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What DeFi Offers Beyond Lending for Crypto Speculation
14.8.2022
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....
EU Official Says Europe’s MiCA Bill Would Prevent ‘Schemes’ Like Terra From Happening
10.8.2022
SEOUL, South Korea – A European Union official told attendees at the Korea Blockchain Week conference in Seoul on Tuesday that the Terra collapse would have been impossible under the regulatory requirements laid out in the EU’s Markets in Crypto Assets (MiCA) bill
Former Terra-Affiliated Project Kujira to Issue Stablecoin
9.8.2022
The USK stablecoin is taking a cue from DAI and is set to maintain its price peg by a combination of overcollateralization of ATOM tokens and trading incentives
Crypto Lender Hodlnaut Pauses Withdrawals — Company Cites Market Conditions, Despite Recent Crypto Rally
8.8.2022
On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the last three months, leaving customers little hope that they will see their funds...
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
8.8.2022
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
How to Spot the Next Celsius Before It’s Too Late
7.8.2022
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...
DappRadar Report Shows First Signs DeFi Recovering From Terra Collapse
5.8.2022
DappRadar, the global app store for decentralized applications, released its July Blockchain Industry Report today, revealing that DeFi is starting to recover from Terra’s collapse. While the total no. of unique active wallets (UAWs) may be down, the total value locked (TVL) in DeFi improved...
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss
3.8.2022
The crypto contagion only hurt entities that poorly managed their treasuries, but didn't affect the underlying blockchain technology, he said
CoinShares reports $21.7M loss tied to Terra implosion
2.8.2022
The firm's book-making took a huge hit after being exposed to the TerraUSD collapse
Singaporean financial watchdog to consult public on stablecoin regulation
2.8.2022
The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins
NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs
2.8.2022
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
South Korean Prosecutors Wrap up Terra Raids on Exchanges, Tech & VC Firms
2.8.2022
A more than week-long prosecution raid of South Korean crypto exchanges and companies linked to Terraform Labs has finally come to an end, with officers admitting that finding the information they were after was challenging.
As reported, the Seoul Southern District Prosecutors’ Office-run Joint...
GameFi and Metaverse least affected by Terra debacle: Report
1.8.2022
Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respectively in Q2
Terra's Collapse Is a Hard Lesson for Sloppy Crypto VCs and Gullible Retail Investors
31.7.2022
It’s not the greatest time to be a venture capitalist (VC) in crypto. Many of them have seen both the value of their investments and reputation plummet, as projects they were actively promoting, such as Terra, failed spectacularly, hitting the whole crypto industry. ...
Read More: Terra's Collapse...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
30.7.2022
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May...
Pain ahead for algorithmic and non-cash backed stablecoins: IMF director
28.7.2022
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs
The Blow-up of 3AC - LTCM Without the Nobel Economists
26.7.2022
Benjamin Dean is the Director of Digital Assets at investment company WisdomTree in Europe.
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Read More: The Blow-up of 3AC - LTCM Without the Nobel Economists
World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News
26.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: World Economic Outlook, Crypto Tax Exemption, Cryptojacking Rising + More News
Tether encuentra paridad estable con el dólar tras colapso de Terra
26.7.2022
Aunque tether ha pasado el estrés de mercado con un retorno a la normalidad, persistirán las preocupaciones sobre sus reservas, dijo un trader
Tether Finds Stable Dollar Peg After Terra's Collapse
26.7.2022
While tether has passed the market's stress test with a return to normalcy, concerns about its reserves will linger, one trader said