Binance CEO Does Not Think Forking Terra is the Solution to LUNA and UST’s Woes
Summary: CZ has expressed concerns over a proposal to fork the Terra chain to create new LUNA and UST digital...
Ethereum News
Singaporean LUNA and UST Investor Reportedly Files a Police Report Against Terra’s Do Kwon
Summary: A user on Reddit claims that he has filed a police report on behalf of 1,000 Singaporeans against Terra’s...
LUNA, UST Meltdown Forces VanEck and 21Shares to Suspend Trading of 2 Terra ETPs
Summary: The downward spiral by Terra (LUNA) and TerraUSD (UST) has resulted in VanEck and 21Shares suspending the trading of...
Terra’s Do Kwon: I Sold No Luna Nor UST During the Crisis
Summary: Terra’s Do Kwon has stated that he did not sell any LUNA nor UST during the depegging crisis and...
Circle’s USDC Stablecoin Reserves are 77.1% in US Treasuries and 22.9% in Cash
Summary: USDC’s reserves are 77.1% ($39 billion) in US Treasuries and 22.9% in Cash ($11.6 billion) The reserves are worth...
Microsoft Excel is Now Baselined
In December, 2021, the Core Developer Community of the Baseline Protocol, an EEA Community Project, Demonstrated How to Baseline an...
The Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback
Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s...
Tether Reduces its Commercial Paper Holdings in Favor of US Treasuries for its Reserves
Quick take: Tether’s CTO has stated that the company has reduced its holdings of commercial paper and increased its US...
Binance Relists LUNA and UST as the Terra Blockchain Resumes Block Production
Summary: Binance has announced that it will relist Terra (LUNA) and TerraUSD (UST) This is after the Terra blockchain was...
Bitmex’s Arthur Hayes: I am a Buyer of Bitcoin at $20k and Ethereum at $1,300
Quick take: Bitmex Founder Arthur Hayes says that he is a buyer of Bitcoin at $20k and Ethereum at $1,300...
Binance CEO Weighs In On LUNA’s Tumble Below 1 Cent And UST’s Crash
Changpeng Zhao tweeted his disappointment about how the Terra team handled things CZ said the team barely communicated with the...
Celsius Network Pulls Out Over $500M From Terra’s Anchor Protocol
Celsius Network has pulled out over $500 million from Anchor Protocol.Anchor Protocol is a lending and borrowing protocol on the...
Elon Musk Paused The $43 Billion Twitter Takeover Until The Platform Confirms The Number Of Spam Accounts
The massive deal has been halted Elon wants to confirm the accurate percentage of spam accounts on Twitter Reuters puts...
Robinhood’s Stocks Soar 20% After Sam Bankman-Fried Confirms His Stake In The Company
CEO of cryptocurrency exchange FTX Sam Bankman-Fried has bought a 7.6% stake in RobinhoodBankman-Fried has acquired approximately 56 million shares...
Aurora Initiates $90m Fund to Boost DeFi Development on the Near Protocol
Summary: Aurora has launched a token fund worth $90 million geared towards financing DeFi-based applications on the Near Protocol The...
