Luna Foundation Guard adviser says Do Kwon hasn't reached out since UST crash
It has been almost two weeks since Terraform Labs’ cryptocurrency LUNA and algorithmic stablecoin Terra USD (UST) imploded, bringing down the crypto markets with them.
There have been public conversations from both the creator of the project, Do Kwon, and entities associated with it about the
What’s more stable than Bitcoin or UST? AriZona Iced Tea
ICYMI, stablecoins are in deep shit right now, and the chaos that unfolded this week has thrown the entire crypto ecosystem into turmoil with over $400 billion in losses from just one coin alone. In these times of uncertainty, all we can rely on is that we can purchase a can of AriZona Iced Tea for
Goldman Sachs co-leads $70M investment in Elwood Technologies
Despite continued volatility in the crypto markets, there still are plenty of funding rounds being announced by traditional finance players betting on companies experimenting with crypto.
Elwood Technologies, a crypto-focused platform founded by British hedge fund billionaire Alan Howard, closed a
Linktree is rolling out new features to allow creators to showcase their NFTs
Link-in-bio platform Linktree is the latest company that is looking to integrate NFTs into its service, as the company has revealed a set of new features that will allow creators to showcase their NFTs and “build a community around ownership.” The company says that with this new launch,
Spotify is testing a new profile feature that lets select artists promote their NFTs
Spotify is testing a new feature that allows artists to promote their NFTs on their profiles, the company confirmed to technewss on Monday. The company says the new option is available for a “very small group of artists.” The test is currently available to select Android users across t
South Korea’s new pro-crypto president gets pushback
One of the pledges Yoon Suk-yeol made to his voters was to implement a set of crypto-friendly policies in South Korea. Yoon, who won the presidency in March and came into office this month, said he would raise the tax threshold for crypto investment gains to 50 million won, or around $38,922. But h
Postmates founder banks $23 million for his new crypto startup TipTop
Postmates founder Bastian Lehmann’s new crypto startup TipTop was lightly teased out a few weeks ago, but now the stealth startup is sharing some info on its early funding, though there’s not much info on what they’re actually doing with that money.
Lehmann notes that the company
Binance halts Luna and UST trading following meltdown
Binance, the world’s largest cryptocurrency exchange, has halted the trading of Terraform Labs’ Terra (Luna) and TerraUSD (UST) tokens on its platform following one of the industry’s biggest meltdowns.
The exchange indefinitely suspended the trading of Luna and UST tokens across a
Ex-Meta crypto chief David Marcus launches Bitcoin payments startup backed by a16z and Paradigm
After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land. Today, the former Messenger boss and Paypal executive offered some early details on his next company Lightspark, which will be building on Bitcoin’s Light
Animoca Brands plans to add education to its multibillion-dollar NFT and gaming business
It's been about 40 years since Yat Siu got into the technology space.
But just eight years ago, Siu co-founded Animoca Brands, a prolific software and VC company that has invested in over 220 portfolios across blockchain gaming, NFTs, decentralized finance and the metaverse, among other sectors
SEC chair Gary Gensler takes aim at crypto exchanges for trading against their customers
"http://localhost:81/images/resimler/speakable-summary">U.S. regulators, already skeptical of crypto, are doubling down on their stance as the digital asset markets plunge this week. U.S. Securities and Exchange Commission chair Gary Gensler made his concerns clear in an interview with Bloomberg on
Crypto market bloodbath hits Solana particularly hard
The past several days have been trying times for crypto investors as a broader market pullback has wreaked havoc on token prices. While Bitcoin and Ethereum have sustained over 20% declines each over the past week, a number of emerging projects have been hit even harder, including Silicon Valley da
Terra's UST crash will make life harder for crypto as regulation looms
Conversations in the crypto world have centered around stablecoins this week as their touted stability comes into question.
What was one of the largest stablecoins, TerraUSD (UST), fell from grace after it depegged from its $1 value on Monday and since dropped as much as 70% to $0.2998, when it was
UST founder Do Kwon shares plan to save its stablecoin from mass destruction
The past few days have been extremely volatile across the crypto economy, after one of the (what was supposed to be) largest stablecoins, TerraUSD (UST), depegged from its $1 value and fell as much as 70% to 29 cents earlier this morning.
Do Kwon, the founder of Terraform Labs (TFL) — the organiz