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South Korean Regulators to Speed Up Enactment Of Crypto Laws After Luna Incident
With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have vowed to fast-track regulations aimed at protecting consumers from such risks. дальше »
2022-5-20 01:06 | |
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Billionaire backer breaks silence on Terra fiasco calling it ‘heart wrenching’
Speaking for the first time since the sensational collapse of the Terra ecosystem, Galaxy Digital CEO Mike Novogratz penned an open letter warning of the risks of cryptocurrency. The post Billionaire backer breaks silence on Terra fiasco calling it ‘heart wrenching’ appeared first on CryptoSlate. дальше »
2022-5-19 13:40 | |
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Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations
South Korea's National Assembly and the government are reportedly considering stricter crypto legislation following an emergency probe into the Terra market collapse. The post Terra Market Collapse and Tax Liabilities Could Force South Korea to Rethink Regulations appeared first on BeInCrypto. дальше »
2022-5-19 10:30 | |
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Novogratz says LUNA tattoo is a constant reminder investing ‘requires humility’
“Not going away” — Mike Novogratz says that despite being permanently humbled by the recent Terra collapse, the crypto industry will continue to grow. дальше »
2022-5-19 05:08 | |
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South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse
The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim” on Tuesday, May 17, at a plenary meeting of the National Assembly’s Political Affairs Committee, Yoon Chang-Hyeon stated; We should bring […] дальше »
2022-5-19 23:00 | |
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Maker (MKR) Surges Following TerraUSD (UST) Collapse, Boon for DAI
Maker (MKR) has surged nearly 50% in value over the past week, following the collapse of algorithmic stablecoin TerraUSD (UST). The post Maker (MKR) Surges Following TerraUSD (UST) Collapse, Boon for DAI appeared first on BeInCrypto. дальше »
2022-5-19 20:30 | |
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Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview
Mike McGlone, senior commodity strategist at Bloomberg, and financial commentator Frances Coppola discuss the implications of last week’s Terra collapse in Cointelegraph’s latest interview. дальше »
2022-5-19 20:30 | |
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Terra – A ‘Pyramid Scheme’ – Threatens The Crypto Ecosystem, Billionaire Says
The cryptocurrency industry is currently digesting the rise and fall of Singapore-based Terraform Labs’ network token Terra (LUNA) and stablecoin TerraUSD (UST). Following the unexpected collapse of almost $45 billion in market value over the course of a week, much has been made about the project’s architecture, namely its supposedly defective algorithm, which was led […] дальше »
2022-5-19 20:20 | |
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An Overview Of The Stablecoin Market
The U.S. dollar accounts for nearly 100% of stablecoin value and a window of opportunity for policymakers has emerged with the collapse of UST. дальше »
2022-5-18 17:35 | |
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UK en-route to legalize stable coins following Terra collapse
The UK Treasury Department has reportedly decided to continue regulating stablecoins as legal tender.… The post UK en-route to legalize stable coins following Terra collapse appeared first on Coin Journal. дальше »
2022-5-18 16:55 | |
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LUNA Aftermath: Total Crypto Market More Oversold Than Black Thursday
Panic struck the crypto market last week when Bitcoin broke below support, stablecoins unpegged from the dollar, and LUNA dropped to zero. The bloody aftermath has left cryptocurrencies as a whole more oversold than the Black Thursday COVID collapse. дальше »
2022-5-18 16:26 | |
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CZ on Terra LUNA collapse: ‘This is what diamond hands looks like’
In the wake of the Terra ecosystem implosion, Binance boss ChangPeng Zhao (CZ) commented, “this is what diamond hands look like,” about the 15,000,000 LUNA tokens Binance had received as part of the company’s $3 million investment in Terra. дальше »
2022-5-18 16:15 | |
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First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness
A Glassnode analyst suggests that the collapse of the UST token has triggered a change in investors' stablecoin preferences; cryptos tick higher in Tuesday trading. дальше »
2022-5-18 02:26 | |
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TerraUSD Collapse Spurs ‘Emergency’ Inspections of South Korean Crypto Exchanges
The collapse of TerraUSD has spurred financial authorities in South Korea to launch “emergency” inspections of domestic cryptocurrency exchanges. The post TerraUSD Collapse Spurs ‘Emergency’ Inspections of South Korean Crypto Exchanges appeared first on BeInCrypto. дальше »
2022-5-18 19:00 | |
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South Korea’s financial authorities and politicians start investigating Terra’s crisis
According to South Korea’s local media reports, two South Koren financial authority agencies have started “emergency” investigations into local crypto exchanges in response to the collapse of Terra. дальше »
2022-5-18 18:52 | |
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Institutional Investors Flood Over $300 Million In Bitcoin Fund, BTC To Reverse Above $30k?
Last week saw one of the largest losses of value in the history of cryptocurrency. Bitcoin and the general crypto market crisis was hit by the Terra ecosystem’s collapse. Bitcoin plummeted to under $30,000. дальше »
2022-5-18 17:54 | |
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South Korean Authorities Commence Probes Into Terra Crisis
According to local media reports, two South Korean financial agencies have launched emergency inspections into local crypto exchanges in response to Terras dramatic collapse. A South Korean parliament member has... дальше »
2022-5-18 16:02 | |
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Terra Flaw: Ethereum Creator And Binance CEO Slam Terra Via Twitter
Terra took quite a beating as the Ethereum creator and CEO of Binance criticized Terra and UST token via Twitter. Following the collapse of UST, Terra’s stablecoin and LUNA, its native token, many crypto advocates have aired their sentiments on the subject. дальше »
2022-5-17 13:00 | |
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Terra collapse could ‘accelerate’ crypto regulation by legislators, says Circle CEO
Terra’s recent collapse could hasten cryptocurrency regulation by legislators, according to Jeremy Allaire. Terra’s… The post Terra collapse could ‘accelerate’ crypto regulation by legislators, says Circle CEO appeared first on Coin Journal. дальше »
2022-5-17 11:25 | |
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Anchor Protocol (ANC) wrecked by Terra’s crash – Is there hope for recovery?
Before the UST de-pegging and the eventual collapse of Terra (LUNA), the Anchor Protocol… The post Anchor Protocol (ANC) wrecked by Terra’s crash – Is there hope for recovery? appeared first on Coin Journal. дальше »
2022-5-17 00:34 | |
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TerraUSD (UST) Collapse Triggers Buying Opportunity of Crypto Products, Inflows Hit $274M
Digital asset investment products saw the largest amount of inflows so far this year this past week, amounting to $274 million. The post TerraUSD (UST) Collapse Triggers Buying Opportunity of Crypto Products, Inflows Hit $274M appeared first on BeInCrypto. дальше »
2022-5-17 23:30 | |
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MakerDAO price rebounds as DAI holds its peg and investors search for stablecoin security
MakerDAO returned to prominence after Terra’s UST collapse forced investors to search for a truly “stable” dollar pegged asset.
дальше »2022-5-17 23:15 | |
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Crypto Market Forecast: Week of May 16th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, crypto markets reel from the collapse of UST and LUNA, Fed officials warn that negative growth is coming in the near future, and smart contract tokens are hit hard during the market dip дальше »
2022-5-17 02:30 | |
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First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spend Sunday in the green. дальше »
2022-5-16 01:59 | |
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Here's what USDC is doing right to maintain certainty amidst Terra's meltdown
It was only a week ago when the stablecoin economy got awfully close to surpassing the $200 billion mark. But Terra’s recent collapse changed all that. At press time, the stablecoin market capitalizThe post Here's what USDC is doing right to maintain certainty amidst Terra's meltdown appeared first on AMBCrypto. дальше »
2022-5-14 14:45 | |
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LUNA Investors ‘Suicidal’ After Crypto’s Collapse – Do Kwon Says He’s ‘Heartbroken’
Do Kwon, the creator of defunct cryptocurrencies TerraUSD and LUNA, is now the subject of criticism and investigation after the failure of his enterprise sparked a significant market-wide catastrophe this week. дальше »
2022-5-14 07:29 | |
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What does UST’s depegging mean for crypto? An Expert’s view
An eventful week this was in crypto matters, with the highlight of the pain being the collapse of Terra’s LUNA and algorithmic stablecoin TerraUSD (UST). The token’s crash, which has LUNA virtually at zero and UST clinging on after depegging violently from the dollar, has the market irked, sad and in utter disbelief. дальше »
2022-5-14 21:26 | |
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LUNA Approaches Shiba Inu Prices, Binance Relists LUNA, LunaInu Meme Coin Pumps
After resuming its blockchain several hours ago and activating the network again, Luna continues its downwards spiral, closing in on Shiba Inu prices. The cryptocurrency lost billions in market capitalization within a few days, leading to one of the biggest market collapse crypto markets have seen to date. дальше »
2022-5-14 18:27 | |
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Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg
Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been making rounds in the past week, overshadowing claims of a structural problem with the nature of stablecoins. дальше »
2022-5-13 17:36 | |
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Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework
The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […] дальше »
2022-5-13 13:39 | |
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Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle
Decentralized finance (DeFi) protocol Venus has been added to the lengthening list of those affected by the collapse of the Terra ecosystem this week. The post Venus Protocol Loses $11M Due to Chainlink Suspension of LUNA Price Oracle appeared first on BeInCrypto. дальше »
2022-5-13 09:47 | |
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