
No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.
Continue ReadingGAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.
Continue ReadingDoom and gloom and an overall sense of unease pervades the market ahead of the World Economic Forum.
Continue ReadingDuring the Queen’s Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow.
Continue ReadingVitalik Buterin has called for relief for the average UST smallholder who got lured in by promises of high stablecoin yields by crypto influencers.
Continue ReadingThe major game developer is reshaping its business strategy to include a more robust NFT ecosystem by investing in blockchain gaming infrastructure.
Continue ReadingThe operator of a major validator node on Terra is displeased with how events unfolded leading to the cessation of the chain, and hopes a whole new blockchain will be created to replace it.
Continue ReadingWhile people on Earth are still expecting decentralized tech mass adoption, for people on Mars decentralization is the only way to organize their, well, everything.
Continue ReadingPointing out the potential issues with forking Terra, CZ said that “Minting, forking, don’t create value.”
Continue ReadingUSDT is the latest stablecoin causing nervousness, while Tether insists that operations are continuing as normal.
Continue ReadingBlockchain integration into any sector has proven to be a fitting move, and the diamond industry’s interest in this technology will without doubt be instrumental in its improvement.
Continue ReadingThe dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system.
Continue ReadingThe downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins.
Continue ReadingSentiment analysis running across a year’s worth of tweets has found that Ether is Twitter’s least favorite cryptocurrency of five studied, while Dogecoin received the most affection.
Continue ReadingDespite the risks involved, Terra’s ‘insane volatility’ still serves as an attractive market for many short-term investors — mainly because LUNA momentarily gained 600% in value on May 14.
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