You Searched For "terra luna" and got 20 results
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2 mins read
Terra's backers vote to keep luna alive and abandon stablecoin UST after its collapse drove a crypto meltdown
Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of old…
Hamza Fareed Malik
2 mins read
The founder of collapsed stablecoin TerraUSD wants to build another blockchain from its network's ashes
Do Kwon wants to hard fork the Terra blockchain to create "classic" and new versions, with 1 billio…
Zahra Tayeb
2 mins read
Crypto regulation needs to allow for 'trial and error' in the market and account for variations between stablecoins, SEC Commissioner Hester Peirce says
"With experimentation ... we need to allow room for there to be failure as well because that obviou…
Carla Mozée
2 mins read
A collapse of Tether could be crypto's 'Lehman Brothers moment' as the world's top stablecoin begins to wobble and major tokens plummet, analyst says
"I am optimistic that [Terra's] fall would not be that catastrophic — a collapse of [Tether] …
Matthew Fox
2 mins read
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
1 min read
Terra revives failed luna cryptocurrency after its major meltdown but it falls sharply after launch
The new token "luna" (LUNA), which serves as the main staking asset of the Terra blockchain, droppe…
Zahra Tayeb
3 mins read
Explained: Five things to know about US-based crypto lender Celsius’s crash
Crypto lender Celsius filed for bankruptcy protection under Chapter 11 on Thursday.
2 mins read
The cryptocurrency market has become a 'postmodern pyramid scheme' and its stunning crash is an opportunity to regulate it, famed economist Paul Krugman says
"The industry lured investors in with a combination of technobabble and libertarian derp," the top …
Jennifer Sor
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
2 mins read
After Luna, Shiba Inu may be the next memecoin to go bust, according to experts
After the crash of cryptocurrency Luna this month, meme-based token Shiba Inu might be the next to …
1 min read
Coinbase reports outages as Terra Luna's fall causes mayhem in the market
The company said it was actively working on the issue. The company on Friday said the situa…
2 mins read
Terra’s stablecoin jumps 5x valuation in 2021 – with $18 billion locked in the DeFi ecosystem
Stablecoins have sort of lost their charm over the past few years. But open source blockchain platf…
1 min read
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
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
Stablecoin tether has beefed up its Treasury holdings and added over $250 million in non-US government debt to its reserves
The issuer of stablecoin tether now holds over a quarter of a billion dollars in non-US debt as par…
Amanda Cooper
2 mins read
SEC boss Gary Gensler warns Terra's crash will be followed by more crypto failures, and that will knock confidence in wider markets
Speaking to reporters after a House Appropriations Committee panel hearing Wednesday, SEC Chair Gen…
Hamza Fareed Malik
2 mins read
Billionaire founder of crypto exchange Binance says he's 'poor again' after its luna holdings once worth $1.6 billion — crashed and are now worth just $2,200
It's likely that Changpeng Zhao meant it as a joke as he remains a billionaire, but luna's meltdown…
Weilun Soon
1 min read
Here are the top cryptos losers that have reported the highest decline in the last 7 days
Here are the top 10 crypto losers in the last 7 days.
2 mins read
Tether losing its one-to-one US dollar peg exposed its vulnerability but also showed how the stablecoin can build confidence in the future
Tether has regained its US dollar peg. But experts say losing it earlier could be a wakeup call for…
Brian Evans
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…