Mike Novogratz thinks the recent crypto chaos—from the Terra blockchain and LUNA token crash to the bankruptcies of Celsius and Voyager to Three Arrows Capital’s missteps—has made the entire industry ...
Tag: LUNAtic
One-time ‘Lunatic’ crypto booster Mike Novogratz says he was ‘darn wrong’ about the ‘full-fledged credit crisis’
Michael Novogratz, the billionaire CEO of Galaxy Digital, was a consistent booster of cryptocurrency during the bull market—and though he remains very supportive of the space, the self-proclaimed “For...
The ‘chaos’ check of UST and what lies ahead for its LUNA-tic cost
Stablecoins rose to fame following the trust factor; the value of stablecoins is based on people’s trust in the company holding the collateralized reserve asset. But, that trust may waver on occasion....