Crypto Fund Arca Doubled Down on UST Amid Stablecoin’s Collapse
“UST will ultimately maintain its peg,” the hedge fund told partners Tuesday in a note obtained by CoinDesk.
Series of Stablecoins Lose Pegging Following TerraUSD (UST)
Following the de-pegging debacle overtaking TerraUSD, several other stablecoins appear to have lost their peg to the dollar as well. Earlier this week, stablecoin TerraUSD (UST) very noticeably lost its…
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000.
5 Top Investors Who Lost Millions From The Terra Luna Crash
TerraUSD (CRYPTO: UST) billed itself as the gold standard of algorithmic stablecoins, but the once-“stable” coin lost its peg over the weekend, plummeting by 71% at its lows and taking…
‘$DAI Will Die’ Tweet Twisted Back on Terra’s Kwon as UST Loses $1 Peg
DAI briefly surpassed UST as the biggest DeFi stablecoin on Wednesday.
Do Kwon Is the Elizabeth Holmes of Crypto
If you promise investors something impossible, is it a crime?
Bitcoin Struggles Near $27K-$30K Support Zone
Bitcoin (BTC) is deeply oversold on the daily chart, but upside appears limited as long-term momentum deteriorates. Initial support is between $27K-$30K.
Rare Antiquities Token NFT Fractionalization Marketplace Launched
The launch of the Rare Antiquities Token NFT fractionalization marketplace featured an epic fail at Aura Skypool Dubai last month. What promised to be an amazing PR stunt failed when…
Terra’s UST De-Pegging a ‘Brilliant’ Soros-Style Attack, Claims Analyst
Terra’s (LUNA) UST de-pegging from the U.S. Dollar was part of a ‘brilliant’ Soros-style stratagem that netted its perpetrator close to a billion dollars. So claims market analyst the Onchain…
Bitcoin Miner Argo Blockchain ‘Leans Toward’ Designing Custom Miners With Intel Chips
Custom bitcoin mining rigs will allow miners to design their own machines, instead of having to settle for ready-made ones from a duopoly of manufacturers.