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Ethereum cofounder Vitalik Buterin says stablecoin turmoil should push investors back to 'principles-based thinking' and not rely on endless growth

"In general, the crypto space needs to move away from the attitude that it's okay to achieve safety…

Brian Evans   


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Polygon and Binance swoop in to rescue projects running on Terra

Two of the largest blockchain players in the world are coming to the aid of projects that were buil…

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3 mins read

Russia was invading, so a Ukrainian converted his life savings of $10,500 into the crypto token terra. Then the token crashed.

The Kyiv, Ukraine, resident said he wanted to avoid the risks from Russia's war or a currency colla…

Weilun Soon   


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Weilun Soon   


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Circle CEO says Terra's implosion has given lawmakers the impetus to speed up crypto regulation

Circle CEO Jeremy Allaire said the collapse of Terra has accelerated the need for the federal gover…

Zahra Tayeb   


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3 mins read

Crypto crashed this week as 2 stablecoins broke the buck. Here's what that means, and where the market goes next.

Bitcoin showed signs of stabilizing above $30,000 on Friday, but experts say this week's crash felt…

Carla Mozée   


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2 mins read

Binance suspends trading of Terra and Luna as CEO says he is 'very disappointed' with how the stablecoin creators handled the massive collapse

"[We] felt suspending trading is the best way to protect our users at this time," Binance's CEO sai…

Carla Mozée   


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2 mins read

Customers sue Coinbase over 'untold millions' of losses from a stablecoin's loss of a yen peg

Customers who invested in gyen have alleged crypto exchange Coinbase mislead them about the stablec…

Hamza Fareed Malik   


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3 mins read

WazirX, CoinDCX and CoinSwitch Kuber delist Terra's stablecoins from their platforms

Terra has two tokens, calle UST and Luna. The UST token is a stablecoin whose price is maintained u…

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This week's vicious crypto crash shows a crisis of confidence in the entire ecosystem

For a market that is solely reliant on the dynamics of supply and demand, it's crucial that the cry…

Matthew Fox   


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Crypto market crash — How an algorithmic stablecoin differs from traditional stablecoins

The crashing value of Terra’s UST stablecoin has called the future of algorithmic stablecoins into …

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2 mins read

The crypto crash is a 'double whammy' for young investors who racked up debt to buy tokens, says investment platform

Interactive Investors said 45% of young adults made crypto their first investment, with many using …

Carla Mozée   


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TerraUSD stablecoin tumbles and luna token plunges 97% as rescue attempts fail to avert 'death spiral'

The crash in supposed stablecoin TerraUSD has caused dismay in cryptocurrency markets, and comes du…

Harry Robertson   


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3 mins read

A controversial stablecoin is 'breaking the buck.' Here's what that means, and why it's such a big deal.

The TerraUSD algorithmic stablecoin dropped to as low as $0.67 in a sell-off that was sparked over …

Carla Mozée   


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Terra's luna dives 45% after the network's stablecoin lost its dollar peg again, adding to the pressure on bitcoin

The Luna Foundation Group has said it will sell some of its massive bitcoin reserves to prop up UST…

Weilun Soon   


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3 mins read

Ethereum is no longer the second most preferred proof-of-stake network for miners

Ethereum is expected to fully move to the proof-of-stake system later this year. The Ethereum netwo…

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1 min read

Luna is now the 10th largest cryptocurrency, soaring past dogecoin, avalanche, and shiba inu

Driven by DeFi traders, Terra's cryptocurrency has rallied 12,000% in a year, according to CoinGeck…

Natasha Dailey   


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2 mins read

To the moon? Terra's luna crypto coin has shot up almost 80% in a week, vaulting past shiba inu and avalanche

This lesser-known DeFi token has gained 80% in a week, surging past shiba inu, thanks to an upcomin…

Amanda Cooper   


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The biggest gains in value and popularity among cryptocurrencies have been led by altcoins this year — here are 5 biggest winners in 2021

Shiba inu topped BrokerChooser's analysis of the biggest gainers in price and popularity terms in t…

Carla Mozée   


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3 mins read

Amazon is launching a new cloud gaming service that lets you play hit video games directly from your phone, TV, or computer

Amazon Luna will directly take on Google's Stadia service, and let players stream games from their …

Kevin Webb