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Xenoblade Chronicles 3 Special Edition Pre-Orders Crash Nintendo’s Online Store
8.6.2022
Nintendo opened pre-orders for the Xenoblade Chronicles 3 special edition bundle four hours ago. But since then, the online store’s been unstable as folks rush to drop money on the collector’s item.Read more
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
8.6.2022
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto...
Rich Dad Poor Dad’s Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming
1.6.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that a depression and civil unrest are coming. He also warned of the stock and bond markets crashing. Robert Kiyosaki on Markets Crashing, Depression, and Civil Unrest The author of Rich Dad Poor...
South Korea to Launch a Crypto Regulatory Agency in Wake of LUNA Crash
31.5.2022
The South Korean government will step up the launch of a new regulatory body to police the crypto sector – and could fast-track its creation as a direct response to what it has dubbed the “terra (LUNA) incident.”
In an exclusive article, Newspim reported that the body, to be named the Digital...
Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low
31.5.2022
After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis...
First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma
30.5.2022
Bitcoin was headed for a ninth-straight weekly loss, a record in the largest cryptocurrency's trading history dating back to the early 2010s. Terra delivered its new LUNA "revival" tokens, and the price promptly crashed
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse
28.5.2022
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the country following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). Korean Government’s Meeting With Cryptocurrency...
Bitcoin 'good to go up' after BTC price hits lowest since Terra crash
26.5.2022
A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity
Billionaire Investor Bill Ackman Says Unless the Fed Aggressively Hikes Rates, Stock Market Could Crash, ‘Catalyzing an Economic Collapse’
25.5.2022
Billionaire hedge fund manager and founder of Pershing Square Capital Management, Bill Ackman, believes “inflation is out of control.” The investor thinks that if the Federal Reserve “doesn’t do its job” by applying “aggressive monetary tightening,”...
As crypto takes a nosedive, gold-backed tokens ensure investors won’t crash too
25.5.2022
In 2022, crypto investors might turn to the old instrument of market stability — gold. There are various gold-backed cryptocurrencies on the decentralized market
LUNA Investor Arrested for Knocking on Do Kwon’s Door After Losing $2.4 Million in Terra Crash
25.5.2022
A crypto investor has been arrested after knocking on Do Kwon’s door following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). He lost about $2.4 million and is now under investigation by the South Korean police. “I felt like I was going to die,”...
Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
24.5.2022
Officials from all over the world continue discussing the solutions for stablecoins' risks
India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST
24.5.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have been cautioning against crypto and look at what has happened to the crypto market...
After the Recent Market Collapse, What Is the Future of Cryptocurrencies?
20.5.2022
In recent weeks, the crypto market has marked a slump under alarming global conditions. Since their all-time highs, both Bitcoin and Ethereum have lost more than 55%. Cardano has plunged almost 80% since its all-time high, while Solana, one of the crypto world’s breakthrough stars, has lost...
Court documents reveal Do Kwon dissolved Terraform Labs Korea days before LUNA crash
20.5.2022
A revelatory discovery of legal documents could provide greater context to the catalyst of the infamous LUNA and UST price crash
Terra crash not a risk to the broader crypto ecosystem, says Huobi Global CEO
19.5.2022
Du Jun, CEO of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover
Mike Novogratz Ends Twitter Silence, Gives Take on UST/LUNA Crash
18.5.2022
Returning to Twitter for the first time since the plunge in Terra and UST, the Galaxy Digital founder and CEO says it's time to talk about last week and
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST
18.5.2022
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchanges to provide information relating to transactions and investors of the two coins. South...
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
17.5.2022
Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details
US congress research agency weighs in on UST crash, notes gaps in regulation
17.5.2022
The CRS described the TerraUSD crash as a “run-like” scenario where holders started to doubt the reserves that back the dollar peg