As the cryptocurrency industry takes stock of the dramatic unraveling of the UST project, those that build and maintain stablecoins are at pains to point out that these instruments aren't created equal.That message needs repeating, says Dante Disparte, chief strategy officer and
As the collapse of the Terra ecosystem enters its final, definitive stages, signs of the real-world wreckage caused by the flawed virtual project are impossible to miss. On social media and message boards, former LUNA backers are reporting huge losses, despair and hopelessness. S
The price of many cryptocurrencies continues to fall -- a drop largely driven by widespread anxiety regarding the Federal Reserve's actions to stem inflation and how bond sell-offs (and interest rate...
If you’re invested in crypto, it’s hard not to think about the red ink in your wallet right now as concerns over the U.S. Federal Reserve’s interest rate hikes have walloped token prices.But if you want to think about the long-term outlook, it’s better not
Enter Binance Smart Chain (BSC). An EVM-compatible blockchain developed by Binance capable of hosting Ethereum-style DeFi apps, with gas fees in the range of a few cents.
Janet Yellen, recently speaking at American University, made erudite, sensible remarks about the right approach to regulate digital currencies and assets, innovation and the policies surrounding them.The U.S. Treasury Secretary noted the sector's explosive growth from $14 billion
A "Black Swan" event is unpredictable beyond what is normally expected of a situation, is obvious in hindsight and has potentially severe consequences. Examples include the subprime crisis and subsequent meltdown of the banking sector in 2008 and the market capitulation following
I first met Meltem Demirors in Singapore. This was in 2018 – a lifetime ago in crypto years. This was before DeFi, before NFTs, and before even Larry David, Tom Brady and Matt Damon began hawking crypto.“I just don’t give a f**k,” she told me back then, ex
Cryptocurrency is digital money that isn't managed by a central system, like a government. Instead, it's based on blockchain technology, with bitcoin being the most popular one.
Regulatory focus across the digital asset market is increasing in a bid to fight and prevent financial fraud, but nothing substantial has been achieved thus far.
As the process of price discovery continues, and traders of bitcoin (BTC) and other crypto assets are trying to find where these markets will bottom out, it’s worth taking a moment to ask why you’re still in the game. Presuming you haven’t been liquidated.The US
It has been a brutal couple of days for the global cryptocurrency market, as the price of major players such as Bitcoin and Ethereum crashed following the collapse of the TerraUSD stablecoin....
There are plenty of alternatives to Bitcoin and other big-name cryptocurrencies. If you’re ready to invest in some crypto, consider these affordable options.
In much of the crypto press, you often find a lot of optimism, positivity and hope for the future of this asset class, even in the face of challenging markets.This kind of optimism can be contagious. Indeed, over the past two years the mainstream financial press has adopted a mos
In much of the crypto press you often find a lot of optimism, positivity and hope for the future of this asset class, even in the face of challenging markets.This kind of optimism can be contagious. Indeed, over the past two years the mainstream financial press has adopted a most
Cryptocurrencies at large are taking a beating. Bitcoin, which recently saw 40% of investors underwater, is down 55% from its all-time high of $69,044 in November 2021, according to CoinGecko....
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at this particular model of stablecoin.You’re reading State of Crypto, a CoinDesk newsletter looking at the
With skyrocketing valuations, cryptocurrencies are becoming more popular. Find out which cryptocurrencies could be the next to explode in value in 2022.