Terra (LUNA) Crypto Founder Says ‘Failure Of UST Is Equivalent To The Failure Of Crypto Itself’
What Happened: In an interview with Fungible Times, Do Kwon, founder of the Terra (CRYPTO: LUNA) protocol, said that Terra intends to be the largest single holder of Bitcoin (CRYPTO:…
Ljubljana, Slovenia is the Most Crypto-Friendly City in Europe: Here’s Why
Ljubljana has come out on top in a new survey which illuminates just how far ahead Slovenia is when it comes to cryptocurrency adoption. Cryptocurrencies are becoming increasingly popular as…
Terra (LUNA) Crashes 45% As UST Stablecoin Massively Loses Peg Again
The native token of the Terra (CRYPTO: LUNA) blockchain crashed 56% over 24 hours as its stablecoin, TerraUSD (CRYPTO: UST), lost its peg for the second time in 48 hours.…
UST Stablecoin Veers Wildly From Dollar Peg. Here’s the Latest
By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021.
More than a third of AMC online payments are crypto or digital: CEO
“Taken together, these various new payment options, impressively, recently represented about 35% of our total online payments,” said AMC Theatres CEO Adam Aron.
Dogecoin (DOGE) Knockoffs Crash Heavily — One Down 93%
Several Dogecoin (CRYPTO: DOGE)-inspired coins were seen crashing at press time leading up to Monday evening. Top 24-Hour Movement For Dogecoin/Dogecoin-Inspired Coins (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-)…
$1.12 billion wiped out in 24-hours; Bitcoin, Ethereum, Terra traders most affected
With coin valuations rolling down the cliff, the state of the crypto market has been getting worse with every passing day. There was blood all over the streets on Tuesday—Bitcoin…
Bitcoin Drops Below $30K Amid Broader Market Sell-Off, Hits 10-Month Low
Bitcoin (BTC) fell below $30,000 for the first time in ten months.
Bitcoin, Ethereum, Dogecoin Crash Hard — Is This A ‘Tremendous Opportunity’ For Investors?
Bitcoin and Ethereum crashed more than 10% at press time amid a marketwide rout as the global cryptocurrency market cap dropped sharply by 11.3% to $1.4 trillion. Price Performance Of…
Terra peg mechanism in doubt as UST crashes to 67 cents
Terra USD (UST) and its backing coin LUNA have been in a veritable nosedive in price and market cap since major sell-offs began in the ecosystem.