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Chinese Report Slams LUNA; LUNA’s Revival Plan Response
South Korean authorities cite LUNA debacle to call for speedier crypto oversight. China state paper slams crypto and LUNA crash; applauds crypto ban. LUNA community assesses damage and offers solutions. Piyush Gupta of DBS Bank talks on regulation following the LUNA fiasco. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Where Did Luna Foundation Guard's 80K BTC Reserve Go?
Luna Foundation Guard's (LFG) bitcoin reserve has depleted almost entirely from around 80,000 BTC to about 300 BTC. Solidus Labs Chief Operating Officer Chen Arad shares insights into what happened to the assets in LFG's reserve and what this reveals about the long-term prospects of the wider crypto markets.
Bitcoin Oversold, Crypto Fear and Greed Index in ‘Extreme Fear’ Territory
The cryptocurrency fear and greed index remains in “extreme fear” territory according to FxPro, but ignores the optimism in recent hours. Meanwhile, BTC appears to be oversold on the charts, which typically precedes a short-term upswing in price. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Bitcoin Stabilizes Amid Terra Luna Ecosystem Collapse
A wild week for bitcoin as the collapse of Terra’s algorithmic stablecoin TerraUSD (UST) and luna (LUNA) token continues its ripple effects on the crypto industry. CoinDesk’s Brad Keoun and Christie Harkin review the week’s top stories moving the markets.
Is the Worst Over for the Crypto Markets?
Following a week of wild price fluctuations, is the worst over for bitcoin and the wider crypto markets? “All About Bitcoin’s” Week in Review panel discuss their BTC outlook for the week ahead.
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. "The Hash" squad discusses the potential connection to UST's collapse and what the future holds for Galaxy.
Galaxy Digital Sees Quarter-to-Date Loss of $300M
Cryptocurrency-focused financial services firm Galaxy Digital (GLXY) said it expects its quarter-to-date loss through Wednesday to be about $300 million. "The Hash" squad discusses the potential connection to UST's collapse and what the future holds for Galaxy.
LUNA, UST Still Available on FTX and Other Exchanges Despite Terra Blockchain Halt
Despite a second halt of the Terra blockchain by its validators, its luna (LUNA) token and TerraUSD (UST) algorithmic stablecoin remain available to trade on FTX and other crypto exchanges. “The Hash” team discusses the implications of crypto delisting and what this could reveal about the fate of Terra.
FTX CEO Sam Bankman-Fried Buys 7.6% Stake in Robinhood
According to an SEC filing, FTX CEO Sam Bankman-Fried bought 56 million Robinhood (HOOD) shares on May 2, representing a 7.6% stake in the popular trading app. HOOD rose more than 20% upon the news. "The Hash" hosts react, discussing what could be next. Is a Robinhood-FTX.US merger on the horizon?
Elon Musk Says He's Still Committed to Twitter Deal After Putting it on Hold
Tesla CEO Elon Musk said he is still committed to his $42 billion takeover of social media giant Twitter (TWTR) after putting it on hold pending data on its spam and fake accounts. "The Hash" panel discusses the latest in a wild month of news on the Elon Musk-Twitter saga.