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Nalezeno "terra": 1475

FTX CEO Sam Bankman-Fried Warns More Crypto Company Insolvencies Are Coming


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...

Wormhole Announces Plans to Support Terra 2.0


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...

Mike Novogratz Now Admits That Terra's Model Was Unsustainable


  Galaxy Digital CEO Mike Novogratz has said that although he was “worried about the macro environment,” he was hoping bitcoin (BTC) “would stay in the USD 30,000 to USD 50,000 range.” At the same time, he argued that the model his once-favorite crypto Terra (LUNA) was built on was unsustainable....

Don’t Fear the Reaper: Why the Market Downtrend Is Good for Crypto


Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.______ As bitcoin (BTC) sunk below the USD 20,000 mark, the panicking voices filled with eschatological fervor seemed to come from around the community. The same USD 20,000 mark that five years ago looked like a pinnacle...

Do Kwon Says He’s No Fraudster and Has ‘Great Confidence’ in Terra 2.0


  Do Kwon, the co-founder of Terraform Labs has spoken out about the Terra 2.0 network, which was launched in the wake of last month’s devastating luna classic (LUNAC) and terraUSD (UST) crash. Speaking to the Wall Street Journal, Kown said he had “great confidence” in his team’s “ability...

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