […]
2022-6-2 01:06 | |
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In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY?
2022-6-2 23:00 | |
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A couple of days after its launch, the new LUNA or LUNA2 token from the Terra network continues to experience high volatility levels. The cryptocurrency was deployed as a result of the collapse of the old LUNA or LUNA Classic which lost almost 99% of its value in a little over a week.
2022-6-2 21:00 | |
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The infamous collapse of Terra may have hastened the creation of a supervision and control entity for digital assets, which is set to launch in early June.
2022-6-1 00:37 | |
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Out of the ruins of the TerraUSD (UST) collapse rises a new stablecoin — USDTea, the first of its kind — that is backed by a can of, well, iced tea. Whether intended as satire or not, USDTea has joined the plethora of stablecoins in the vast crypto wilderness.
2022-5-24 11:28 | |
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The U.K.'s Financial Conduct Authority and Treasury will scrutinize the collapse of Terra's coins and factor that into its crypto regulatory package.
2022-5-20 12:06 | |
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The U.K.'s Financial Conduct Authority and Treasury will scrutinize the collapse of Terra's coins and factor that into its crypto regulatory package.
2022-5-21 12:06 | |
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After over two years, the feared investigative and prosecutorial team has been reformed by the new President to look into the mess caused by Terraform Labs.
2022-5-19 05:02 | |
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Head of French Central Bank shared with Reuters some details of the upcoming G7 meeting agenda
2022-5-18 19:20 | |
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Trading volumes of some Indian exchanges have gone down as much as 72%.
2022-4-12 12:41 | |
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Turkish Bitcoin holders avoid an accelerating currency collapse as the lira loses 15% against the U.S. dollar in a single day.
2021-11-23 16:32 | |
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Kraken Australia’s Managing Director is concerned that a proposed new licensing regime for crypto exchanges could collapse the vibrancy of the industry down under.
2021-11-23 05:06 | |
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Tether and Bitfinex finally had to turn over documents to authorities in New York. They had extended a deadline to produce financial documents to be scrutinized by the courts. If the New York attorney general can find proof of fraud, then the number-three cryptocurrency could be in for a rocky road.
2021-1-26 17:37 | |
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March 12, 2020, will go down in history books as Black Thursday. That day began a two-day, more than 50% collapse in Bitcoin. It also shook the stock market, precious metals, and crypto. But yet, that fateful day in hindsight was the best thing to happen to Bitcoin all year and was a crucial factor in the asset achieving a new all-time high and trading near $30,000 currently. Here are all the reasons why. […]
2021-1-1 19:08 | |
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We passed all the ordeal in 2020: coronavirus, crisis, conflicts, economic downturn, the collapse of the most ambitious projects, and the birth of new ones. And now, the world has once again found itself on the verge of global changes that can make it unrecognizable for the fourth time. This year began with disturbing news […]
2020-12-25 14:00 | |
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Bitcoin’s dominance may have left Altcoins in a pit hole, but Fiat currencies may soon be joining these struggling Altcoins. In another interesting turnout, many countries are witnessing the downfall of their traditional currencies at a large percentage.
2020-10-24 14:16 | |
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Several signs indicate that Bitcoin is potentially on the brink of a new bull market, and much higher prices are ahead. However, one seemingly bullish sign that investors are preparing for mark up, is actually at the same level as just prior to the collapse to the cryptocurrency’s bottom. Are looks this deceiving, and Bitcoin […]
2020-9-23 20:00 | |
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A prominent analyst believes that fears of another March 12 Bitcoin price fall are reviving. Meanwhile, the number of BTC wallets with more than ten coins hits a new high
2020-6-29 16:42 | |
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Chainlink (LINK) pops 11 percent on the China news, but the brutal collapse of Compound (COMP) should be a cautionary tale for greedy buyers
2020-6-23 20:40 | |
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The correlation between Bitcoin and the S&P 500 has proven to be dangerous for the first-ever cryptocurrency. It even helped to drag down the asset during the Black Thursday collapse. The crypto asset’s new bull market on the horizon.
2020-6-22 22:30 | |
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The new report of Deutsche Bank examines the likelihood of various disasters in the next 10 years that will outperform the Covid-19 pandemic. According to Bitcoinist, one of the scenarios supposes the bitcoin collapse.
2020-6-22 00:36 | |
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A new forecast from a chief Morgan Stanley executive claims the dollar is due for a severe crash that could benefit Bitcoin in a major way. What’s fueling this “inevitable” dollar collapse, and why does it make for a perfect storm for the first-ever cryptocurrency? Morgan Stanley Asia Chairman: The Dollar Is Inevitably Doomed For […]
2020-6-17 20:30 | |
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The European Union has unveiled plans to raise 750 billion euro ($827 billion) for its members to finance their recovery from the COVID-19 economic collapse. [CNBC] With this plan, Europe has now become the latest region to raise debt to aid in economic recovery.
2020-5-29 05:14 | |
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Saudi Arabia has introduced new austerity measures in the wake of the oil price collapse, a sign that the recent recovery will be short-lived. The post Saudi Arabia’s VAT Hike Proves the Oil Price Rally Is About to Crash appeared first on CCN.com
2020-5-12 01:59 | |
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The DeFi lending market MakerDAO has updated its governance protocols to prevent another occurrence of forced liquidations that lead to huge losses.
2020-5-5 22:24 | |
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New data shows that crypto investors and traders are withdrawing their BTC from cryptocurrency exchanges in record numbers, following the historic Black Thursday collapse in mid-March. While this may initially sound like a bad thing for the market, it has incredibly bullish implications that provide a highly optimistic outlook on Bitcoin’s future.
2020-5-1 18:00 | |
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John Bollinger says that all correlations tend toward zero in a crisis, which is why another stock market collapse could be detrimental to Bitcoin (BTC)
2020-3-27 20:30 | |
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New York just delivered its most terrifying coronavirus warning yet, conjuring echoes of Italy's healthcare system collapse. The post New York Just Delivered Its Most Terrifying Coronavirus Warning Yet appeared first on CCN.com
2020-3-17 20:31 | |
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LINK flash crashed today on Binance’s LINK/USDT pair. Remarkably, the red candle dropped as low as it could possibly go: $0. 00001. After touching new all-time highs, LINK holders were hit especially hard today amid the collapse.
2020-3-12 16:39 | |
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The threat of a new global economic recession has been looming. No one is quite sure what shape it will take, what sectors it will affect, or what will be the driving catalyst; but the fog is starting to clear and shapes are emerging that look to be in the mould of energy companies.
2020-3-10 22:10 | |
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Within just a decade, mankind will be well on the way to ending extreme world poverty. A new, encrypted Wi-Fi network will connect people on Earth. And a near indestructible blockchain financial system and global currency will exist off-world, invulnerable to the effects of war, conflict, solar flares, meteor impact, global catastrophe, cyclones, banking and market collapse and other catastrophic events.
2019-12-30 13:30 | |
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Something smells rotten in the EOS state. Dan Larimer hardly reassured EOSians about the new CPU contract idea when discussing the RAM collapse.
2019-12-4 18:03 | |
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The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system.
2019-11-18 14:30 | |
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After a long bullish rally at the start of 2019, the collective crypto-market collapsed on 23 October, a collapse which saw the top virtual assets recording some major depreciation. When compared to top assets like Bitcoin or XRP, Cardano suffered significantly at the hands of the bears after it fell by over 11.
2019-10-25 18:30 | |
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eToro’s new TheTIE-LongOnly CopyPortfolio attempts to collapse the entire crypto sentiment of Twitter users into an automatically rebalancing basket fund—and that might be a big problem. Currently, the TheTIE-LongOnly CopyPortfolio algorithm automatically invests in a selection of up to 13 different digital assets, these are: Bitcoin (BTC), Ethereum (ETH), XRP, IOTA, Bitcoin Cash (BCH), NEO, […] The post eToro’s Twitter-Based Cryptocurrency Trading Strategy Could Be Ruined by Artificial Intelligence appeared first on BeInCrypto.
2019-10-19 02:17 | |
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An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.
2019-10-13 12:18 | |
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Huobi Group, the operators of one of the world’s largest crypto asset trading venues, has announced that it will launch a digital currency exchange in Argentina. The new platform is expected to go live in mid-October.
2019-9-18 22:00 | |
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Bitcoin is possibly on its way to new all-time highs, while altcoins like Ethereum, Ripple, and Litecoin are capitulating en masse. The two things don’t often go hand in hand due to how closely the two crypto asset types are connected, yet growing regulatory pressure and other important factors have caused a massive divergence in.
2019-8-10 23:00 | |
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New collapse of Bitcoin and the market occurred, as promised Coinstelegram, on the eve of hearings in the Congress on Libra. In such situations it is common to say in the fiat market: “The market has already played this event.
2019-7-17 00:48 | |
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The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work.
2019-7-6 19:45 | |
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Crypto News – 20 June – Roger Ver on BCH collapse rumours, Caitlin Long on Facebook’s Libra and more Don’t forget to follow us for our daily videos#BitcoinCash #facebooklibra #Ripplenet #cryptocurrencynews #BTC #CryptoNews #Crypto #ripple #ripplenews pic.
2019-6-20 19:00 | |
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The price of cryptocurrency is determined by two main factors. The purchase or sales flow of cryptocurrency (purchase of cryptocurrency increases price, selling lowers its price) The volume of exchange for cryptocurrency given that, for cryptocurrencies, a transaction corresponds to verification of that transaction through mining that introduces, into the market supply, new cryptocurrency units as a reward to the verifiers This suggests that the value of a cryptocurrency depends only on its users.
2019-6-21 18:26 | |
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Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.
2019-6-14 04:03 | |
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Liquidators of now defunct cryptocurrency exchange Cryptopia have revealed that it owes investors, creditors, and staff a total of over $3 million. Grant Thornton New Zealand published its first liquidators report earlier today which outlined that creditors are owed a total of $2.
2019-5-31 15:16 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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In a puzzling development, two prominent crypto figures have voiced contrasting opinions over the settlement deal between Galaxy Digital and the Office of the New York Attorney General (NYAG). On March 28, it was revealed the crypto investment firm led by Michael Novogratz has struck agreements to pay a $200 million fine to the State […]
Terraform labs, the Singapore-based company behind the Terra blockchain and its associated cryptocurrencies TerraUSD and Luna, is launching a crypto asset loss claim portal on March 31—claims to be submitted by April 30.
South Korea’s Supreme Court has sided with lower courts in deciding that TerraUSD and LUNA do not meet the criteria for financial investment products. Korea‘s Supreme Court has ruled that the collapsed stablecoin TerraUSD (USTC) and its sister token Terra…
Montenegro’s Constitutional Court has rejected an appeal by crypto mogul Do Kwon, paving the way for a decision on his extradition to either the U.S. or South Korea. Do Kwon, founder of Terraform Labs, has lost his appeal in Montenegro’s…
Terra Luna Classic’s price rose for the second consecutive day as token burn activity accelerated this week. Terra Luna Classic (LUNC), the remnant of the collapsed Terra network, reached an intraday high of $0.00009217, bringing its market cap to $500…
On Sept. 19, Terraform Labs, the company behind the Terra blockchain protocol, gained court approval to wind down its operations as part of its bankruptcy proceedings. During a pivotal hearing on Thursday, U.
Montenegro’s Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor’s Office filed a request for a legal review on August 2. The office…