Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky
Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky
Janet Yellen cites Terra’s UST fiasco while warning over stablecoins. Crypto.com COO warns of tough times ahead for markets. Asian Games postponement, Covid-19 lockdowns affec...
Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky

Bitcoin Net Transfer Volume on Exchanges Rising to Highest Level in Over 4 Years
Bitcoin Net Transfer Volume on Exchanges Rising to Highest Level in Over 4 Years
The amount of bitcoin flushed onto crypto exchanges is rising to its highest level in over four years. This comes as the Luna Foundation Guard drained its $1.5 billion bitcoin...
Bitcoin Net Transfer Volume on Exchanges Rising to Highest Level in Over 4 Years

What's Happening to UST?
What’s Happening to UST?
Algorithmic stablecoin TerraUSD (UST) lost its peg to the U.S. dollar, falling to a low of $0.61 before bouncing back to around $0.90. Arca Head of Research Katie Talati share...
What's Happening to UST?

Yellen Highlights UST Woes at Hearing on Financial Risks: Will Stablecoin Regulation Come Sooner Than Later?
Yellen Highlights UST Woes at Hearing on Financial Risks: Will Stablecoin Regulation Come Sooner Than Later?
U.S. Treasury Secretary Janet Yellen brought up the ongoing distress of the UST stablecoin during testimony before the Senate Banking Committee on Tuesday. This came as UST de...
Yellen Highlights UST Woes at Hearing on Financial Risks: Will Stablecoin Regulation Come Sooner Than Later?

Terra Founder Floats $38M Proposal for American Sports League Deal
Terra Founder Floats $38M Proposal for American Sports League Deal
Terraform Labs founder Do Kwon floated a funding proposal for $38.5 million from the Terra community treasury to sponsor a major American sports league team he didn’t name. Th...
Terra Founder Floats $38M Proposal for American Sports League Deal