Binance CEO Changpeng Zhao (“CZ”) expressed disappointment at how the whole UST/LUNA escapade was handled following UST’s de-peg. In a thread of tweets on Friday, …
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed (Cointelegraph)
BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar …
El Salvador’s over $100 million Bitcoin purchase is now worth $66 million (Cryptoslate)
El Salvador’s Bitcoin (BTC) investment is performing poorly, with the value of the more than 2,000 units it holds falling by about $40 million. The …
Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg (Zycrypto)
Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been making rounds in the past …
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’ (Cointelegraph)
The ECB drops another working paper on the digital euro causing more outrage from Europeans opposing a central bank digital currency.
Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash (Cryptoslate)
Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation …
UK YouTuber KSI’s $2.8 Million LUNA Investment is Virtually Worthless (cryptopotato)
Popular British YouTuber and rapper JJ Olatunji, commonly known as KSI, recently revealed that he has lost over $2.8 million in LUNA following the cryptocurrency’s …
Waves USDN Stablecoin De-Pegs But Now Trades at $0.93 (u.today)
This is not the first occurrence of the USDN’s price slipping significantly from the dollar peg
Trust in stablecoins ‘infinitely more important’ than collateral (Cointelegraph)
As the debate over the trustworthiness of stablecoins intensifies due to Terra, one expert thinks builders should push for the coins to be decentralized with …
SEC Commissioner Calls for Accelerated Stablecoin Regulations After the UST Fiasco (cryptopotato)
Peirce, also affectionately known as ‘Crypto Mom,’ said that there might soon be movement on stablecoin regulations in the U.S. The comments came at an …