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Terra
DeFi Platform Lido Votes Against Supporting New Terra Blockchain
Terra's revival plan was approved by network validators earlier Wednesday.
Terra Snapshot Expected This Week. Here’s How 'New' Luna Will Be Distributed
The supply of tokens on the new blockchain will be just over 116 million, developers said.
First Mover Asia: Bitcoin Dominates but Altcoins Lurk
Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.
Bitcoin’s Correlation to Leading Crypto Assets Recovers
Noelle Acheson, head of market insights at Genesis Global Trading, discusses her crypto markets analysis and outlook, sharing insights into bitcoin’s correlation to leading crypto assets and traditional markets after Terra’s collapse. Plus, lessons learned from previous bear market cycles.
LUNA’s Ghost Haunts ‘Permissionless’ Crypto Conference
At the first industry conference since Terra’s $40 billion collapse, companies and investors say crypto could face a more uncertain future.
Terra Embezzlement Alleged; RBI Reiterates Crypto Warning
South Korean police reportedly investigating Terra employee over alleged embezzlement. India’s Central Bank Governor says recent crypto crash justifies RBI’s stance. Davos and the crypto conversation with Sheila Warren of the Crypto Council for Innovation. Report says crypto mining farm discovered in Russia’s oldest prison. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
South Korean Authorities Look to More Closely Scrutinize Exchanges Following Terra Meltdown: Report
Around 280,000 South Koreans are believed to have been victims of the abrupt plunge in UST and LUNA.
ECB Warns That Crypto Risks Could Spill Over Into Wider Economy
Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.
Institutional Interest in Crypto Continues Amid Market Sell-Off
GlobalBlock Market Analyst Marcus Sotiriou shares his bitcoin price analysis following the selloff in the crypto markets seen over the past few weeks. Plus, insights on why institutional investors continue to purchase crypto amid macro headwinds like inflation at the collapse of the Terra ecosystem.
Korean Police Move to Freeze Luna Foundation Guard Assets: Report
Seoul police are seeking to ban the entity from withdrawing suspected embezzled funds.
