Terra’s indigenous stablecoin, the TerraUSD (UST), was once touted to be an engineering marvel in the blockchain sector. With its unique, dual token system–it behaved like any other stablecoin which t...
Tag: artificially
Bitcoin’s Value Artificially Inflated and Rarely Used for Legal Transactions, Says ECB
The latest critique came from the top leadership at European Central Bank (ECB), who stated that Bitcoin’s value “is likely to be artificially induced” while adding that the crypto-asset is on a “road...
Celsius ‘artificially’ inflated the price of CEL, lawsuit alleges
Celsius Network’s troubles are mounting even as the crypto lender navigates a storm that it may have actually rode into knowingly. On Thursday, the crypto lender was hit by a class action lawsuit, fil...