BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.
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May 19, 2022 at 10:08 a.m. UTC
May 19, 2022
Terra
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Mike Novogratz Ends Twitter Silence, Shares Take on UST/LUNA Crash
The Galaxy Digital CEO confirmed that his company had been taking profits on its Terra holdings this year.
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May 18, 2022 at 6:06 p.m. UTC
May 18, 2022
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What to Watch for in Tether's Upcoming Attestation Report
The leading stablecoin project still hasn’t published its March report attesting to its reserves. Following Terra, investors have a right to more timely information, says our...
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May 18, 2022 at 5:21 p.m. UTC
May 18, 2022
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Let Terra Die
Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.
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May 18, 2022 at 4:31 p.m. UTC
May 18, 2022
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Ikigai’s Travis Kling on Markets, Stablecoins and Crypto Use Cases
Bitcoin dipped under $30,000 Wednesday amid a retreat across traditional markets, driven in part by Fed Chair Jerome Powell’s pledge to keep tightening monetary conditions unt...
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May 18, 2022 at 4:00 p.m. UTC
May 18, 2022
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Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
The company said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.
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May 18, 2022 at 3:39 p.m. UTC
May 18, 2022
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Do Kwon Pushes On-Chain Proposal Live Even as 92% Vote 'No' in Online Poll
The plan to put Terra back on track after last week’s implosion was made live this morning, but online poll results suggest the community is against the move.
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May 18, 2022 at 12:37 p.m. UTC
May 18, 2022
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Musk Sets New Condition for Twitter, Citi Says Terra’s Fallout Unlikely to Hit Wider Financial System
The most valuable crypto stories for Tuesday, May 17, 2022.
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May 17, 2022 at 9:00 p.m. UTC
May 17, 2022
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Swan Bitcoin CEO: Terra Was a ‘Ponzi Scheme’
Swan Bitcoin CEO Cory Klippsten discusses why he’s “not surprised” about the collapse of Terra’s UST and LUNA, saying “their whole scheme was a ponzi scheme.” Plus, his take o...
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May 17, 2022 at 8:10 p.m. UTC
May 17, 2022
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Terraform's Legal Team Quits Amid Terra Stablecoin Fallout
Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May, according to their LinkedIn profiles.
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May 17, 2022 at 5:51 p.m. UTC
May 17, 2022