BlackRock and Citadel Securities Firmly Reject Rumors About Involvement in Luna & UST Crash
Both BlackRock and Citadel Securities have denied the rumors that they were involved in the recent crash of LUNA and...
Ethereum
Brazil’s Biggest Bank Adds Bitcoin and Ethereum Trading For Users
Nubank unveiled support for cryptocurrency investment Users will be able to trade Bitcoin and Ethereum Paxos will power the service...
Terra CEO Do Kwon Co-Founded Flunked Algorithmic Stablecoin Before UST: Coindesk Report
Do Kwon was supposedly a co-founder of a crashed stablecoin protocol – Basis cash The token leveraged an algorithmic model...
LUNA Holders and Stakers Incur Heavy Losses As Token Price Falls 90% In 24 Hours
Stakers are left stranded as LUNA’s crash continues Unstaking coins takes around 3 weeks on Terra Terra’s native token is...
Coinbase Quarterly Earnings Report Reveals New Bankruptcy Risks To Investors
Coinbase’s Q1 earnings report raised eyebrows earlier today by adding an update that states that Coinbase can leverage stored crypto...
Major South Korean Exchanges Release LUNA Update Amid UST Debacle
The “big four” in Korea warn investors of LUNA’s fluctuating price Bithumb and Coinone suspended deposits for now The update...
Luna’s Price Drastically Collapses Below $5, What Will Be the Regulatory Implications That Come Out of This?
The price of the LUNA token has dropped below $5, while the UST stablecoin has undergone a massive depegging from...
Michael Saylor: MicroStrategy Could Post Some Other Collateral for its Loan Besides its 115k BTC, if Bitcoin Drops below $3,562
Quick take: Michael Saylor has clarified that MicroStrategy can collateralize its $205 million loan from SilverGate bank with its 115,109...
KuCoin Raises $150M in Pre-Series B Funding at a $10B Valuation
Quick take: KuCoin has raised $150 million in a pre-series B funding round at a $10 billion valuation The funding...
Avalanche Founder: I’m Bullish on UST Once the Dust Settles Down
Summary: The Founder of Avalanche and CEO of Ava Labs is bullish on TerraUSD (UST) ‘once the dust settles down’...
UST Depegging Catches the attention of US Treasury Secretary Yellen, Who Calls for Stablecoin Regulation by EOY
Summary: UST’s depegging sage over the last 72 hours has caught the attention of US Treasury Secretary Yellen US Treasury...
Flow Launches A $725 Million Ecosystem Fund To Boost Web3 Developments
Flow blockchain has announced a new ecosystem fund worth $725 millionThe fund will help spark innovation among global developers and...
Binance Agrees On Exclusive Crypto Sponsorship Deal With Brazilian Football Association
Binance becomes the sole crypto sponsor for four major football competitions in Brazil The partnership covers the country’s primary football...
El Salvador and Tron DAO Reserve Each Buy 500 Bitcoin Amid Crypto Market Dump
President Nayib Bukele said El Salvador bought an additional 500 BTC on Monday The Central American Jurisdiction previously approved Bitcoin...
Luna Foundation Guard Drains Bitcoin Treasury To Save UST Peg
The Luna Foundation Guard used $1.5 billion from its treasury to help project the $1 peg of UST.$750 million worth...
