Gareth Soloway shares secrets of the trade on CoinGeek Weekly Livestream
On a special episode of the CoinGeek Weekly Livestream, host Kurt Wuckert Jr. was joined by Gareth Soloway, a veteran trader with over two decades’ worth of experience.
Latest LUNA News
South Korea reinstates investigative unit ‘Grim Reapers of Yeoui-do’ to investigate Terra
The unit is a joint financial and securities crime investigation team from the Financial Services Commission and the Financial Supervisory Service and was disbanded in 2020.
Sam Bankman-Fried is wrong again
Sam Bankman-Fried, whose FTX exchange sold both UST and LUNA, has emerged to tell the Financial Times that Bitcoin has no future as a payments network.
Key members of Terraform Labs’ legal team resign after LUNA UST collapse
The legal team members include General Counsel Marc Goldich, Chief Corporate Counsel Lawrence Florio, and Chief Litigation and Regulatory Counsel Noah Axler.
It’s all decentralized until someone gets rekt
Many blockchains and digital currencies assert to be “decentralized,” however, its short history has proven this to be demonstrably false, as several incidents have occurred in the past six years proving so.
Following LUNA UST crash, South Korea emphasizes need for digital currency regulations
The country’s regulators have said they will use the Terra debacle to raise awareness among digital asset investors following the LUNA meltdown.
UST LUNA crash is just a preview of what’s to come—winter is officially here
An algorithmic stablecoin lost its peg to the U.S. dollar, and as a result, it caused the algorithm to print mass amounts of LUNA token, causing it to crater from $100+ to pennies overnight.
Joshua Henslee: ‘Crypto’ bros are wannabe creatures from Jekyll Island
Joshua Henslee released a video discussing his take on the digital currency market chaos last week, particularly how the 'leaders' in the space are handling the issue.
Coinbase reveals customer assets are not safe as collapse starts
Coinbase reported a loss of US$430 million in Q1 2022 as revenue slipped 27% compared to a year ago, and the stock ($COIN) has now lost 70% of its value since March.
The CoinGeek Pulse Episode 88: Treasury renews call for regulation amid UST and Luna collapse as Instagram integrates NFTs
UST, a stablecoin pegged to the U.S. dollar, along with its sister token Luna, plunged to its lowest value—dropping as low as below $0.30 and losing about $40 billion of its market cap in 48 hours.
US Federal Reserve says stablecoins are risky as UST goes down
The over-concentration of the stablecoin markets was also highlighted, with the trio of Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) controlling over 80% of the market share.
LUNA and UST crashed again, raising questions about stablecoins
The prices of inter-linked LUNA and UST tokens on the popular Terra network tanked this week, causing leading exchanges, including Binance, to suspend transactions in those assets.