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Terra
Let Terra Die
Do Kwon's proposal to fork the failed stablecoin network isn't what LUNA holders want, nor will it help them.
Ikigai’s Travis Kling on Markets, Stablecoins and Crypto Use Cases
Bitcoin dipped under $30,000 Wednesday amid a retreat across traditional markets, driven in part by Fed Chair Jerome Powell’s pledge to keep tightening monetary conditions until inflation comes down. Ikigai’s Travis Kling discusses the impact of Fed policy on the crypto markets, also touching on BTC’s use cases, USDT, Terra and altcoins.
Bitcoin Miner Argo Blockchain Emerged Unscathed From Its UST Stake
The company said it was able to sell its minimal UST stake for around 93 cents per token before the price completely collapsed.
Do Kwon Pushes On-Chain Proposal Live Even as 92% Vote 'No' in Online Poll
The plan to put Terra back on track after last week’s implosion was made live this morning, but online poll results suggest the community is against the move.
Swan Bitcoin CEO: Terra Was a 'Ponzi Scheme'
Swan Bitcoin CEO Cory Klippsten discusses why he's "not surprised" about the collapse of Terra's UST and LUNA, saying "their whole scheme was a ponzi scheme." Plus, his take on the whereabouts of Terra's bitcoin reserves.
Terraform's Legal Team Quits Amid Terra Stablecoin Fallout
Marc Goldich, Lawrence Florio and Noah Axler left the Terra ecosystem backer in May, according to their LinkedIn profiles.
How Capitol Hill is Reacting to Terra’s Collapse
Ron Hammond, director of government relations at The Blockchain Association, one of the crypto industry’s largest lobbying groups, discusses how Capitol Hill is reacting to the implosion of Terra’s algorithmic stablecoin UST, and why it might not be a popular topic among U.S. lawmakers.
Terra Hard Fork Proposed; Temasek ‘Doesn’t Own Bitcoin
Terra fiasco weighs on South Korean P2E projects. Do Kwon proposes Terra fork, ditching UST. Singapore’s Temasek says it doesn’t own Bitcoin, but is getting ready for tokenized assets. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Americas: Bitcoin Retakes $30K as 'Institutional Adoption' Makes Crypto More Like Stocks
The latest moves in crypto markets in context for May 17, 2022.
