UST’s crisis is destructive
[ad_1] Terra’s stablecoin has lost its peg to the dollar and is trading around 5 cents at the moment. The Block’s editor Frank Chaparro has...
Sun: Tron will have ‘no problem repelling speculation’
[ad_1] The capitalization of USDD, the stablecoin on the Tron (TRX) blockchain, is “only” $270 mln according to Justin Sun. He added that Tron would...
Leaked report: South Korea to establish crypto framework by 2024
[ad_1] The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a...
Bitcoin ‘kisses’ $24K realized price after 2nd highest seller losses in history
[ad_1] Bitcoin (BTC) bounced past $28,000 on May 12 after repeating a chart structure not seen since March 2020.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC...
Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
[ad_1] Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart...
Terrible crypto trader gets 42 months for fraud, claiming he was a total gun
[ad_1] A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency...
Could the SEC case against Ripple falter over a conflict of interest?
[ad_1] Newly discovered documents could pose a major roadblock for the Securities and Exchange Commission (SEC) in its case against Ripple if they prove a...
Michael Saylor welcomes FASB vote to review crypto accounting standards
[ad_1] Bitcoin proponent and MicroStrategy CEO Michael Saylor has welcomed the U.S. Financial Accounting Standards Board (FASB) vote to review accounting rules for digital assets...
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
[ad_1] The knock-on effect of the collapse of Terra (LUNA) and its TerraUSD (UST) stablecoin have spread wide across the cryptocurrency market on May 11...
Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting
[ad_1] The annual meeting of the International Swaps and Derivatives Association (ISDA) began Wednesday in Madrid. United States Securities and Exchange Commission (SEC) chairman Gary...