Luna Yield


Думки

From One to Zero: BlockFi’s Fire Sale Shows the Uber Startup Model Is Disastrous for Finance

Peter Thiel’s monopolistic theories about building companies have clearly hit their limit: banking.

Subsidizing shadow-banking yields turns out to be a really, really bad idea. (Getty Images/wakila)

Ринки

Terra’s LUNA Gains, Then Slides, After Do Kwon's Fork Proposal

Traders sold the tokens even as founder Do Kwon proposed a separate chain to make up for last week’s implosion of UST.

(Javardh/Unsplash)

Думки

The Human Cost of Lunatic Hubris

Terraform Labs' Do Kwon and his collaborators sold a bad bet to thousands of everyday folks. We're beginning to see how immense the harm was.

The Earth had recently formed when it was struck by a protoplanet called Theia roughly three times the size of Mars. The collapse of the Terra blockchain system has had comparable impacts on some holders. (Mark Garlick/Getty Images/Science Photo Libra)

Ринки

Bitcoin Flirts With $30K During Asia Trading Day as Luna Foundation Guard Fights to Defend UST Peg

Glassnode analyst says change in exchange balance is due to LFG using bitcoin reserves to defend stablecoin peg.

Terraform Labs CEO Do Kwon on CoinDesk TV in December.

Ринки

Luna Foundation Guard Lends $1.5B in BTC and UST for Stablecoin Peg

The move comes after UST briefly lost its peg to the U.S dollar over the weekend.

Daniel Shin y Do Kwon, cofundadores de Terra. (Terraform Labs)

Фінанси

Fireblocks Sees $500M Stampede Into Terra DeFi in First Week

Pent-up demand for Terra’s ecosystem among Fireblocks’ early access program hedge funds and wealthy investors has been “crazy.”

Fireblocks CEO Michael Shaulov (Eva Marie Uzcategui/Bloomberg via Getty Images)

Думки

‘Built to Fail’? Why TerraUSD’s Growth Is Giving Finance Experts Nightmares

The Terra/Luna blockchain is growing at a blinding pace. At its heart, according to some critics, is a ticking time bomb.

A bank run in progress at New York City's American Union Bank on April 26, 1932. A run on an algorithmic stablecoin would similarly leave some depositors empty-handed. (Wikimedia)

Думки

Will Rising Interest Rates Sink the Crypto Ecosystem?

Competition for capital is clobbering speculative investments like tech stocks. Digital assets have held up comparatively well – so far.

Crypto investors may be in for rough sailing as interest rates rise. Charles Turner's "A Shipwreck," 1805, from the collection of the Art Institute of Chicago.

Ринки

Terra’s LUNA Surges 17% as UST Becomes Third-Largest Stablecoin

Terra has also purchased record amounts of Convex tokens in the past month, research found.

(Annie Spratt/Unsplash)

Pageof 3