Morgan Stanley Says NFTs Next to Watch After UST Collapse
Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said. Source
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Collapse
Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Bitcoin was recently trading above $31,000, up nearly 6% over the past 24 hours and more than 16% from the $26,600 depths it sank to mid-Friday. "Bitcoin did indeed face downward pressure that saw it losing the $30K support, but it did not fall below the 25K level," Joe DiPasquale,
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The Collapse of UST and LUNA Was Devastating, but There Is Still Hope for Crypto
On the bright side, somehow bitcoin didn’t completely collapse. Over 80,000 BTC from that almost $4 billion treasury was potentially sold (we can’t yet confirm if the bitcoin was actually sold, but it was sent to exchanges) during the mad dash to get UST back to $1. That caused a
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Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse
The admission comes after the stunning demise of the Terra blockchain’s flagship project. Source
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Terra’s Planetary Collapse Is Taking Down Crypto Lending; Altcoins Plummet
Still, other cryptocurrencies fared far worse, a sign of the risk-off environment that has investors veering away quickly from any asset with a whiff of risk. Ether, was trading at about $1,960, off about 5% after dipping under $1,800 earlier in the day, the first time since last July it
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Luna's Collapse Shows DeFi's Dire Need for Technical, Regulatory Controls
Luna's Collapse Shows DeFi's Dire Need for Technical, Regulatory Controls Original Source
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Terra blockchain officially halted following LUNA price collapse
Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s LUNA token. Terraform Labs' official Twitter handle confirmed that the blockchain network was halted at a block height of 7,603,700. The move
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Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse – Featured Bitcoin News
The world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock, Citadel Securities, Gemini Deny
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ViaBTC Capital｜The Collapse of LUNA
Timeline of the Collapse: -In the early morning of May 8, to prepare for the 4Crv Pool, Luna Foundation Guard (LFG), a Singapore-based non-profit that maintains the Terra network, removed $150 million worth of UST from the UST-3Crv Pool. At this time, the TVL of the pool was around $700 million.
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Citadel Securities, BlackRock, Gemini Slam Social Media Accusations of Involvement With UST Collapse
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