"The Hash" panel tackles the collapse of UST stablecoin and luna token as it continues its ripple effects on the crypto markets. However, Terra says it has a plan to fix things. Nevertheless, the global crypto regulators are coming. Cathie Wood's Ark Invest doubles down on buying up more sliding Coinbase stock.
See also: LUNA, UST Issuer Terra Restarts Blockchain After Brief Shutdown
Cathie Wood's Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange's Stock Plummets
Terra-Based DeFi Protocol Anchor Proposes Cutting UST Yield Rates to 4%
Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Visit coindesk.com/consensus2022 to get your pass today.
This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz Our theme song is “Neon Beach.”
