Tag: terra

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Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News  Read more »Sign up for e-EUR – the…
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Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have seen significant gains. LUNC has climbed 8% higher during the past 24 hours and the…
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Seoul Says It Is Talking to Int’l Counterparts About Streamlined Stablecoin Regulations

South Korean regulators say they will move to regulate stablecoins in the wake of the “Terra/LUNA incident.”… Read More: Seoul Says It Is Talking to Int’l Counterparts About Streamlined Stablecoin Regulations  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Do Kwon Interview Sparks Twitter Drama – Before It’s Even Dropped

An upcoming interview with Do Kwon, the Co-founder of Terraform Labs and the mastermind of a number of Terra ecosystem coins, has galvanized the crypto community – drawing criticism from some parties before it has even aired. In a preview for the full interview, which will be released later today, Kwon states: “Terra was supposed…
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What DeFi Offers Beyond Lending for Crypto Speculation

DeFi advocates claim that his nascent industry will continue to grow and, ultimately, make good on its promises. “By removing the need to rely on intermediaries, DeFi makes traditional banking services far more accessible.” Leading DeFi protocols are now seeking exposure to real-world assets. DeFi “has passed the threshold of speculation and investment.”____… Read More:…
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Crypto lending platform Hodlnaut suspends services due to liquidity crisis

Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST. Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals, and deposits blaming market conditions and lack of liquidity. The crypto…
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How to Spot the Next Celsius Before It’s Too Late

It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead balloon…. Read More: How to…
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Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss

The crypto contagion only hurt entities that poorly managed their treasuries, but didn’t affect the underlying blockchain technology, he said. The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor balance sheet management” and not the underlying blockchain technology, says Kraken Australia’s managing director Jonathon Miller. Speaking…
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NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs

In the US, New York’s Attorney General says she wants Big Apple-based crypto industry workers and investors to come forward with complaints about unscrupulous crypto firms…. Read More: NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs  Read more »Pay, Trade, Buy Bitcoin with Credit Card