First Mover Americas: Bitcoin Heads for Record 8-Week Losing Streak
The latest moves in crypto markets in context for May 20, 2022.
The latest moves in crypto markets in context for May 20, 2022.
A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
Investors have largely exited the Terra ecosystem – now evident in DeFi protocols on the blockchain – and analysts remain skeptical about its long-term prospects.
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
Avalanche, the smart-contracts blockchain, says it is ready to work with Luna Foundation Guard on a “sensible trading strategy” if the tokens were to be sold.
With bitcoin steadying below $30,000, and a look at the human costs of speculation, CoinDesk’s Markets Daily is back with the latest news roundup.
The latest moves in crypto markets in context for May 19, 2022.
On-chain participants are already voting “yes” to the measure.
Delphi says the LUNA tokens accounted for 13% of its assets under management at their peak, while Hashed appears to have lost over $3.5 billion.
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.