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Terra
Is Bitcoin the Next Nasdaq?
Andrew Edstrom, Wescap Group Financial Advisor and Investor, shares insights into how bitcoin (BTC) could drive returns in investors’ portfolios in the 2020s, just as the top Nasdaq-listed companies did in the prior decade. Plus, his strategies for navigating the “bitcoin winter” and the Terra collapse.
As Polygon Courts Terra Developers, It Takes Shots at Solana
“We wanted to offer as much assistance as we could,” Polygon Studios CEO Ryan Wyatt said on CoinDesk TV’s “First Mover” program.
Polygon Calling on Terra Projects to Move to its Blockchain
Terra and “LUNA 2” (LUNA) have launched following the collapse of the Terra ecosystem. Their thriving developer community will have to decide whether to continue building on the new Terra or abandon ship to competitor blockchains eager to snatch up talent. Polygon Co-founder Sandeep Nailwal and Polygon Studios CEO Ryan Wyatt discuss on “First Mover.”
FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse
The head of one of the largest crypto exchanges in the U.S. said fiat-backed stablecoins are still reliable and not risky.
The Fall of Terra: A Timeline of the Meteoric Rise and Crash of UST and LUNA
A detailed timeline of Terra's journey from its underdog start as a payments app in South Korea to a $60 billion crypto ecosystem to one of the biggest failures in crypto.
South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report
The committee will provide criteria for the listing of coins by exchanges, introduce investor protections and monitor unfair trading.
Fmr CFTC Commissioner Brian Quintenz on Crypto Markets Outlook Amid Rising Inflation
On the heels of President Biden's meeting with Federal Reserve Chair Jerome Powell, former CFTC Commissioner and current a16z advisor Brian Quintenz discusses the need for the Fed to take an "aggressive approach" to tackling soaring inflation and the potential outcomes for the crypto industry. Plus, his bear market strategy and thoughts on Terra's implosion.
Mirror Protocol Crisis Averted; ETH Crosses $2,000 Mark
Indian official says crypto consultation paper almost ready. Social media users highlight price mismatch in Terra’s Mirror Protocol. Ether crosses $2,000 mark as crypto market rises. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
CoinShares' Losses From Terra's Slide Hit $21.4M
Liquidating the digital asset firm's position was a "humbling lesson," the CEO said.
The Rise and Fall of Terra vs. Bitconnect
CoinDesk’s Nikhilesh De discusses how the $14 billion crash of Luna Foundation Guard’s Terra protocol compares with the $2.4 billion global Bitconnect Ponzi scheme. Plus, CoinDesk’s Sam Kessler on what the future holds for stablecoins.