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Latest from Danny Nelson
Terra Validators Halt Blockchain for Second Time to Plot Next Steps
The blockchain was halted earlier Thursday after the governance token LUNA fell in price.

FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
He bought 56 million shares of the popular trading app on May 2.

Chainalysis Raises $170M at $8.6B Valuation
The crypto sleuthing firm says its tools monitor $1 trillion worth of transactions every month.

UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say
Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.

UST Resumes Spiral After Quiet Day Orbiting 90 Cents
Terra’s shaky stablecoin is prompting calls for closer regulation by key U.S. officials.

UST Stablecoin Veers Wildly From Dollar Peg. Here's the Latest
By tapping into its bitcoin reserves, UST’s salvation may have exacerbated a bitcoin sell-off that brought BTC to its lowest price since July 2021.

Instagram Eyes Creator Economy With NFT Rollout
With millions of creators and billions of users, Instagram could turn NFTs into a cash cow, the company hopes.

Meta’s Instagram to Support NFTs From Ethereum, Polygon, Solana, Flow
The social media powerhouse won’t charge users for showcasing their crypto art.

‘Tamagotchi on Crack’: Irreverent Labs Raises $40M for NFT Cockfighting Game
Investors are backing a gaming studio whose “MechaFightClub” title is predicated on 6,969 robot chicken NFTs, according to government filings.

Bitcoin Influencer Dan Held Steps Back From Kraken’s Marketing Team
The soon-to-be former marketing director will instead focus on a personal consulting gig.
