Uncovering Terra's Implosion — Terraform Labs' Big Name Backers and 'Zero Exposure' Claims

Uncovering Terra's Implosion — Terraform Labs' Big Name Backers and 'Zero Exposure' Claims

Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has dropped to fresh new lows, slipping to $0.0156 per unit. Terra’s founder Do Kwon revealed a plan on Wednesday, but after some brief healing, Terra’s native tokens LUNA and UST continued to plummet. Now people are beginning to wonder who backed this popular crypto project, and which crypto firms had a lot of exposure to the failing assets.

News 2022-05-13 12:17
Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When the 'Bottom Is In'

Rich Dad Poor Dad's Robert Kiyosaki Plans to Buy Bitcoin When the 'Bottom Is In'

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, believes bitcoin could crash to $17K. However, he also believes the cryptocurrency “will win” because America is led by the three stooges. He has been recommending bitcoin to investors alongside gold and silver.

News 2022-05-13 12:12
Tether claims they were ready for this bank run

Tether claims they were ready for this bank run

Tether CTO declared that Tether was ready for a bank run over a month ago

News 2022-05-13 12:08
Crypto.com boss clarifies what’s different between now and last bear market

Crypto.com boss clarifies what’s different between now and last bear market

The bear market is here, but Kris Marszalek states crypto will come back stronger.

News 2022-05-13 11:44
The cryptocurrency market is experiencing an unprecedented crash

The cryptocurrency market is experiencing an unprecedented crash

Turns out that so-called 'algorithmic stablecoins' aren't so stable.

News 2022-05-12 12:53
Shiba Inu gives update on new developments, including the SHI stablecoin

Shiba Inu gives update on new developments, including the SHI stablecoin

Shiba Inu developments, per Riyoshi's Vision' are in full swing, but no firm dates were given at this time.

News 2022-05-12 12:14
Cardano's Hoskinson Says 'Best-to-Market' Crypto Could Help Avoid Economic 'Collapse'

Cardano's Hoskinson Says 'Best-to-Market' Crypto Could Help Avoid Economic 'Collapse'

Hoskinson called the global economy a “train wreck,” but believes cryptocurrencies can help “restore some trust.”

News 2022-05-12 10:42
Crypto Firms Quick to Announce No Exposure to UST, LUNA

Crypto Firms Quick to Announce No Exposure to UST, LUNA

Stakeholders rushed to Twitter this morning to head off any damage caused by Terra’s stablecoin and native token cratering.

News 2022-05-12 10:35
Dogecoin price is on the verge of a 70% downturn

Dogecoin price is on the verge of a 70% downturn

Dogecoin price is grappling with the lower trend line of a bullish pattern. This development comes after a wildly bullish narrative over the last few weeks. Therefore, investors need to pay attention to Bitcoin’s directional bias.

News 2022-05-11 23:48
Web 3能否加速区块链市场实现爆炸式增长?

Web 3能否加速区块链市场实现爆炸式增长?

根据Prophecy Market Insights的数据,2020年全球Web 3.0区块链市场的价值约为12亿美元,预计到2030年将爆发到877亿美元,年复合增长率为45.2%。

News 2022-05-11 11:47

Latest News

No data