Luna Classic jumps by 36% despite turbulent markets
Luna Classic, which was previously known as Luna, jumps 36% despite the turbulent market conditions.
Source: techstory.in
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Terraform Labs Staff Banned From Leaving South Korea: Report
South Korean authorities have reportedly banned former and current Terraform Labs employees from leaving the country.
Source: cryptobriefing.com
Opinion: The Centuries-Old Financial System Better Than Reckless New DeFi
In the history of dangerous naivety, the decentralized finance mania of 2021 will hold its own against the 2007 boom in collateralized debt obligations.
Matthias Schramm Markus Taube Mercadolibre Inc Ant Group Co Coinbase Global Inc International Settlements
Source: ndtv.com
Crypto's excruciating week has traders bracing themselves for next crisis
Last week showed how interconnected big players in the crypto system are and how fast contagion can spread. Read more at straitstimes.com.
Source: straitstimes.com
We're Sorry, But We Can't Return Your Money Right Now: Crypto Market Talk
It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: Wer'e sorry, but we just cant return your money right now.
Source: ndtv.com
Crypto's excruciating week has traders bracing for next crisis
The value of bitcoin has fallen for 11 straight days, its longest ever sustained slump. It’s value has dropped more than 70% since its highs in November.
Source: afr.com
Cascading Liquidations Send Bitcoin Below $18,000 As Daisy-Chained Margin Call Contagion Sparks Record Selling
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
TechScape: why you shouldn't worry about sentient AI … yet | Google
A researcher says Google has created an AI being with smarts <em>and</em> soul, but my own attempt reveals the truth behind those claims. Plus, the latest crypto crash
Source: theguardian.com
Why Celsius Network froze withdrawals — Quartz
The crypto-lender Celsius Network halted withdrawals and transfers citing liquidity issues
Source: qz.com
What Can We Learn From LUNA's Collapse?
On the heels of Ethereum, at a $41 billion market cap in April, Terra (LUNA) was supposed to usher Finance 2.0 by providing a blockchain counterpart to the VISA payment system.
Source: valuewalk.com