A new decentralized finance protocol has imploded. It is Nirvana Finance, which runs on Solana’s blockchain. Nirvana Finance liquidated According to DeFiLlama‘s data, its TVL has all but dissolved. I...
Tag: Implosion
236K BTC Sold by Large Institutions Since Terra’s Implosion in May
In a recent Twitter thread, Arcane Research analyst Vetle Lunde revealed how many Bitcoin institutional investors had sold since Terra’s carnage kicked in, thus tanking the whole crypto market. In his...
3AC Founders Finally Speak Out about Hedge Fund’s Implosion
Alex Dovbnya 3AC’s Kyle Davies and Su Zhu have finally broken their silence after their hedge fund filed for bankruptcy earlier this month Contents “The nail in the coffin” “On...
One Ethereum Rival Tripled Its Share of Total Value Locked Across DeFi After Terra (LUNA) Implosion: New Study
A new report from crypto ranking platform CoinGecko is shedding light on one Ethereum (ETH) rival that tripled its share of total value locked (TVL) in the decentralized finance (DeFi) sector after th...
Anatomy Of The CeFi Implosion
getty getty I have been and still am a big fan of DeFi (decentralized finance) and for that matter CeFi (centralized finance) but the recent implosion highlights the issues for all financial services....
Lending Implosion Forces Regulatory Scrutiny in Texas and Alabama
Authorities in Texas and Alabama are widening their inquiry into the collapse of crypto-lending companies, Voyager Digital and Celsius Network. According to a Bloomberg report, the inquiry of the stat...
The Crypto “Implosion” Won’t Stop Below $1T, Says Jim Cramer
CNBC’s Jim Cramer is a controversial figure in the crypto space. The host of the popular show “Mad Money” has been moving back and forth on its position on the nascent asset class and has been leaning...
Tether attacked during the implosion of Terra
During the implosion of the Terra ecosystem, the cryptocurrency Luna and the stablecoin UST, some hedge funds bet big on USDT imploding as well. Recorded heavy short selling on Tether This was confir...
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
On June 19, the decentralized finance sector came under scrutiny again after DeFi protocol, Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of ...
Binance CZ Condemns the Coindesk Report Alleging TerraForm Labs Owns the Wallet That Triggered $UST Implosion
– Advertisement – The founder of Binance has joined FatMan in condemning the joint report published by Coindesk and Uppsala Security. Changpeng “CZ” Zhao, the founder and CEO of world’s l...
Five Major South Korean Exchanges Are Banding Together To Prevent Another LUNA-Like Implosion ⋆ ZyCrypto
Advertisement     A group of South Korean crypto exchanges is working to prevent a repeat of Terra’s implosion in May. The exchanges will act together to ensure unifor...
Fears of another Terra-UST implosion simmer as Tron’s USDD stablecoin loses dollar peg
? Want to work with us? CryptoSlate is hiring for a handful of positions! Tron’s algorithmic stablecoin, USDD, has raised fears and speculations in the crypto market after its price dipped to $0.97 an...
SEC Investigating $60 Billion Terra Implosion
Alex Dovbnya The Terra implosion has reportedly attracted scrutiny from the U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission has reportedly launched an investigation...
Crypto Community Reacts To News That Kwon Silently Cashed Out $80 Million Monthly Before Terra Implosion ⋆ ZyCrypto
Advertisement     In a shocking twist, the U.S. Securities and Exchange Commission (SEC) has reportedly uncovered evidence that shows Terraform Labs CEO Do Kwon was wi...
South Korea to Launch ‘Digital Assets Committee’ in Response to Terra Implosion: Report
The South Korean government is launching a Digital Assets Committee to oversee crypto exchanges as early as next month, according to a translated report from local outlet NewsPim. The Digital Assets C...
Do Kwon Sheds Light On LUNA’s Implosion As Terra 2.0 Ecosystem Revival Plan Gains Momentum ⋆ ZyCrypto
Advertisement     Do Kwon entertained a barrage of questions surrounding Terra’s death over the weekend. He refuted claims of tax evasion and added that it would be in...
IMF: implosion risk for non-collateralized stablecoins
International Monetary Fund (IMF) Director Kristalina Georgieva recently warned against less robust crypto projects and improperly collateralized stablecoins. Georgieva represents the IMF at the World...
Terra’s Implosion Births Crazy Stablecoin Backed by Iced Tea
After TerraUSD (UST) de-pegged from the U.S. dollar, dragging with it billions of investors’ funds, a new stablecoin backed by cans of iced tea has risen like the phoenix. Satire or not, USDTea, a new...
LUNA Price Analysis: Terra implosion leaves the asset fending for itself
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Implosion Of Tether Is Closer Than Ever! Fears Over USDT Downfall Loom
Tether’s USDT market valuation has decreased by nearly $9 billion after Terra’s UST meltdown. The market saw a dramatic sell-off last week as a result of the collapse of Terra’s UST stablecoin, with U...
DEI Loses Peg After Terra’s Implosion, But Hong Kong Offers Way Out
The difficult patch for cryptocurrencies continues as Fantom’s DEI becomes the latest stablecoin to lose its peg to the U.S. dollar. At the start of the week, Deus Finance’s stablecoin, DEI, according...
After Terra’s stablecoin implosion, battered investors ask ‘where is Do Kwon?’
With angry investors facing heavy losses following TerraUSD’s dramatic de-pegging this week, users on the Terra Research Forum and Reddit are now asking where Terraform Labs CEO Do Kwon is and even ca...
Do Kwon fears for his safety following Terra (LUNA) implosion
Korean news outlet Money Today has reported that TerraForm Labs CEO Do Kwon has requested police protection. The appeal came following a break-in at his apartment in the Seongsu-dong district of Seoul...
BlackRock Says It’s Not Involved in Implosion of Terra
Alex Dovbnya BlackRock, Gemini and Citadel have all denied evidence-free conspiracy theory about their alleged involvement in crash of LUNA BlackRock, the world’s biggest asset manager, has cate...
Uncovering Terra’s Implosion — Terraform Labs’ Big Name Backers and ‘Zero Exposure’ Claims – Bitcoin News
Digital currency markets have continued to slide downward in value as the crypto economy has dropped by 14% during the past 24 hours. Amid the market rout, the native Terra blockchain token LUNA has d...
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy – Coinotizia
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital ass...
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy – Bitcoin News
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital ass...
Allianz Hedge Fund Implosion Results in $4.2 Billion Charge
(Bloomberg) — The price tag for one of the biggest trading debacles during the pandemic-fueled market meltdown of early 2020 is beginning to emerge. Most Read from Bloomberg Allianz SE, facing m...