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Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K

With Ethereum's long-awaited transition to proof-of-stake (PoS) fast approaching, blockchain analytics firm Coin Metrics is out with a new report explaining the move, along with data that provides some insights about user behavior. Lucas Nuzzi, Coin Metrics head of research and development, joined "First Mover" to discuss the findings. Glen

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Fondos de inversión y traders cripto recortan Tether tras la implosión de UST, según informe

Los fondos de cobertura centrados en criptomonedas están acortando cada vez más la moneda estable Tether (USDT), vinculada al dólar estadounidense, en medio de una perspectiva sombría del mercado casi un mes después de la implosión de terraUSD (UST), dijo el Wall Street Journal en un informe el lunes. Source

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What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion

On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of liquidation. The proposal, dubbed “SLND1 : Mitigate Risk From Whale,” was abruptly launched on Sunday without announcement and the vote

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Wallet That Helped Trigger UST Implosion Linked by Analysis Firm to Terra Developer

According to Uppsala, apart from terra1gr, another Terra wallet "terra13s4gwzxxx6dyjcf5m7" (referred to as terra13s) exchanged funds recently with wallets on the Binance exchange that can be linked to Wallet A. The terra13s wallet is now one of the official wallets of the LUNC DAO, a validator of Terra’s new Terra

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Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard

Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto "Fear and Greed Index," which uses volatility, volume, social metrics, Bitcoin dominance and Google trends data, has plunged to

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Kiyosaki on USD ‘Implosion,’ Musk Considers Social Media, $540M in ‘Sleeping Bitcoins’ Move — Bitcoin.com News Week in Review – The Weekly Bitcoin News

It’s been another bustling week full of colorful stories in the crypto world, with Rich Dad Poor Dad author Robert Kiyosaki talking about the U.S. dollar imploding, and advocating people buy bitcoin, ethereum, and solana — not to mention talk of Spacex founder and CEO Elon Musk potentially starting his

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Traders buy the Bitcoin dip even as Evergrande’s implosion rocks stock markets

Bitcoin (BTC) investors seem concerned about the increasing speculation that China's second-largest property developer, Evergrande Group, will default on its $300 billion in debts. These fears manifest in global equities markets which saw a 1.5% to 3% drop at this morning's market open. Despite the price move, the BTC outflow (net

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