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Stablecoin Active Addresses Hit New High After Terra Collapse While Bitcoin and Ethereum Addresses Drop
13.7.2022
Following the collapse of Terra and the subsequent crypto crash, stablecoin active addresses surged to a new all-time high. Meanwhile, bitcoin (BTC) and ethereum (ETH) active addresses have plunged drastically during this period.
According to a recent report by crypto intelligence firm Coin...
Everscale Trail-Blazes Through H1 2022
12.7.2022
With live-tested transaction speeds of 64,000 TPS, infinitely scalable blockchain Everscale is undeniably one of the fastest out there, and if H1 2022 is anything to go by, its development progress is no less rapid. Despite seriously bearish trends in the crypto market triggered in large part...
Law Decoded, July 4–11: Access denied for crypto-owning policymakers
12.7.2022
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto
Tether fortifies its reserves: Will it silence critics, mollify investors?
11.7.2022
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
Terra crash highlights stablecoin risk to financial stability: ECB
11.7.2022
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy
Terra Projects Begin Moving to Polygon Months After UST Debacle
11.7.2022
Over $20 million have been earmarked to help projects making the move
Terra projects band together in migration to Polygon ecosystem
11.7.2022
Projects formerly running on the fallen Terra blockchain have collaborated to help each other migrate over to the Polygon layer-two network
After Terra’s fall to Earth, get ready for the stablecoin era
10.7.2022
Did May’s algorithmic stablecoin crashes kill the concept, or is there still a role for fiat-pegged cryptocurrencies?
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
8.7.2022
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations...
Gorilix (SILVA) Triples in Value As Terra Classic (LUNC) & LUNA Begin to Slide Again
7.7.2022
Less than a month into the Gorilix (SILVA) presale, it has continued to follow its upward trend and has more than tripled in price. The presale opened at $0.008 per SILVA token and is currently trading at a little over $0.0245. The token has continued to maintain the interest of the crypto world...
Korea and US agree to share investigation data on Tera-Luna
6.7.2022
The two nations have agreed to share their investigation data on the ongoing crypto-related cases including Terra Luna
Tron’s USDD Regains Stability After Tapping an All-Time Low at $0.92
5.7.2022
Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back to the $0.98 to $0.99 region while reaching $1 on July 3. Tron’s...
Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes
1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...
Coin Race: Top Winners/Losers of June, Q2, and H1; Bitcoin Sees Worst Month Ever
1.7.2022
July is here, and both June and the first half of 2022 – which admittedly have been pretty miserable for the crypto market – are now finally behind us.
As usual, we take a look at how the most popular coins in the market have performed for the past month, quarter, and half-year....
Read More: Coin...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
1.7.2022
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST...
Nansen Casts Blame for stETH 'De-Peg' on Terra
29.6.2022
The report from the blockchain analytics firm also explains how Celsius and Three Arrows Capital helped foment their own declines
Report: A British Virgin Islands Court Order Liquidates Crypto Firm Three Arrows Capital
29.6.2022
According to a recent report from Sky News citing a source familiar with the matter, “cryptocurrency insiders” have said that the troubled crypto hedge fund Three Arrows Capital (3AC) has been formally liquidated by a British Virgin Islands (BVI) court. The report does not disclose...
FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming
29.6.2022
In a recent interview, Sam Bankman-Fried, the founder of the popular exchange FTX, warned that some crypto exchanges are “secretly insolvent” and may soon fail. Bankman-Fried’s FTX and Alameda Research have already helped Blockfi and Voyager Digital as the 30-year-old...
Double bubble? Terra's defunct 'unstablecoin' suddenly climbs 800% in one week
29.6.2022
The USTC price rally does not mean it would reclaim its lost U.S. dollar peg in the future
Wormhole Announces Plans to Support Terra 2.0
28.6.2022
Wormhole has announced it will support Terra 2.0 by adding Terra V2 to its network. It will enable developers to send xAssets to chains supported by the network. Plus, developers could also leverage the cross-chain messaging protocol of Wormhole to create xApps. The community of Terra 2.0 includes...