Terra Plans $750M Bitcoin ‘Loan’ To Market Makers To Defend UST Peg
The Luna Foundation Guard (LFG) plans to loan $750 million worth of Bitcoin (CRYPTO: BTC) to market makers as part of a wider strategy to protect the UST stablecoin peg.…
DApps Group Will Form ‘DeCartel’; $LAY Token Sale to Begin
Based on the concept that DeFi should be a more accessible service for more people, DeCartel was formed to simplify the complexity of DeFi structure and to enable users to…
Robinhood Lists 2 New Crypto Products: What You Need To Know
Popular retail brokerage Robinhood Markets Inc (NASDAQ: HOOD) has listed two new cryptocurrency products. What Happened: In an announcement on Friday, Barry Silbert, founder of Grayscale parent Digital Currency Group…
Terraform Labs CEO Explains UST Depegging as LUNA Prices Plunge
The hottest stablecoin ecosystem in the crypto industry has shown signs of floundering over the weekend as UST dropped its peg and LUNA prices plunged. Weekend transaction data has revealed…
Covesting April Review: Profitable Trading Strategies and 5,000% ROI
The month of April was a brutal one in global markets like stocks, crypto, and precious metals. The Federal Reserve’s hawkish tone, combined with an escalating international conflict, pandemic, and…
$84 million ‘fishy’ UST dump: Is Do Kwon’s Terra the culprit?
A few hours back, Polygon’s CISO Mudit Gupta took Twitter to highlight a series of “fishy” events associated with UST that took place back to back. Initially, Terraform Labs removed…
‘Dogecoin wouldn’t exist without Litecoin’:DOGE Cofounder
Litecoin has once again started making noise in the market. This is mostly due to the onset of MimbleWimble. Amidst this update, Elon Musk‘s favorite crypto, Dogecoin is continually being…
LBank and Shiba Doge Host Turkey Community to an Iftar Cruise Dinner
LBank hosts the Turkey community for a Cruise Dinner in collaboration with Shiba Dodge on the 24th of April. During the event, the top crypto exchange had the precious opportunity…
How did these Altcoins rally while Bitcoin suffered losses?
The week has started on a bitter note for crypto investors. Bitcoin, the original cryptocurrency has breached the $33k mark, reaching its lowest this year. While the general crypto market…
How Big Is Crypto Crime, Really?
Estimates of the scale of online crime range from under 1% to nearly half of all crypto activity – so CoinDesk looks under the hood.