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.
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/M2HERP3NMJE3RBLQTHKKNSMUU4.jpg )
Sponsored
May 20, 2022 at 2:20 p.m. UTC
May 20, 2022
terra
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/Z3KK2IPH65FBRGKWKRUVGPH5WM.jpg )
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
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.
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.
Sponsored
May 20, 2022 at 2:04 p.m. UTC
May 20, 2022
Intermediate
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/FKOJFTF4QRBXHICHR6VOPXVLPA.jpg )
It’s Not Just LUNA. Terra’s DeFi Apps Have Hemorrhaged $28B
Investors have largely exited the Terra ecosystem – now evident in DeFi protocols on the blockchain – and analysts remain skeptical about its long-term prospects.
Investors have largely exited the Terra ecosystem – now evident in DeFi protocols on the blockchain – and analysts remain skeptical about its long-term prospects.
Sponsored
May 20, 2022 at 12:50 p.m. UTC
May 20, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/U2ZODY7RIFANBHLFOAWJ3IBK54.jpg )
UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
Sponsored
May 20, 2022 at 9:06 a.m. UTC
May 20, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WDPE5CTV75CUXCRPWIQB3CHCJE.jpg )
Avalanche Says Luna Foundation Guard Has 'Disclosed No Plans' for AVAX Tokens
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.
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.
Sponsored
May 19, 2022 at 9:50 p.m. UTC
May 19, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PJTR3KRDWJCRVE3QREM6KUOK7A.png )
Crypto News Roundup for May 19, 2022
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.
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.
Sponsored
May 19, 2022 at 3:47 p.m. UTC
May 19, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PRCVQSUCX5AH3JIJO36KLE4SLY.jpg )
First Mover Americas: Hashed Takes $3.5B Hit on LUNA as Bitcoin Trades Under $30K
The latest moves in crypto markets in context for May 19, 2022.
The latest moves in crypto markets in context for May 19, 2022.
Sponsored
May 19, 2022 at 1:37 p.m. UTC
May 19, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UR2NI2T3RNAIBHFE26T34FQW5Y.jpg )
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
On-chain participants are already voting “yes” to the measure.
On-chain participants are already voting “yes” to the measure.
Sponsored
May 19, 2022 at 10:54 a.m. UTC
May 19, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/OT7NJQBYQNDPTNDSFDBXAWO3HY.jpg )
Hashed Wallet Takes $3.5B Hit, Delphi Digital Discloses Loss After Terra's LUNA Collapse
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.
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.
Sponsored
May 19, 2022 at 10:28 a.m. UTC
May 19, 2022
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/KU4XIC5N7VDHROY7O43FTFT7FM.jpg )
BofA Says Crypto Winter, Contagion Risk Concerns Are Overdone
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.
The collapse of the Terra network was due to prioritization of mass adoption over price stability, the bank said.
Sponsored
May 19, 2022 at 10:08 a.m. UTC
May 19, 2022