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3 mins read
The Terra LUNA crypto crash has sparked the debate on ‘true’ decentralisation
The prices of Terra’s UST and its sister currency LUNA crashed last week, bringing the whole crypto…
2 mins read
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
5 mins read
Locked out of the Vauld: How the cryptocurrency exchange’s vaulting success unravelled
The year 2022 started well for Vauld, a Singapore-domiciled cryptocurrency exchange. It had raised …
3 mins read
Luna founder proposes hard fork to correct design flaws in ecosystem
Luna’s founder wants to make changes to the blockchain platform in hopes of correcting possible fla…
2 mins read
As Terra's stablecoin collapses and luna hits zero, the crypto project simply switches off its network
Terraform Labs has completely halted the network after luna plunged more than 99%, having earlier f…
Harry Robertson
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…
1 min read
TerraUSD founder Do Kwon mocked an economist for being 'poor' after she criticized his cryptocurrency — which is now collapsing
Crypto entrepreneur Do Kwon's TerraUSD and luna tokens are crumbling, despite his insistence that c…
Harry Robertson
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…
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
3 mins read
Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies
Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…
Business Insider
1 min read
UST Global invests in Indian startup Cogniphi Technologies
New Delhi, Nov 20 () US-based tech major UST Global on Wednesday said it has invested in Cogniphi T…
PTI
2 mins read
Here's what Trump's victory means for Indian markets
Early trends in the US presidential election show Trump leading, which could impact Indian markets.…
1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
3 mins read
The Trump trade is in full swing as markets react to the attempted assassination of the former president
Markets adjusted to the outlook for a second Trump term as betting odds rose in favor of the former…
Huileng Tan
2 mins read
BofA investment chief reveals his 2nd-half playbook: Buy dips in bonds, and sell stocks after the first rate cut
The call from BofA investment strategist Michael Hartnett is a reversal of his "anything but bonds"…
Matthew Fox
1 min read
Billionaire CEO plans to launch a new exchange to trade interest-rate futures
The platform, called FMX Futures Exchange, would list interest rate future contracts and directly c…
Aruni Soni
2 mins read
More Russian oil ships have been floating at sea with nowhere to go amid sanctions pressure
Four ships with at least 3 million barrels of Russian oil were floating with no apparent destinatio…
Jennifer Sor
3 mins read
Ukraine appears to be attacking Russia's oil-and-gas industry with small, cheap drones that can bypass its air defenses
Russia's air defenses have proven to be less potent against small drones because they're meant to d…
Alia Shoaib
1 min read
Ukraine is exploiting gaps in Russia's air defenses, which were designed for a different kind of war
Russian air defenses are stretched thin as Putin attempts to deter NATO while also defending agains…
Tom Porter
2 mins read
An under-the-radar recession indicator in the bond market is sounding the alarm for a hard landing
European and US bond yields are slipping in tandem, a warning sign that also flashed during the Sil…