Blockchains Manager

One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday.

Hedge fund giant Citadel Securities and Asset manager BlackRock have outright denied their involvement in trading TerraUSD (UST). JUST IN: Blackrock and Citadel have denied trading with Terra’s stablecoin $UST.…

Shares of several popular altcoins, including Baby Dogecoin (CRYPTO: BABYDOGE), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO:…

Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO:…

Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at…

Shiba Inu holders might be in for a treat as Shytoshi Kusama hinted about the announcement of a developer for the SHIB Metaverse. The news about the onboarding of this…

Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana’s SOL token saw a 30% dip. Option traders are seeking downside protection.

Sen. Pat Toomey, the Banking Committee’s top Republican, doesn’t want asset-backed stablecoins tarnished by the UST drama.

The miner’s adjusted EBITDA margin slipped to 48% in the fiscal third quarter versus 72% in the prior quarter and 57% a year ago.

“The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds,” said the regulators.