Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse
Backers of Terra have voted to revive the failed cryptocurrency venture without its controversial UST stablecoin. Source link
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Bitcoin/USD Coin Metrics
Coinbase to slow hiring amid plunge in cryptocurrencies and tech stocks
Coinbase told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans to triple its workforce in
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Regulators are growing anxious about stablecoins after Terra’s stunning collapse
U.S. Treasury Secretary Janet Yellen has urged Congress to approve federal regulation of stablecoins. Source link
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Bitcoin bounces back above $30,000 as investors absorb fallout from Terra
The price of bitcoin bounced back above $30,000 after dropping to 2022 lows as investors study the fallout of Terra's
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Bill Miller says he sold some bitcoin to meet margin calls, but remains a long-term crypto bull
Bill Miller revealed Thursday that he sold some of his bitcoin holdings as the recent losses in the cryptocurrency triggered
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Bitcoin tumbles below $27,000 for first time since December 2020 as crypto sell-off intensifies
Bitcoin slumped below $27,000 Thursday for the first time in over 16 months as cryptocurrency markets extended their losses. Source
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Controversial stablecoin UST — which is meant to be pegged to the dollar — plummets below 40 cents
UST, a so-called stablecoin that's meant to maintain a $1 peg, was trading at just 35 cents Wednesday. Source link
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Bitcoin drops below $34,000 over the weekend, extending Friday’s losses
Bitcoin declined to $33,454.57 on Sunday, according to Coin Metrics, following a major stock sell-off in the U.S. last week.
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Binance is backing Elon Musk’s Twitter bid, boosting crypto believers’ vision of a ‘decentralized’ web
Changpeng Zhao, Binance's CEO, is a big believer in the crypto world's vision of a new kind of internet, known
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